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Economy of Chad vs Haiti compared: GDP & Debt

Updated on by Georank team

Chad has a GDP of $19.5B compared to $25.2B for Haiti, ranking 132/197 and 117/197 by economy size, respectively.

Chad has $6.37B in government debt (32.7% of GDP), compared to $3.91B (15.5% of GDP) in Haiti.

Chad vs Haiti GDP by year

Chad
Haiti
1x
Year GDP, current $
Chad Haiti
2024 $19,518,819,751 $25,224,154,991
2023 $18,340,233,749 $19,850,585,722
2022 $17,828,508,290 $20,253,551,921
2021 $16,871,937,698 $20,944,387,976
2020 $14,932,897,821 $14,508,222,518
2019 $14,905,517,743 $15,016,090,930
2018 $15,327,000,249 $16,403,864,618
2017 $13,349,041,409 $15,093,357,161
2016 $13,026,289,836 $14,069,277,526
2015 $14,559,599,500 $14,849,629,309
2014 $18,144,336,904 $15,146,883,498
2013 $17,865,316,886 $14,902,488,604
2012 $17,892,228,570 $13,708,925,477
2011 $16,685,349,674 $13,008,746,039
2010 $14,058,506,664 $11,859,312,725
2009 $12,317,614,054 $11,597,002,835
2008 $13,385,593,990 $10,432,962,635
2007 $10,865,385,132 $9,228,637,768
2006 $9,709,626,596 $7,638,739,123
2005 $8,655,892,393 $7,030,149,730
2004 $4,422,855,661 $6,087,360,684
2003 $2,742,815,072 $5,071,947,798
2002 $1,997,005,709 $6,205,847,214
2001 $1,710,843,377 $6,331,970,324
2000 $1,388,506,772 $6,813,566,099
1999 $1,534,673,583 $4,153,725,884
1998 $1,744,794,531 $3,723,903,724
1997 $1,544,689,577 $3,338,949,152
1996 $1,607,345,356 $2,907,517,604
1995 $1,445,919,895 $2,813,313,279
1994 $1,179,837,963 $2,167,569,046
1993 $1,463,251,164 $1,878,253,767
1992 $1,881,847,670 $2,257,129,792
1991 $1,877,137,982 $3,473,562,628
1990 $1,738,605,558 $3,096,289,800
1989 $1,433,686,312 $2,736,243,800
1988 $1,482,597,298 $2,613,926,800
1987 $1,163,426,852 $2,047,200,000
1986 $1,067,828,246 $2,318,000,000
1985 $1,033,069,709 $2,009,400,000
1984 $919,103,735 $1,816,200,000
1983 $832,415,806 $1,623,600,000
1982 $834,369,860 $1,474,200,000
1981 $876,937,558 $1,479,400,000
1980 $1,033,002,404 $1,383,800,000
1979 $1,004,316,496 $1,080,600,000
1978 $1,113,920,124 $974,200,000
1977 $935,360,465 $947,000,000
1976 $866,044,962 $879,000,000
1975 $864,602,105 $681,400,000
1974 $652,532,795 $565,399,322
1973 $647,199,483 $466,798,973
1972 $585,427,547 $371,998,958
1971 $501,866,730 $362,800,000
1970 $469,266,737 $331,200,000
1969 $471,635,622 $391,820,400
1968 $453,980,096 $367,968,800
1967 $449,826,323 $369,124,200
1966 $432,794,922 $368,948,600
1965 $416,926,303 $353,251,800
1964 $392,247,518 $325,281,200
1963 $371,767,002 $294,883,400
1962 $357,635,713 $281,896,800
1961 $333,975,336 $271,066,000
1960 $313,582,728 $273,187,200

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

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

GDP per capita in Chad vs Haiti by year

Chad
GDP per capita

GDP per capita, PPP
Haiti
GDP per capita

GDP per capita, PPP
1x
Year Current $
Chad Haiti
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $962 $2,743 $2,143 $3,194
2023 $949 $2,700 $1,706 $3,292
2022 $966 $2,624 $1,761 $3,275
2021 $946 $2,435 $1,841 $3,145
2020 $867 $2,186 $1,290 $3,103
2019 $893 $2,352 $1,352 $3,237
2018 $949 $2,228 $1,496 $3,197
2017 $854 $2,097 $1,395 $3,339
2016 $862 $2,120 $1,318 $3,253
2015 $994 $2,378 $1,411 $3,026
2014 $1,279 $2,133 $1,460 $3,076
2013 $1,305 $2,110 $1,458 $3,042
2012 $1,354 $2,435 $1,361 $2,830
2011 $1,308 $2,388 $1,312 $2,858
2010 $1,142 $2,320 $1,210 $2,695
2009 $1,036 $2,087 $1,197 $2,855
2008 $1,166 $2,181 $1,095 $2,724
2007 $980 $2,149 $985 $2,647
2006 $907 $2,079 $829 $2,504
2005 $838 $2,102 $776 $2,427
2004 $446 $1,808 $683 $2,322
2003 $289.1 $1,378 $579 $2,331
2002 $219.1 $1,226 $721 $2,248
2001 $194.3 $1,152 $749 $2,230
2000 $163.1 $1,044 $821 $2,229
1999 $186.6 $1,066 $510 $2,201
1998 $219.8 $1,096 $465 $2,152
1997 $201.4 $1,049 $425 $2,122
1996 $216.9 $1,010 $377 $2,070
1995 $204 $1,014 $372 $1,989
1994 $173.9 $1,026 $292.1 $1,807
1993 $220.7 $933 $258.1 $2,048
1992 $290.6 $1,107 $316 $2,158
1991 $302 $1,046 $497 $2,273
1990 $290.6 $967 $452 $2,202
1989 $246.4 - $407 -
1988 $263.5 - $397 -
1987 $213.9 - $318 -
1986 $203.4 - $367 -
1985 $202.7 - $325 -
1984 $182.2 - $299.2 -
1983 $167.2 - $272.8 -
1982 $176.1 - $252.6 -
1981 $194 - $258.5 -
1980 $228.8 - $246.5 -
1979 $222.9 - $196.2 -
1978 $252.5 - $180.3 -
1977 $215.9 - $178.7 -
1976 $203.7 - $169.1 -
1975 $207.5 - $133.6 -
1974 $160 - $113 -
1973 $162.4 - $95.1 -
1972 $150.4 - $77.3 -
1971 $131.8 - $76.8 -
1970 $125.9 - $71.5 -
1969 $129.2 - $86.1 -
1968 $126.9 - $82.4 -
1967 $128.2 - $84.2 -
1966 $125.8 - $85.7 -
1965 $123.6 - $83.6 -
1964 $118.6 - $78.5 -
1963 $114.7 - $72.4 -
1962 $112.6 - $70.4 -
1961 $107.3 - $69 -
1960 $102.8 - $70.8 -

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

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

Chad's GDP per capita is $962, ranking 182/197, compared to $2,143 in Haiti, ranking 153/197. Adjusted for purchasing power (GDP per capita PPP), Chad ranks 182nd at $2,743, while Haiti ranks 177th at $3,194.

Economic indicators

Chad Haiti
Gross domestic product
$19.5B
2024
$25.2B
2024
GDP rank
132/197
2024
117/197
2024
GDP growth
4.2%
2023-2024
-4.17%
2023-2024
GDP per capita
$962
2024
$2,143
2024
GDP per capita rank
182/197
2024
153/197
2024
GDP per capita, PPP
$2,743
2024
$3,194
2024
GDP per capita PPP rank
182/197
2024
177/197
2024
Government debt
$6.37B
2024
$3.91B
2024
Debt-to-GDP ratio
32.7%
2024
15.5%
2024
Government debt per person
$314
2024
$332
2024
Government debt per person rank
177/185
2024
176/185
2024
Average annual personal income after taxes
$1,276
2026
$1,896
2026
Income share by richest 10%
29.5%
2022
31.2%
2012
Income share by poorest 10%
2.8%
2022
2.1%
2012
Government expenditure, % of GDP
18.8%
2024
5.25%
2024
Consumer prices inflation
5.1%
2023-2024
26.9%
2023-2024
Unemployment rate
1.14%
2018
14.1%
2012
Population
21893857
12076663

Spending and national debt comparison by year

Chad
Spending

Debt
Haiti
Spending

Debt
1x
Year % of GDP
Chad Haiti
Government spending Government debt Government spending Government debt
2024 18.8% 32.7% 5.25% 15.5%
2023 17.1% 32.2% 6.46% 28.5%
2022 12.6% 32.1% 8.33% 29.5%
2021 13% 41.6% 9.42% 28.9%
2020 14.1% 41.7% 9.86% 22.3%
2019 10.6% 38.4% 9.59% 26.5%
2018 9.73% 33.8% 11.3% 24.1%
2017 11.3% 39.2% 10.2% 22.5%
2016 11.2% 40.1% 10.5% 24.4%
2015 13.8% 31.3% 12.7% 23.9%
2014 16.9% 29.4% 14.6% 21.4%
2013 16.6% 22.3% 15.9% 25.1%
2012 16.6% 20% 16.4% 24.1%
2011 16.3% 22.3% 14.1% 22.3%
2010 18.5% 22.9% 12.6% 24.9%
2009 19.8% 23.9% 11.6% 19.4%
2008 14.6% 15.7% 11.2% 33.9%
2007 13.6% 17.6% 11.1% 24.4%
2006 10.7% 20.1% 9.67% 32.2%
2005 8.87% 22% 8.75% 29.7%
2004 9.84% 25.2% 7.38% 30.4%
2003 14.9% 34.4% 7.83% 37.8%
2002 13.8% 42% 6.64% 32%
2001 12% 43.5% 6.11% 28.8%
2000 14% 52.4% 6.25% 32.5%
1999 12.9% 44.7% 6.91% 24.1%
1998 10.1% 34.7% 5.4% 24%
1997 12% 41.3% 5.46% 26.2%
1996 12% 40.5% - 26.2%
1995 12.3% 41.1% - 26.2%
1994 - - - 35.3%
1993 - - - 98%
1992 - - - 118.9%
1991 - - - 80.7%
1990 - - - 85.1%
1989 - - - 98.7%
1988 - - - 90.9%
1987 - - 32.4% 58.6%
1986 - - 15.1% 26.5%
1985 - - 17.4% 25.6%
1984 - - 16.9% 27.3%
1983 - - 21.9% 28.9%
1982 - - 20.7% 25.5%
1981 - - 17.4% 23.7%
1980 - - 17.2% 20.3%
1979 - - 13.1% 19.8%
1978 - - 18.9% 20.1%
1977 - - 16.7% 18.5%
1976 - - 13.4% 14.9%
1975 - - 12.8% 14.2%
1974 - - 9.24% 13.3%
1973 - - 9.4% 8.92%
1972 - - 11.2% 11.1%
1971 - - 11.2% 11%
1970 - - 11.4% 12.5%
1969 - - 10.1% -
1968 - - 10.3% -
1967 - - 7.52% -
1966 - - 7.2% -
1965 - - 7.91% -
1964 - - - -
1963 - - 8.95% -
1962 - - - -
1961 - - - -
1960 - - 7.34% 21.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1998, retrieved 2026-02-20).

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

In 2024, Chad's government spending was $3.67B, accounting for 18.8% of its GDP, while Haiti spent $1.32B, or 5.25% of GDP.

Debt-to-GDP ratio is 32.7% in Chad and 15.5% in Haiti, ranking 151/185 and 177/185, respectively.

Government deficit by year

Deficit/surplus
Chad

Haiti
1x
Year Deficit/surplus, % of GDP
Chad Haiti
2024 -2.11% 6.96%
2023 -1.26% 0.77%
2022 3.79% -1.75%
2021 -1.29% -2.45%
2020 1.24% -1.96%
2019 -0.11% -1.99%
2018 1.39% -1.13%
2017 -0.18% -0.32%
2016 -1.51% 0.12%
2015 -3.29% -1.47%
2014 -3.22% -3.64%
2013 -1.5% -3.98%
2012 0.33% -2.71%
2011 1.75% -1.43%
2010 -3.16% -1.5%
2009 -8.44% -2%
2008 2.82% -1.8%
2007 2.02% -1.55%
2006 1.7% -0.91%
2005 -0.05% -0.83%
2004 -1.84% -1.34%
2003 -4.32% -2.24%
2002 -4.08% -1.8%
2001 -3.53% -1.55%
2000 -4.68% -1.36%
1999 -4.07% -1.54%
1998 -1.73% 0.21%
1997 -2.58% 0.37%
1996 -2.86% -
1995 -3.12% -
1994 - -
1993 - -
1992 - -
1991 - -
1990 - -
1989 - -
1988 - -
1987 - -4.94%
1986 - -1.4%
1985 - -0.97%
1984 - -3.52%
1983 - -5.72%
1982 - -3.93%
1981 - -4.38%
1980 - -5.68%
1979 - -2.21%
1978 - -3.24%
1977 - -2.85%
1976 - -1.16%
1975 - -1.73%
1974 - 0.23%
1973 - 0.03%
1972 - 0.24%
1971 - -0.08%
1970 - -0.19%
1969 - -0.39%
1968 - -0.46%
1967 - 0%
1966 - 0%
1965 - 0%
1964 - -
1963 - 0%
1962 - -
1961 - -
1960 - 0.006%
1959 - -1.11%
1958 - -2.21%
1957 - 0.28%
1956 - -2.18%
1955 - -0.86%
1954 - -0.81%
1953 - -1.01%
1952 - -
1951 - -
1950 - -
1949 - -0.12%
1948 - 0.21%
1947 - 1.06%
1946 - 0.51%
1945 - 0.47%
1944 - -
1943 - -
1942 - -
1941 - -0.21%
1940 - 0.13%
1939 - -0.16%
1938 - 0.15%
1937 - -0.08%
1936 - -0.06%
1935 - -0.2%
1934 - -1.23%
1933 - 0%
1932 - 0.4%
1931 - -0.49%
1930 - -0.52%
1929 - -0.32%
1928 - -0.25%
1927 - 0.73%
1926 - -0.45%
1925 - 0.05%
1924 - -0.14%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1924–1987, retrieved 2026-02-20).

GeoRank.org/economy/chad/haiti | 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 Haiti's surplus of $1.76B, or 6.96% of GDP.

Over the past 30 years, Chad recorded a fiscal deficit in 22 of those years, while Haiti ran a deficit in 23 years. On average, Chad posted an annual deficit equal to 1.46% of GDP, compared to deficit of 1.17% of GDP for Haiti.

Inflation comparison by year

Inflation
Chad

Haiti
1x
Year Consumer prices inflation
Chad Haiti
2024 5.1% 26.9%
2023 2.3% 36.8%
2022 5.8% 34%
2021 -0.8% 16.8%
2020 4.5% 22.8%
2019 -1% 18.7%
2018 4% 12.5%
2017 -0.9% 10.7%
2016 -1.6% 11.5%
2015 4.8% 6.73%
2014 -5.5% 3.44%
2013 0.2% 4.77%
2012 7.5% 5.02%
2011 2% 6.33%
2010 -2.1% 4.83%
2009 10.1% 0.39%
2008 8.3% 15.3%
2007 -7.4% 6.56%
2006 9.6% 11.3%
2005 4.4% 14%
2004 -4.8% 21%
2003 -1.8% 28.7%
2002 5.2% 7.03%
2001 12.4% 13.3%
2000 3.8% 9.33%
1999 -8.4% 3%
1998 4.3% 5.27%
1997 5.6% 20.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Chad has recorded an average annual inflation rate of 2.34%, compared with 13.5% in Haiti. In 2024, inflation was 5.1% in Chad and 26.9% in Haiti.

Balance of trade

Chad Haiti
Current account balance
-$37.7M
1994
-$145M
2024
Current account balance ranking
82/190
1994
92/190
2024
Current account balance, % of GDP
-3.2%
1994
-0.58%
2024
Goods imports
$212M
1994
$4.27B
2024
Goods exports
$135M
1994
$767M
2024
Service imports
$199M
1994
$518M
2024
Service exports
$54.8M
1994
$96.6M
2024
Imports of goods and services, % of GDP
18.1%
2024
18.8%
2024
Exports of goods and services, % of GDP
29.8%
2024
3.4%
2024

Economic freedom indices

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

Chad Haiti
Economic freedom 51.2 46.1
Economic freedom ranking 154/197 178/197
Property rights 17.2 6.6
Government integrity 15.2 13
Judicial effectiveness 15 17.3
Tax burden 77.9 81.7
Government spending 92.2 98.7
Fiscal health 97.9 99.5
Business freedom 27.4 30.7
Labor freedom 53.7 54.7
Monetary freedom 71.6 45.1
Trade freedom 46.4 66.4
Investment freedom 60 20
Financial freedom 40 20

Economic freedom comparison by year

Chad
Haiti
1x
Year Economic freedom index
Chad Haiti
2026 51.2 46.1
2025 52.2 46.1
2024 51.4 48.2
2023 52 49.9
2022 49.8 50
2021 50.4 50.8
2020 50.2 52.3
2019 49.9 52.7
2018 49.3 55.8
2017 49 49.6
2016 46.3 51.3
2015 45.9 51.3
2014 44.5 48.9
2013 45.2 48.1
2012 44.8 50.7
2011 45.3 52.1
2010 47.5 50.8
2009 47.5 50.5
2008 47.8 49
2007 50.1 51.4
2006 50 49.2
2005 52.1 48.4
2004 53.1 51.2
2003 52.6 50.6
2002 49.2 47.9
2001 46.4 47.1
2000 46.8 45.7
1999 47.2 45.9
1998 46.6 45.7
1997 45.1 45.8
1996 - 41
1995 - 43

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

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

The Economic Freedom Index for Chad is 51.2, ranking 154/197, compared to 46.1 for Haiti, ranking 178/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Chad Haiti
Services, % of GDP
29.8%
2024
48.3%
2024
Industry, % of GDP
28.7%
2024
33.4%
2024
Agriculture, forestry, and fishing, % of GDP
37.7%
2024
15.9%
2024
GNI, Atlas method
$19.1B
2024
$20.7B
2024
GNI per capita, PPP
$2,710
2024
$3,190
2024
Total reserves including gold
$1.05B
2023
$2.72B
2024
Total reserves ranking
140/177
2023
121/177
2024
Net foreign direct investment
-$26.5M
1994
-$20M
2024
Net inflows of foreign direct investment
$1.02B
2024
$20M
2024
Net outflows of foreign direct investment
$0
2024
$0
2024
Servicing debt to the IMF, % of GNI
1.9%
2024
2.15%
2024
Poverty at national poverty lines
44.8%
2022
58.5%
2012
Gross capital formation, % of GDP
26.8%
2024
9.94%
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/haiti | 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 (1995–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1924–1998, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.