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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 Economy Chad Economy - overview: Chad's primarily agricultural economy will continue to be boosted by major oilfield and pipeline projects that began in 2000. Over 80% of Chad's population relies on subsistence farming and livestock raising for its livelihood. Cotton, cattle, and gum arabic provide the bulk of Chad's export earnings; Chad began to export oil in 2004. 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. Oil production came on stream in late 2003. GDP (purchasing power parity): $15.66 billion (2004 est.) GDP - real growth rate: 38% (2004 est.) GDP - per capita: purchasing power parity - $1,600 (2004 est.) GDP - composition by sector: agriculture: 22.6% industry: 35.6% services: 41.7% (2004 est.) Labor force: NA Labor force - by occupation: agriculture more than 80% (subsistence farming, herding, and fishing) Unemployment rate: NA Population below poverty line: 80% (2001 est.) Household income or consumption by percentage share: lowest 10%: NA highest 10%: NA Inflation rate (consumer prices): 8% (2004 est.) Investment (gross fixed): 24.7% of GDP (2004 est.) Budget: revenues: $1.131 billion expenditures: $957.7 million, including capital expenditures of $146 million (2004 est.) Agriculture - products: cotton, sorghum, millet, peanuts, rice, potatoes, manioc (tapioca); cattle, sheep, goats, camels Industries: oil, cotton textiles, meatpacking, beer brewing, natron (sodium carbonate), soap, cigarettes, construction materials Industrial production growth rate: 5% (1995) Electricity - production: 96.13 million kWh (2002) Electricity - production by source: fossil fuel: 100% hydro: 0% nuclear: 0% other: 0% (2001) Electricity - consumption: 89.4 million kWh (2002) Electricity - exports: 0 kWh (2002) Electricity
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