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Economy of Chad vs Guinea compared: GDP & Debt

Updated on by Georank

Chad has a GDP of $21.5B compared to $28.3B for Guinea, ranking 131/197 and 117/197 by economy size, respectively.

Chad has $6.53B in government debt (30.4% of GDP), compared to $13.6B (48.1% of GDP) in Guinea.

Chad vs Guinea GDP by year

Chad
Guinea
1x
Year GDP, current $
Chad Guinea
2025 $21,472,835,225 $28,346,024,753
2024 $19,906,706,690 $25,008,678,293
2023 $18,352,937,976 $22,407,615,556
2022 $17,828,508,290 $19,910,452,542
2021 $16,871,937,698 $17,069,115,738
2020 $14,932,897,821 $14,088,693,743
2019 $14,905,517,743 $13,442,861,496
2018 $15,327,000,249 $11,857,030,367
2017 $13,349,041,409 $10,324,668,271
2016 $13,026,289,836 $8,595,955,222
2015 $14,559,599,500 $8,794,201,743
2014 $18,144,336,904 $8,778,473,373
2013 $17,865,316,886 $8,376,613,539
2012 $17,892,228,570 $7,638,044,557
2011 $16,685,349,674 $6,785,137,203
2010 $14,058,506,664 $6,853,467,146
2009 $12,317,614,054 $6,716,905,340
2008 $13,385,593,990 $6,964,179,983
2007 $10,865,385,132 $6,281,918,226
2006 $9,709,626,596 $4,220,019,845
2005 $8,655,892,393 $4,282,468,637
2004 $4,422,855,661 $5,300,767,961
2003 $2,742,815,072 $5,025,167,975
2002 $1,997,005,709 $4,301,608,753
2001 $1,710,843,377 $4,125,527,603
2000 $1,388,506,772 $4,367,458,867
1999 $1,534,673,583 $5,046,806,783
1998 $1,744,794,531 $5,232,118,046
1997 $1,544,689,577 $5,516,916,163
1996 $1,607,345,356 $5,641,243,100
1995 $1,445,919,895 $5,385,704,166
1994 $1,179,837,963 $4,932,800,407
1993 $1,463,251,164 $4,781,166,117
1992 $1,881,847,670 $4,789,220,417
1991 $1,877,137,982 $4,396,178,694
1990 $1,738,605,558 $3,888,320,666
1989 $1,433,686,312 $3,546,079,263
1988 $1,482,597,298 $3,476,480,303
1987 $1,163,426,852 $2,976,714,019
1986 $1,067,828,246 $2,909,130,355
1985 $1,033,069,709 $22,787,644,566
1984 $919,103,735 $18,421,497,251
1983 $832,415,806 $15,129,893,722
1982 $834,369,860 $11,926,032,493
1981 $876,937,558 $9,646,440,667
1980 $1,033,002,404 $9,746,524,915
1979 $1,004,316,496 $8,877,094,497
1978 $1,113,920,124 $8,087,305,999
1977 $935,360,465 $6,914,381,291
1976 $866,044,962 $6,762,781,871
1975 $864,602,105 $6,102,769,605
1974 $652,532,795 $5,691,417,541
1973 $647,199,483 $5,152,080,388
1972 $585,427,547 $4,203,069,035
1971 $501,866,730 $3,594,302,908
1970 $469,266,737 $3,220,224,608
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/guinea | CC BY

GDP per capita in Chad vs Guinea by year

Chad
GDP per capita

GDP per capita, PPP
Guinea
GDP per capita

GDP per capita, PPP
1x
Year Current $
Chad Guinea
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,022 - $1,877 -
2024 $981 $2,743 $1,695 $4,565
2023 $950 $2,700 $1,555 $4,334
2022 $966 $2,624 $1,417 $4,062
2021 $946 $2,435 $1,245 $3,739
2020 $867 $2,186 $1,054 $3,332
2019 $893 $2,352 $1,031 $3,106
2018 $949 $2,228 $933 $2,844
2017 $854 $2,097 $834 $2,687
2016 $862 $2,120 $712 $2,255
2015 $994 $2,378 $747 $1,930
2014 $1,279 $2,133 $765 $1,873
2013 $1,305 $2,110 $748 $1,842
2012 $1,354 $2,435 $699 $1,790
2011 $1,308 $2,388 $637 $1,705
2010 $1,142 $2,320 $659 $1,622
2009 $1,036 $2,087 $662 $1,567
2008 $1,166 $2,181 $704 $1,614
2007 $980 $2,149 $650 $1,558
2006 $907 $2,079 $447 $1,453
2005 $838 $2,102 $463 $1,422
2004 $446 $1,808 $585 $1,366
2003 $289.1 $1,378 $566 $1,328
2002 $219.1 $1,226 $496 $1,315
2001 $194.3 $1,152 $483 $1,251
2000 $163.1 $1,044 $518 $1,196
1999 $186.6 $1,066 $611 $1,163
1998 $219.8 $1,096 $647 $1,130
1997 $201.4 $1,049 $696 $1,099
1996 $216.9 $1,010 $726 $1,048
1995 $204 $1,014 $713 $1,014
1994 $173.9 $1,026 $672 $976
1993 $220.7 $933 $671 $947
1992 $290.6 $1,107 $693 $908
1991 $302 $1,046 $656 $887
1990 $290.6 $967 $604 $871
1989 $246.4 - $570 -
1988 $263.5 - $574 -
1987 $213.9 - $505 -
1986 $203.4 - $506 -
1985 $202.7 - $4,062 -
1984 $182.2 - $3,362 -
1983 $167.2 - $2,823 -
1982 $176.1 - $2,273 -
1981 $194 - $1,876 -
1980 $228.8 - $1,931 -
1979 $222.9 - $1,790 -
1978 $252.5 - $1,658 -
1977 $215.9 - $1,440 -
1976 $203.7 - $1,431 -
1975 $207.5 - $1,311 -
1974 $160 - $1,243 -
1973 $162.4 - $1,143 -
1972 $150.4 - $948 -
1971 $131.8 - $825 -
1970 $125.9 - $753 -
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/guinea | CC BY

Chad's GDP per capita is $1,022, ranking 181/197, compared to $1,877 in Guinea, ranking 161/197. Adjusted for purchasing power (GDP per capita PPP), Chad ranks 182nd at $2,743, while Guinea ranks 161st at $4,565.

Economic indicators

Chad Guinea
Gross domestic product
$21.5B
2025
$28.3B
2025
GDP rank
131/197
2025
117/197
2025
GDP growth
5.59%
2024-2025
7.45%
2024-2025
GDP per capita
$1,022
2025
$1,877
2025
GDP per capita rank
181/197
2025
161/197
2025
GDP per capita, PPP
$2,743
2024
$4,565
2024
GDP per capita PPP rank
182/197
2024
161/197
2024
Government debt
$6.53B
2025
$13.6B
2025
Debt-to-GDP ratio
30.4%
2025
48.1%
2025
Government debt per person
$311
2025
$902
2025
Government debt per person rank
178/185
2025
146/185
2025
Average annual personal income after taxes
$1,529
2026
$1,966
2026
Income share by richest 10%
29.5%
2022
23.1%
2018
Income share by poorest 10%
2.8%
2022
3.5%
2018
Government expenditure, % of GDP
18.6%
2025
25.2%
2025
Consumer prices inflation
-2.6%
2024-2025
3.1%
2024-2025
Unemployment rate
3.11%
2022
5.02%
2019
Population
21855137
15624314

Spending and national debt comparison by year

Chad
Spending

Debt
Guinea
Spending

Debt
1x
Year % of GDP
Chad Guinea
Government spending Government debt Government spending Government debt
2025 18.6% 30.4% 25.2% 48.1%
2024 18.1% 31.4% 20.6% 48.3%
2023 17.1% 32.2% 18.3% 39.8%
2022 12.6% 32.1% 15.7% 37.2%
2021 13% 41.7% 15.1% 40.6%
2020 14.1% 41.6% 17.1% 45.3%
2019 10.6% 38.4% 14.9% 37.3%
2018 9.73% 33.8% 15.9% 37.5%
2017 11.3% 39.1% 17.3% 39.9%
2016 11.2% 40.2% 16.1% 40.6%
2015 13.8% 31.3% 21.7% 41.5%
2014 16.9% 29.4% 20.1% 32.1%
2013 16.6% 22.3% 18.6% 30.5%
2012 16.6% 20% 19.6% 26.9%
2011 16.3% 22.3% 16% 53.8%
2010 18.5% 22.9% 20.5% 71.1%
2009 19.8% 23.9% 16.2% 61.3%
2008 14.6% 15.7% 10.1% 58.5%
2007 13.6% 17.6% 8.66% 60.8%
2006 10.7% 20.1% 13.2% 95.2%
2005 8.87% 22% 11% 97.9%
2004 9.84% 25.2% 13% 86.9%
2003 14.9% 34.4% 14.7% 81.6%
2002 13.8% 42% 14.4% 82.6%
2001 12% 43.5% 14.9% 90.4%
2000 14% 52.4% 12.6% 91.5%
1999 12.9% 44.7% 11.6% 92.3%
1998 10.1% 34.7% 10.3% 75.9%
1997 12% 41.3% 12.6% 67.9%
1996 12% 40.5% 12% 67.7%
1995 12.3% 41.1% 12.7% 66.5%
1994 - - 12.6% 71.3%
1993 - - 13.3% 68.9%
1992 - - 13.8% 62%
1991 - - 16.3% 70.9%
1990 - - 18.7% 71.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1995–1998, retrieved 2026-07-08).

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

In 2025, Chad's government spending was $3.99B, accounting for 18.6% of its GDP, while Guinea spent $7.13B, or 25.2% of GDP.

Debt-to-GDP ratio is 30.4% in Chad and 48.1% in Guinea, ranking 152/185 and 111/185, respectively.

Government deficit by year

Deficit/surplus
Chad

Guinea
1x
Year Deficit/surplus, % of GDP
Chad Guinea
2025 -1.26% -7%
2024 -2.03% -4.99%
2023 -1.26% -3.86%
2022 3.79% -1.88%
2021 -1.29% -1.7%
2020 1.24% -3.08%
2019 -0.11% -0.17%
2018 1.39% -0.97%
2017 -0.18% -1.98%
2016 -1.51% -0.08%
2015 -3.29% -6.53%
2014 -3.22% -3.01%
2013 -1.5% -3.86%
2012 0.33% 23.7%
2011 1.75% -0.92%
2010 -3.16% -9.66%
2009 -8.44% -4.87%
2008 2.82% 0.38%
2007 2.02% 1.28%
2006 1.7% -2.13%
2005 -0.05% -1.06%
2004 -1.84% -3.85%
2003 -4.32% -4.65%
2002 -4.08% -3.37%
2001 -3.53% -3.23%
2000 -4.68% -2.42%
1999 -4.07% -1.3%
1998 -1.73% 2.46%
1997 -2.58% 0.07%
1996 -2.86% -2.2%
1995 -3.12% -1.07%
1994 - -2.59%
1993 - -2.33%
1992 - -0.89%
1991 - -3.25%
1990 - -3.76%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/chad/guinea | 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 Guinea's deficit of $1.98B, or 7% of GDP.

Over the past 31 years, Chad recorded a fiscal deficit in 23 of those years, while Guinea ran a deficit in 26 years. On average, Chad posted an annual deficit equal to 1.45% of GDP, compared to deficit of 1.68% of GDP for Guinea.

Inflation comparison by year

Inflation
Chad

Guinea
1x
Year Consumer prices inflation
Chad Guinea
2025 -2.6% 3.1%
2024 5.7% 4.5%
2023 4.1% 5.4%
2022 5.8% 10.5%
2021 -0.8% 12.6%
2020 -2.7% 10.6%
2019 -1% 9.5%
2018 4% 9.8%
2017 -0.9% 8.9%
2016 -1.6% 8.2%
2015 4.8% 8.2%
2014 -5.5% 9.7%
2013 0.2% 11.9%
2012 7.5% 15.2%
2011 2% 21.4%
2010 -2.1% 15.5%
2009 10.1% 4.7%
2008 8.3% 18.4%
2007 -7.4% 22.9%
2006 9.6% 34.7%
2005 4.4% 31.4%
2004 -4.8% 17.5%
2003 -1.8% 11%
2002 5.2% 3%
2001 12.4% 5.4%
2000 3.8% 6.8%
1999 -8.4% 4.6%
1998 4.3% 5.1%
1997 5.6% 1.9%

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

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

Over the past 29 years, Chad has recorded an average annual inflation rate of 2.01%, compared with 11.5% in Guinea. In 2025, inflation was -2.6% in Chad and 3.1% in Guinea.

Top exports between countries

Chad
Export category Export value
Machinery & equipment $23K
Guinea
Export category Export value
Machinery & equipment $670K
Miscellaneous $6K

Balance of trade

Chad Guinea
Current account balance
-$37.7M
1994
-$392M
2024
Current account balance ranking
75/190
1994
101/190
2024
Current account balance, % of GDP
-3.2%
1994
-1.57%
2024
Goods imports
$212M
1994
$7.08B
2024
Goods exports
$135M
1994
$11.6B
2024
Service imports
$199M
1994
$3.15B
2024
Service exports
$54.8M
1994
$71.2M
2024
Imports of goods and services, % of GDP
16.7%
2025
62.3%
2025
Exports of goods and services, % of GDP
29.4%
2025
41.4%
2025

Economic freedom indices

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

Chad Guinea
Economic freedom 51.2 53.1
Economic freedom ranking 154/197 141/197
Property rights 17.2 21.3
Government integrity 15.2 26.7
Judicial effectiveness 15 26
Tax burden 77.9 70.1
Government spending 92.2 90.1
Fiscal health 97.9 74.8
Business freedom 27.4 44.8
Labor freedom 53.7 56.4
Monetary freedom 71.6 75.3
Trade freedom 46.4 61.8
Investment freedom 60 50
Financial freedom 40 40

Economic freedom comparison by year

Chad
Guinea
1x
Year Economic freedom index
Chad Guinea
2026 51.2 53.1
2025 52.2 54.6
2024 51.4 53.3
2023 52 53.2
2022 49.8 54.2
2021 50.4 56.5
2020 50.2 56.5
2019 49.9 55.7
2018 49.3 52.2
2017 49 47.6
2016 46.3 53.3
2015 45.9 52.1
2014 44.5 53.5
2013 45.2 51.2
2012 44.8 50.8
2011 45.3 51.7
2010 47.5 51.8
2009 47.5 51
2008 47.8 52.8
2007 50.1 54.5
2006 50 52.8
2005 52.1 57.4
2004 53.1 56.1
2003 52.6 54.6
2002 49.2 52.9
2001 46.4 58.4
2000 46.8 58.2
1999 47.2 59.4
1998 46.6 61
1997 45.1 52.9
1996 - 58.5
1995 - 59.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Chad is 51.2, ranking 154/197, compared to 53.1 for Guinea, ranking 141/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Chad Guinea
Services, % of GDP
33.9%
2025
35.7%
2025
Industry, % of GDP
26.7%
2025
25.4%
2025
Agriculture, forestry, and fishing, % of GDP
36.3%
2025
31.3%
2025
GNI, Atlas method
$20.4B
2025
$26.2B
2025
GNI per capita, PPP
$2,770
2025
$4,730
2025
Total reserves including gold
$1.55B
2024
$1.35B
2024
Total reserves ranking
133/177
2024
137/177
2024
Net foreign direct investment
-$26.5M
1994
-$1.4B
2024
Net inflows of foreign direct investment
$1.02B
2024
$1.4B
2024
Net outflows of foreign direct investment
$0
2024
$30K
2024
Servicing debt to the IMF, % of GNI
1.91%
2024
1.94%
2024
Poverty at national poverty lines
44.8%
2022
47%
2020
Gross capital formation, % of GDP
20.4%
2025
37%
2025

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/guinea | 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 (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, 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. TradeMap (2016, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, 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.