Currency: Communaute Financiere Africaine franc (XAF); note - responsible authority is the Bank of the Central African States

GDP(per capita): $1,500 (2005 est.)

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. The nation's total oil reserves has 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.

Exports: cotton, cattle, gum arabic, oil

Import: machinery and transportation equipment, industrial goods, foodstuffs, textiles

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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 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.

Independence Day: 11 August 1960 (from France)

Capital City: N'Djamena
Administrative divisions: 14 prefectures (prefectures, singular - prefecture); Batha, Biltine, Borkou-Ennedi-Tibesti, Chari-Baguirmi, Guera, Kanem, Lac, Logone Occidental, Logone Oriental, Mayo-Kebbi, Moyen-Chari, Ouaddai, Salamat, Tandjile
note: instead of 14 prefectures, there may be a new administrative structure of 28 departments (departments, singular - department) and 1 city*; Assongha, Baguirmi, Bahr El Gazal, Bahr Koh, Batha Oriental, Batha Occidental, Biltine, Borkou, Dababa, Ennedi, Guera, Hadjer Lamis, Kabia, Kanem, Lac, Lac Iro, Logone Occidental, Logone Oriental, Mandoul, Mayo-Boneye, Mayo-Dallah, Monts de Lam, N'Djamena*, Ouaddai, Salamat, Sila, Tandjile Oriental, Tandjile Occidental, Tibesti