The Bahamas vs Guinea: Economic Indicators Comparison

The Bahamas with a GDP of $12.4B ranked the 137th largest economy in the world, while Guinea ranked 142nd with $10.9B. By GDP 5-years average growth and GDP per capita, the Bahamas and Guinea ranked 160th vs 15th and 31st vs 175th, respectively.

Gross Domestic Product & Income

StatBahamasGuinea
GDP$12.4B$10.9B
GDP growth, 1 year2.3%5.8%
GDP growth, 5-years average0.6%6.7%
Population395k12.7M
GDP per capita$32k$879
GDP per capita growth0.54%3.2%
Purchasing Power Parity conversion factor13160.71
Price level ratio of PPP conversion factor GDP to market exchange rate10.35
GDP per capita, PPP adjusted$33k$2.3k
GNI, Atlas method$11.8B$10.6B
GNI per capita$31k$850
GNI, PPP adjusted$11.7B$30.6B
GNI per capita, PPP adjusted$30k$2.5k

Financial system and Human development

StatBahamasGuinea
Income Tax Rate0%40%
Corporate Tax Rate0%35%
Inflation, consumer prices2.2%9.7%
Inflation, GDP deflator0.7%-1.3%
Unemployment11.9%3.6%
Economic Freedom Index64.556.5
Personal Freedom Index8.325.95
Human Freedom Index7.975.68
Property Rights Index54.938.7
Judical Effectiveness Index46.433.3
Business Freedom Index6955.4
Fiscal Health Index69.293.8
Labor Freedom Index7058
Investment Freedom Index5050
Financial Freedom Index6040
Trade Freedom Index47.860.4
Monetary Freedom Index76.370.6
Government Spending Index87.491.4
Tax Burden Index96.870
Government Integrity Index4616.1
Corruption Perceptions Index6528
Life expectancy at birth, years73.660.7
Suicide mortality rate, per 100,000 people1.76.3
Mortality caused by road traffic injury, per 100,000 people13.828.2
Intentional homicides, per 100,000 people30.98.8
International tourism, number of arrivals1.6M99k

Government debt & reserves

StatBahamasGuinea
Central government debt, % of GDP61%38.7%
External debt stocks, % of GNIN/A24.6%
External debt stocksN/A$2.6B
Short-term debt, % of total reservesN/A12.4%
Total debt service, % of exports and primary incomeN/A2.2%
Adjusted net savings including particulate emission damage, % of GNI7.1%-6.5%
Gross savings, % of GDP12.7%3.1%
Gross capital formation, % of GDP24.5%18.9%
Total reserves including gold$1.4B$1.2B
Foreign direct investment net inflows$491.4M$352.8M

Exports, imports and economic structure

StatBahamasGuinea
Exports of goods and services, % of GDP36.1%37.6%
Imports of goods and services, % of GDP41.3%53%
Current account balance (balance of payments)-$1.5B-$190.5M
Revenue excluding grants, % of GDP16.4%12.1%
Grants excluding technical cooperation, BoP$1.7M$367.3M
Personal remittances receivedN/A$28.4M
Industry including construction value added, % of GDP13%24.8%
Agriculture, forestry and fishing value added, % of GDP0.9%24.3%
Charges for the use of intellectual property, payments BoP$10.3M$620k
Charges for the use of intellectual property, receipts BoPN/A-$1.5M
Expense, % of GDP17.9%9.4%
Government Expenditure, % of GDP20.5%16.9%

Compare with countries close by GDP per capita

Bahamas vs

CountryGDP
per capita
Population
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
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
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
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k

Guinea vs

CountryGDP
per capita
Population
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
Benin
$902
11.2M
Mali
$900
18.5M
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
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M