Algeria vs Guinea-Bissau: Economic Indicators Comparison
Algeria with a GDP of $173.8B ranked the 56th largest economy in the world, while Guinea-Bissau ranked 181st with $1.5B. By GDP 5-years average growth and GDP per capita, Algeria and Guinea-Bissau ranked 100th vs 44th and 119th vs 179th, respectively.
Gross Domestic Product & Income
| Stat |  Algeria |  Guinea-Bissau |
|---|---|---|
| GDP | $173.8B | $1.5B |
| GDP growth, 1 year | 2.1% | 3.8% |
| GDP growth, 5-years average | 2.8% | 4.6% |
| Population | 41.3M | 1.9M |
| GDP per capita | $4.1k | $778 |
| GDP per capita growth | -0.62% | 1.24% |
| Purchasing Power Parity conversion factor | 30.99 | 240.31 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.27 | 0.43 |
| GDP per capita, PPP adjusted | $15k | $1.9k |
| GNI, Atlas method | $162.3B | $1.4B |
| GNI per capita | $3.9k | $750 |
| GNI, PPP adjusted | $619.7B | $3.4B |
| GNI per capita, PPP adjusted | $15k | $1.8k |
Financial system and Human development
| Stat | Algeria | Guinea-Bissau |
|---|---|---|
| Income Tax Rate | 35% | 20% |
| Corporate Tax Rate | 23% | 25% |
| Inflation, consumer prices | 4.3% | 1.4% |
| Inflation, GDP deflator | 7.6% | -0.4% |
| Unemployment | 12.2% | 4.1% |
| Economic Freedom Index | 46.9 | 53.3 |
| Personal Freedom Index | 5.35 | 6.83 |
| Human Freedom Index | 5.29 | 5.97 |
| Property Rights Index | 37.9 | 41.3 |
| Judical Effectiveness Index | 35 | 48.4 |
| Business Freedom Index | 63 | 39.1 |
| Fiscal Health Index | 17.3 | 67.3 |
| Labor Freedom Index | 50.5 | 61.2 |
| Investment Freedom Index | 30 | 30 |
| Financial Freedom Index | 30 | 30 |
| Trade Freedom Index | 66.2 | 49 |
| Monetary Freedom Index | 76.2 | 82.7 |
| Government Spending Index | 52.6 | 86.7 |
| Tax Burden Index | 75.4 | 88.7 |
| Government Integrity Index | 28.3 | 14.8 |
| Corruption Perceptions Index | 35 | 16 |
| Life expectancy at birth, years | 76.5 | 57.7 |
| Suicide mortality rate, per 100,000 people | 3.2 | 4 |
| Mortality caused by road traffic injury, per 100,000 people | 23.8 | 31.1 |
| Intentional homicides, per 100,000 people | 1.4 | 1.1 |
| International tourism, number of arrivals | 2.7M | 45k |
Government debt & reserves
| Stat | Algeria | Guinea-Bissau |
|---|---|---|
| Central government debt, % of GDP | 36.9% | 56.1% |
| External debt stocks, % of GNI | 3.2% | 28.9% |
| External debt stocks | $5.7B | $420.7M |
| Short-term debt, % of total reserves | 2.7% | N/A |
| Total debt service, % of exports and primary income | 0.5% | 1.9% |
| Adjusted net savings including particulate emission damage, % of GNI | 21.2% | -11% |
| Gross savings, % of GDP | 37.8% | 8.8% |
| Gross capital formation, % of GDP | 47.1% | 10.9% |
| Total reserves including gold | $87.4B | N/A |
| Foreign direct investment net inflows | $1.5B | $20.6M |
Exports, imports and economic structure
| Stat | Algeria | Guinea-Bissau |
|---|---|---|
| Exports of goods and services, % of GDP | 25.6% | 25.3% |
| Imports of goods and services, % of GDP | 32.3% | 32.5% |
| Current account balance (balance of payments) | -$22.1B | -$54.1M |
| Revenue excluding grants, % of GDP | N/A | 12.7% |
| Grants excluding technical cooperation, BoP | $79.5M | $80M |
| Personal remittances received | $1.8B | $127.9M |
| Industry including construction value added, % of GDP | 39.6% | 12.6% |
| Agriculture, forestry and fishing value added, % of GDP | 12% | 47.5% |
| Charges for the use of intellectual property, payments BoP | $147.1M | $2.4k |
| Charges for the use of intellectual property, receipts BoP | $138k | $79k |
| Expense, % of GDP | N/A | 12.6% |
| Government Expenditure, % of GDP | 39.8% | 21.1% |
