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

StatChadNorway
GDP$11.3B$434.2B
GDP growth, 1 year3.1%1.4%
GDP growth, 5-years average0.4%1.7%
Population15.5M5.4M
GDP per capita$728$82k
GDP per capita growth-0.42%0.58%
Purchasing Power Parity conversion factor205.6410.14
Price level ratio of PPP conversion factor GDP to market exchange rate0.371.25
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

StatChadNorway
Income Tax Rate60%47.8%
Corporate Tax Rate45%22%
Inflation, consumer prices2.5%2.8%
Inflation, GDP deflator5.1%5.8%
Unemployment2.2%3.9%
Economic Freedom Index50.273.4
Personal Freedom Index5.489.55
Human Freedom Index5.238.61
Property Rights Index32.484.3
Judical Effectiveness Index27.482.8
Business Freedom Index26.886.1
Fiscal Health Index95.697.3
Labor Freedom Index4357.4
Investment Freedom Index6075
Financial Freedom Index4060
Trade Freedom Index47.283.8
Monetary Freedom Index76.174.8
Government Spending Index93.525.6
Tax Burden Index45.857.7
Government Integrity Index15.195.6
Corruption Perceptions Index1984
Life expectancy at birth, years53.782.5
Suicide mortality rate, per 100,000 people8.812.2
Mortality caused by road traffic injury, per 100,000 people27.62.7
Intentional homicides, per 100,000 people90.5
International tourism, number of arrivals87k5.7M

Government debt & reserves

StatChadNorway
Central government debt, % of GDP46.6%36.8%
External debt stocks, % of GNI29.3%N/A
External debt stocks$3.2BN/A
Short-term debt, % of total reserves9.6%N/A
Total debt service, % of exports and primary income8%N/A
Adjusted net savings including particulate emission damage, % of GNI5.5%16.9%
Gross savings, % of GDP13.4%35.9%
Gross capital formation, % of GDP19.7%27.3%
Total reserves including gold$147.8M$63.1B
Foreign direct investment net inflows$662.2M-$17.4B

Exports, imports and economic structure

StatChadNorway
Exports of goods and services, % of GDP36%38.4%
Imports of goods and services, % of GDP37.9%32.6%
Current account balance (balance of payments)-$37.7M$31.4B
Revenue excluding grants, % of GDPN/A47.4%
Grants excluding technical cooperation, BoP$554.8MN/A
Personal remittances received$724k$644.3M
Industry including construction value added, % of GDP14.3%32%
Agriculture, forestry and fishing value added, % of GDP44.9%1.9%
Charges for the use of intellectual property, payments BoPN/A$768.9M
Charges for the use of intellectual property, receipts BoPN/A$515.2M
Expense, % of GDPN/A37.7%
Government Expenditure, % of GDP14.8%49.8%

Compare with countries close by GDP per capita

Chad vs

CountryGDP
per capita
Population
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M
Niger
$414
21.5M
Malawi
$389
18.6M
Somalia
$315
11M

Norway vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k