Andorra vs Papua New Guinea: Economic Indicators Comparison

Papua New Guinea with a GDP of $23.5B ranked the 114th largest economy in the world, while Andorra ranked 165th with $3.2B. By GDP per capita, Papua New Guinea and Andorra ranked 137th vs 24th, respectively.

Gross Domestic Product & Income

StatAndorraPapua New Guinea
GDP$3.2B$23.5B
GDP growth, 1 year1.63%0%
GDP growth, 5-years averageN/A5%
Population76k8.3M
GDP per capita$42k$2.7k
GDP per capita growth1.62%-2.76%
Purchasing Power Parity conversion factorN/A2.06
Price level ratio of PPP conversion factor GDP to market exchange rateN/A0.63
GDP per capita, PPP adjusted$37k$3.7k
GNI, Atlas methodN/A$22.1B
GNI per capitaN/A$2.6k
GNI, PPP adjustedN/A$36.3B
GNI per capita, PPP adjustedN/A$4.2k

Financial system and Human development

StatAndorraPapua New Guinea
Income Tax RateN/A42%
Corporate Tax RateN/A30%
Inflation, consumer pricesN/A4.7%
Inflation, GDP deflator0.9%7.1%
UnemploymentN/A2.4%
Economic Freedom Index7258.4
Personal Freedom Index8.47.24
Human Freedom Index8.46.99
Property Rights IndexN/A54.9
Judical Effectiveness IndexN/A48.4
Business Freedom IndexN/A58.4
Fiscal Health IndexN/A76.4
Labor Freedom IndexN/A69.6
Investment Freedom IndexN/A25
Financial Freedom IndexN/A30
Trade Freedom IndexN/A79.8
Monetary Freedom IndexN/A70.7
Government Spending IndexN/A86.4
Tax Burden IndexN/A71.5
Government Integrity IndexN/A29.7
Corruption Perceptions Index8428
Life expectancy at birth, years8364
Suicide mortality rate, per 100,000 people0.56
Mortality caused by road traffic injury, per 100,000 people7.614.2
Intentional homicides, per 100,000 people07.9
International tourism, number of arrivals3M140k

Government debt & reserves

StatAndorraPapua New Guinea
Central government debt, % of GDPN/A36.9%
External debt stocks, % of GNIN/A78.4%
External debt stocksN/A$17.7B
Short-term debt, % of total reservesN/A20.6%
Total debt service, % of exports and primary incomeN/A26.1%
Adjusted net savings including particulate emission damage, % of GNIN/A4.9%
Gross savings, % of GDPN/A30.4%
Gross capital formation, % of GDPN/A20%
Total reserves including goldN/A$2.2B
Foreign direct investment net inflowsN/A$335.2M

Exports, imports and economic structure

StatAndorraPapua New Guinea
Exports of goods and services, % of GDPN/A72.2%
Imports of goods and services, % of GDPN/A58.9%
Current account balance (balance of payments)N/A$5.5B
Revenue excluding grants, % of GDPN/A15.9%
Grants excluding technical cooperation, BoPN/A$268.9M
Personal remittances receivedN/A$2.9M
Industry including construction value added, % of GDP9.9%36.4%
Agriculture, forestry and fishing value added, % of GDP0.5%17.6%
Charges for the use of intellectual property, payments BoPN/A$139k
Charges for the use of intellectual property, receipts BoPN/AN/A
Expense, % of GDPN/A19.1%
Government Expenditure, % of GDPN/A21.3%

Compare with countries close by GDP per capita

Andorra vs

CountryGDP
per capita
Population
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M

Papua New Guinea vs

CountryGDP
per capita
Population
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
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M