Chad Population Growth Rate TCDPOPGR Economic
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What is Chad Population Growth Rate?
The Chad Population Growth Rate (TCDPOPGR) measures the annual percentage change in Chad's total population. This demographic metric is crucial for economists and policymakers as it directly influences labor supply, consumer demand, and the strain on public services like education and healthcare. A higher growth rate can signal a young, expanding workforce but also potential challenges in job creation and resource allocation. Conversely, a declining rate might suggest an aging population and a shrinking labor force, impacting economic productivity and pension systems. This indicator is calculated by subtracting the number of deaths and emigrants from the number of births and immigrants over a one-year period, then dividing by the initial population and multiplying by 100. Sustained increases in TCDPOPGR often correlate with higher birth rates and potentially improving living conditions, while decreases can point to factors like emigration, lower fertility rates, or increased mortality. Monitoring TCDPOPGR helps in forecasting future economic trends and designing appropriate social and economic policies.
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