Economy - overview: Chad's primarily agricultural economy will be boosted by major oilfield and pipeline projects that began in 2000. Over 80% of Chad's population relies on subsistence farming and stock raising for their livelihood. Cotton, cattle, and gum arabic provide the bulk of Chad's export earnings, but Chad will begin to export oil in 2004. Chad's economy has long been handicapped by its land-locked position, high energy costs, and a history of instability. Chad relies on foreign assistance and foreign capital for most public and private sector investment projects. A consortium led by two US companies is investing $3.7 billion to develop oil reserves estimated at 1 billion barrels in southern Chad.
GDP: purchasing power parity - $8.9 billion (2001 est.)
GDP - real growth rate: 8% (2001 est.)
GDP - per capita: purchasing power parity - $1,030 (2001 est.)
GDP - composition by sector: agriculture: 38% industry: 13% services: 49% (2001 est.)
Population below poverty line: 80% (2001 est.)
Household income or consumption by percentage share: lowest 10%: NA% highest 10%: NA%
Inflation rate (consumer prices): 3% (2000 est.)
Labor force: NA
Labor force - by occupation: agriculture more than 80% (subsistence farming, herding, and fishing)