Chad | GDP (current US$)
GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Limitations and exceptions: Gross domestic product (GDP), though widely tracked, may not always be the most relevant summary of aggregated economic performance for all economies, especially when production occurs at the expense of consuming capital stock. While GDP estimates based on the production approach are generally more reliable than estimates compiled from the income or expenditure side, different countries use different definitions, methods, and reporting standards. World Bank staff review the quality of national accounts data and sometimes make adjustments to improve consistency with international guidelines. Nevertheless, significant discrepancies remain between international standards and actual practice. Many statistical offices, especially those in developing countries, face severe limitations in the resources, time, training, and budgets required to produce reliable and comprehensive series of national accounts statistics. Among the difficulties faced by compilers of national accounts is the extent of unreported economic activity in the informal or secondary economy. In developing countries a large share of agricultural output is either not exchanged (because it is consumed within the household) or not exchanged for money. Statistical concept and methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices.
Publisher
The World Bank
Origin
Republic of Chad
Records
63
Source
Chad | GDP (current US$)
1960 313582728.14757
1961 333975336.11072
1962 357635713.41932
1963 371767002.19489
1964 392247517.72848
1965 416926303.31687
1966 432794921.68049
1967 449826322.61345
1968 453980096.20871
1969 471635621.5616
1970 469266736.65068
1971 501866730.14899
1972 585427546.79827
1973 647199482.98254
1974 652532795.08481
1975 864602104.67965
1976 866044962.01627
1977 935360464.70134
1978 1113920123.7672
1979 1004316496.3505
1980 1033002403.853
1981 876937558.27376
1982 834369859.66302
1983 832415806.01006
1984 919103734.877
1985 1033069709.3319
1986 1067828245.8621
1987 1163426852.2044
1988 1482597297.9882
1989 1433686312.0291
1990 1738605557.7631
1991 1877137981.7571
1992 1881847669.6979
1993 1463251163.9188
1994 1179837963.2221
1995 1445919894.5766
1996 1607345355.783
1997 1544689576.9271
1998 1744794531.214
1999 1534673583.2487
2000 1388506771.5876
2001 1710843377.0012
2002 1997005708.8158
2003 2742815071.5744
2004 4422855660.8259
2005 6649307523.6438
2006 7428701453.9151
2007 8650137743.3255
2008 10393833765.365
2009 9290728318.9882
2010 10668103554.119
2011 12172308851.039
2012 12367362757.134
2013 12953534866.429
2014 13940767218.585
2015 10950392256.954
2016 10097778098.171
2017 10000394381.018
2018 11239167898.34
2019 11314951091.728
2020 10715396042.334
2021 11779981332.863
2022 12704149840.228
Chad | GDP (current US$)
GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Limitations and exceptions: Gross domestic product (GDP), though widely tracked, may not always be the most relevant summary of aggregated economic performance for all economies, especially when production occurs at the expense of consuming capital stock. While GDP estimates based on the production approach are generally more reliable than estimates compiled from the income or expenditure side, different countries use different definitions, methods, and reporting standards. World Bank staff review the quality of national accounts data and sometimes make adjustments to improve consistency with international guidelines. Nevertheless, significant discrepancies remain between international standards and actual practice. Many statistical offices, especially those in developing countries, face severe limitations in the resources, time, training, and budgets required to produce reliable and comprehensive series of national accounts statistics. Among the difficulties faced by compilers of national accounts is the extent of unreported economic activity in the informal or secondary economy. In developing countries a large share of agricultural output is either not exchanged (because it is consumed within the household) or not exchanged for money. Statistical concept and methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices.
Publisher
The World Bank
Origin
Republic of Chad
Records
63
Source