Azerbaijan vs Equatorial Guinea: Economic Indicators Comparison

Azerbaijan with a GDP of $46.9B ranked the 88th largest economy in the world, while Equatorial Guinea ranked 132nd with $13.4B. By GDP 5-years average growth and GDP per capita, Azerbaijan and Equatorial Guinea ranked 164th vs 179th and 110th vs 73rd, respectively.

Gross Domestic Product & Income

StatAzerbaijanEquatorial Guinea
GDP$46.9B$13.4B
GDP growth, 1 year1.4%-5.7%
GDP growth, 5-years average0.4%-5.6%
Population10M1.3M
GDP per capita$4.7k$10k
GDP per capita growth0.51%-9.5%
Purchasing Power Parity conversion factor0.44250.74
Price level ratio of PPP conversion factor GDP to market exchange rate0.260.45
GDP per capita, PPP adjusted$18k$23k
GNI, Atlas method$40.3B$9B
GNI per capita$4.1k$6.8k
GNI, PPP adjusted$170B$22.9B
GNI per capita, PPP adjusted$17k$17k

Financial system and Human development

StatAzerbaijanEquatorial Guinea
Income Tax Rate25%35%
Corporate Tax Rate20%35%
Inflation, consumer prices2.3%1.3%
Inflation, GDP deflator11.9%11.2%
Unemployment5.2%9.2%
Economic Freedom Index69.348.3
Personal Freedom Index6.736.6
Human Freedom Index6.446.6
Property Rights Index67.138.1
Judical Effectiveness Index53.919.5
Business Freedom Index80.837.5
Fiscal Health Index99.277.2
Labor Freedom Index66.234.2
Investment Freedom Index7040
Financial Freedom Index6030
Trade Freedom Index74.648.8
Monetary Freedom Index69.878.1
Government Spending Index6386.4
Tax Burden Index8875.1
Government Integrity Index38.715.1
Corruption Perceptions Index2516
Life expectancy at birth, years72.758.1
Suicide mortality rate, per 100,000 people2.616.4
Mortality caused by road traffic injury, per 100,000 people8.724.6
Intentional homicides, per 100,000 people22.3
International tourism, number of arrivals2.6MN/A

Government debt & reserves

StatAzerbaijanEquatorial Guinea
Central government debt, % of GDP19.4%35.9%
External debt stocks, % of GNI36.4%N/A
External debt stocks$16.2BN/A
Short-term debt, % of total reserves8.5%N/A
Total debt service, % of exports and primary income10.5%N/A
Adjusted net savings including particulate emission damage, % of GNI9.5%N/A
Gross savings, % of GDP33%N/A
Gross capital formation, % of GDP20.1%15.5%
Total reserves including gold$6.7B$48.9M
Foreign direct investment net inflows$1.4B$395.9M

Exports, imports and economic structure

StatAzerbaijanEquatorial Guinea
Exports of goods and services, % of GDP54.3%58.1%
Imports of goods and services, % of GDP37.7%43.3%
Current account balance (balance of payments)$6.1B-$344M
Revenue excluding grants, % of GDP35.1%17.2%
Grants excluding technical cooperation, BoP$45.7M$7.2M
Personal remittances received$1.2B$164k
Industry including construction value added, % of GDP52.2%56.7%
Agriculture, forestry and fishing value added, % of GDP5.3%2.4%
Charges for the use of intellectual property, payments BoP$28.2MN/A
Charges for the use of intellectual property, receipts BoP$28kN/A
Expense, % of GDP28%9.8%
Government Expenditure, % of GDP35.1%21.3%

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

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