In 2021, the Chadian economy grew by 0.6 percent after contracting by 2.2 percent in 2020. With lower food prices, inflation was -0.9 percent in 2021 after reaching 4.5 percent in 2020. In March 2022, the BEAC adopted measures to strengthen CEMAC's foreign exchange reserves (raising its tender interest rate and the marginal lending facility rate). The current account deficit narrowed from 8.1 percent in 2020 to 3.9 percent. Foreign exchange reserves averaged 3.4 months of imports in 2021/22. (Download detailed Analysis Source : Report African Economic Outlook 2022 ; AfDB)
Chad is a member of the Economic and Monetary Community of Central Africa (CEMAC) and of the Central African Stock Exchange (BVMAC), a stock exchange common to all six (6) countries of the union. At the end of December 2022, BVMAC had six listed companies representing a market capitalization of $0.1 billion. Over the period 2017-2021, foreign direct investment flows to Chad show an upward trend, from $363.4 million in 2017 to $562.2 million in 2021, with a 1% increase between 2020 and 2021.
