f civil war, conflict
with Libya, drought, and food shortages. In 1986 real GDP returned to its
1977 level, with cotton, the major cash crop, accounting for 48% of exports.
Over 80% of the work force is employed in subsistence farming and fishing.
Industry is based almost entirely on the processing of agricultural
products, including cotton, sugarcane, and cattle. Chad is highly dependent
on foreign aid, with its economy in trouble and many regions suffering from
shortages. Oil companies are exploring areas north of Lake Chad and in the
Doba basin in the south. Since coming to power in December 1990, the Deby
government has experienced a year of economic chaos.
GDP:
exchange rate conversion - $1.0 billion, per capita $205; real growth rate
0.9% (1989 est.)
Inflation rate (consumer prices):
--4.9% (1989)
Unemployment rate:
NA
Budget:
entirely funded by outside donors
Exports:
$174 million (f.o.b., 1990 est.)
commodities:
cotton 48%, cattle 35%, textiles 5%, fish
partners:
France, Nigeria, Cameroon
Imports:
$264 million (c.i.f., 1990 est.)
commodities:
machinery and transportation equipment 39%, industrial goods 20%, petroleum
products 13%, foodstuffs 9%; note - excludes military equipment
partners:
US, France, Nigeria, Cameroon
External debt:
$530 million (December 1990 est.)
Industrial production:
growth rate 12.9% (1989 est.); accounts for nearly 15% of GDP
Electricity:
40,000 kW capacity; 70 million kWh produced, 15 kWh per capita (1991)
Industries:
cotton textile mills, slaughterhouses, brewery, natron (sodium carbonate),
soap, cigarettes
Agriculture:
accounts for about 45% of GDP; largely subsistence farming; cotton most
important cash crop; food crops include sorghum, millet, peanuts, rice,
potatoes, manioc; livestock - cattle, sheep, goats, camels; self-sufficient
in food in years of adequate rainfall
Economic aid:
US commitments, including Ex-Im (FY70-89), $198 million; Western (non-US)
countries, ODA and OOF bilateral commitments (1970-89), $1.5 billion; OPEC
bilateral aid (1979-89), $28 million; Communist countries (1970-89), $80
million
Currency:
Communaute Financiere Africaine franc (plural - francs); 1 CFA franc (CFAF)
= 100 centimes

:Chad Economy

Exchange rates:
Communaute Financiere Africaine Francs (CFAF) per US$1 - 269.01 (Janua