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Economy of Chad vs South Africa compared: GDP & Debt

Updated on by Georank

Chad has a GDP of $21.5B compared to $427B for South Africa, ranking 131/197 and 40/197 by economy size, respectively.

Chad has $6.53B in government debt (30.4% of GDP), compared to $336B (78.6% of GDP) in South Africa.

Chad vs South Africa GDP by year

Chad
South Africa
1x
Year GDP, current $
Chad South Africa
2025 $21,472,835,225 $427,184,325,997
2024 $19,906,706,690 $401,144,998,374
2023 $18,352,937,976 $381,440,724,491
2022 $17,828,508,290 $407,596,043,068
2021 $16,871,937,698 $419,986,284,375
2020 $14,932,897,821 $337,974,655,408
2019 $14,905,517,743 $389,330,032,224
2018 $15,327,000,249 $405,260,723,893
2017 $13,349,041,409 $381,448,814,653
2016 $13,026,289,836 $323,585,509,674
2015 $14,559,599,500 $346,709,790,459
2014 $18,144,336,904 $381,198,869,776
2013 $17,865,316,886 $400,886,013,596
2012 $17,892,228,570 $434,400,545,086
2011 $16,685,349,674 $458,199,494,831
2010 $14,058,506,664 $417,363,822,802
2009 $12,317,614,054 $329,754,060,647
2008 $13,385,593,990 $316,131,258,616
2007 $10,865,385,132 $333,077,117,254
2006 $9,709,626,596 $303,858,675,364
2005 $8,655,892,393 $288,867,217,197
2004 $4,422,855,661 $255,806,908,595
2003 $2,742,815,072 $197,018,965,309
2002 $1,997,005,709 $129,087,556,612
2001 $1,710,843,377 $135,429,905,923
2000 $1,388,506,772 $151,752,757,215
1999 $1,534,673,583 $151,516,957,079
1998 $1,744,794,531 $152,982,984,557
1997 $1,544,689,577 $168,978,057,328
1996 $1,607,345,356 $163,234,925,381
1995 $1,445,919,895 $171,735,933,897
1994 $1,179,837,963 $153,512,712,382
1993 $1,463,251,164 $147,194,747,566
1992 $1,881,847,670 $146,956,150,987
1991 $1,877,137,982 $135,203,698,238
1990 $1,738,605,558 $126,048,140,142
1989 $1,433,686,312 $108,055,624,082
1988 $1,482,597,298 $103,976,831,871
1987 $1,163,426,852 $96,535,763,418
1986 $1,067,828,246 $73,354,771,399
1985 $1,033,069,709 $64,459,376,087
1984 $919,103,735 $84,870,163,366
1983 $832,415,806 $96,204,110,942
1982 $834,369,860 $85,904,057,409
1981 $876,937,558 $93,141,472,164
1980 $1,033,002,404 $89,411,864,402
1979 $1,004,316,496 $63,038,658,089
1978 $1,113,920,124 $51,607,412,902
1977 $935,360,465 $45,328,411,332
1976 $866,044,962 $41,150,460,288
1975 $864,602,105 $42,906,905,672
1974 $652,532,795 $41,389,186,095
1973 $647,199,483 $33,262,772,008
1972 $585,427,547 $24,515,919,217
1971 $501,866,730 $23,411,076,638
1970 $469,266,737 $21,218,391,513
1969 $471,635,622 $19,256,992,297
1968 $453,980,096 $17,124,793,150
1967 $449,826,323 $15,821,393,671
1966 $432,794,922 $14,211,394,315
1965 $416,926,303 $13,068,994,772
1964 $392,247,518 $11,955,995,218
1963 $371,767,002 $10,854,195,658
1962 $357,635,713 $9,813,996,074
1961 $333,975,336 $9,225,996,310
1960 $313,582,728 $8,748,596,501

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/chad/south-africa | CC BY

GDP per capita in Chad vs South Africa by year

Chad
GDP per capita

GDP per capita, PPP
South Africa
GDP per capita

GDP per capita, PPP
1x
Year Current $
Chad South Africa
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,022 - $6,598 -
2024 $981 $2,743 $6,267 $15,456
2023 $950 $2,700 $6,034 $15,200
2022 $966 $2,624 $6,534 $14,749
2021 $946 $2,435 $6,829 $13,682
2020 $867 $2,186 $5,581 $12,671
2019 $893 $2,352 $6,534 $13,361
2018 $949 $2,228 $6,914 $13,347
2017 $854 $2,097 $6,618 $13,738
2016 $862 $2,120 $5,651 $13,519
2015 $994 $2,378 $6,112 $13,398
2014 $1,279 $2,133 $6,857 $13,359
2013 $1,305 $2,110 $7,332 $13,369
2012 $1,354 $2,435 $8,077 $12,987
2011 $1,308 $2,388 $8,646 $13,143
2010 $1,142 $2,320 $7,973 $12,637
2009 $1,036 $2,087 $6,375 $12,261
2008 $1,166 $2,181 $6,185 $12,525
2007 $980 $2,149 $6,592 $12,047
2006 $907 $2,079 $6,077 $11,250
2005 $838 $2,102 $5,837 $10,441
2004 $446 $1,808 $5,221 $9,714
2003 $289.1 $1,378 $4,062 $9,139
2002 $219.1 $1,226 $2,688 $8,792
2001 $194.3 $1,152 $2,847 $8,428
2000 $163.1 $1,044 $3,218 $8,095
1999 $186.6 $1,066 $3,242 $7,667
1998 $219.8 $1,096 $3,310 $7,463
1997 $201.4 $1,049 $3,700 $7,433
1996 $216.9 $1,010 $3,618 $7,208
1995 $204 $1,014 $3,856 $6,875
1994 $173.9 $1,026 $3,489 $6,611
1993 $220.7 $933 $3,400 $6,375
1992 $290.6 $1,107 $3,462 $6,275
1991 $302 $1,046 $3,243 $6,383
1990 $290.6 $967 $3,093 $6,382
1989 $246.4 - $2,727 -
1988 $263.5 - $2,702 -
1987 $213.9 - $2,586 -
1986 $203.4 - $2,027 -
1985 $202.7 - $1,839 -
1984 $182.2 - $2,504 -
1983 $167.2 - $2,938 -
1982 $176.1 - $2,717 -
1981 $194 - $3,050 -
1980 $228.8 - $3,029 -
1979 $222.9 - $2,202 -
1978 $252.5 - $1,852 -
1977 $215.9 - $1,671 -
1976 $203.7 - $1,559 -
1975 $207.5 - $1,670 -
1974 $160 - $1,656 -
1973 $162.4 - $1,369 -
1972 $150.4 - $1,038 -
1971 $131.8 - $1,020 -
1970 $125.9 - $952 -
1969 $129.2 - $891 -
1968 $126.9 - $817 -
1967 $128.2 - $779 -
1966 $125.8 - $722 -
1965 $123.6 - $685 -
1964 $118.6 - $646 -
1963 $114.7 - $605 -
1962 $112.6 - $563 -
1961 $107.3 - $546 -
1960 $102.8 - $532 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/chad/south-africa | CC BY

Chad's GDP per capita is $1,022, ranking 181/197, compared to $6,598 in South Africa, ranking 109/197. Adjusted for purchasing power (GDP per capita PPP), Chad ranks 182nd at $2,743, while South Africa ranks 112th at $15,456.

Economic indicators

Chad South Africa
Gross domestic product
$21.5B
2025
$427B
2025
GDP rank
131/197
2025
40/197
2025
GDP growth
5.59%
2024-2025
1.11%
2024-2025
GDP per capita
$1,022
2025
$6,598
2025
GDP per capita rank
181/197
2025
109/197
2025
GDP per capita, PPP
$2,743
2024
$15,456
2024
GDP per capita PPP rank
182/197
2024
112/197
2024
Government debt
$6.53B
2025
$336B
2025
Debt-to-GDP ratio
30.4%
2025
78.6%
2025
Government debt per person
$311
2025
$5,189
2025
Government debt per person rank
178/185
2025
84/185
2025
Average annual personal income after taxes
$1,529
2026
$4,738
2026
Market capitalization of domestic companies n/a
$1.4T
2025
Number of millionaires n/a
97,000
2026
Number of billionaires n/a
7
2026
Income share by richest 10%
29.5%
2022
42.1%
2022
Income share by poorest 10%
2.8%
2022
1.4%
2022
Government expenditure, % of GDP
18.6%
2025
34.2%
2025
Consumer prices inflation
-2.6%
2024-2025
3.21%
2024-2025
Central bank interest rate n/a
7%
2026
Unemployment rate
3.11%
2022
32.3%
2024
Population
21855137
65829368

Spending and national debt comparison by year

Chad
Spending

Debt
South Africa
Spending

Debt
1x
Year % of GDP
Chad South Africa
Government spending Government debt Government spending Government debt
2025 18.6% 30.4% 34.2% 78.6%
2024 18.1% 31.4% 33% 76%
2023 17.1% 32.2% 32.5% 73.2%
2022 12.6% 32.1% 31.9% 70.7%
2021 13% 41.7% 32.7% 68.8%
2020 14.1% 41.6% 34.6% 68.9%
2019 10.6% 38.4% 31.4% 56.1%
2018 9.73% 33.8% 30.2% 51.5%
2017 11.3% 39.1% 29.9% 48.6%
2016 11.2% 40.2% 29.9% 47.1%
2015 13.8% 31.3% 30.2% 45.2%
2014 16.9% 29.4% 29.3% 43.3%
2013 16.6% 22.3% 28.9% 40.4%
2012 16.6% 20% 28.6% 37.4%
2011 16.3% 22.3% 28.1% 34.7%
2010 18.5% 22.9% 28.3% 31.2%
2009 19.8% 23.9% 28.5% 27%
2008 14.6% 15.7% 26% 24%
2007 13.6% 17.6% 24.4% 24.3%
2006 10.7% 20.1% 24.7% 28%
2005 8.87% 22% 25.1% 29.6%
2004 9.84% 25.2% 22.7% 30.7%
2003 14.9% 34.4% 22.6% 31.5%
2002 13.8% 42% 22.2% 31.8%
2001 12% 43.5% 22.6% 38%
2000 14% 52.4% 22.6% 37.9%
1999 12.9% 44.7% 26.7% 45.9%
1998 10.1% 34.7% 27.1% 45.8%
1997 12% 41.3% 27.9% 45.8%
1996 12% 40.5% 28.5% 44.3%
1995 12.3% 41.1% 27.2% 47%
1994 - - 31.3% 46.4%
1993 - - 29.1% 39.8%
1992 - - 29.8% 34.8%
1991 - - 27.8% 34.7%
1990 - - 28.7% 31.8%
1989 - - 29.6% 33.3%
1988 - - 23.9% 30.6%
1987 - - 28% 33.5%
1986 - - 27.8% 32.5%
1985 - - 26.8% 26.3%
1984 - - 25.2% 23.2%
1983 - - 25.1% 28.7%
1982 - - 23.8% 31.3%
1981 - - 23.3% 27.4%
1980 - - 21.8% 33.3%
1979 - - 26.5% 41.9%
1978 - - 26.8% 44.7%
1977 - - 27.3% 45.3%
1976 - - 23% 35%
1975 - - 21.2% 32.8%
1974 - - 19.1% 33.7%
1973 - - 21% 38.2%
1972 - - 22.9% 41.1%
1971 - - 19.9% 41.1%
1970 - - 20% 43.3%
1969 - - 18.8% 44.4%
1968 - - 19.4% 42.7%
1967 - - 18.8% 41.1%
1966 - - 18.3% 41.4%
1965 - - 18.2% 42.7%
1964 - - 11.3% 30%
1963 - - 15.9% 43.4%
1962 - - 15.9% 45.7%
1961 - - 15.7% 52.8%
1960 - - 16.7% 52.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

GeoRank.org/economy/chad/south-africa | CC BY

In 2025, Chad's government spending was $3.99B, accounting for 18.6% of its GDP, while South Africa spent $146B, or 34.2% of GDP.

Debt-to-GDP ratio is 30.4% in Chad and 78.6% in South Africa, ranking 152/185 and 46/185, respectively.

Government deficit by year

Deficit/surplus
Chad

South Africa
1x
Year Deficit/surplus, % of GDP
Chad South Africa
2025 -1.26% -5.78%
2024 -2.03% -5.67%
2023 -1.26% -5.6%
2022 3.79% -4.25%
2021 -1.29% -5.54%
2020 1.24% -9.62%
2019 -0.11% -5.07%
2018 1.39% -3.73%
2017 -0.18% -4.02%
2016 -1.51% -3.72%
2015 -3.29% -4.37%
2014 -3.22% -3.93%
2013 -1.5% -3.9%
2012 0.33% -4.04%
2011 1.75% -3.7%
2010 -3.16% -4.51%
2009 -8.44% -4.67%
2008 2.82% -0.49%
2007 2.02% 1.22%
2006 1.7% 0.81%
2005 -0.05% -0.1%
2004 -1.84% -1.04%
2003 -4.32% -1.59%
2002 -4.08% -0.96%
2001 -3.53% -1.02%
2000 -4.68% -1.38%
1999 -4.07% -2.21%
1998 -1.73% -2.56%
1997 -2.58% -4.08%
1996 -2.86% -4.53%
1995 -3.12% -4.38%
1994 - -8.09%
1993 - -8.54%
1992 - -7.09%
1991 - -4.85%
1990 - -3.82%
1989 - -8.3%
1988 - -3.29%
1987 - -6.36%
1986 - -5.69%
1985 - -4.86%
1984 - -5.24%
1983 - -5.3%
1982 - -3.88%
1981 - -3.72%
1980 - -1.91%
1979 - -4.65%
1978 - -5.42%
1977 - -5.52%
1976 - -4.19%
1975 - -2.62%
1974 - -1.5%
1973 - -4.54%
1972 - -5.39%
1971 - -1.96%
1970 - -3.19%
1969 - -3.94%
1968 - -3.38%
1967 - -3.8%
1966 - -3.04%
1965 - -3.15%
1964 - -1.19%
1963 - -2.26%
1962 - -1.4%
1961 - -3.25%
1960 - -2.36%
1959 - -4.4%
1958 - -3.5%
1957 - -2.8%
1956 - -2.12%
1955 - -2.9%
1954 - -2.53%
1953 - -3.72%
1952 - -4.14%
1951 - -0.4%
1950 - -2.33%
1949 - -6.87%
1948 - -6.03%
1947 - -1.82%
1946 - -4.03%
1945 - -7.41%
1944 - -8.94%
1943 - -8.49%
1942 - -9.08%
1941 - -7.3%
1940 - -10.9%
1939 - -2.96%
1938 - -3.91%
1937 - -2.16%
1936 - -2.58%
1935 - -3.2%
1934 - -3.29%
1933 - -3.31%
1932 - -4.72%
1931 - -5.31%
1930 - -5.19%
1929 - -4.41%
1928 - -3.29%
1927 - -3.79%
1926 - -4.76%
1925 - -4.92%
1924 - -4.72%
1923 - -5.53%
1922 - -4.51%
1921 - -5.38%
1920 - -5.52%
1919 - -2.6%
1918 - -3.7%
1917 - -3.52%
1916 - -2.57%
1915 - -10.7%
1914 - -11.6%
1913 - -4.15%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1913–1999, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

GeoRank.org/economy/chad/south-africa | CC BY

In 2025, Chad's government deficit, the difference between spending and revenue, was $271M, equivalent to 1.26% of GDP. This compares to South Africa's deficit of $24.7B, or 5.78% of GDP.

Over the past 31 years, Chad recorded a fiscal deficit in 23 of those years, while South Africa ran a deficit in 29 years. On average, Chad posted an annual deficit equal to 1.45% of GDP, compared to deficit of 3.37% of GDP for South Africa.

Inflation comparison by year

Inflation
Chad

South Africa
1x
Year Consumer prices inflation
Chad South Africa
2025 -2.6% 3.21%
2024 5.7% 4.36%
2023 4.1% 6.08%
2022 5.8% 7.04%
2021 -0.8% 4.62%
2020 -2.7% 3.23%
2019 -1% 4.1%
2018 4% 4.51%
2017 -0.9% 5.19%
2016 -1.6% 6.6%
2015 4.8% 4.52%
2014 -5.5% 6.13%
2013 0.2% 5.78%
2012 7.5% 5.74%
2011 2% 5%
2010 -2.1% 4.07%
2009 10.1% 7.24%
2008 8.3% 9.91%
2007 -7.4% 6.18%
2006 9.6% 3.24%
2005 4.4% 2.06%
2004 -4.8% -0.69%
2003 -1.8% 5.68%
2002 5.2% 9.49%
2001 12.4% 5.7%
2000 3.8% 5.34%
1999 -8.4% 5.18%
1998 4.3% 6.88%
1997 5.6% 8.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/chad/south-africa | CC BY

Over the past 29 years, Chad has recorded an average annual inflation rate of 2.01%, compared with 5.34% in South Africa. In 2025, inflation was -2.6% in Chad and 3.21% in South Africa.

Top exports between countries

Chad
Export category Export value
Machinery & equipment $803K
Textiles & consumer goods $1K
South Africa
Export category Export value
Textiles & consumer goods $2.37M
Machinery & equipment $1.76M
Processed food, beverages & tobacco $1.41M
Raw agricultural goods $651K
Weapons & explosives $523K
Raw materials & minerals $226K
Chemicals & pharma $216K
Metals $118K
Animal & marine products $35K
Wood & paper products $6K

Balance of trade

Chad South Africa
Current account balance
-$37.7M
1994
-$1.81B
2025
Current account balance ranking
75/190
1994
135/190
2025
Current account balance, % of GDP
-3.2%
1994
-0.42%
2025
Goods imports
$212M
1994
$104B
2025
Goods exports
$135M
1994
$116B
2025
Service imports
$199M
1994
$21.8B
2025
Service exports
$54.8M
1994
$18.1B
2025
Imports of goods and services, % of GDP
16.7%
2025
29.5%
2025
Exports of goods and services, % of GDP
29.4%
2025
31.4%
2025

Economic freedom indices

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

Chad South Africa
Economic freedom 51.2 58.6
Economic freedom ranking 154/197 110/197
Property rights 17.2 48.8
Government integrity 15.2 46.7
Judicial effectiveness 15 64.6
Tax burden 77.9 65.4
Government spending 92.2 68.4
Fiscal health 97.9 45.3
Business freedom 27.4 67.9
Labor freedom 53.7 70.8
Monetary freedom 71.6 75.8
Trade freedom 46.4 68.8
Investment freedom 60 40
Financial freedom 40 40

Economic freedom comparison by year

Chad
South Africa
1x
Year Economic freedom index
Chad South Africa
2026 51.2 58.6
2025 52.2 57.3
2024 51.4 55.3
2023 52 55.7
2022 49.8 56.2
2021 50.4 59.7
2020 50.2 58.8
2019 49.9 58.3
2018 49.3 63
2017 49 62.3
2016 46.3 61.9
2015 45.9 62.6
2014 44.5 62.5
2013 45.2 61.8
2012 44.8 62.7
2011 45.3 62.7
2010 47.5 62.8
2009 47.5 63.8
2008 47.8 63.4
2007 50.1 63.5
2006 50 63.7
2005 52.1 62.9
2004 53.1 66.3
2003 52.6 67.1
2002 49.2 64
2001 46.4 63.8
2000 46.8 63.7
1999 47.2 63.3
1998 46.6 64.3
1997 45.1 63.2
1996 - 62.5
1995 - 60.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/chad/south-africa | CC BY

The Economic Freedom Index for Chad is 51.2, ranking 154/197, compared to 58.6 for South Africa, ranking 110/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Chad South Africa
Services, % of GDP
33.9%
2025
63.1%
2025
Industry, % of GDP
26.7%
2025
24.1%
2025
Agriculture, forestry, and fishing, % of GDP
36.3%
2025
2.83%
2025
GNI, Atlas method
$20.4B
2025
$406B
2025
GNI per capita, PPP
$2,770
2025
$15,600
2025
Total reserves including gold
$1.55B
2024
$76B
2025
Total reserves ranking
133/177
2024
35/177
2025
Net foreign direct investment
-$26.5M
1994
-$1.85B
2025
Net inflows of foreign direct investment
$1.02B
2024
$2.33B
2024
Net outflows of foreign direct investment
$0
2024
-$1.26B
2024
Servicing debt to the IMF, % of GNI
1.91%
2024
5.74%
2024
Poverty at national poverty lines
44.8%
2022
37.9%
2022
Gross capital formation, % of GDP
20.4%
2025
13.9%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/chad/south-africa | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1913–1999, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2021–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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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.