Lewes, DE -- (SBWIRE) -- 12/14/2017 -- As per International Monetary Fund (IMF) Chad's nominal gross domestic product is expected to grow at a CAGR of 3.21% from it's 2015 level of XAF 6474.07 billion and reach XAF 8074.34 billion by 2022.

Chad, officially the Republic of Chad, is a landlocked country in Central Africa. It shares its borders with Libya to the north, Sudan to the east, the Central African Republic to the south, Cameroon and Nigeria to the southwest and Niger to the west. Chad is one of the poorest and most corrupt countries in the world; most inhabitants live in poverty as subsistence herders and farmers. Since 2003, crude oil has become the country's primary source of export earnings, superseding the traditional cotton industry.

Chad had estimated population of 11.855 million in the year 2016 and expected to reach 13.45 million by 2022, growing at a CAGR of 2.18.

Chads real gross domestic product (GDP) was around XAF 5231.46 billions in 2016 whereas the nominal GDP was XAF 5987.90 billions. This resulted in GDP deflator 114.459. Per capita GDP was estimated at USD 852.159 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 2445.18.

In 2016, Chad governments revenue was XAF 777.448 billions whereas the expenditure was XAF 853.665 billions. This resulted Chad governments net lending / borrowing negative in 2016 at XAF 76.217 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.

The current account balance for Chad was estimated to be negative at USD 0.885 billions for the year 2016 and is expected to decrease at a CAGR of 11.41% and reach USD 0.577 by 2022. This negative current account balance indicates the Chad is a net borrower from the whole world.

Scope of the Chad PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Chad.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Chad.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Chad.
- These reports provide risk analysis for Chad.

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