Abstract: A new and improved interconvertible backpack and chair apparatus includes a first frame assembly which includes a pair of retractable first legs which are capable of supporting a rolled-up sleeping bag when the apparatus is in a backpack mode. The first legs serve as rear legs of a chair when the apparatus is in a chair mode. A first storage compartment is attached to the top end of the first frame assembly. A first hinge assembly connects the bottom end of the first frame assembly to the back end of a second frame assembly and permits the second frame assembly to be rotated with respect to the first frame assembly when the apparatus is shifted from a backpack mode to a chair mode and vice versa. A seat assembly is attached to the first frame assembly and is in alignment with the first storage compartment when the apparatus is in a backpack mode, and the seat assembly is oriented at right angles to the first storage compartment when the apparatus is in a chair mode.