Insurance and financial services (% of commercial service imports) in Chad
Chad: Insurance and financial services (% of commercial service imports) was 1.5% in 1994. ▲ Rising
Insurance and financial services in Chad, 1977–1994
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.
Analysis
In 1994, insurance and financial services in Chad stood at 1.5%.
The figure is down 70.2% on the previous year and down 70.3% over ten years.
Over the whole period, insurance and financial services in Chad peaked at 7.1% in 1991 and was at its lowest, 0.1%, in 1979.
Chad ranks 186th of 197 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Insurance and financial services (% of commercial service imports) in Chad, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1977 | 5.8% | — |
| 1978 | 6.1% | +4.7% |
| 1979 | 0.1% | -98.3% |
| 1980 | 0.9% | +725.0% |
| 1981 | 0.8% | -3.0% |
| 1982 | 2.1% | +151.0% |
| 1983 | 4.8% | +128.4% |
| 1984 | 5.1% | +7.0% |
| 1985 | 5.0% | -2.0% |
| 1986 | 6.1% | +20.6% |
| 1987 | 5.6% | -8.1% |
| 1988 | 5.5% | -1.6% |
| 1989 | 5.8% | +6.4% |
| 1990 | 4.4% | -23.9% |
| 1991 | 7.1% | +59.7% |
| 1992 | 5.0% | -29.0% |
| 1993 | 5.1% | +1.5% |
| 1994 | 1.5% | -70.2% |
Chad compared with similar countries
- Chad's 1.5% is below the median for low income countries, which is 4.4%, 34% of the median. (22 countries reporting)
- Chad's 1.5% is below the median for Sub-Saharan Africa, which is 4.9%, 31% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services (% of commercial service imports) in Chad changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1980 | +725.0% | 0.1% | 0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.0% | 0.1% | 6.1% | 3 |
| 1980s | 4.2% | 0.8% | 6.1% | 10 |
| 1990s | 4.6% | 1.5% | 7.1% | 5 |
Countries ranked near Chad
- 183 Montenegro 1.6%
- 184 Russia 1.6%
- 185 South Sudan 1.6%
- 187 Laos 1.5% compare
- 188 Afghanistan 1.4% compare
- 189 Israel 1.3% compare
More private sector data for Chad
- Merchandise trade 28.9% (2025)
- Food imports 24.3% (1995)
- Manufactures imports 56.5% (1995)
- Merchandise imports 2.20 billion current US$ (2025)
- Commercial service imports 174.23 million current US$ (1994)
- Food exports 16.2% (1975)
- Manufactures exports 7.7% (1975)
- Merchandise exports 4.00 billion current US$ (2025)
- Commercial service exports 23.41 million current US$ (1994)
- Merchandise exports (current US$), per capita 190.44 current US$ per person (2025)
Frequently asked questions
- What is insurance and financial services in Chad?
- Insurance and financial services in Chad was 1.5% in 1994, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Chad?
- The highest recorded value was 7.1% in 1991.
- What is the lowest insurance and financial services recorded in Chad?
- The lowest recorded value was 0.1% in 1979.
- How does Chad rank for insurance and financial services?
- Chad ranks 186th out of 197 countries with data for 1994.
- Is insurance and financial services rising or falling in Chad?
- Over the last ten years it is down 70.3%. The long-run trend across the full record is rising.
- Where does this Chad data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of commercial service imports). Statizoid updates them automatically from the source API.
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About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service imports which are commercial services provided by non-residents to residents.