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TOOL · GROSS COST

How much would a basic income cost in Chad?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 10,289,880child population 9,029,184year 2023World Bank WDI

GROSS ANNUAL COST

142,123 million

in XAFFCFA 142,122,931,200

Equal to 1.3% of reference GDP

Population covered: 19,319,064 people

Adults: 10,289,880 × FCFA 800 × 12 = FCFA 98,782,848,000

Children: 9,029,184 × FCFA 400 × 12 = FCFA 43,340,083,200

FCFA 98,782,848,000 + FCFA 43,340,083,200 = FCFA 142,122,931,200

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $18,352,937,976 · World Bank WDI

Currency XAF · exchange rate 606.5698 XAF/USD (2023)

Converted cost $234,305,999 for the GDP share.