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Economy of Chad vs China compared: GDP & Debt

Updated on by Georank team

Chad has a GDP of $19.5B compared to $18.7T for China, ranking 132/197 and 2/197 by economy size, respectively.

Chad has $6.37B in government debt (32.7% of GDP), compared to $16.6T (88.3% of GDP) in China.

Chad vs China GDP by year

Chad
China
1x
Year GDP, current $
Chad China
2024 $19,518,819,751 $18,743,803,170,827
2023 $18,340,233,749 $18,270,356,654,533
2022 $17,828,508,290 $18,316,765,021,690
2021 $16,871,937,698 $18,201,698,719,564
2020 $14,932,897,821 $14,996,414,166,715
2019 $14,905,517,743 $14,560,167,101,283
2018 $15,327,000,249 $14,147,765,772,964
2017 $13,349,041,409 $12,537,559,062,283
2016 $13,026,289,836 $11,456,024,084,962
2015 $14,559,599,500 $11,280,814,787,469
2014 $18,144,336,904 $10,674,533,168,257
2013 $17,865,316,886 $9,743,124,247,267
2012 $17,892,228,570 $8,673,664,713,189
2011 $16,685,349,674 $7,671,757,207,851
2010 $14,058,506,664 $6,192,564,874,453
2009 $12,317,614,054 $5,189,577,094,998
2008 $13,385,593,990 $4,667,346,414,522
2007 $10,865,385,132 $3,604,055,822,572
2006 $9,709,626,596 $2,791,498,472,804
2005 $8,655,892,393 $2,317,551,298,052
2004 $4,422,855,661 $1,984,196,551,300
2003 $2,742,815,072 $1,683,903,309,844
2002 $1,997,005,709 $1,489,821,682,051
2001 $1,710,843,377 $1,355,036,590,252
2000 $1,388,506,772 $1,223,754,919,971
1999 $1,534,673,583 $1,103,843,203,576
1998 $1,744,794,531 $1,037,134,141,760
1997 $1,544,689,577 $967,753,570,435
1996 $1,607,345,356 $868,523,936,530
1995 $1,445,919,895 $738,190,896,228
1994 $1,179,837,963 $566,929,539,493
1993 $1,463,251,164 $446,557,291,212
1992 $1,881,847,670 $428,502,354,788
1991 $1,877,137,982 $384,510,452,962
1990 $1,738,605,558 $361,560,229,446
1989 $1,433,686,312 $348,380,566,802
1988 $1,482,597,298 $312,888,888,889
1987 $1,163,426,852 $273,455,156,951
1986 $1,067,828,246 $301,310,144,928
1985 $1,033,069,709 $310,064,625,850
1984 $919,103,735 $260,442,857,143
1983 $832,415,806 $231,130,268,199
1982 $834,369,860 $205,480,916,031
1981 $876,937,558 $196,218,253,968
1980 $1,033,002,404 $191,487,500,000
1979 $1,004,316,496 $178,573,913,043
1978 $1,113,920,124 $149,788,617,886
1977 $935,360,465 $175,226,595,860
1976 $866,044,962 $154,196,810,059
1975 $864,602,105 $163,687,619,736
1974 $652,532,795 $144,418,433,058
1973 $647,199,483 $138,764,340,892
1972 $585,427,547 $113,871,930,714
1971 $501,866,730 $99,959,013,880
1970 $469,266,737 $92,752,930,873
1969 $471,635,622 $79,847,786,729
1968 $453,980,096 $70,980,323,819
1967 $449,826,323 $73,011,350,596
1966 $432,794,922 $76,854,053,259
1965 $416,926,303 $70,565,994,356
1964 $392,247,518 $59,821,862,703
1963 $371,767,002 $50,812,227,919
1962 $357,635,713 $47,310,737,754
1961 $333,975,336 $50,162,299,350
1960 $313,582,728 $59,846,235,025

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/chad/china | CC BY

GDP per capita in Chad vs China by year

Chad
GDP per capita

GDP per capita, PPP
China
GDP per capita

GDP per capita, PPP
1x
Year Current $
Chad China
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $962 $2,743 $13,303 $27,105
2023 $949 $2,700 $12,951 $25,179
2022 $966 $2,624 $12,971 $23,032
2021 $946 $2,435 $12,887 $20,843
2020 $867 $2,186 $10,627 $18,267
2019 $893 $2,352 $10,343 $17,601
2018 $949 $2,228 $10,086 $16,298
2017 $854 $2,097 $8,980 $15,022
2016 $862 $2,120 $8,255 $14,157
2015 $994 $2,378 $8,175 $13,463
2014 $1,279 $2,133 $7,781 $12,942
2013 $1,305 $2,110 $7,147 $12,228
2012 $1,354 $2,435 $6,405 $11,420
2011 $1,308 $2,388 $5,704 $10,457
2010 $1,142 $2,320 $4,629 $9,411
2009 $1,036 $2,087 $3,898 $8,448
2008 $1,166 $2,181 $3,523 $7,713
2007 $980 $2,149 $2,735 $6,935
2006 $907 $2,079 $2,129 $5,946
2005 $838 $2,102 $1,778 $5,148
2004 $446 $1,808 $1,531 $4,505
2003 $289.1 $1,378 $1,307 $4,007
2002 $219.1 $1,226 $1,164 $3,591
2001 $194.3 $1,152 $1,065 $3,258
2000 $163.1 $1,044 $969 $2,964
1999 $186.6 $1,066 $881 $2,690
1998 $219.8 $1,096 $835 $2,483
1997 $201.4 $1,049 $787 $2,297
1996 $216.9 $1,010 $713 $2,088
1995 $204 $1,014 $613 $1,884
1994 $173.9 $1,026 $476 $1,680
1993 $220.7 $933 $379 $1,471
1992 $290.6 $1,107 $368 $1,276
1991 $302 $1,046 $334 $1,105
1990 $290.6 $967 $319 $991
1989 $246.4 - $311 -
1988 $263.5 - $284 -
1987 $213.9 - $252.3 -
1986 $203.4 - $282.4 -
1985 $202.7 - $295 -
1984 $182.2 - $251.2 -
1983 $167.2 - $225.9 -
1982 $176.1 - $203.7 -
1981 $194 - $197.4 -
1980 $228.8 - $195.1 -
1979 $222.9 - $184.3 -
1978 $252.5 - $156.7 -
1977 $215.9 - $185.7 -
1976 $203.7 - $165.7 -
1975 $207.5 - $178.6 -
1974 $160 - $160.4 -
1973 $162.4 - $157.3 -
1972 $150.4 - $132.1 -
1971 $131.8 - $118.8 -
1970 $125.9 - $113.3 -
1969 $129.2 - $100.3 -
1968 $126.9 - $91.6 -
1967 $128.2 - $96.8 -
1966 $125.8 - $104.5 -
1965 $123.6 - $98.7 -
1964 $118.6 - $85.7 -
1963 $114.7 - $74.5 -
1962 $112.6 - $71.1 -
1961 $107.3 - $76 -
1960 $102.8 - $89.7 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/chad/china | CC BY

Chad's GDP per capita is $962, ranking 182/197, compared to $13,303 in China, ranking 76/197. Adjusted for purchasing power (GDP per capita PPP), Chad ranks 182nd at $2,743, while China ranks 77th at $27,105.

Economic indicators

Chad China
Gross domestic product
$19.5B
2024
$18.7T
2024
GDP rank
132/197
2024
2/197
2024
GDP growth
4.2%
2023-2024
4.98%
2023-2024
GDP per capita
$962
2024
$13,303
2024
GDP per capita rank
182/197
2024
76/197
2024
GDP per capita, PPP
$2,743
2024
$27,105
2024
GDP per capita PPP rank
182/197
2024
77/197
2024
Government debt
$6.37B
2024
$16.6T
2024
Debt-to-GDP ratio
32.7%
2024
88.3%
2024
Government debt per person
$314
2024
$11,749
2024
Government debt per person rank
177/185
2024
47/185
2024
Average annual personal income after taxes
$1,276
2026
$9,826
2026
Market capitalization of domestic companies n/a
$11.8T
2024
Number of millionaires n/a
6,327,000
2025
Number of billionaires n/a
450
2025
Income share by richest 10%
29.5%
2022
28.4%
2022
Income share by poorest 10%
2.8%
2022
3.1%
2022
Government expenditure, % of GDP
18.8%
2024
32.9%
2024
Consumer prices inflation
5.1%
2023-2024
0.2%
2023-2024
Central bank interest rate n/a
3.1%
2024
Unemployment rate
1.14%
2018
5.11%
2021
Population
21893857
1402578808

Spending and national debt comparison by year

Chad
Spending

Debt
China
Spending

Debt
1x
Year % of GDP
Chad China
Government spending Government debt Government spending Government debt
2024 18.8% 32.7% 32.9% 88.3%
2023 17.1% 32.2% 32.7% 82%
2022 12.6% 32.1% 32.6% 75.5%
2021 13% 41.6% 31.9% 70.1%
2020 14.1% 41.7% 34.8% 69%
2019 10.6% 38.4% 33.6% 59.4%
2018 9.73% 33.8% 32.6% 55.6%
2017 11.3% 39.2% 32% 53.9%
2016 11.2% 40.1% 31.7% 49.7%
2015 13.8% 31.3% 31% 40.8%
2014 16.9% 29.4% 28.4% 39.3%
2013 16.6% 22.3% 28.1% 36.4%
2012 16.6% 20% 27.7% 33.8%
2011 16.3% 22.3% 26.6% 33.2%
2010 18.5% 22.9% 24.7% 33.3%
2009 19.8% 23.9% 25.2% 34%
2008 14.6% 15.7% 22.2% 26.7%
2007 13.6% 17.6% 17.9% 28.7%
2006 10.7% 20.1% 18.1% 25.2%
2005 8.87% 22% 18% 25.9%
2004 9.84% 25.2% 17.6% 26%
2003 14.9% 34.4% 18% 26.4%
2002 13.8% 42% 18.2% 25.6%
2001 12% 43.5% 17.2% 24.3%
2000 14% 52.4% 16.1% 22.7%
1999 12.9% 44.7% 14.9% 21.6%
1998 10.1% 34.7% 12.6% 20.4%
1997 12% 41.3% 11.5% 20.4%
1996 12% 40.5% 11% 21.2%
1995 12.3% 41.1% 11.1% 21.4%
1994 - - 12.4% -
1993 - - 13.4% -
1992 - - 14.6% -
1991 - - 16.5% -
1990 - - 18.2% -
1989 - - 18.6% -
1988 - - 20.9% 4.46%
1987 - - 23.4% 3.6%
1986 - - 25.6% 3.24%
1985 - - 25.8% 3.31%
1984 - - 26.9% 0.97%
1983 - - 28.3% -
1982 - - 27.9% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1998, retrieved 2026-02-20).

GeoRank.org/economy/chad/china | CC BY

In 2024, Chad's government spending was $3.67B, accounting for 18.8% of its GDP, while China spent $6.18T, or 32.9% of GDP.

Debt-to-GDP ratio is 32.7% in Chad and 88.3% in China, ranking 151/185 and 34/185, respectively.

Government deficit by year

Deficit/surplus
Chad

China
1x
Year Deficit/surplus, % of GDP
Chad China
2024 -2.11% -7.34%
2023 -1.26% -6.71%
2022 3.79% -7.32%
2021 -1.29% -5.9%
2020 1.24% -9.56%
2019 -0.11% -6%
2018 1.39% -4.2%
2017 -0.18% -3.34%
2016 -1.51% -3.33%
2015 -3.29% -2.5%
2014 -3.22% -0.67%
2013 -1.5% -0.82%
2012 0.33% -0.3%
2011 1.75% -0.1%
2010 -3.16% -0.36%
2009 -8.44% -1.72%
2008 2.82% -0.02%
2007 2.02% 0.06%
2006 1.7% -1.13%
2005 -0.05% -1.38%
2004 -1.84% -1.49%
2003 -4.32% -2.36%
2002 -4.08% -2.84%
2001 -3.53% -2.56%
2000 -4.68% -2.81%
1999 -4.07% -2.3%
1998 -1.73% -1.08%
1997 -2.58% -0.73%
1996 -2.86% -0.73%
1995 -3.12% -0.94%
1994 - -1.68%
1993 - -0.89%
1992 - -1.22%
1991 - -1.04%
1990 - -0.72%
1989 - -0.91%
1988 - -2.22%
1987 - -2.08%
1986 - -1.82%
1985 - -0.45%
1984 - -1.44%
1983 - -1.61%
1982 - -1.33%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20).

GeoRank.org/economy/chad/china | CC BY

In 2024, Chad's government deficit, the difference between spending and revenue, was $412M, equivalent to 2.11% of GDP. This compares to China's deficit of $1.38T, or 7.34% of GDP.

Over the past 30 years, Chad recorded a fiscal deficit in 22 of those years, while China ran a deficit in 29 years. On average, Chad posted an annual deficit equal to 1.46% of GDP, compared to deficit of 2.68% of GDP for China.

Inflation comparison by year

Inflation
Chad

China
1x
Year Consumer prices inflation
Chad China
2024 5.1% 0.2%
2023 2.3% 0.2%
2022 5.8% 2%
2021 -0.8% 0.9%
2020 4.5% 2.5%
2019 -1% 2.9%
2018 4% 2.1%
2017 -0.9% 1.6%
2016 -1.6% 2%
2015 4.8% 1.5%
2014 -5.5% 2%
2013 0.2% 2.7%
2012 7.5% 2.6%
2011 2% 5.4%
2010 -2.1% 3.3%
2009 10.1% -0.7%
2008 8.3% 5.9%
2007 -7.4% 4.7%
2006 9.6% 1.5%
2005 4.4% 1.8%
2004 -4.8% 3.9%
2003 -1.8% 1.1%
2002 5.2% -0.8%
2001 12.4% 0.7%
2000 3.8% 0.4%
1999 -8.4% -1.4%
1998 4.3% -0.8%
1997 5.6% 2.8%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

GeoRank.org/economy/chad/china | CC BY

Over the past 28 years, Chad has recorded an average annual inflation rate of 2.34%, compared with 1.82% in China. In 2024, inflation was 5.1% in Chad and 0.2% in China.

Top exports between countries

Chad
Export category Export value
Raw materials & minerals $746M
Raw agricultural goods $10.3M
Textiles & consumer goods $108K
Animal & marine products $54K
Miscellaneous $6K
Wood & paper products $2K
Machinery & equipment $1K
China
Export category Export value
Machinery & equipment $208M
Chemicals & pharma $66.4M
Textiles & consumer goods $51.6M
Metals $22.4M
Raw materials & minerals $11.7M
Raw agricultural goods $9.8M
Miscellaneous $1.84M
Processed food, beverages & tobacco $1.43M
Wood & paper products $1.32M
Precious metals & jewellery $391K

Balance of trade

Chad China
Current account balance
-$37.7M
1994
$424B
2024
Current account balance ranking
82/190
1994
1/190
2024
Current account balance, % of GDP
-3.2%
1994
+2.26%
2024
Goods imports
$212M
1994
$2.64T
2024
Goods exports
$135M
1994
$3.41T
2024
Service imports
$199M
1994
$613B
2024
Service exports
$54.8M
1994
$384B
2024
Imports of goods and services, % of GDP
18.1%
2024
17.2%
2024
Exports of goods and services, % of GDP
29.8%
2024
20%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Chad China
Economic freedom 51.2 48.3
Economic freedom ranking 154/197 170/197
Property rights 17.2 40.9
Government integrity 15.2 42.3
Judicial effectiveness 15 38.6
Tax burden 77.9 69.3
Government spending 92.2 67.8
Fiscal health 97.9 4.4
Business freedom 27.4 68.7
Labor freedom 53.7 57.9
Monetary freedom 71.6 76.1
Trade freedom 46.4 73.4
Investment freedom 60 20
Financial freedom 40 20

Economic freedom comparison by year

Chad
China
1x
Year Economic freedom index
Chad China
2026 51.2 48.3
2025 52.2 49
2024 51.4 48.5
2023 52 48.3
2022 49.8 48
2021 50.4 58.4
2020 50.2 59.5
2019 49.9 58.4
2018 49.3 57.8
2017 49 57.4
2016 46.3 52
2015 45.9 52.7
2014 44.5 52.5
2013 45.2 51.9
2012 44.8 51.2
2011 45.3 52
2010 47.5 51
2009 47.5 53.2
2008 47.8 53.1
2007 50.1 52
2006 50 53.6
2005 52.1 53.7
2004 53.1 52.5
2003 52.6 52.6
2002 49.2 52.8
2001 46.4 52.6
2000 46.8 56.4
1999 47.2 54.8
1998 46.6 53.1
1997 45.1 51.7
1996 - 51.3
1995 - 52

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/chad/china | CC BY

The Economic Freedom Index for Chad is 51.2, ranking 154/197, compared to 48.3 for China, ranking 170/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Chad China
Services, % of GDP
29.8%
2024
56.7%
2024
Industry, % of GDP
28.7%
2024
36.5%
2024
Agriculture, forestry, and fishing, % of GDP
37.7%
2024
6.78%
2024
GNI, Atlas method
$19.1B
2024
$19.3T
2024
GNI per capita, PPP
$2,710
2024
$26,920
2024
Total reserves including gold
$1.05B
2023
$3.46T
2024
Total reserves ranking
140/177
2023
1/177
2024
Net foreign direct investment
-$26.5M
1994
$154B
2024
Net inflows of foreign direct investment
$1.02B
2024
$18.6B
2024
Net outflows of foreign direct investment
$0
2024
$172B
2024
Servicing debt to the IMF, % of GNI
1.9%
2024
1.89%
2024
Poverty at national poverty lines
44.8%
2022
0%
2020
Gross capital formation, % of GDP
26.8%
2024
40.6%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/chad/china | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1982–1998, retrieved 2026-02-20)
  6. TradeMap (2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.