Chad: Recent Economic Developments

Publication Date:

July 18, 1996

Summary:

This paper reviews economic developments in Chad during 1990–95. After a noticeable deterioration during 1991–93, Chad’s economy rebounded in 1994 following the devaluation, and continued to expand in 1995. During 1991–93, economic and financial developments were characterized by persistent domestic and external imbalances, which negatively affected economic growth and increased poverty. Real GDP and import volumes stagnated, export volumes dropped by 12 percent, and the terms of trade declined by 11 percent; investment remained low, barely averaging 10 percent of GDP, and real consumption per capita declined by 15 percent.

Series:

Country Report No. 1996/061

Subject:

English

Publication Date:

July 18, 1996

ISBN/ISSN:

9781451836363/1934-7685

Stock No:

1TCDEA0011996

Pages:

110

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