Current account balance in Chad
Chad: Current account balance was -3.2% 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 % of GDP.
Analysis
In 1994, current account balance in Chad stood at -3.2%.
The figure is up 59.9% on the previous year and down 425.0% over ten years.
Over the whole period, current account balance in Chad peaked at 4.6% in 1983 and was at its lowest, -8.4%, in 1985.
Chad ranks 121st of 199 countries on this measure, 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 | % of GDP | Change |
|---|---|---|
| 1977 | -3.0% | — |
| 1978 | -4.2% | +36.7% |
| 1979 | -0.2% | -96.3% |
| 1980 | 1.2% | -871.2% |
| 1981 | 2.7% | +124.4% |
| 1982 | 2.2% | -17.0% |
| 1983 | 4.6% | +105.5% |
| 1984 | 1.0% | -78.4% |
| 1985 | -8.4% | -958.0% |
| 1986 | -5.6% | -34.2% |
| 1987 | -2.2% | -60.5% |
| 1988 | 1.7% | -178.4% |
| 1989 | -3.6% | -307.9% |
| 1990 | -2.6% | -26.6% |
| 1991 | -3.5% | +33.1% |
| 1992 | -4.6% | +30.3% |
| 1993 | -8.0% | +75.1% |
| 1994 | -3.2% | -59.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -2.5% | -4.2% | -0.2% | 3 |
| 1980s | -0.6% | -8.4% | 4.6% | 10 |
| 1990s | -4.4% | -8.0% | -2.6% | 5 |
Countries ranked near Chad
- 118 Tanzania, United Republic of -3.0% compare
- 119 Bosnia and Herzegovina -3.1%
- 120 Paraguay -3.2% compare
- 122 Cameroon -3.3% compare
- 123 Philippines -3.3% compare
- 124 Latvia -3.4%
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)
- Services, value added (constant LCU), per capita 153,774 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate -1.96 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 7.88 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9697 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 991.37 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 3.54 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 564.3 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 576,908 current LCU per person (2025)
Frequently asked questions
- What is current account balance in Chad?
- Current account balance in Chad was -3.2% 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 4.6% in 1983.
- What is the lowest current account balance recorded in Chad?
- The lowest recorded value was -8.4% in 1985.
- How does Chad rank for current account balance?
- Chad ranks 121st out of 199 countries with data for 1994.
- Is current account balance rising or falling in Chad?
- Over the last ten years it is down 425.0%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.