Skip to content

Economy of Chad vs Kiribati compared: GDP & Debt

Updated on by Georank team

Chad has a GDP of $19.5B compared to $308M for Kiribati, ranking 132/197 and 192/197 by economy size, respectively.

Chad has $6.37B in government debt (32.7% of GDP), compared to $30.5M (9.92% of GDP) in Kiribati.

Chad vs Kiribati GDP by year

Chad
Kiribati
1x
Year GDP, current $
Chad Kiribati
2024 $19,518,819,751 $307,862,564
2023 $18,340,233,749 $288,610,748
2022 $17,828,508,290 $270,040,453
2021 $16,871,937,698 $285,259,881
2020 $14,932,897,821 $220,898,020
2019 $14,905,517,743 $216,985,388
2018 $15,327,000,249 $233,514,717
2017 $13,349,041,409 $222,875,736
2016 $13,026,289,836 $206,467,819
2015 $14,559,599,500 $191,559,399
2014 $18,144,336,904 $200,287,282
2013 $17,865,316,886 $201,730,861
2012 $17,892,228,570 $207,001,546
2011 $16,685,349,674 $195,970,140
2010 $14,058,506,664 $165,458,433
2009 $12,317,614,054 $140,177,384
2008 $13,385,593,990 $147,017,895
2007 $10,865,385,132 $138,054,946
2006 $9,709,626,596 $112,338,353
2005 $8,655,892,393 $113,895,437
2004 $4,422,855,661 $104,085,892
2003 $2,742,815,072 $96,105,619
2002 $1,997,005,709 $74,743,869
2001 $1,710,843,377 $64,935,850
2000 $1,388,506,772 $74,910,527
1999 $1,534,673,583 $77,323,978
1998 $1,744,794,531 $74,905,706
1997 $1,544,689,577 $80,205,807
1996 $1,607,345,356 $81,456,854
1995 $1,445,919,895 $68,596,395
1994 $1,179,837,963 $67,055,334
1993 $1,463,251,164 $58,953,596
1992 $1,881,847,670 $61,491,369
1991 $1,877,137,982 $41,247,792
1990 $1,738,605,558 $36,534,295
1989 $1,433,686,312 $37,645,319
1988 $1,482,597,298 $38,278,810
1987 $1,163,426,852 $29,554,413
1986 $1,067,828,246 $25,993,009
1985 $1,033,069,709 $26,126,615
1984 $919,103,735 $34,394,167
1983 $832,415,806 $31,000,546
1982 $834,369,860 $32,742,713
1981 $876,937,558 $35,267,489
1980 $1,033,002,404 $33,157,723
1979 $1,004,316,496 $34,466,197
1978 $1,113,920,124 $36,563,965
1977 $935,360,465 $31,335,459
1976 $866,044,962 $33,246,817
1975 $864,602,105 $44,547,454
1974 $652,532,795 $69,256,489
1973 $647,199,483 $25,645,040
1972 $585,427,547 $15,314,346
1971 $501,866,730 $12,356,134
1970 $469,266,737 $11,560,877
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 (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Chad vs Kiribati by year

Chad
GDP per capita

GDP per capita, PPP
Kiribati
GDP per capita

GDP per capita, PPP
1x
Year Current $
Chad Kiribati
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $962 $2,743 $2,289 $3,702
2023 $949 $2,700 $2,178 $3,486
2022 $966 $2,624 $2,070 $3,329
2021 $946 $2,435 $2,222 $3,020
2020 $867 $2,186 $1,752 $2,711
2019 $893 $2,352 $1,751 $2,763
2018 $949 $2,228 $1,913 $2,672
2017 $854 $2,097 $1,853 $2,562
2016 $862 $2,120 $1,743 $2,463
2015 $994 $2,378 $1,640 $2,311
2014 $1,279 $2,133 $1,737 $2,084
2013 $1,305 $2,110 $1,772 $2,049
2012 $1,354 $2,435 $1,844 $1,896
2011 $1,308 $2,388 $1,771 $1,786
2010 $1,142 $2,320 $1,522 $1,724
2009 $1,036 $2,087 $1,317 $1,718
2008 $1,166 $2,181 $1,411 $1,735
2007 $980 $2,149 $1,353 $1,792
2006 $907 $2,079 $1,123 $1,728
2005 $838 $2,102 $1,162 $1,617
2004 $446 $1,808 $1,083 $1,579
2003 $289.1 $1,378 $1,021 $1,578
2002 $219.1 $1,226 $810 $1,605
2001 $194.3 $1,152 $719 $1,591
2000 $163.1 $1,044 $845 $1,638
1999 $186.6 $1,066 $887 $1,526
1998 $219.8 $1,096 $874 $1,593
1997 $201.4 $1,049 $953 $1,535
1996 $216.9 $1,010 $986 $1,519
1995 $204 $1,014 $844 $1,518
1994 $173.9 $1,026 $838 $1,469
1993 $220.7 $933 $748 $1,431
1992 $290.6 $1,107 $792 $1,421
1991 $302 $1,046 $540 $1,139
1990 $290.6 $967 $488 $1,192
1989 $246.4 - $515 -
1988 $263.5 - $536 -
1987 $213.9 - $424 -
1986 $203.4 - $382 -
1985 $202.7 - $393 -
1984 $182.2 - $527 -
1983 $167.2 - $483 -
1982 $176.1 - $519 -
1981 $194 - $568 -
1980 $228.8 - $542 -
1979 $222.9 - $573 -
1978 $252.5 - $611 -
1977 $215.9 - $520 -
1976 $203.7 - $548 -
1975 $207.5 - $730 -
1974 $160 - $1,131 -
1973 $162.4 - $422 -
1972 $150.4 - $256.2 -
1971 $131.8 - $210.7 -
1970 $125.9 - $201 -
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 (1960–2024, retrieved 2026-04-06).

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

Chad's GDP per capita is $962, ranking 182/197, compared to $2,289 in Kiribati, ranking 152/197. Adjusted for purchasing power (GDP per capita PPP), Chad ranks 182nd at $2,743, while Kiribati ranks 169th at $3,702.

Economic indicators

Chad Kiribati
Gross domestic product
$19.5B
2024
$308M
2024
GDP rank
132/197
2024
192/197
2024
GDP growth
4.2%
2023-2024
5.27%
2023-2024
GDP per capita
$962
2024
$2,289
2024
GDP per capita rank
182/197
2024
152/197
2024
GDP per capita, PPP
$2,743
2024
$3,702
2024
GDP per capita PPP rank
182/197
2024
169/197
2024
Government debt
$6.37B
2024
$30.5M
2024
Debt-to-GDP ratio
32.7%
2024
9.92%
2024
Government debt per person
$314
2024
$226.9
2024
Government debt per person rank
177/185
2024
181/185
2024
Average annual personal income after taxes
$1,276
2026
$1,967
2026
Income share by richest 10%
29.5%
2022
22.8%
2019
Income share by poorest 10%
2.8%
2022
4%
2019
Government expenditure, % of GDP
18.8%
2024
98.1%
2024
Consumer prices inflation
5.1%
2023-2024
2.5%
2023-2024
Unemployment rate
1.14%
2018
2.79%
2023
Population
21893857
139020

Spending and national debt comparison by year

Chad
Spending

Debt
Kiribati
Spending

Debt
1x
Year % of GDP
Chad Kiribati
Government spending Government debt Government spending Government debt
2024 18.8% 32.7% 98.1% 9.92%
2023 17.1% 32.2% 95.3% 11.4%
2022 12.6% 32.1% 87.5% 16.3%
2021 13% 41.6% 84% 17.3%
2020 14.1% 41.7% 102.2% 21%
2019 10.6% 38.4% 108.3% 19%
2018 9.73% 33.8% 108.8% 19%
2017 11.3% 39.2% 92.1% 20.2%
2016 11.2% 40.1% 99% 21.2%
2015 13.8% 31.3% 90.9% 18.8%
2014 16.9% 29.4% 101.2% 8.97%
2013 16.6% 22.3% 78% 8.86%
2012 16.6% 20% 83.9% 8.13%
2011 16.3% 22.3% 80.9% 8.8%
2010 18.5% 22.9% 75.7% 9.43%
2009 19.8% 23.9% 74.7% 10.3%
2008 14.6% 15.7% 79.4% 13.9%
2007 13.6% 17.6% 77.3% 11.1%
2006 10.7% 20.1% 82.1% 12.9%
2005 8.87% 22% 95.6% 12.1%
2004 9.84% 25.2% 103.8% 13.6%
2003 14.9% 34.4% 84.4% 12.3%
2002 13.8% 42% 96.9% 13.3%
2001 12% 43.5% 101.3% 17%
2000 14% 52.4% 66% 12.7%
1999 12.9% 44.7% 77.6% 11.8%
1998 10.1% 34.7% 74.7% 9.81%
1997 12% 41.3% 70.9% 10.7%
1996 12% 40.5% 68.4% 11%
1995 12.3% 41.1% 69.6% 12.3%
1994 - - 54.6% 12.3%
1993 - - 55.3% 10.9%
1992 - - 65.9% 7.31%
1991 - - 82.1% 8.43%
1990 - - 105.5% 7.72%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1995–1998, retrieved 2026-02-20).

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

In 2024, Chad's government spending was $3.67B, accounting for 18.8% of its GDP, while Kiribati spent $302M, or 98.1% of GDP.

Debt-to-GDP ratio is 32.7% in Chad and 9.92% in Kiribati, ranking 151/185 and 180/185, respectively.

Government deficit by year

Deficit/surplus
Chad

Kiribati
1x
Year Deficit/surplus, % of GDP
Chad Kiribati
2024 -2.11% -22%
2023 -1.26% 0.13%
2022 3.79% -18.3%
2021 -1.29% -10.8%
2020 1.24% 3.57%
2019 -0.11% 10.8%
2018 1.39% 5.18%
2017 -0.18% 34.1%
2016 -1.51% 20.1%
2015 -3.29% 42.5%
2014 -3.22% 35%
2013 -1.5% 11.8%
2012 0.33% -5.43%
2011 1.75% -17.6%
2010 -3.16% -7.8%
2009 -8.44% -8.56%
2008 2.82% -15.8%
2007 2.02% -12.5%
2006 1.7% -12.3%
2005 -0.05% -9.96%
2004 -1.84% -19.2%
2003 -4.32% -8.93%
2002 -4.08% 3.13%
2001 -3.53% -10.9%
2000 -4.68% -0.03%
1999 -4.07% -1.81%
1998 -1.73% 14.6%
1997 -2.58% 5.92%
1996 -2.86% -20.2%
1995 -3.12% -5.14%
1994 - 0.74%
1993 - 6.27%
1992 - 0.79%
1991 - 3.87%
1990 - -4.62%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/chad/kiribati | 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 Kiribati's deficit of $67.7M, or 22% of GDP.

Over the past 30 years, Chad recorded a fiscal deficit in 22 of those years, while Kiribati ran a deficit in 18 years. On average, Chad posted an annual deficit equal to 1.46% of GDP, compared to deficit of 0.68% of GDP for Kiribati.

Inflation comparison by year

Inflation
Chad

Kiribati
1x
Year Consumer prices inflation
Chad Kiribati
2024 5.1% 2.5%
2023 2.3% 9.3%
2022 5.8% 5.3%
2021 -0.8% 2.1%
2020 4.5% 2.6%
2019 -1% -1.8%
2018 4% 0.6%
2017 -0.9% 0.4%
2016 -1.6% 1.9%
2015 4.8% 0.6%
2014 -5.5% 2.1%
2013 0.2% -1.5%
2012 7.5% -3%
2011 2% 1.5%
2010 -2.1% -3.9%
2009 10.1% 9.8%
2008 8.3% 13.7%
2007 -7.4% 3.6%
2006 9.6% -1%
2005 4.4% -0.4%
2004 -4.8% -0.7%
2003 -1.8% 1.6%
2002 5.2% 3.2%
2001 12.4% 6%
2000 3.8% 0.4%
1999 -8.4% 1.8%
1998 4.3% 3.7%
1997 5.6% 2.6%

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

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

Over the past 28 years, Chad has recorded an average annual inflation rate of 2.34%, compared with 2.25% in Kiribati. In 2024, inflation was 5.1% in Chad and 2.5% in Kiribati.

Balance of trade

Chad Kiribati
Current account balance
-$37.7M
1994
-$59.5M
2024
Current account balance ranking
82/190
1994
85/190
2024
Current account balance, % of GDP
-3.2%
1994
-19.3%
2024
Goods imports
$212M
1994
$227M
2024
Goods exports
$135M
1994
$8.49M
2024
Service imports
$199M
1994
$108M
2024
Service exports
$54.8M
1994
$7M
2024
Imports of goods and services, % of GDP
18.1%
2024
94.9%
2024
Exports of goods and services, % of GDP
29.8%
2024
6.27%
2024

Economic freedom indices

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

Chad Kiribati
Economic freedom 51.2 50.8
Economic freedom ranking 154/197 158/197
Property rights 17.2 69.6
Government integrity 15.2 50.5
Judicial effectiveness 15 54.6
Tax burden 77.9 72.6
Government spending 92.2 0
Fiscal health 97.9 19.8
Business freedom 27.4 60.2
Labor freedom 53.7 65.3
Monetary freedom 71.6 76.7
Trade freedom 46.4 80
Investment freedom 60 30
Financial freedom 40 30

Economic freedom comparison by year

Chad
Kiribati
1x
Year Economic freedom index
Chad Kiribati
2026 51.2 50.8
2025 52.2 50.9
2024 51.4 51.3
2023 52 58.8
2022 49.8 59.2
2021 50.4 44.4
2020 50.2 45.2
2019 49.9 47.3
2018 49.3 50.8
2017 49 50.9
2016 46.3 46.2
2015 45.9 46.4
2014 44.5 46.3
2013 45.2 45.9
2012 44.8 46.9
2011 45.3 44.8
2010 47.5 43.7
2009 47.5 45.7
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 2026-03-09).

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

The Economic Freedom Index for Chad is 51.2, ranking 154/197, compared to 50.8 for Kiribati, ranking 158/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Chad Kiribati
Services, % of GDP
29.8%
2024
67.1%
2023
Industry, % of GDP
28.7%
2024
11.5%
2023
Agriculture, forestry, and fishing, % of GDP
37.7%
2024
27.2%
2023
GNI, Atlas method
$19.1B
2024
$493M
2024
GNI per capita, PPP
$2,710
2024
$6,060
2024
Total reserves including gold
$1.05B
2023
n/a
Total reserves ranking
140/177
2023
n/a
Net foreign direct investment
-$26.5M
1994
-$8.06M
2024
Net inflows of foreign direct investment
$1.02B
2024
$8.07M
2024
Net outflows of foreign direct investment
$0
2024
$16.4K
2024
Servicing debt to the IMF, % of GNI
1.9%
2024
n/a
Poverty at national poverty lines
44.8%
2022
5.5%
2023
Gross capital formation, % of GDP
26.8%
2024
25.8%
2023

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/kiribati | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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 (1997–2026, 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 (1995–1998, retrieved 2026-02-20)
  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.