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 Chad (2008)Chad (2007)
 ChadChad
Background Chad, part of France's African holdings until 1960, endured three decades of civil warfare as well as invasions by Libya before a semblance of peace was finally restored in 1990. The government eventually drafted a democratic constitution, and held flawed presidential elections in 1996 and 2001. In 1998, a rebellion broke out in northern Chad, which has sporadically flared up despite several peace agreements between the government and the rebels. In 2005, new rebel groups emerged in western Sudan and made probing attacks into eastern Chad, despite signing peace agreements in December 2006 and October 2007. Power remains in the hands of an ethnic minority. In June 2005, President Idriss DEBY held a referendum successfully removing constitutional term limits and won another controversial election in 2006. Sporadic rebel campaigns continued throughout 2006 and 2007, and the capital experienced a significant rebel threat in early 2008. Chad, part of France's African holdings until 1960, endured three decades of civil warfare as well as invasions by Libya before a semblance of peace was finally restored in 1990. The government eventually drafted a democratic constitution, and held flawed presidential elections in 1996 and 2001. In 1998, a rebellion broke out in northern Chad, which sporadically flares up despite several peace agreements between the government and the rebels. In 2005 new rebel groups emerged in western Sudan and have made probing attacks into eastern Chad. Power remains in the hands of an ethnic minority. In June 2005, President Idriss DEBY held a referendum successfully removing constitutional term limits.
Budget revenues: $1.889 billion


expenditures: $1.473 billion (2007 est.)
revenues: $990.6 million


expenditures: $1.038 billion (2006 est.)
Debt - external $1.6 billion (2005 est.) $1.5 billion (2003 est.)
Economy - overview Chad's primarily agricultural economy will continue to be boosted by major foreign direct investment projects in the oil sector that began in 2000. Over 80% of Chad's population relies on subsistence farming and livestock raising for its livelihood. 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. Chinese companies are also expanding exploration efforts and plan to build a refinery. The nation's total oil reserves have been estimated to be 1.5 billion barrels. Oil production came on stream in late 2003. Chad began to export oil in 2004. Cotton, cattle, and gum arabic provide the bulk of Chad's non-oil export earnings. Chad's primarily agricultural economy will continue to be boosted by major foreign direct investment projects in the oil sector that began in 2000. Over 80% of Chad's population relies on subsistence farming and livestock raising for its livelihood. 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. The nation's total oil reserves have been estimated to be 2 billion barrels. Oil production came on stream in late 2003. Chad began to export oil in 2004. Cotton, cattle, and gum arabic provide the bulk of Chad's non-oil export earnings.
Exchange rates Communaute Financiere Africaine francs (XAF) per US dollar - 480.1 (2007), 522.59 (2006), 527.47 (2005), 528.29 (2004), 581.2 (2003) Communaute Financiere Africaine francs (XAF) per US dollar - 522.59 (2006), 527.47 (2005), 528.29 (2004), 581.2 (2003), 696.99 (2002)
Exports - commodities oil, cattle, cotton, gum arabic cotton, cattle, gum arabic, oil
Flag description three equal vertical bands of blue (hoist side), yellow, and red


note: 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
three equal vertical bands 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
GDP - composition by sector agriculture: 22.2%


industry: 47.2%


services: 30.6% (2007 est.)
agriculture: 22.7%


industry: 47%


services: 30.3% (2006 est.)
GDP - real growth rate -1.3% (2007 est.) 1.3% (2006 est.)
Imports 1,316 bbl/day (2004) NA bbl/day
Imports - partners France 18.6%, Cameroon 17.6%, US 12.5%, Germany 7.4%, Saudi Arabia 5%, Belgium 4.9% (2006) France 18.7%, Cameroon 17.6%, US 12.6%, Germany 7.4%, Saudi Arabia 5%, Belgium 4.9% (2006)
Industrial production growth rate -0.5% (2007 est.) 5% (1995)
Inflation rate (consumer prices) 4% (2007 est.) 8% (2006 est.)
International organization participation ACCT, ACP, AfDB, AU, BDEAC, CEMAC, FAO, FZ, G-77, IAEA, IBRD, ICAO, ICCt, ICRM, IDA, IDB, IFAD, IFC, IFRCS, ILO, IMF, Interpol, IOC, ITSO, ITU, ITUC, MIGA, NAM, OIC, OIF, OPCW, UN, UNCTAD, UNESCO, UNIDO, UNOCI, UNWTO, UPU, WCL, WCO, WHO, WIPO, WMO, WTO ACCT, ACP, AfDB, AU, BDEAC, CEMAC, FAO, FZ, G-77, IAEA, IBRD, ICAO, ICCt, ICRM, IDA, IDB, IFAD, IFC, IFRCS, ILO, IMF, Interpol, IOC, ITSO, ITU, ITUC, MIGA, NAM, OIC, OIF, ONUB, OPCW, UN, UNCTAD, UNESCO, UNIDO, UNOCI, UNWTO, UPU, WCL, WCO, WHO, WIPO, WMO, WTO
Labor force 3.747 million (2006) 2.719 million (1993)
Labor force - by occupation agriculture: 80% (subsistence farming, herding, and fishing)


industry and services: 20% (2006 est.)
agriculture: 80% (subsistence farming, herding, and fishing)


industry and services: 20% (1993)
Pipelines oil 250 km (2007) oil 205 km (2006)
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