Chad vs Norway: Economic Indicators Comparison

Norway with a GDP of $434.2B ranked the 30th largest economy in the world, while Chad ranked 140th with $11.3B. By GDP 5-years average growth and GDP per capita, Norway and Chad ranked 142nd vs 165th and 5th vs 182nd, respectively.

Gross Domestic Product & Income

Stat	Chad	Norway
GDP	$11.3B	$434.2B
GDP growth, 1 year	3.1%	1.4%
GDP growth, 5-years average	0.4%	1.7%
Population	15.5M	5.4M
GDP per capita	$728	$82k
GDP per capita growth	-0.42%	0.58%
Purchasing Power Parity conversion factor	205.64	10.14
Price level ratio of PPP conversion factor GDP to market exchange rate	0.37	1.25
GDP per capita, PPP adjusted	$2.4k	$74k
GNI, Atlas method	$10.4B	$428.4B
GNI per capita	$670	$81k
GNI, PPP adjusted	$29.9B	$363B
GNI per capita, PPP adjusted	$1.9k	$68k

Financial system and Human development

Stat	Chad	Norway
Income Tax Rate	60%	47.8%
Corporate Tax Rate	45%	22%
Inflation, consumer prices	2.5%	2.8%
Inflation, GDP deflator	5.1%	5.8%
Unemployment	2.2%	3.9%
Economic Freedom Index	50.2	73.4
Personal Freedom Index	5.48	9.55
Human Freedom Index	5.23	8.61
Property Rights Index	32.4	84.3
Judical Effectiveness Index	27.4	82.8
Business Freedom Index	26.8	86.1
Fiscal Health Index	95.6	97.3
Labor Freedom Index	43	57.4
Investment Freedom Index	60	75
Financial Freedom Index	40	60
Trade Freedom Index	47.2	83.8
Monetary Freedom Index	76.1	74.8
Government Spending Index	93.5	25.6
Tax Burden Index	45.8	57.7
Government Integrity Index	15.1	95.6
Corruption Perceptions Index	19	84
Life expectancy at birth, years	53.7	82.5
Suicide mortality rate, per 100,000 people	8.8	12.2
Mortality caused by road traffic injury, per 100,000 people	27.6	2.7
Intentional homicides, per 100,000 people	9	0.5
International tourism, number of arrivals	87k	5.7M

Government debt & reserves

Stat	Chad	Norway
Central government debt, % of GDP	46.6%	36.8%
External debt stocks, % of GNI	29.3%	N/A
External debt stocks	$3.2B	N/A
Short-term debt, % of total reserves	9.6%	N/A
Total debt service, % of exports and primary income	8%	N/A
Adjusted net savings including particulate emission damage, % of GNI	5.5%	16.9%
Gross savings, % of GDP	13.4%	35.9%
Gross capital formation, % of GDP	19.7%	27.3%
Total reserves including gold	$147.8M	$63.1B
Foreign direct investment net inflows	$662.2M	-$17.4B

Exports, imports and economic structure

Stat	Chad	Norway
Exports of goods and services, % of GDP	36%	38.4%
Imports of goods and services, % of GDP	37.9%	32.6%
Current account balance (balance of payments)	-$37.7M	$31.4B
Revenue excluding grants, % of GDP	N/A	47.4%
Grants excluding technical cooperation, BoP	$554.8M	N/A
Personal remittances received	$724k	$644.3M
Industry including construction value added, % of GDP	14.3%	32%
Agriculture, forestry and fishing value added, % of GDP	44.9%	1.9%
Charges for the use of intellectual property, payments BoP	N/A	$768.9M
Charges for the use of intellectual property, receipts BoP	N/A	$515.2M
Expense, % of GDP	N/A	37.7%
Government Expenditure, % of GDP	14.8%	49.8%