Azerbaijan vs Benin: Economic Indicators Comparison

Azerbaijan with a GDP of $46.9B ranked the 88th largest economy in the world, while Benin ranked 143rd with $10.4B. By GDP 5-years average growth and GDP per capita, Azerbaijan and Benin ranked 164th vs 34th and 110th vs 173rd, respectively.

Gross Domestic Product & Income

StatAzerbaijanBenin
GDP$46.9B$10.4B
GDP growth, 1 year1.4%6.5%
GDP growth, 5-years average0.4%5%
Population10M11.2M
GDP per capita$4.7k$902
GDP per capita growth0.51%3.98%
Purchasing Power Parity conversion factor0.44206.52
Price level ratio of PPP conversion factor GDP to market exchange rate0.260.37
GDP per capita, PPP adjusted$18k$2.4k
GNI, Atlas method$40.3B$10B
GNI per capita$4.1k$870
GNI, PPP adjusted$170B$27.6B
GNI per capita, PPP adjusted$17k$2.4k

Financial system and Human development

StatAzerbaijanBenin
Income Tax Rate25%45%
Corporate Tax Rate20%30%
Inflation, consumer prices2.3%1%
Inflation, GDP deflator11.9%0%
Unemployment5.2%2.1%
Economic Freedom Index69.355.2
Personal Freedom Index6.737.46
Human Freedom Index6.446.85
Property Rights Index67.141.3
Judical Effectiveness Index53.936.4
Business Freedom Index80.858
Fiscal Health Index99.246.6
Labor Freedom Index66.253.7
Investment Freedom Index7060
Financial Freedom Index6050
Trade Freedom Index74.649.4
Monetary Freedom Index69.884.3
Government Spending Index6384.2
Tax Burden Index8869
Government Integrity Index38.729.6
Corruption Perceptions Index2540
Life expectancy at birth, years72.761.2
Suicide mortality rate, per 100,000 people2.69.9
Mortality caused by road traffic injury, per 100,000 people8.727.5
Intentional homicides, per 100,000 people21.1
International tourism, number of arrivals2.6M295k

Government debt & reserves

StatAzerbaijanBenin
Central government debt, % of GDP19.4%54.6%
External debt stocks, % of GNI36.4%35.9%
External debt stocks$16.2B$3.7B
Short-term debt, % of total reserves8.5%N/A
Total debt service, % of exports and primary income10.5%7.8%
Adjusted net savings including particulate emission damage, % of GNI9.5%-3.4%
Gross savings, % of GDP33%12.3%
Gross capital formation, % of GDP20.1%25.8%
Total reserves including gold$6.7BN/A
Foreign direct investment net inflows$1.4B$207.5M

Exports, imports and economic structure

StatAzerbaijanBenin
Exports of goods and services, % of GDP54.3%35.4%
Imports of goods and services, % of GDP37.7%44.2%
Current account balance (balance of payments)$6.1B-$927.3M
Revenue excluding grants, % of GDP35.1%12.9%
Grants excluding technical cooperation, BoP$45.7M$328.1M
Personal remittances received$1.2B$198.7M
Industry including construction value added, % of GDP52.2%21.5%
Agriculture, forestry and fishing value added, % of GDP5.3%22.6%
Charges for the use of intellectual property, payments BoP$28.2M$18k
Charges for the use of intellectual property, receipts BoP$28k$877
Expense, % of GDP28%N/A
Government Expenditure, % of GDP35.1%23%

Compare with countries close by GDP per capita

Azerbaijan vs

CountryGDP
per capita
Population
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
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
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
Algeria
$4.1k
41.3M
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

Benin vs

CountryGDP
per capita
Population
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M