Algeria vs Equatorial Guinea: Economic Indicators Comparison

Algeria with a GDP of $173.8B ranked the 56th largest economy in the world, while Equatorial Guinea ranked 132nd with $13.4B. By GDP 5-years average growth and GDP per capita, Algeria and Equatorial Guinea ranked 100th vs 179th and 119th vs 73rd, respectively.

Gross Domestic Product & Income

StatAlgeriaEquatorial Guinea
GDP$173.8B$13.4B
GDP growth, 1 year2.1%-5.7%
GDP growth, 5-years average2.8%-5.6%
Population41.3M1.3M
GDP per capita$4.1k$10k
GDP per capita growth-0.62%-9.5%
Purchasing Power Parity conversion factor30.99250.74
Price level ratio of PPP conversion factor GDP to market exchange rate0.270.45
GDP per capita, PPP adjusted$15k$23k
GNI, Atlas method$162.3B$9B
GNI per capita$3.9k$6.8k
GNI, PPP adjusted$619.7B$22.9B
GNI per capita, PPP adjusted$15k$17k

Financial system and Human development

StatAlgeriaEquatorial Guinea
Income Tax Rate35%35%
Corporate Tax Rate23%35%
Inflation, consumer prices4.3%1.3%
Inflation, GDP deflator7.6%11.2%
Unemployment12.2%9.2%
Economic Freedom Index46.948.3
Personal Freedom Index5.356.6
Human Freedom Index5.296.6
Property Rights Index37.938.1
Judical Effectiveness Index3519.5
Business Freedom Index6337.5
Fiscal Health Index17.377.2
Labor Freedom Index50.534.2
Investment Freedom Index3040
Financial Freedom Index3030
Trade Freedom Index66.248.8
Monetary Freedom Index76.278.1
Government Spending Index52.686.4
Tax Burden Index75.475.1
Government Integrity Index28.315.1
Corruption Perceptions Index3516
Life expectancy at birth, years76.558.1
Suicide mortality rate, per 100,000 people3.216.4
Mortality caused by road traffic injury, per 100,000 people23.824.6
Intentional homicides, per 100,000 people1.42.3
International tourism, number of arrivals2.7MN/A

Government debt & reserves

StatAlgeriaEquatorial Guinea
Central government debt, % of GDP36.9%35.9%
External debt stocks, % of GNI3.2%N/A
External debt stocks$5.7BN/A
Short-term debt, % of total reserves2.7%N/A
Total debt service, % of exports and primary income0.5%N/A
Adjusted net savings including particulate emission damage, % of GNI21.2%N/A
Gross savings, % of GDP37.8%N/A
Gross capital formation, % of GDP47.1%15.5%
Total reserves including gold$87.4B$48.9M
Foreign direct investment net inflows$1.5B$395.9M

Exports, imports and economic structure

StatAlgeriaEquatorial Guinea
Exports of goods and services, % of GDP25.6%58.1%
Imports of goods and services, % of GDP32.3%43.3%
Current account balance (balance of payments)-$22.1B-$344M
Revenue excluding grants, % of GDPN/A17.2%
Grants excluding technical cooperation, BoP$79.5M$7.2M
Personal remittances received$1.8B$164k
Industry including construction value added, % of GDP39.6%56.7%
Agriculture, forestry and fishing value added, % of GDP12%2.4%
Charges for the use of intellectual property, payments BoP$147.1MN/A
Charges for the use of intellectual property, receipts BoP$138kN/A
Expense, % of GDPN/A9.8%
Government Expenditure, % of GDP39.8%21.3%

Compare with countries close by GDP per capita

Algeria vs

CountryGDP
per capita
Population
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M

Equatorial Guinea vs

CountryGDP
per capita
Population
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k