Chad Economy
Economy - overview: Landlocked Chad's economic development suffers from its geographic remoteness, drought, lack of infrastructure, and political turmoil. About 85% of the population depends on agriculture, including the herding of livestock. Of Africa's Francophone countries, Chad benefited least from the 50% devaluation of their currencies in January 1994. Financial aid from the World Bank, the African Development Fund, and other sources is directed largely at the improvement of agriculture, especially livestock production. The World Bank's decision to back the Doba oil field development and the Chad-Cameroon pipeline will add Chad to the group of already booming West African oil exporters. However, the rank and file may not benefit much from the oil development projects.
GDP: purchasing power parity - $8.1 billion (2000 est.)
GDP - real growth rate: 4% (2000 est.)
GDP - per capita: purchasing power parity - $1,000 (2000 est.)
GDP - composition by sector: agriculture: 40%
industry: 14%
services: 46% (1998)
Population below poverty line: 64% (1995 est.)
Household income or consumption by percentage share: lowest 10%: NA%