Belarus vs Iceland: Economic Indicators Comparison
Gross Domestic Product & Income
Stat | ||
---|---|---|
GDP | $59.7B | $25.9B |
GDP growth, 1 year | 3% | 4.6% |
GDP growth, 5-years average | 0.2% | 4.5% |
Population | 9.4M | 357k |
GDP per capita | $6.3k | $73k |
GDP per capita growth | 3.19% | 1.6% |
Purchasing Power Parity conversion factor | 0.64 | 138.33 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.31 | 1.28 |
GDP per capita, PPP adjusted | $20k | $56k |
GNI, Atlas method | $53.8B | $24B |
GNI per capita | $5.7k | $68k |
GNI, PPP adjusted | $182.5B | $19.5B |
GNI per capita, PPP adjusted | $19k | $55k |
Financial system and Human development
Stat | ||
---|---|---|
Income Tax Rate | 13% | 31.8% |
Corporate Tax Rate | 18% | 20% |
Inflation, consumer prices | 4.9% | 2.7% |
Inflation, GDP deflator | 11.6% | 2.4% |
Unemployment | 5.7% | 2.9% |
Economic Freedom Index | 61.7 | 77.1 |
Personal Freedom Index | 6.24 | 9.27 |
Human Freedom Index | 6.16 | 8.22 |
Property Rights Index | 63.2 | 87.6 |
Judical Effectiveness Index | 48.4 | 63.2 |
Business Freedom Index | 76.4 | 84.7 |
Fiscal Health Index | 95.4 | 97.5 |
Labor Freedom Index | 74.8 | 63.5 |
Investment Freedom Index | 30 | 85 |
Financial Freedom Index | 20 | 70 |
Trade Freedom Index | 82 | 86.8 |
Monetary Freedom Index | 69.8 | 80.3 |
Government Spending Index | 54.1 | 44.1 |
Tax Burden Index | 88.8 | 71.7 |
Government Integrity Index | 37.4 | 90.3 |
Corruption Perceptions Index | 44 | 76 |
Life expectancy at birth, years | 74.1 | 82.2 |
Suicide mortality rate, per 100,000 people | 26.2 | 14 |
Mortality caused by road traffic injury, per 100,000 people | 8.9 | 6.6 |
Intentional homicides, per 100,000 people | 3.6 | 0.9 |
International tourism, number of arrivals | 11.5M | 2.3M |
Government debt & reserves
Stat | ||
---|---|---|
Central government debt, % of GDP | 47.8% | 35.4% |
External debt stocks, % of GNI | 67.7% | N/A |
External debt stocks | $38.8B | N/A |
Short-term debt, % of total reserves | 134.2% | N/A |
Total debt service, % of exports and primary income | 13.5% | N/A |
Adjusted net savings including particulate emission damage, % of GNI | 21.2% | 16.6% |
Gross savings, % of GDP | 28.8% | 21.2% |
Gross capital formation, % of GDP | 27.5% | 22.6% |
Total reserves including gold | $7.2B | $6.3B |
Foreign direct investment net inflows | $1.4B | -$434.6M |
Exports, imports and economic structure
Stat | ||
---|---|---|
Exports of goods and services, % of GDP | 70.2% | 47.2% |
Imports of goods and services, % of GDP | 69.1% | 44.1% |
Current account balance (balance of payments) | -$34.4M | $731.3M |
Revenue excluding grants, % of GDP | 29.5% | 31% |
Grants excluding technical cooperation, BoP | $56.2M | N/A |
Personal remittances received | $1.4B | $168.9M |
Industry including construction value added, % of GDP | 31.5% | 19.6% |
Agriculture, forestry and fishing value added, % of GDP | 6.4% | 4.6% |
Charges for the use of intellectual property, payments BoP | $178.6M | $143.4M |
Charges for the use of intellectual property, receipts BoP | $66.1M | $241.7M |
Expense, % of GDP | 29.3% | 30.8% |
Government Expenditure, % of GDP | 39.1% | 43.2% |