Chad Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Chad's credit to gdp was 8.32% in 2021, ranked 9th globally. This represents a 15.1% increase from 2020. Data from World Bank, covering 1960–2021.
Overview
Chad's credit to gdp stood at 8.32% in 2021, a rise of +1.09% from 2020. Chad ranked 9th globally.
Chad's credit to GDP ratio has exhibited significant fluctuations over the past six decades. The country's credit to GDP peaked at 21.21 in 1987, a period marked by a rise in international aid and investment in the energy sector. Conversely, Chad's credit to GDP plummeted to a trough of 1.69 in 2006, largely due to a decline in foreign investment and a rise in debt servicing costs. Although Chad's credit to GDP ratio has improved in recent years, reaching 8.32 in 2021, it still lags behind several of its peers, including Timor-Leste, which boasts a ratio of 8.38. Compared to its regional counterparts, Chad's credit to GDP ratio remains relatively low, ranking 9th globally. A sustained increase in foreign investment, particularly in the extractive industries, could potentially drive Chad's credit to GDP ratio upwards, thereby improving the country's access to credit and reducing its reliance on external financing.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2021 | 8.32% | +1.09% | #9 |
| 2020 | 7.23% | −0.31% | #6 |
| 2019 | 7.54% | −0.71% | #8 |
| 2018 | 8.25% | −0.86% | #9 |
| 2017 | 9.11% | −0.56% | #9 |
| 2016 | 9.67% | +3.39% | #8 |
| 2015 | 6.28% | +0.29% | #5 |
| 2014 | 5.99% | +1.58% | #5 |
| 2013 | 4.41% | +0.39% | #4 |
| 2012 | 4.02% | +0.48% | #3 |
| 2011 | 3.54% | +0.32% | #2 |
| 2010 | 3.21% | +0.25% | #1 |
| 2009 | 2.97% | +0.59% | #2 |
| 2008 | 2.38% | +0.47% | #1 |
| 2007 | 1.91% | +0.21% | #1 |
Detected Pattern
Analysis
Chad matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw credit to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Chad's credit to gdp was 8.32% in 2021. Ranked 9th globally. This represents a 15.1% increase from the previous year.
Chad's credit to gdp peaked at 21.21% in 1987.
The lowest credit to gdp in Chad was 1.69% in 2006.
Chad ranks 9th globally in credit to gdp as of 2021.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
The credit to gdp of Chad in 2021 was 8.32%. This ranks 9th in the world.
Cite this page
@misc{historysaid_chad_credit-to-gdp,
title = {Chad Credit to GDP},
url = {https://historysaid.com/chad/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}