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Laboratoire de la finance africaine

Chad (CEMAC)

Preview 2018
Projected Real GDP Growth (% Change) : 2.4
GDP (current, USD Bn) : 11.30
Projected Consumer Prices (% Change) : 3
Country Population : 13.1 million
Economic performance and outlook

After two years of recession (2016 and 2017) following the fall in the price of oil, which led to a debt crisis, real GDP growth turned positive, reaching 2.4% in 2018 and 2019, driven by the good performance of grain (up 1.2% in 2019), cotton (142%), and oil production (14%, or 146,000 barrels a day).

(Download detailed Analysis Source : Report African Economic Outlook 2020 ; AfDB)

Financial markets

In the end of 2019, the banking sector of Chad (member of the CEMAC) represented a total asset of $ 1.7 billion.

Credit distributed to private sector in 2019 represents $ 1 billion.