Chad is considered a developing country. A nation's stage of development is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality and quality of life. As a developing country, Chad may not be able to provide consistent social services to its citizens. These social services can include things like public education, reliable health care, and law enforcement. Citizens of developing countries can have a lower life expectancy than citizens of developed countries. Chad exports about US$3.87 billion and imports about US$2.7 billion each year. 5.9% of the country's population is unemployed. The total number of unemployed in Chad is 905,838. In Chad, 46.7% of the population lives below the poverty line. The percentage of citizens living below the poverty line in Chad is very high compared to other nations. This situation points to a number of alarming economic and political factors. It is not advisable to invest in countries with this level of poverty. Government spending on education is 3.2% of GDP. The country's Gini index is 43.3. Chad experiences poor equality. The gap between the richest and poorest citizens in this country is quite palpable. Chad has a Human Development Index (HDI) of 0.372. Chad has a lower mean HDI value. This suggests that the majority of citizens will struggle to live a worthwhile life due to flawed economic and social systems. The Global Peace Index (GPI) for Chad is 2,429. Chad's Strength Law Index is 6. Overall, it's considered fairly reasonable - bankruptcy and collateral laws can protect borrowers' and lenders' rights at least decently; Credit reports are usually sufficient and generally available.

Currency
The currency of Chad is the Central African CFA franc. The plural form of the word Central African CFA franc is CFA francs. The symbol used for this currency is Fr and is abbreviated as XAF. The Central African CFA franc is subdivided into centimes; there are 100 in a CFA franc.

Credit rating
Creditworthiness is the degree to which international investors trust a country to pay off debt and honor the country's lending commitments. There is no information on the creditworthiness of Chad.

Central bank
The base rate of commercial banks in Chad is 15.5. In Chad, the institution that manages the state's currency, money supply and interest rates is called the Bank of Central African States. Locally, the central bank of Chad is called the Banque des États de l'Afrique Centrale, BEAC. The average interest rate on deposits offered by local banks in Chad is 2.6%.

National debt
Chad has a public debt equal to 8.5% of the country's gross domestic product (GDP) as estimated in 2013.

Tax information
Corporate tax in Chad is 40%. The VAT in Chad is 18%.

Finances
The total Gross Domestic Product (GDP) valued at Purchasing Power Parity (PPP) in Chad is US$29641 billion. The gross domestic product (GDP) per capita calculated as purchasing power parity (PPP) in Chad was last at 2 million US dollars. PPP in Chad is considered below average compared to other countries. Below-average PPPs indicate that citizens in this country find it difficult to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with below-average purchasing power parities are dangerous locations for investments. The total gross domestic product (GDP) in Chad is 10,640 billion. Based on this statistic, Chad is considered to be of medium economic strength. Middle economy countries support an average number of industries and investment opportunities. It shouldn't be too difficult to find worthwhile investment opportunities in mid-sized economies. Chad's gross domestic product (GDP) per capita was last seen at $1 million. The average citizen in Chad has very little wealth. Countries with very low wealth per capita often have lower life expectancies and a dramatically lower quality of life for their citizens. In countries with very low levels of prosperity, it can be very difficult to find a highly skilled workforce as it is difficult for citizens to obtain the education required for specialized industries. Compared to countries with