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Economy of Chad vs Ireland compared: GDP & Debt

Updated on by Georank team

Chad has a GDP of $19.5B compared to $609B for Ireland, ranking 132/197 and 25/197 by economy size, respectively.

Chad has $6.37B in government debt (32.7% of GDP), compared to $236B (38.8% of GDP) in Ireland.

Chad vs Ireland GDP by year

Chad
Ireland
1x
Year GDP, current $
Chad Ireland
2024 $19,518,819,751 $609,157,459,747
2023 $18,340,233,749 $567,372,737,459
2022 $17,828,508,290 $548,341,794,599
2021 $16,871,937,698 $530,394,123,830
2020 $14,932,897,821 $436,009,027,819
2019 $14,905,517,743 $407,211,793,801
2018 $15,327,000,249 $395,780,319,817
2017 $13,349,041,409 $348,355,212,569
2016 $13,026,289,836 $305,431,252,709
2015 $14,559,599,500 $302,101,388,556
2014 $18,144,336,904 $266,490,442,124
2013 $17,865,316,886 $242,924,245,719
2012 $17,892,228,570 $226,921,827,888
2011 $16,685,349,674 $240,975,871,047
2010 $14,058,506,664 $221,732,824,603
2009 $12,317,614,054 $236,443,115,854
2008 $13,385,593,990 $275,447,471,451
2007 $10,865,385,132 $270,079,279,420
2006 $9,709,626,596 $232,180,617,162
2005 $8,655,892,393 $211,876,989,656
2004 $4,422,855,661 $194,372,115,041
2003 $2,742,815,072 $164,670,771,260
2002 $1,997,005,709 $128,596,035,288
2001 $1,710,843,377 $109,346,669,230
2000 $1,388,506,772 $100,207,610,430
1999 $1,534,673,583 $98,893,958,263
1998 $1,744,794,531 $90,199,410,116
1997 $1,544,689,577 $82,856,648,758
1996 $1,607,345,356 $75,790,786,290
1995 $1,445,919,895 $69,139,823,232
1994 $1,179,837,963 $57,097,656,066
1993 $1,463,251,164 $52,417,477,614
1992 $1,881,847,670 $55,918,538,121
1991 $1,877,137,982 $49,787,501,584
1990 $1,738,605,558 $49,305,632,408
1989 $1,433,686,312 $39,238,392,678
1988 $1,482,597,298 $37,772,896,221
1987 $1,163,426,852 $33,920,518,493
1986 $1,067,828,246 $28,714,571,852
1985 $1,033,069,709 $21,270,013,326
1984 $919,103,735 $20,106,648,455
1983 $832,415,806 $20,766,047,764
1982 $834,369,860 $21,474,752,962
1981 $876,937,558 $20,670,190,138
1980 $1,033,002,404 $21,747,855,640
1979 $1,004,316,496 $18,319,334,300
1978 $1,113,920,124 $14,647,996,074
1977 $935,360,465 $11,248,340,431
1976 $866,044,962 $9,453,756,015
1975 $864,602,105 $9,483,808,362
1974 $652,532,795 $7,896,860,615
1973 $647,199,483 $7,481,173,066
1972 $585,427,547 $6,318,060,582
1971 $501,866,730 $5,098,250,287
1970 $469,266,737 $4,395,995,086
1969 $471,635,622 $3,902,721,632
1968 $453,980,096 $3,378,701,147
1967 $449,826,323 $3,445,739,915
1966 $432,794,922 $3,198,820,904
1965 $416,926,303 $3,035,655,794
1964 $392,247,518 $2,851,091,646
1963 $371,767,002 $2,505,073,358
1962 $357,635,713 $2,329,372,972
1961 $333,975,336 $2,151,772,980
1960 $313,582,728 $1,998,550,222

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

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

GDP per capita in Chad vs Ireland by year

Chad
GDP per capita

GDP per capita, PPP
Ireland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Chad Ireland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $962 $2,743 $112,895 $133,437
2023 $949 $2,700 $106,819 $129,683
2022 $966 $2,624 $105,191 $138,523
2021 $946 $2,435 $103,783 $116,904
2020 $867 $2,186 $86,514 $97,800
2019 $893 $2,352 $81,828 $92,023
2018 $949 $2,228 $80,804 $86,299
2017 $854 $2,097 $72,161 $80,450
2016 $862 $2,120 $64,130 $73,013
2015 $994 $2,378 $64,250 $71,588
2014 $1,279 $2,133 $57,215 $52,641
2013 $1,305 $2,110 $52,538 $48,839
2012 $1,354 $2,435 $49,336 $46,726
2011 $1,308 $2,388 $52,614 $45,526
2010 $1,142 $2,320 $48,624 $43,212
2009 $1,036 $2,087 $52,133 $41,491
2008 $1,166 $2,181 $61,353 $44,169
2007 $980 $2,149 $61,396 $46,782
2006 $907 $2,079 $54,329 $44,223
2005 $838 $2,102 $50,933 $40,466
2004 $446 $1,808 $47,754 $38,729
2003 $289.1 $1,378 $41,204 $36,280
2002 $219.1 $1,226 $32,705 $35,222
2001 $194.3 $1,152 $28,282 $32,573
2000 $163.1 $1,044 $26,335 $30,216
1999 $186.6 $1,066 $26,338 $27,041
1998 $219.8 $1,096 $24,295 $25,094
1997 $201.4 $1,049 $22,551 $22,637
1996 $216.9 $1,010 $20,836 $20,482
1995 $204 $1,014 $19,158 $18,944
1994 $173.9 $1,026 $15,903 $17,011
1993 $220.7 $933 $14,657 $15,811
1992 $290.6 $1,107 $15,714 $15,116
1991 $302 $1,046 $14,087 $14,399
1990 $290.6 $967 $14,031 $13,743
1989 $246.4 - $11,176 -
1988 $263.5 - $10,716 -
1987 $213.9 - $9,582 -
1986 $203.4 - $8,112 -
1985 $202.7 - $6,012 -
1984 $182.2 - $5,692 -
1983 $167.2 - $5,915 -
1982 $176.1 - $6,161 -
1981 $194 - $5,986 -
1980 $228.8 - $6,372 -
1979 $222.9 - $5,430 -
1978 $252.5 - $4,400 -
1977 $215.9 - $3,427 -
1976 $203.7 - $2,920 -
1975 $207.5 - $2,973 -
1974 $160 - $2,517 -
1973 $162.4 - $2,424 -
1972 $150.4 - $2,080 -
1971 $131.8 - $1,704 -
1970 $125.9 - $1,487 -
1969 $129.2 - $1,331 -
1968 $126.9 - $1,159 -
1967 $128.2 - $1,187 -
1966 $125.8 - $1,107 -
1965 $123.6 - $1,055 -
1964 $118.6 - $995 -
1963 $114.7 - $878 -
1962 $112.6 - $821 -
1961 $107.3 - $762 -
1960 $102.8 - $707 -

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

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

Chad's GDP per capita is $962, ranking 182/197, compared to $112,895 in Ireland, ranking 4/197. Adjusted for purchasing power (GDP per capita PPP), Chad ranks 182nd at $2,743, while Ireland ranks 4th at $133,437.

Economic indicators

Chad Ireland
Gross domestic product
$19.5B
2024
$609B
2024
GDP rank
132/197
2024
25/197
2024
GDP growth
4.2%
2023-2024
2.6%
2023-2024
GDP per capita
$962
2024
$112,895
2024
GDP per capita rank
182/197
2024
4/197
2024
GDP per capita, PPP
$2,743
2024
$133,437
2024
GDP per capita PPP rank
182/197
2024
4/197
2024
Government debt
$6.37B
2024
$236B
2024
Debt-to-GDP ratio
32.7%
2024
38.8%
2024
Government debt per person
$314
2024
$43,766
2024
Government debt per person rank
177/185
2024
11/185
2024
Average annual personal income after taxes
$1,276
2026
$47,851
2026
Market capitalization of domestic companies n/a
$110B
2018
Number of billionaires n/a
11
2025
Income share by richest 10%
29.5%
2022
24.1%
2023
Income share by poorest 10%
2.8%
2022
3.7%
2023
Government expenditure, % of GDP
18.8%
2024
22.3%
2024
Consumer prices inflation
5.1%
2023-2024
2.11%
2023-2024
Unemployment rate
1.14%
2018
4.27%
2024
Population
21893857
5518360

Spending and national debt comparison by year

Chad
Spending

Debt
Ireland
Spending

Debt
1x
Year % of GDP
Chad Ireland
Government spending Government debt Government spending Government debt
2024 18.8% 32.7% 22.3% 38.8%
2023 17.1% 32.2% 22.1% 42.1%
2022 12.6% 32.1% 20.6% 43.2%
2021 13% 41.6% 23.6% 52.7%
2020 14.1% 41.7% 26.7% 57.1%
2019 10.6% 38.4% 23.9% 55.9%
2018 9.73% 33.8% 24.7% 61.4%
2017 11.3% 39.2% 25.3% 65.3%
2016 11.2% 40.1% 27.5% 72.7%
2015 13.8% 31.3% 28.1% 74%
2014 16.9% 29.4% 36.6% 101.4%
2013 16.6% 22.3% 39.8% 117.7%
2012 16.6% 20% 42.3% 118.9%
2011 16.3% 22.3% 46.9% 109.6%
2010 18.5% 22.9% 64.9% 86.2%
2009 19.8% 23.9% 46.9% 61.8%
2008 14.6% 15.7% 41.6% 42.5%
2007 13.6% 17.6% 35.6% 23.9%
2006 10.7% 20.1% 33.6% 23.7%
2005 8.87% 22% 33% 26.1%
2004 9.84% 25.2% 32.8% 28.1%
2003 14.9% 34.4% 32.7% 29.8%
2002 13.8% 42% 32.9% 30.9%
2001 12% 43.5% 32.2% 33.6%
2000 14% 52.4% 30.6% 36.4%
1999 12.9% 44.7% 32.5% 46.6%
1998 10.1% 34.7% 34.2% 51.4%
1997 12% 41.3% 36.1% 61.6%
1996 12% 40.5% 38.5% 69.8%
1995 12.3% 41.1% 40.3% 78.5%
1994 - - 44.2% 88%
1993 - - 44.6% 93.4%
1992 - - 46.8% 90.6%
1991 - - 46.1% 93.8%
1990 - - 44.6% 92.7%
1989 - - 42.5% 97.9%
1988 - - 48.2% 106.5%
1987 - - 51.4% 108.3%
1986 - - 52.9% 107.2%
1985 - - 53.2% 93%
1984 - - 52.7% 90.2%
1983 - - 55.6% 86.1%
1982 - - 56.7% 73.5%
1981 - - 54.1% 68.8%
1980 - - 53.7% 64.6%
1979 - - 48.7% 63.5%
1978 - - 46.2% 50.6%
1977 - - 44.6% 49.2%
1976 - - 47.8% 51.7%
1975 - - 48.2% 48.3%
1974 - - 44.3% 43.5%
1973 - - 40.3% 35.1%
1972 - - 41.5% 37.3%
1971 - - 45.3% 39.8%
1970 - - 44.1% 41.7%
1969 - - 42.5% 42.6%
1968 - - 40% 44.7%
1967 - - 39.3% 47.1%
1966 - - 36.9% 47.7%
1965 - - 35.8% 44.6%
1964 - - 34.8% 43.1%
1963 - - 33.6% 45.2%
1962 - - 31.7% 44.5%
1961 - - 31.4% 44.3%
1960 - - 29.1% 44.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1998, retrieved 2026-02-20).

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

In 2024, Chad's government spending was $3.67B, accounting for 18.8% of its GDP, while Ireland spent $136B, or 22.3% of GDP.

Debt-to-GDP ratio is 32.7% in Chad and 38.8% in Ireland, ranking 151/185 and 138/185, respectively.

Government deficit by year

Deficit/surplus
Chad

Ireland
1x
Year Deficit/surplus, % of GDP
Chad Ireland
2024 -2.11% 4.09%
2023 -1.26% 1.52%
2022 3.79% 1.67%
2021 -1.29% -1.37%
2020 1.24% -4.87%
2019 -0.11% 0.41%
2018 1.39% 0.09%
2017 -0.18% -0.3%
2016 -1.51% -0.76%
2015 -3.29% -1.97%
2014 -3.22% -3.52%
2013 -1.5% -6.28%
2012 0.33% -8.42%
2011 1.75% -13.5%
2010 -3.16% -32.1%
2009 -8.44% -13.9%
2008 2.82% -7.03%
2007 2.02% 0.27%
2006 1.7% 2.78%
2005 -0.05% 1.57%
2004 -1.84% 1.3%
2003 -4.32% 0.35%
2002 -4.08% -0.52%
2001 -3.53% 0.96%
2000 -4.68% 4.86%
1999 -4.07% 3.54%
1998 -1.73% 2.07%
1997 -2.58% 1.37%
1996 -2.86% -0.2%
1995 -3.12% -2.07%
1994 - -1.82%
1993 - -2.62%
1992 - -2.84%
1991 - -2.8%
1990 - -2.69%
1989 - -2.64%
1988 - -4.62%
1987 - -8.47%
1986 - -10.5%
1985 - -10.7%
1984 - -9.43%
1983 - -11.5%
1982 - -13.1%
1981 - -12.1%
1980 - -11.1%
1979 - -10%
1978 - -8.27%
1977 - -6.44%
1976 - -7.34%
1975 - -11.1%
1974 - -6.96%
1973 - -3.84%
1972 - -3.23%
1971 - -3.5%
1970 - -3.64%
1969 - -3.4%
1968 - -2.72%
1967 - -2.69%
1966 - -2.26%
1965 - -3.5%
1964 - -3.35%
1963 - -2.92%
1962 - -2.91%
1961 - -2.6%
1960 - -1.97%
1959 - -2.16%
1958 - -4.3%
1957 - -5.19%
1956 - -3.23%
1955 - -5.06%
1954 - -5.28%
1953 - -5.77%
1952 - -7.84%
1951 - -4.62%
1950 - -5.21%
1949 - -2.17%
1948 - -1.29%
1947 - -1.8%
1946 - -0.43%
1945 - -0.43%
1944 - 0.39%
1943 - -1.18%
1942 - -2.48%
1941 - -1.42%
1940 - -0.15%
1939 - -7.31%
1938 - -0.92%
1937 - -0.77%
1936 - -0.19%
1935 - -
1934 - -
1933 - 2.97%
1932 - -
1931 - -1.63%
1930 - -
1929 - -3.41%
1928 - -
1927 - -
1926 - -1.95%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1926–1989, retrieved 2026-02-20).

GeoRank.org/economy/chad/ireland | 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 Ireland's surplus of $24.9B, or 4.09% of GDP.

Over the past 30 years, Chad recorded a fiscal deficit in 22 of those years, while Ireland ran a deficit in 15 years. On average, Chad posted an annual deficit equal to 1.46% of GDP, compared to deficit of 2.33% of GDP for Ireland.

Inflation comparison by year

Inflation
Chad

Ireland
1x
Year Consumer prices inflation
Chad Ireland
2024 5.1% 2.11%
2023 2.3% 6.3%
2022 5.8% 7.83%
2021 -0.8% 2.34%
2020 4.5% -0.33%
2019 -1% 0.94%
2018 4% 0.47%
2017 -0.9% 0.36%
2016 -1.6% 0.02%
2015 4.8% -0.33%
2014 -5.5% 0.19%
2013 0.2% 0.52%
2012 7.5% 1.69%
2011 2% 2.55%
2010 -2.1% -0.92%
2009 10.1% -4.45%
2008 8.3% 4.04%
2007 -7.4% 4.89%
2006 9.6% 3.94%
2005 4.4% 2.46%
2004 -4.8% 2.18%
2003 -1.8% 3.49%
2002 5.2% 4.63%
2001 12.4% 4.85%
2000 3.8% 5.58%
1999 -8.4% 1.63%
1998 4.3% 2.41%
1997 5.6% 1.54%

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/ireland | CC BY

Over the past 28 years, Chad has recorded an average annual inflation rate of 2.34%, compared with 2.18% in Ireland. In 2024, inflation was 5.1% in Chad and 2.11% in Ireland.

Top exports between countries

Chad
Export category Export value
Machinery & equipment $227K
Chemicals & pharma $18K
Textiles & consumer goods $4K
Metals $1K
Miscellaneous $1K
Raw agricultural goods $1K
Ireland
Export category Export value
Processed food, beverages & tobacco $5.34M
Chemicals & pharma $2.11M
Machinery & equipment $605K
Animal & marine products $104K
Raw materials & minerals $30K
Raw agricultural goods $13K
Metals $10K
Wood & paper products $1K

Balance of trade

Chad Ireland
Current account balance
-$37.7M
1994
$106B
2024
Current account balance ranking
82/190
1994
6/190
2024
Current account balance, % of GDP
-3.2%
1994
+17.4%
2024
Goods imports
$212M
1994
$165B
2024
Goods exports
$135M
1994
$356B
2024
Service imports
$199M
1994
$467B
2024
Service exports
$54.8M
1994
$526B
2024
Imports of goods and services, % of GDP
18.1%
2024
102.2%
2024
Exports of goods and services, % of GDP
29.8%
2024
144%
2024

Economic freedom indices

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

Chad Ireland
Economic freedom 51.2 83.3
Economic freedom ranking 154/197 3/197
Property rights 17.2 94.4
Government integrity 15.2 84
Judicial effectiveness 15 95.4
Tax burden 77.9 77.7
Government spending 92.2 85.9
Fiscal health 97.9 97
Business freedom 27.4 85.5
Labor freedom 53.7 61.3
Monetary freedom 71.6 79.3
Trade freedom 46.4 79.4
Investment freedom 60 90
Financial freedom 40 70

Economic freedom comparison by year

Chad
Ireland
1x
Year Economic freedom index
Chad Ireland
2026 51.2 83.3
2025 52.2 83.1
2024 51.4 82.6
2023 52 82
2022 49.8 82
2021 50.4 81.4
2020 50.2 80.9
2019 49.9 80.5
2018 49.3 80.4
2017 49 76.7
2016 46.3 77.3
2015 45.9 76.6
2014 44.5 76.2
2013 45.2 75.7
2012 44.8 76.9
2011 45.3 78.7
2010 47.5 81.3
2009 47.5 82.2
2008 47.8 82.5
2007 50.1 82.6
2006 50 82.2
2005 52.1 80.8
2004 53.1 80.3
2003 52.6 80.9
2002 49.2 80.5
2001 46.4 81.2
2000 46.8 76.1
1999 47.2 74.6
1998 46.6 73.7
1997 45.1 72.6
1996 - 68.5
1995 - 68.5

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

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

The Economic Freedom Index for Chad is 51.2, ranking 154/197, compared to 83.3 for Ireland, ranking 3/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Chad Ireland
Services, % of GDP
29.8%
2024
60.6%
2024
Industry, % of GDP
28.7%
2024
33.6%
2024
Agriculture, forestry, and fishing, % of GDP
37.7%
2024
1.02%
2024
GNI, Atlas method
$19.1B
2024
$435B
2024
GNI per capita, PPP
$2,710
2024
$101,180
2024
Total reserves including gold
$1.05B
2023
$12.7B
2024
Total reserves ranking
140/177
2023
73/177
2024
Net foreign direct investment
-$26.5M
1994
$62.3B
2024
Net inflows of foreign direct investment
$1.02B
2024
$4.82B
2024
Net outflows of foreign direct investment
$0
2024
$67.1B
2024
Servicing debt to the IMF, % of GNI
1.9%
2024
n/a
Poverty at national poverty lines
44.8%
2022
14%
2021
Gross capital formation, % of GDP
26.8%
2024
18.2%
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/ireland | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1926–1998, 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. TradeMap (2020–2024, 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.