Azerbaijan vs Guatemala: Economic Indicators Comparison

Guatemala with a GDP of $78.5B ranked the 70th largest economy in the world, while Azerbaijan ranked 88th with $46.9B. By GDP 5-years average growth and GDP per capita, Guatemala and Azerbaijan ranked 69th vs 164th and 112th vs 110th, respectively.

Gross Domestic Product & Income

StatAzerbaijanGuatemala
GDP$46.9B$78.5B
GDP growth, 1 year1.4%3.1%
GDP growth, 5-years average0.4%3.5%
Population10M17.3M
GDP per capita$4.7k$4.5k
GDP per capita growth0.51%1.15%
Purchasing Power Parity conversion factor0.444.04
Price level ratio of PPP conversion factor GDP to market exchange rate0.260.54
GDP per capita, PPP adjusted$18k$8.4k
GNI, Atlas method$40.3B$75.9B
GNI per capita$4.1k$4.4k
GNI, PPP adjusted$170B$143.4B
GNI per capita, PPP adjusted$17k$8.3k

Financial system and Human development

StatAzerbaijanGuatemala
Income Tax Rate25%31%
Corporate Tax Rate20%31%
Inflation, consumer prices2.3%3.8%
Inflation, GDP deflator11.9%2.9%
Unemployment5.2%2.7%
Economic Freedom Index69.364
Personal Freedom Index6.737.14
Human Freedom Index6.447.21
Property Rights Index67.145.5
Judical Effectiveness Index53.932.2
Business Freedom Index80.862.6
Fiscal Health Index99.295.7
Labor Freedom Index66.248.4
Investment Freedom Index7070
Financial Freedom Index6050
Trade Freedom Index74.682.2
Monetary Freedom Index69.877.4
Government Spending Index6395.6
Tax Burden Index8879.2
Government Integrity Index38.729.6
Corruption Perceptions Index2527
Life expectancy at birth, years72.773.8
Suicide mortality rate, per 100,000 people2.62.7
Mortality caused by road traffic injury, per 100,000 people8.716.6
Intentional homicides, per 100,000 people226.1
International tourism, number of arrivals2.6M1.8M

Government debt & reserves

StatAzerbaijanGuatemala
Central government debt, % of GDP19.4%24.5%
External debt stocks, % of GNI36.4%29%
External debt stocks$16.2B$22.3B
Short-term debt, % of total reserves8.5%7.3%
Total debt service, % of exports and primary income10.5%26.7%
Adjusted net savings including particulate emission damage, % of GNI9.5%1.9%
Gross savings, % of GDP33%13.4%
Gross capital formation, % of GDP20.1%12.1%
Total reserves including gold$6.7B$12.6B
Foreign direct investment net inflows$1.4B$1.1B

Exports, imports and economic structure

StatAzerbaijanGuatemala
Exports of goods and services, % of GDP54.3%18.1%
Imports of goods and services, % of GDP37.7%27.7%
Current account balance (balance of payments)$6.1B$665M
Revenue excluding grants, % of GDP35.1%11%
Grants excluding technical cooperation, BoP$45.7M$342.5M
Personal remittances received$1.2B$9.4B
Industry including construction value added, % of GDP52.2%24.6%
Agriculture, forestry and fishing value added, % of GDP5.3%10%
Charges for the use of intellectual property, payments BoP$28.2M$209.8M
Charges for the use of intellectual property, receipts BoP$28k$700k
Expense, % of GDP28%11.8%
Government Expenditure, % of GDP35.1%12.1%

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
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
Bolivia
$3.5k
11.1M

Guatemala vs

CountryGDP
per capita
Population
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
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
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M