What is the GDP per capita income of Chad?

GDP per capita in Chad is expected to reach 700.00 USD by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chad GDP per capita is projected to trend around 765.00 USD in 2021 and 820.00 USD in 2022, according to our econometric models.

What is the per capita of Chad?

Chad gdp per capita for 2019 was $710, a 2.29% decline from 2018. Chad gdp per capita for 2018 was $726, a 9.04% increase from 2017. Chad gdp per capita for 2017 was $666, a 3.97% decline from 2016.

What is the average income in Chad?

The average person in Chad makes around $740.00 every year. The average income, in one week, for the average male or female in the country of Chad is $14.23. That’s means they average $2.03 a day!

What is the average annual income in Chad in US dollars?

In 2020, GDP per capita for Chad was 640 US dollars. GDP per capita of Chad increased from 223 US dollars in 2001 to 640 US dollars in 2020 growing at an average annual rate of 7.06%.

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Is Chad a low income country?

While a low GDP per capita at PPP is standard for developing nations, Chad has one of the lowest GDP per capita at PPP in the world. … However, Chad’s low incomes do not allow for this poverty cycle to be broken, so Chad remains a developing nation.

Does Chad have a good economy?

GDP: purchasing power parity – $28.62 billion (2017 est.) … Gross national saving: 15.5% of GDP (2017 est.) GDP – composition by sector: agriculture: 52.3% (2017 est.)

What is the most common job in Chad?

Most of the local residents, however, still work in subsistence agriculture or cotton production, which together account for around 85% of all jobs in the country.

Why is Chad in poverty?

Mismanagement, corruption, conflict and a harsh climate did the country no favors, and Chad has consistently remained one of the poorest countries in Africa. Over half of Chad’s population lives in poverty; this is partly a result of the harsh geographical conditions.

Does Chad have free healthcare?

In Chad, access to care is provided through four main mechanisms: direct payment, free access to selected services, health insurance and health mutual. The out-of-pocket payment is the most common mechanism of healthcare financing, as it represents about 50%7 of total health expenditure.

What is the literacy rate in Chad?

Adult literacy rate is the percentage of people ages 15 and above who can both read and write with understanding a short simple statement about their everyday life. Chad literacy rate for 2016 was 22.31%, a 3.69% decline from 2015.

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What is the value of goods and services produced per person Chad?

GDP is the total value of all goods and services produced in a country in a year. It is considered to be a very important indicator of the economic strength of a country and a positive change is an indicator of economic growth. In 2020, the estimated GDP per capita in Chad amounted to around 653.98 U.S. dollars.

Why is Chad dangerous?

Chad is extremely dangerous due to the risk of terrorism, kidnapping, unrest and violent crime. … Violent conflict with armed rebels has occurred in northern Chad following national elections on 11 April. Terrorist attacks are also a major risk in Chad, especially by the Nigerian militant group Boko Haram.

Is Chad poor or rich?

Chad is one of the poorest and most corrupt countries in the world; most of its inhabitants live in poverty as subsistence herders and farmers. Since 2003 crude oil has become the country’s primary source of export earnings, superseding the traditional cotton industry.

Is Chad a 3rd world country?

Niger (0.354) Central African Republic (0.367) South Sudan (0.388) Chad (0.404)

Third World Countries 2021.

Country Human Development Index 2021 Population
Chad 0.404 16,914,985
Burundi 0.417 12,255,433
Sierra Leone 0.419 8,141,343
Burkina Faso 0.423 21,497,096
Across the Sahara