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Economy of Chad vs North Korea compared: GDP & Debt

Updated on by Georank team

Chad has a GDP of $19.5B compared to $34.9B for North Korea, ranking 132/197 and 106/197 by economy size, respectively.

Chad vs North Korea GDP by year

Chad
North Korea
1x
Year GDP, current $
Chad North Korea
2024 $19,518,819,751 $34,943,120,000
2023 $18,340,233,749 $32,155,360,000
2022 $17,828,508,290 $28,971,360,000
2021 $16,871,937,698 $32,301,720,000
2020 $14,932,897,821 $27,728,240,000
2019 $14,905,517,743 $28,222,880,000
2018 $15,327,000,249 $28,536,400,000
2017 $13,349,041,409 $29,105,440,000
2016 $13,026,289,836 $28,882,640,000
2015 $14,559,599,500 $30,723,030,000
2014 $18,144,336,904 $30,554,460,000
2013 $17,865,316,886 $30,588,922,000
2012 $17,892,228,570 $29,890,710,000
2011 $16,685,349,674 $29,005,020,000
2010 $14,058,506,664 $25,995,513,000
2009 $12,317,614,054 $23,356,470,000
2008 $13,385,593,990 -
2007 $10,865,385,132 -
2006 $9,709,626,596 -
2005 $8,655,892,393 -
2004 $4,422,855,661 -
2003 $2,742,815,072 -
2002 $1,997,005,709 -
2001 $1,710,843,377 -
2000 $1,388,506,772 -
1999 $1,534,673,583 -
1998 $1,744,794,531 -
1997 $1,544,689,577 -
1996 $1,607,345,356 -
1995 $1,445,919,895 -
1994 $1,179,837,963 -
1993 $1,463,251,164 -
1992 $1,881,847,670 -
1991 $1,877,137,982 -
1990 $1,738,605,558 -
1989 $1,433,686,312 -
1988 $1,482,597,298 -
1987 $1,163,426,852 -
1986 $1,067,828,246 -
1985 $1,033,069,709 -
1984 $919,103,735 -
1983 $832,415,806 -
1982 $834,369,860 -
1981 $876,937,558 -
1980 $1,033,002,404 -
1979 $1,004,316,496 -
1978 $1,113,920,124 -
1977 $935,360,465 -
1976 $866,044,962 -
1975 $864,602,105 -
1974 $652,532,795 -
1973 $647,199,483 -
1972 $585,427,547 -
1971 $501,866,730 -
1970 $469,266,737 -
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/north-korea | CC BY

GDP per capita in Chad vs North Korea by year

Chad
GDP per capita

GDP per capita, PPP
North Korea
GDP per capita

GDP per capita, PPP
1x
Year Current $
Chad North Korea
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $962 $2,743 $1,319 -
2023 $949 $2,700 $1,217 -
2022 $966 $2,624 $1,100 -
2021 $946 $2,435 $1,231 -
2020 $867 $2,186 $1,061 -
2019 $893 $2,352 $1,084 -
2018 $949 $2,228 $1,100 -
2017 $854 $2,097 $1,127 -
2016 $862 $2,120 $1,124 -
2015 $994 $2,378 $1,201 $1,700
2014 $1,279 $2,133 $1,201 $1,800
2013 $1,305 $2,110 $1,208 -
2012 $1,354 $2,435 $1,186 -
2011 $1,308 $2,388 $1,156 $1,800
2010 $1,142 $2,320 $1,040 -
2009 $1,036 $2,087 $939 $1,800
2008 $1,166 $2,181 - $1,800
2007 $980 $2,149 - $1,700
2006 $907 $2,079 - $1,800
2005 $838 $2,102 - $1,700
2004 $446 $1,808 - $1,700
2003 $289.1 $1,378 - $1,300
2002 $219.1 $1,226 - $1,000
2001 $194.3 $1,152 - -
2000 $163.1 $1,044 - $1,000
1999 $186.6 $1,066 - $1,000
1998 $219.8 $1,096 - -
1997 $201.4 $1,049 - -
1996 $216.9 $1,010 - -
1995 $204 $1,014 - -
1994 $173.9 $1,026 - -
1993 $220.7 $933 - -
1992 $290.6 $1,107 - -
1991 $302 $1,046 - -
1990 $290.6 $967 - -
1989 $246.4 - - -
1988 $263.5 - - -
1987 $213.9 - - -
1986 $203.4 - - -
1985 $202.7 - - -
1984 $182.2 - - -
1983 $167.2 - - -
1982 $176.1 - - -
1981 $194 - - -
1980 $228.8 - - -
1979 $222.9 - - -
1978 $252.5 - - -
1977 $215.9 - - -
1976 $203.7 - - -
1975 $207.5 - - -
1974 $160 - - -
1973 $162.4 - - -
1972 $150.4 - - -
1971 $131.8 - - -
1970 $125.9 - - -
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); Central Intelligence Agency (CIA) (1999–2015, retrieved 2026-02-20).

GeoRank.org/economy/chad/north-korea | CC BY

Chad's GDP per capita is $962, ranking 182/197, compared to $1,319 in North Korea, ranking 168/197. Adjusted for purchasing power (GDP per capita PPP), Chad ranks 182nd at $2,743, while North Korea ranks 193rd at $1,700.

Economic indicators

Chad North Korea
Gross domestic product
$19.5B
2024
$34.9B
2024
GDP rank
132/197
2024
106/197
2024
GDP growth
4.2%
2023-2024
n/a
GDP per capita
$962
2024
$1,319
2024
GDP per capita rank
182/197
2024
168/197
2024
GDP per capita, PPP
$2,743
2024
$1,700
2015
GDP per capita PPP rank
182/197
2024
193/197
2015
Government debt
$6.37B
2024
n/a
Debt-to-GDP ratio
32.7%
2024
n/a
Government debt per person
$314
2024
n/a
Government debt per person rank
177/185
2024
n/a
Average annual personal income after taxes
$1,276
2026
$1,426
2026
Income share by richest 10%
29.5%
2022
n/a
Income share by poorest 10%
2.8%
2022
n/a
Government expenditure, % of GDP
18.8%
2024
n/a
Consumer prices inflation
5.1%
2023-2024
n/a
Unemployment rate
1.14%
2018
25.6%
2013
Population
21893857
26659144

Balance of trade

Chad North Korea
Current account balance
-$37.7M
1994
n/a
Current account balance ranking
82/190
1994
n/a
Current account balance, % of GDP
-3.2%
1994
n/a
Goods imports
$212M
1994
n/a
Goods exports
$135M
1994
n/a
Service imports
$199M
1994
n/a
Service exports
$54.8M
1994
n/a
Imports of goods and services, % of GDP
18.1%
2024
n/a
Exports of goods and services, % of GDP
29.8%
2024
n/a

Economic freedom indices

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

Chad North Korea
Economic freedom 51.2 3.1
Economic freedom ranking 154/197 197/197
Property rights 17.2 16.3
Government integrity 15.2 4.3
Judicial effectiveness 15 6.3
Tax burden 77.9 0
Government spending 92.2 0
Fiscal health 97.9 0
Business freedom 27.4 5
Labor freedom 53.7 5
Monetary freedom 71.6 0
Trade freedom 46.4 0
Investment freedom 60 0
Financial freedom 40 0

Economic freedom comparison by year

Chad
North Korea
1x
Year Economic freedom index
Chad North Korea
2026 51.2 3.1
2025 52.2 3
2024 51.4 2.9
2023 52 2.9
2022 49.8 3
2021 50.4 5.2
2020 50.2 4.2
2019 49.9 5.9
2018 49.3 5.8
2017 49 4.9
2016 46.3 2.3
2015 45.9 1.3
2014 44.5 1
2013 45.2 1.5
2012 44.8 1
2011 45.3 1
2010 47.5 1
2009 47.5 2
2008 47.8 3
2007 50.1 3
2006 50 4
2005 52.1 8
2004 53.1 8.9
2003 52.6 8.9
2002 49.2 8.9
2001 46.4 8.9
2000 46.8 8.9
1999 47.2 8.9
1998 46.6 8.9
1997 45.1 8.9
1996 - 8.9
1995 - 8.9

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

GeoRank.org/economy/chad/north-korea | CC BY

The Economic Freedom Index for Chad is 51.2, ranking 154/197, compared to 3.1 for North Korea, ranking 197/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Chad North Korea
Services, % of GDP
29.8%
2024
n/a
Industry, % of GDP
28.7%
2024
n/a
Agriculture, forestry, and fishing, % of GDP
37.7%
2024
n/a
GNI, Atlas method
$19.1B
2024
n/a
GNI per capita, PPP
$2,710
2024
n/a
Total reserves including gold
$1.05B
2023
n/a
Total reserves ranking
140/177
2023
n/a
Net foreign direct investment
-$26.5M
1994
n/a
Net inflows of foreign direct investment
$1.02B
2024
$203K
1989
Net outflows of foreign direct investment
$0
2024
$0
2024
Servicing debt to the IMF, % of GNI
1.9%
2024
n/a
Poverty at national poverty lines
44.8%
2022
n/a
Gross capital formation, % of GDP
26.8%
2024
n/a

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/north-korea | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  3. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  4. Central Intelligence Agency (CIA) (1999–2015, retrieved 2026-02-20)
  5. International Monetary Fund (IMF) | Fiscal Monitor (2024, 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.