of blue (hoist side), yellow, and red;
similar to the flag of Romania; also similar to the flags of Andorra
and Moldova, both of which have a national coat of arms centered in
the yellow band; design was based on the flag of France
Economy Chad
Economy - overview:
Chad's primarily agricultural economy will continue to be boosted
by major oilfield and pipeline projects that began in 2000. Over 80%
of Chad's population relies on subsistence farming and livestock
raising for its livelihood. Cotton, cattle, and gum arabic provide
the bulk of Chad's export earnings; Chad began to export oil in
2004. Chad's economy has long been handicapped by its landlocked
position, high energy costs, and a history of instability. Chad
relies on foreign assistance and foreign capital for most public and
private sector investment projects. A consortium led by two US
companies has been investing $3.7 billion to develop oil reserves
estimated at 1 billion barrels in southern Chad. Oil production came
on stream in late 2003.
GDP (purchasing power parity):
$15.66 billion (2004 est.)
GDP - real growth rate:
38% (2004 est.)
GDP - per capita:
purchasing power parity - $1,600 (2004 est.)
GDP - composition by sector:
agriculture: 22.6%
industry: 35.6%
services: 41.7% (2004 est.)
Labor force:
NA
Labor force - by occupation:
agriculture more than 80% (subsistence farming, herding, and
fishing)
Unemployment rate:
NA
Population below poverty line:
80% (2001 est.)
Household income or consumption by percentage share:
lowest 10%: NA
highest 10%: NA
Inflation rate (consumer prices):
8% (2004 est.)
Investment (gross fixed):
24.7% of GDP (2004 est.)
Budget:
revenues: $1.131 billion
expenditures: $957.7 million, including capital expenditures of $146
million (2004 est.)
Agriculture - products:
cotton, sorghum, millet, peanuts, rice, potatoes, manioc (tapioca);
cattle, sheep, goats, camels
Industries:
oil, cotton textiles, meatpacking, beer brewing, natron (sodium
carbonate), soap, cigarettes, construction materials
Industrial production growth rate:
5% (1995)
Electricity - production:
96.13 million kWh (2002)
Electricity - production by source:
fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (2001)
Electricity - consumption:
89.4 million kWh (2002)
Electricity - exports:
0 kWh (2002)
Electricity
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