Current account balance in Chad
Chad: Current account balance was -37.74 million BoP, current US$ in 1994. ◆ Volatile
Current account balance in Chad, 1977–1994
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for current account balance in Chad is -37.74 million BoP, current US$, measured in 1994.
Compared with earlier readings it is up 67.6% on the previous year and down 517.3% over ten years.
Over the whole period, current account balance in Chad peaked at 37.98 million BoP, current US$ in 1983 and was at its lowest, -116.64 million BoP, current US$, in 1993.
That places Chad 81st out of 200 countries with data for 1994, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance in Chad, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | -28.52 million BoP, current US$ | — |
| 1978 | -46.44 million BoP, current US$ | +62.8% |
| 1979 | -1.55 million BoP, current US$ | -96.7% |
| 1980 | 12.31 million BoP, current US$ | -893.3% |
| 1981 | 23.44 million BoP, current US$ | +90.5% |
| 1982 | 18.53 million BoP, current US$ | -21.0% |
| 1983 | 37.98 million BoP, current US$ | +105.0% |
| 1984 | 9.05 million BoP, current US$ | -76.2% |
| 1985 | -87.24 million BoP, current US$ | -1064.4% |
| 1986 | -59.37 million BoP, current US$ | -31.9% |
| 1987 | -25.53 million BoP, current US$ | -57.0% |
| 1988 | 25.51 million BoP, current US$ | -199.9% |
| 1989 | -51.28 million BoP, current US$ | -301.0% |
| 1990 | -45.62 million BoP, current US$ | -11.0% |
| 1991 | -65.57 million BoP, current US$ | +43.7% |
| 1992 | -85.69 million BoP, current US$ | +30.7% |
| 1993 | -116.64 million BoP, current US$ | +36.1% |
| 1994 | -37.74 million BoP, current US$ | -67.6% |
Chad compared with similar countries
- Chad's -37.74 million BoP, current US$ is above the median for low income countries, which is -984.26 million BoP, current US$, 4% of the median. (23 countries reporting)
- Chad's -37.74 million BoP, current US$ is above the median for Sub-Saharan Africa, which is -749.01 million BoP, current US$, 5% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Current account balance in Chad changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1985 | -1064.4% | 9.05 million BoP, current US$ | -87.24 million BoP, current US$ |
| 1980 | +893.3% | -1.55 million BoP, current US$ | 12.31 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -25.50 million BoP, current US$ | -46.44 million BoP, current US$ | -1.55 million BoP, current US$ | 3 |
| 1980s | -9.66 million BoP, current US$ | -87.24 million BoP, current US$ | 37.98 million BoP, current US$ | 10 |
| 1990s | -70.25 million BoP, current US$ | -116.64 million BoP, current US$ | -37.74 million BoP, current US$ | 5 |
Countries ranked near Chad
- 78 Togo -20.74 million BoP, current US$ compare
- 79 Comoros -24.62 million BoP, current US$ compare
- 80 Central African Republic -24.68 million BoP, current US$ compare
- 82 Tonga -43.52 million BoP, current US$ compare
- 83 Kiribati -61.35 million BoP, current US$ compare
- 84 Solomon Islands -66.23 million BoP, current US$ compare
More economy & growth data for Chad
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP -0.2407 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.66 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -2.15 million BoP, current US$ (1999)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0014 BoP, current US$ per US$ of GDP (1999)
- Foreign direct investment, net outflows (BoP, current US$), per capita -0.2611 BoP, current US$ per person (1999)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.02 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 11.62 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0512 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 50.22 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 47.42 % change on previous year (2024)
Frequently asked questions
- What is current account balance in Chad?
- Current account balance in Chad was -37.74 million BoP, current US$ in 1994, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Chad?
- The highest recorded value was 37.98 million BoP, current US$ in 1983.
- What is the lowest current account balance recorded in Chad?
- The lowest recorded value was -116.64 million BoP, current US$ in 1993.
- How does Chad rank for current account balance?
- Chad ranks 81st out of 200 countries with data for 1994.
- Is current account balance rising or falling in Chad?
- Over the last ten years it is down 517.3%. The long-run trend across the full record is volatile.
- Where does this Chad data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.