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Economy of Chad vs Lebanon compared: GDP & Debt

Updated on by Georank team

Chad has a GDP of $20.6B compared to $20.1B for Lebanon, ranking 127/197 and 128/197 by economy size, respectively.

Chad has $6.97B in government debt (33.9% of GDP), compared to $38.6B (149.1% of GDP) in Lebanon.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Chad
GDP, current $

GDP, constant 2015 $
Lebanon
GDP, current $

GDP, constant 2015 $
Year GDP
Chad Lebanon
Current $ Constant $ Current $ Constant $
1960 $313,582,728 $2,436,524,901 - -
1961 $333,975,336 $2,470,581,274 - -
1962 $357,635,713 $2,603,007,299 - -
1963 $371,767,002 $2,561,373,394 - -
1964 $392,247,518 $2,497,058,855 - -
1965 $416,926,303 $2,512,196,720 - -
1966 $432,794,922 $2,466,799,004 - -
1967 $449,826,323 $2,485,724,320 - -
1968 $453,980,096 $2,474,359,119 - -
1969 $471,635,622 $2,644,627,446 - -
1970 $469,266,737 $2,693,808,432 - -
1971 $501,866,730 $2,633,261,683 - -
1972 $585,427,547 $2,663,534,083 - -
1973 $647,199,483 $2,440,306,408 - -
1974 $652,532,795 $2,561,390,814 - -
1975 $864,602,105 $2,792,178,974 - -
1976 $866,044,962 $2,875,407,275 - -
1977 $935,360,465 $2,939,661,840 - -
1978 $1,113,920,124 $2,925,856,183 - -
1979 $1,004,316,496 $2,298,520,793 - -
1980 $1,033,002,404 $2,159,513,824 - -
1981 $876,937,558 $2,182,035,784 - -
1982 $834,369,860 $2,298,700,706 - -
1983 $832,415,806 $2,659,107,502 - -
1984 $919,103,735 $2,713,589,927 - -
1985 $1,033,069,709 $3,304,956,434 - -
1986 $1,067,828,246 $3,170,059,101 - -
1987 $1,163,426,852 $3,094,332,460 - -
1988 $1,482,597,298 $3,573,408,122 $3,313,540,068 $13,590,690,652
1989 $1,433,686,312 $3,747,959,643 $2,717,998,688 $7,821,290,497
1990 $1,738,605,558 $3,591,352,184 $2,838,485,354 $9,896,526,026
1991 $1,877,137,982 $3,897,879,020 $4,690,415,093 $14,790,098,776
1992 $1,881,847,670 $4,209,765,601 $5,843,579,161 $17,221,346,343
1993 $1,463,251,164 $3,548,418,285 $7,941,744,492 $19,075,339,625
1994 $1,179,837,963 $3,908,117,459 $9,599,127,050 $20,621,442,059
1995 $1,445,919,895 $3,956,443,259 $11,718,795,529 $21,951,290,517
1996 $1,607,345,356 $4,044,057,628 $13,690,217,334 $24,428,699,054
1997 $1,544,689,577 $4,272,684,072 $15,751,867,489 $24,686,413,686
1998 $1,744,794,531 $4,569,703,120 $17,247,179,006 $25,591,349,425
1999 $1,534,673,583 $4,538,498,892 $17,391,056,369 $25,456,845,224
2000 $1,388,506,772 $4,498,574,578 $17,260,364,842 $25,798,443,406
2001 $1,710,843,377 $5,023,024,460 $17,649,751,244 $26,789,018,311
2002 $1,997,005,709 $5,449,540,006 $19,152,238,806 $27,706,046,545
2003 $2,742,815,072 $6,251,803,140 $20,082,918,740 $28,600,147,894
2004 $4,422,855,661 $8,354,245,265 $21,159,827,992 $30,510,478,932
2005 $8,655,892,393 $9,802,247,644 $21,497,336,499 $31,329,923,063
2006 $9,709,626,596 $9,751,126,740 $22,022,709,851 $31,815,384,921
2007 $10,865,385,132 $10,175,906,505 $24,827,355,015 $34,777,595,316
2008 $13,385,593,990 $10,492,210,538 $29,118,916,105 $37,931,620,044
2009 $12,317,614,054 $10,351,773,940 $35,399,582,929 $41,812,842,420
2010 $14,058,506,664 $11,779,737,898 $38,443,907,042 $45,147,473,284
2011 $16,685,349,674 $12,316,138,912 $39,927,125,962 $45,539,055,324
2012 $17,892,228,570 $13,431,079,587 $44,016,799,516 $46,707,037,069
2013 $17,865,316,886 $13,808,137,253 $46,880,103,081 $48,494,923,363
2014 $18,144,336,904 $14,092,996,497 $48,095,213,747 $49,699,566,407
2015 $14,559,599,500 $14,559,599,500 $49,929,337,837 $49,929,337,837
2016 $13,026,289,836 $13,958,298,469 $51,147,308,774 $50,705,514,063
2017 $13,349,041,409 $13,731,058,253 $53,027,680,686 $51,163,399,288
2018 $15,327,000,249 $14,519,374,209 $54,901,519,156 $50,199,119,756
2019 $14,905,517,743 $15,301,773,407 $51,605,959,131 $46,727,888,411
2020 $14,932,897,821 $15,239,205,318 $31,712,128,254 $36,728,167,163
2021 $16,871,937,698 $15,284,005,406 $23,131,941,557 $34,156,740,537
2022 $17,828,508,290 $17,255,124,959 $20,992,421,949 $33,944,395,264
2023 $19,107,685,021 $17,965,596,410 $20,078,620,357 $33,686,219,465
2024 $20,625,711,665 $18,622,140,347 - -

Economic indicators

Chad Lebanon
Gross domestic product
$20.6B
2024
$20.1B
2023
GDP rank
127/197
2024
128/197
2023
GDP growth
7.94%
2023-2024
-4.35%
2022-2023
GDP per capita
$1,016
2024
$3,478
2023
GDP per capita rank
175/197
2024
135/197
2023
GDP per capita, PPP
$2,962
2024
$12,575
2023
Government debt
$6.97B
2024
$38.6B
2023
Debt-to-GDP ratio
33.9%
2025
149.1%
2025
Government debt per person
$343
2024
$6,680
2023
Government debt per person rank
175/185
2024
70/185
2023
Average annual personal income after taxes
$1,511
2025
$3,779
2025
Market capitalization of domestic companies n/a
$10.6B
2021
Number of billionaires n/a
6
2025
Income share by richest 10%
29.5%
2022
25.1%
2022
Income share by poorest 10%
2.8%
2022
2.8%
2022
Government expenditure, % of GDP
18.3%
2025
18.3%
2025
Consumer prices inflation
4%
2024-2025
45.2%
2023-2024
Central bank interest rate n/a
20%
2023
Unemployment rate
1.14%
2018
11.3%
2019
Population
21450865
5888008

GDP per capita in Chad vs Lebanon

Chad's GDP per capita is $1,016, ranking 175/197, compared to $3,478 in Lebanon, ranking 135/197. Adjusted for purchasing power (GDP per capita PPP), Chad ranks 181st at $2,962, while Lebanon ranks 121st at $12,575.

Chad
GDP per capita

GDP per capita, PPP
Lebanon
GDP per capita

GDP per capita, PPP
Year Current $
Chad Lebanon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 $102.8 - - -
1961 $107.3 - - -
1962 $112.6 - - -
1963 $114.7 - - -
1964 $118.6 - - -
1965 $123.6 - - -
1966 $125.8 - - -
1967 $128.2 - - -
1968 $126.9 - - -
1969 $129.2 - - -
1970 $125.9 - - -
1971 $131.8 - - -
1972 $150.4 - - -
1973 $162.4 - - -
1974 $160 - - -
1975 $207.5 - - -
1976 $203.7 - - -
1977 $215.9 - - -
1978 $252.5 - - -
1979 $222.9 - - -
1980 $228.8 - - -
1981 $194 - - -
1982 $176.1 - - -
1983 $167.2 - - -
1984 $182.2 - - -
1985 $202.7 - - -
1986 $203.4 - - -
1987 $213.9 - - -
1988 $263.5 - $959 -
1989 $246.4 - $771 -
1990 $290.6 $962 $790 $2,990
1991 $302 $1,041 $1,278 $4,527
1992 $290.6 $1,102 $1,559 $5,279
1993 $220.7 $929 $2,079 $5,871
1994 $173.9 $1,021 $2,468 $6,367
1995 $204 $1,010 $2,959 $6,796
1996 $216.9 $1,006 $3,393 $7,560
1997 $201.4 $1,044 $3,834 $7,632
1998 $219.8 $1,091 $4,125 $7,861
1999 $186.6 $1,061 $4,087 $7,793
2000 $163.1 $1,039 $3,987 $7,938
2001 $194.3 $1,147 $4,010 $8,289
2002 $219.1 $1,220 $4,291 $8,586
2003 $289.1 $1,372 $4,438 $8,914
2004 $446 $1,800 $4,601 $9,609
2005 $838 $2,093 $4,602 $10,020
2006 $907 $2,070 $4,635 $10,312
2007 $980 $2,144 $5,125 $11,356
2008 $1,166 $2,175 $5,912 $12,416
2009 $1,036 $2,084 $7,091 $13,586
2010 $1,142 $2,318 $7,626 $14,704
2011 $1,308 $2,388 $7,835 $14,975
2012 $1,354 $2,435 $8,407 $16,121
2013 $1,305 $2,110 $8,162 $16,316
2014 $1,279 $2,133 $7,578 $16,140
2015 $994 $2,378 $7,714 $17,046
2016 $862 $2,120 $8,089 $18,941
2017 $854 $2,097 $8,608 $20,964
2018 $949 $2,228 $9,175 $21,985
2019 $893 $2,352 $8,906 $21,710
2020 $867 $2,186 $5,561 $16,260
2021 $946 $2,435 $4,045 $11,600
2022 $966 $2,845 $3,654 $12,293
2023 $989 $2,932 $3,478 $12,575
2024 $1,016 $2,962 - -

Spending and national debt comparison

In 2024, Chad's government spending was $3.84B, accounting for 18.3% of its GDP, while Lebanon's spent $2.67B, or 18.3% of GDP.

Debt-to-GDP ratio is 33.9% in Chad and 149.1% in Lebanon, ranking 150/185 and 6/185, respectively.

Chad
Government spending

Government debt
Lebanon
Government spending

Government debt
Year % of GDP
Chad Lebanon
Government spending Government debt Government spending Government debt
1990 - - 40% 99.7%
1991 - - 35.6% 67.1%
1992 - - 36.1% 51.7%
1993 - - 23% 50.5%
1994 - - 47.3% 71.5%
1995 12.3% 39.2% 31.1% 79.6%
1996 12% 38.6% 43.6% 101.2%
1997 12% 39.3% 40.5% 100.2%
1998 10.1% 33% 34.7% 108.2%
1999 12.9% 44.7% 35.6% 130.2%
2000 14% 52.4% 42.8% 148.1%
2001 12% 43.5% 38.9% 163.1%
2002 13.8% 42% 36.8% 163.1%
2003 14.9% 34.4% 36.4% 171.3%
2004 9.84% 25.2% 33.3% 169.5%
2005 8.87% 22% 31.4% 178.9%
2006 10.7% 20.1% 36.1% 183.3%
2007 13.6% 17.6% 35.2% 169.3%
2008 14.6% 15.7% 34.3% 161.5%
2009 19.8% 23.9% 32.1% 144.5%
2010 18.5% 22.9% 29.2% 136.8%
2011 16.3% 22.3% 28.8% 134.4%
2012 16.6% 19.9% 30.2% 131.1%
2013 16.6% 22.3% 28.9% 135.4%
2014 17% 29.5% 28.8% 138.4%
2015 13.8% 31.3% 26.7% 140.8%
2016 11.3% 40.3% 28.3% 146.4%
2017 11.2% 38.9% 30.6% 150%
2018 9.63% 33.4% 32.3% 155.1%
2019 10.6% 38.2% 31.3% 172.1%
2020 14% 41.1% 23% 148.7%
2021 13.1% 41.6% 10.2% 361%
2022 12.7% 32.2% 12.2% 246.5%
2023 17.4% 32.6% 13.3% 192.1%
2024 18.6% 33.8% 16.1% 164.1%
2025 18.3% 33.9% 18.3% 149.1%

Government deficit by year

In 2023, Chad's government deficit, the difference between spending and revenue, was -$244M, equivalent to -1.28% of GDP. This compares to Lebanon's deficit of -$21.1M, or -0.11% of GDP.

Over the past 29 years, Chad recorded a fiscal deficit in 21 of those years, while Lebanon ran a deficit in 29 years. On average, Chad posted an annual deficit equal to -1.44% of GDP, compared to deficit of -11.4% of GDP for Lebanon.

Deficit/surplus
Chad

Lebanon
Year Deficit/surplus, % of GDP
Chad Lebanon
1990 - -30.2%
1991 - -19.5%
1992 - -24%
1993 - -7.19%
1994 - -29.1%
1995 -3.12% -13.6%
1996 -2.86% -25.7%
1997 -2.58% -24.5%
1998 -1.73% -17.3%
1999 -4.07% -16.7%
2000 -4.68% -23.9%
2001 -3.53% -21%
2002 -4.08% -16.2%
2003 -4.32% -14%
2004 -1.84% -9.83%
2005 -0.05% -8.57%
2006 1.7% -10.6%
2007 2.02% -10.9%
2008 2.82% -9.86%
2009 -8.44% -8.1%
2010 -3.16% -7.47%
2011 1.75% -5.94%
2012 0.33% -8.43%
2013 -1.5% -8.82%
2014 -3.23% -6.22%
2015 -3.29% -7.48%
2016 -1.52% -8.88%
2017 -0.17% -8.65%
2018 1.37% -11.3%
2019 -0.11% -10.5%
2020 1.22% -7.15%
2021 -1.3% -1.98%
2022 3.83% -6.5%
2023 -1.28% -0.11%
2024 -1.96% 0.36%
2025 -0.54% 0.01%

Inflation comparison by year

Over the past 29 years, Chad has recorded an average annual inflation rate of 2.65%, compared with 26% in Lebanon. In 2024, inflation was 4% in Chad and 45.2% in Lebanon.

Inflation
Chad

Lebanon
Year Inflation
Chad Lebanon Chad Lebanon
1996 11.3% 8.9%
1997 5.6% 7.7%
1998 4.3% 4.5%
1999 -8.4% 0.2%
2000 3.8% -0.4%
2001 12.4% -0.4%
2002 5.2% 1.8%
2003 -1.8% 1.3%
2004 -4.8% 1.7%
2005 4.4% -1.4%
2006 9.6% 4.1%
2007 -7.4% 4.1%
2008 8.3% 10.7%
2009 10.1% 1.2%
2010 -2.1% 4%
2011 2% 5%
2012 7.5% 6.6%
2013 0.2% 5.6%
2014 -5.5% 1.1%
2015 4.8% -3.8%
2016 -1.6% -0.8%
2017 -0.9% 4.5%
2018 4% 6.1%
2019 -1% 2.9%
2020 4.5% 84.9%
2021 -0.8% 154.8%
2022 5.8% 171.2%
2023 2.3% 221.3%
2024 5.1% 45.2%
2025 4% -

Top exports between countries

Chad
Export category Export value
Lebanon
Export category Export value
Processed food, beverages & tobacco $99K
Wood & paper products $71K
Textiles & consumer goods $41K
Metals $34K
Chemicals & pharma $31K
Raw agricultural goods $15K
Machinery & equipment $13K
Raw materials & minerals $11K
Miscellaneous $2K

Balance of trade

Chad Lebanon
Current account balance
-$37.7M
1994
-$5.64B
2023
Current account balance ranking
79/189
1994
168/189
2023
Current account balance, % of GDP
-3.2%
1994
-28.1%
2023
Goods imports
$212M
1994
$16.7B
2023
Goods exports
$135M
1994
$3.85B
2023
Service imports
$199M
1994
$6.63B
2023
Service exports
$54.8M
1994
$7.92B
2023
Imports of goods and services, % of GDP
17.2%
2024
73.7%
2023
Exports of goods and services, % of GDP
28.1%
2024
30.6%
2023

Economic freedom indices

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

Chad Lebanon
Economic freedom 52.2 44.1
Economic freedom ranking 148/197 181/197
Property rights 27.4 22.3
Government integrity 14.1 24.5
Judicial effectiveness 14.5 22.6
Tax burden 78.5 90.3
Government spending 92.9 95.6
Fiscal health 97.9 63.6
Business freedom 28.7 47.8
Labor freedom 53.5 57.1
Monetary freedom 72 0
Trade freedom 47.2 65.4
Investment freedom 60 20
Financial freedom 40 20

Economic freedom by year comparison

The Economic Freedom Index for Chad is 52.2, ranking 148/197, compared to 44.1 for Lebanon, ranking 181/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Chad
Lebanon
Year Economic freedom index
Chad Lebanon
1996 - 63.2
1997 45.1 63.9
1998 46.6 59
1999 47.2 59.1
2000 46.8 56.1
2001 46.4 61
2002 49.2 57.1
2003 52.6 56.7
2004 53.1 56.9
2005 52.1 57.2
2006 50 57.5
2007 50.1 60.4
2008 47.8 60
2009 47.5 58.1
2010 47.5 59.5
2011 45.3 60.1
2012 44.8 60.1
2013 45.2 59.5
2014 44.5 59.4
2015 45.9 59.3
2016 46.3 59.5
2017 49 53.3
2018 49.3 53.2
2019 49.9 51.1
2020 50.2 51.7
2021 50.4 51.4
2022 49.8 47.3
2023 52 45.6
2024 51.4 48.3
2025 52.2 44.1

More economic indicators

Chad Lebanon
Services, % of GDP
31.6%
2024
42.4%
2023
Industry, % of GDP
29.7%
2024
2.09%
2023
Agriculture, forestry, and fishing, % of GDP
32.2%
2024
0.97%
2023
GNI, Atlas method
$19.7B
2024
$21.6B
2023
GNI per capita, PPP
$2,930
2024
$12,530
2023
Total reserves including gold
$1.05B
2023
$33.3B
2024
Total reserves ranking
140/177
2023
54/177
2024
Net foreign direct investment
-$26.5M
1994
-$583M
2023
Net inflows of foreign direct investment
$1.02B
2024
$1.84B
2024
Net outflows of foreign direct investment
-$2.15M
1999
$391M
2024
Servicing debt to the IMF, % of GNI
2.2%
2023
21.8%
2023
Poverty at national poverty lines
44.8%
2022
27.4%
2012
Gross capital formation, % of GDP
17.8%
2024
1.9%
2023

GDP per capita map

GDP per capita

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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.