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Economy of Chad vs East Timor compared: GDP & Debt

Updated on by Georank

Chad has a GDP of $21.5B compared to $1.9B for East Timor, ranking 131/197 and 181/197 by economy size, respectively.

Chad has $6.53B in government debt (30.4% of GDP), compared to $273M (14.3% of GDP) in East Timor.

Chad vs East Timor GDP by year

Chad
East Timor
1x
Year GDP, current $
Chad East Timor
2025 $21,472,835,225 $1,902,180,258
2024 $19,906,706,690 $1,865,608,515
2023 $18,352,937,976 $2,079,767,200
2022 $17,828,508,290 $3,208,599,900
2021 $16,871,937,698 $3,625,024,300
2020 $14,932,897,821 $2,162,619,200
2019 $14,905,517,743 $2,032,550,400
2018 $15,327,000,249 $1,555,988,600
2017 $13,349,041,409 $1,584,878,400
2016 $13,026,289,836 $1,640,464,600
2015 $14,559,599,500 $1,590,282,400
2014 $18,144,336,904 $1,447,535,200
2013 $17,865,316,886 $1,395,727,400
2012 $17,892,228,570 $1,160,555,000
2011 $16,685,349,674 $1,042,534,600
2010 $14,058,506,664 $881,909,300
2009 $12,317,614,054 $726,937,800
2008 $13,385,593,990 $648,523,600
2007 $10,865,385,132 $542,795,400
2006 $9,709,626,596 $453,792,400
2005 $8,655,892,393 $462,268,000
2004 $4,422,855,661 $440,772,000
2003 $2,742,815,072 $490,439,100
2002 $1,997,005,709 $469,455,500
2001 $1,710,843,377 $477,359,300
2000 $1,388,506,772 $366,924,300
1999 $1,534,673,583 $225,357,600
1998 $1,744,794,531 $325,729,800
1997 $1,544,689,577 $319,972,700
1996 $1,607,345,356 $306,956,900
1995 $1,445,919,895 $262,819,900
1994 $1,179,837,963 $239,040,500
1993 $1,463,251,164 $216,914,400
1992 $1,881,847,670 $187,891,500
1991 $1,877,137,982 $147,713,000
1990 $1,738,605,558 $128,210,142
1989 $1,433,686,312 -
1988 $1,482,597,298 -
1987 $1,163,426,852 -
1986 $1,067,828,246 -
1985 $1,033,069,709 -
1984 $919,103,735 -
1983 $832,415,806 -
1982 $834,369,860 -
1981 $876,937,558 -
1980 $1,033,002,404 -
1979 $1,004,316,496 -
1978 $1,113,920,124 -
1977 $935,360,465 -
1976 $866,044,962 -
1975 $864,602,105 -
1974 $652,532,795 -
1973 $647,199,483 -
1972 $585,427,547 -
1971 $501,866,730 -
1970 $469,266,737 -
1969 $471,635,622 -
1968 $453,980,096 -
1967 $449,826,323 -
1966 $432,794,922 -
1965 $416,926,303 -
1964 $392,247,518 -
1963 $371,767,002 -
1962 $357,635,713 -
1961 $333,975,336 -
1960 $313,582,728 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/chad/east-timor | CC BY

GDP per capita in Chad vs East Timor by year

Chad
GDP per capita

GDP per capita, PPP
East Timor
GDP per capita

GDP per capita, PPP
1x
Year Current $
Chad East Timor
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,022 - $1,341 -
2024 $981 $2,743 $1,332 $4,423
2023 $950 $2,700 $1,502 $4,807
2022 $966 $2,624 $2,343 $5,730
2021 $946 $2,435 $2,685 $6,825
2020 $867 $2,186 $1,631 $6,132
2019 $893 $2,352 $1,562 $4,557
2018 $949 $2,228 $1,219 $3,561
2017 $854 $2,097 $1,266 $3,463
2016 $862 $2,120 $1,336 $3,391
2015 $994 $2,378 $1,320 $3,108
2014 $1,279 $2,133 $1,225 $2,860
2013 $1,305 $2,110 $1,205 $2,566
2012 $1,354 $2,435 $1,023 $2,386
2011 $1,308 $2,388 $939 $2,066
2010 $1,142 $2,320 $813 $1,955
2009 $1,036 $2,087 $687 $1,810
2008 $1,166 $2,181 $628 $1,675
2007 $980 $2,149 $540 $1,516
2006 $907 $2,079 $465 $1,377
2005 $838 $2,102 $487 $1,435
2004 $446 $1,808 $474 $1,379
2003 $289.1 $1,378 $535 $1,355
2002 $219.1 $1,226 $534 $1,417
2001 $194.3 $1,152 $588 $1,619
2000 $163.1 $1,044 $492 $1,483
1999 $186.6 $1,066 $270 $819
1998 $219.8 $1,096 $346 $1,108
1997 $201.4 $1,049 $349 $1,149
1996 $216.9 $1,010 $344 $1,116
1995 $204 $1,014 $303 $1,043
1994 $173.9 $1,026 $283.1 $985
1993 $220.7 $933 $264.1 $925
1992 $290.6 $1,107 $235.1 $843
1991 $302 $1,046 $189.8 $766
1990 $290.6 $967 $168.6 $685
1989 $246.4 - - -
1988 $263.5 - - -
1987 $213.9 - - -
1986 $203.4 - - -
1985 $202.7 - - -
1984 $182.2 - - -
1983 $167.2 - - -
1982 $176.1 - - -
1981 $194 - - -
1980 $228.8 - - -
1979 $222.9 - - -
1978 $252.5 - - -
1977 $215.9 - - -
1976 $203.7 - - -
1975 $207.5 - - -
1974 $160 - - -
1973 $162.4 - - -
1972 $150.4 - - -
1971 $131.8 - - -
1970 $125.9 - - -
1969 $129.2 - - -
1968 $126.9 - - -
1967 $128.2 - - -
1966 $125.8 - - -
1965 $123.6 - - -
1964 $118.6 - - -
1963 $114.7 - - -
1962 $112.6 - - -
1961 $107.3 - - -
1960 $102.8 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/chad/east-timor | CC BY

Chad's GDP per capita is $1,022, ranking 181/197, compared to $1,341 in East Timor, ranking 168/197. Adjusted for purchasing power (GDP per capita PPP), Chad ranks 182nd at $2,743, while East Timor ranks 163rd at $4,423.

Economic indicators

Chad East Timor
Gross domestic product
$21.5B
2025
$1.9B
2025
GDP rank
131/197
2025
181/197
2025
GDP growth
5.59%
2024-2025
6.98%
2024-2025
GDP per capita
$1,022
2025
$1,341
2025
GDP per capita rank
181/197
2025
168/197
2025
GDP per capita, PPP
$2,743
2024
$4,423
2024
GDP per capita PPP rank
182/197
2024
163/197
2024
Government debt
$6.53B
2025
$273M
2025
Debt-to-GDP ratio
30.4%
2025
14.3%
2025
Government debt per person
$311
2025
$192.3
2025
Government debt per person rank
178/185
2025
182/185
2025
Average annual personal income after taxes
$1,529
2026
$1,644
2026
Income share by richest 10%
29.5%
2022
24%
2014
Income share by poorest 10%
2.8%
2022
4%
2014
Government expenditure, % of GDP
18.6%
2025
93.9%
2025
Consumer prices inflation
-2.6%
2024-2025
0.5%
2024-2025
Unemployment rate
3.11%
2022
1.54%
2022
Population
21855137
1446322

Spending and national debt comparison by year

Chad
Spending

Debt
East Timor
Spending

Debt
1x
Year % of GDP
Chad East Timor
Government spending Government debt Government spending Government debt
2025 18.6% 30.4% 93.9% 14.3%
2024 18.1% 31.4% 98% 14.4%
2023 17.1% 32.2% 78.6% 12.4%
2022 12.6% 32.1% 59.9% 7.9%
2021 13% 41.7% 45.7% 6.53%
2020 14.1% 41.6% 61.7% 10.1%
2019 10.6% 38.4% 68.8% 9.51%
2018 9.73% 33.8% 85.5% 9.31%
2017 11.3% 39.1% 87.3% 6.71%
2016 11.2% 40.2% 112.2% 4.71%
2015 13.8% 31.3% 98.1% 2.95%
2014 16.9% 29.4% 111% 1.52%
2013 16.6% 22.3% 96.1% 0.46%
2012 16.6% 20% 129.3% 0.002%
2011 16.3% 22.3% 133.3% 0%
2010 18.5% 22.9% 121.3% 0%
2009 19.8% 23.9% 121.8% 0%
2008 14.6% 15.7% 122.4% 0%
2007 13.6% 17.6% 75.8% 0%
2006 10.7% 20.1% 59.8% 0%
2005 8.87% 22% 58.3% 0%
2004 9.84% 25.2% 74.2% 0%
2003 14.9% 34.4% 80.1% 0%
2002 13.8% 42% 93.5% 0%
2001 12% 43.5% 95.7% 0%
2000 14% 52.4% - -
1999 12.9% 44.7% - -
1998 10.1% 34.7% - -
1997 12% 41.3% - -
1996 12% 40.5% - -
1995 12.3% 41.1% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1995–1998, retrieved 2026-07-08).

GeoRank.org/economy/chad/east-timor | CC BY

In 2025, Chad's government spending was $3.99B, accounting for 18.6% of its GDP, while East Timor spent $1.79B, or 93.9% of GDP.

Debt-to-GDP ratio is 30.4% in Chad and 14.3% in East Timor, ranking 152/185 and 178/185, respectively.

Government deficit by year

Deficit/surplus
Chad

East Timor
1x
Year Deficit/surplus, % of GDP
Chad East Timor
2025 -1.26% -48%
2024 -2.03% -47%
2023 -1.26% -34.7%
2022 3.79% -29.5%
2021 -1.29% -20.1%
2020 1.24% -18.9%
2019 -0.11% -25.4%
2018 1.39% -26.9%
2017 -0.18% -33.8%
2016 -1.51% -55.7%
2015 -3.29% -33.2%
2014 -3.22% -37.5%
2013 -1.5% -14.4%
2012 0.33% -38.7%
2011 1.75% -25.4%
2010 -3.16% -19.8%
2009 -8.44% -17.2%
2008 2.82% -18.6%
2007 2.02% -29.9%
2006 1.7% 41%
2005 -0.05% -10.5%
2004 -1.84% -7.48%
2003 -4.32% -8.24%
2002 -4.08% -7.64%
2001 -3.53% 3.24%
2000 -4.68% -
1999 -4.07% -
1998 -1.73% -
1997 -2.58% -
1996 -2.86% -
1995 -3.12% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

GeoRank.org/economy/chad/east-timor | CC BY

In 2025, Chad's government deficit, the difference between spending and revenue, was $271M, equivalent to 1.26% of GDP. This compares to East Timor's deficit of $914M, or 48% of GDP.

Over the past 25 years, Chad recorded a fiscal deficit in 17 of those years, while East Timor ran a deficit in 23 years. On average, Chad posted an annual deficit equal to 1.04% of GDP, compared to deficit of 22.6% of GDP for East Timor.

Inflation comparison by year

Inflation
Chad

East Timor
1x
Year Consumer prices inflation
Chad East Timor
2025 -2.6% 0.5%
2024 5.7% 2.1%
2023 4.1% 8.4%
2022 5.8% 7%
2021 -0.8% 3.8%
2020 -2.7% 0.5%
2019 -1% 0.9%
2018 4% 2.3%
2017 -0.9% 0.5%
2016 -1.6% -1.5%
2015 4.8% 0.6%
2014 -5.5% 0.8%
2013 0.2% 9.5%
2012 7.5% 10.9%
2011 2% 13.2%
2010 -2.1% 5.2%
2009 10.1% -0.2%
2008 8.3% 7.4%
2007 -7.4% 8.6%
2006 9.6% 5.2%
2005 4.4% 1.6%
2004 -4.8% 2.2%
2003 -1.8% 8%
2002 5.2% 4.1%
2001 12.4% 3.6%
2000 3.8% -
1999 -8.4% -
1998 4.3% -
1997 5.6% -

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/chad/east-timor | CC BY

Over the past 25 years, Chad has recorded an average annual inflation rate of 2.12%, compared with 4.21% in East Timor. In 2025, inflation was -2.6% in Chad and 0.5% in East Timor.

Balance of trade

Chad East Timor
Current account balance
-$37.7M
1994
-$701M
2025
Current account balance ranking
75/190
1994
109/190
2025
Current account balance, % of GDP
-3.2%
1994
-36.9%
2025
Goods imports
$212M
1994
$842M
2025
Goods exports
$135M
1994
$126M
2025
Service imports
$199M
1994
$475M
2025
Service exports
$54.8M
1994
$147M
2025
Imports of goods and services, % of GDP
16.7%
2025
84.9%
2024
Exports of goods and services, % of GDP
29.4%
2025
10.6%
2024

Economic freedom indices

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

Chad East Timor
Economic freedom 51.2 47.9
Economic freedom ranking 154/197 173/197
Property rights 17.2 43.5
Government integrity 15.2 43.9
Judicial effectiveness 15 34.5
Tax burden 77.9 97.1
Government spending 92.2 0
Fiscal health 97.9 19.6
Business freedom 27.4 62.7
Labor freedom 53.7 56.5
Monetary freedom 71.6 72.2
Trade freedom 46.4 79.8
Investment freedom 60 45
Financial freedom 40 20

Economic freedom comparison by year

Chad
East Timor
1x
Year Economic freedom index
Chad East Timor
2026 51.2 47.9
2025 52.2 47.9
2024 51.4 50.2
2023 52 47.2
2022 49.8 46.3
2021 50.4 44.7
2020 50.2 45.9
2019 49.9 44.2
2018 49.3 48.1
2017 49 46.3
2016 46.3 45.8
2015 45.9 45.5
2014 44.5 43.2
2013 45.2 43.7
2012 44.8 43.3
2011 45.3 42.8
2010 47.5 45.8
2009 47.5 50.5
2008 47.8 -
2007 50.1 -
2006 50 -
2005 52.1 -
2004 53.1 -
2003 52.6 -
2002 49.2 -
2001 46.4 -
2000 46.8 -
1999 47.2 -
1998 46.6 -
1997 45.1 -

Data sources: The Heritage Foundation | Economic Freedom Index (1997–2026, retrieved 2026-07-08).

GeoRank.org/economy/chad/east-timor | CC BY

The Economic Freedom Index for Chad is 51.2, ranking 154/197, compared to 47.9 for East Timor, ranking 173/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Chad East Timor
Services, % of GDP
33.9%
2025
71.6%
2024
Industry, % of GDP
26.7%
2025
11.8%
2024
Agriculture, forestry, and fishing, % of GDP
36.3%
2025
20.2%
2024
GNI, Atlas method
$20.4B
2025
$2.14B
2025
GNI per capita, PPP
$2,770
2025
$5,120
2025
Total reserves including gold
$1.55B
2024
$851M
2025
Total reserves ranking
133/177
2024
145/177
2025
Net foreign direct investment
-$26.5M
1994
-$253M
2025
Net inflows of foreign direct investment
$1.02B
2024
$225M
2024
Net outflows of foreign direct investment
$0
2024
$4.5M
2024
Servicing debt to the IMF, % of GNI
1.91%
2024
1.23%
2024
Poverty at national poverty lines
44.8%
2022
41.8%
2014
Gross capital formation, % of GDP
20.4%
2025
30.1%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/chad/east-timor | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1997–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1995–1998, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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.