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Algeria vs Singapore: Economic Indicators Comparison

Singapore with a GDP of $364.2B ranked the 36th largest economy in the world, while Algeria ranked 56th with $173.8B. By GDP 5-years average growth and GDP per capita, Singapore and Algeria ranked 76th vs 100th and 10th vs 119th, respectively.

Gross Domestic Product & Income

StatAlgeriaSingapore
GDP$173.8B$364.2B
GDP growth, 1 year2.1%3.2%
GDP growth, 5-years average2.8%3.3%
Population41.3M5.9M
GDP per capita$4.1k$65k
GDP per capita growth-0.62%2.66%
Purchasing Power Parity conversion factor30.990.86
Price level ratio of PPP conversion factor GDP to market exchange rate0.270.64
GDP per capita, PPP adjusted$15k$100k
GNI, Atlas method$162.3B$331.4B
GNI per capita$3.9k$59k
GNI, PPP adjusted$619.7B$533.8B
GNI per capita, PPP adjusted$15k$95k

Financial system and Human development

StatAlgeriaSingapore
Income Tax Rate35%22%
Corporate Tax Rate23%17%
Inflation, consumer prices4.3%0.4%
Inflation, GDP deflator7.6%1.9%
Unemployment12.2%3.8%
Economic Freedom Index46.989.4
Personal Freedom Index5.357.44
Human Freedom Index5.298.1
Property Rights Index37.996.8
Judical Effectiveness Index3592.9
Business Freedom Index6392.8
Fiscal Health Index17.380
Labor Freedom Index50.590.9
Investment Freedom Index3085
Financial Freedom Index3080
Trade Freedom Index66.294.8
Monetary Freedom Index76.285.6
Government Spending Index52.691.1
Tax Burden Index75.490.3
Government Integrity Index28.392.4
Corruption Perceptions Index3585
Life expectancy at birth, years76.582.9
Suicide mortality rate, per 100,000 people3.29.9
Mortality caused by road traffic injury, per 100,000 people23.82.8
Intentional homicides, per 100,000 people1.40.2
International tourism, number of arrivals2.7M14.7M

Government debt & reserves

StatAlgeriaSingapore
Central government debt, % of GDP36.9%108.3%
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%36.8%
Gross savings, % of GDP37.8%45.8%
Gross capital formation, % of GDP47.1%26.6%
Total reserves including gold$87.4B$292.7B
Foreign direct investment net inflows$1.5B$82B

Exports, imports and economic structure

StatAlgeriaSingapore
Exports of goods and services, % of GDP25.6%176.4%
Imports of goods and services, % of GDP32.3%149.8%
Current account balance (balance of payments)-$22.1B$65.1B
Revenue excluding grants, % of GDPN/A18.8%
Grants excluding technical cooperation, BoP$79.5M$1.6M
Personal remittances received$1.8BN/A
Industry including construction value added, % of GDP39.6%25.2%
Agriculture, forestry and fishing value added, % of GDP12%0%
Charges for the use of intellectual property, payments BoP$147.1M$15.2B
Charges for the use of intellectual property, receipts BoP$138k$8.7B
Expense, % of GDPN/A15.2%
Government Expenditure, % of GDP39.8%17.2%

Compare with countries close by GDP per capita

Algeria vs

CountryGDP
per capita
Population
Paraguay
$5.8k
6.8M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
15.5M
Tonga
$4.4k
105k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
190k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.34M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
52.6k
Tuvalu
$3.7k
9.88k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
754k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
101M

Singapore vs

CountryGDP
per capita
Population
Monaco
$186k
37.8k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
614k
Switzerland
$83k
8.21M
Norway
$82k
5.33M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.17M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
23.4M
Sweden
$55k
10.3M
Netherlands
$53k
17.2M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k