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Belarus vs South Africa: Economic Indicators Comparison

South Africa with a GDP of $368.3B ranked the 35th largest economy in the world, while Belarus ranked 78th with $59.7B. By GDP 5-years average growth and GDP per capita, South Africa and Belarus ranked 151st vs 167th and 95th vs 97th, respectively.

Gross Domestic Product & Income

StatBelarusSouth Africa
GDP$59.7B$368.3B
GDP growth, 1 year3%0.8%
GDP growth, 5-years average0.2%1.1%
Population9.5M57.7M
GDP per capita$6.3k$6.4k
GDP per capita growth3.19%-0.57%
Purchasing Power Parity conversion factor0.646.16
Price level ratio of PPP conversion factor GDP to market exchange rate0.310.47
GDP per capita, PPP adjusted$20k$14k
GNI, Atlas method$53.8B$332.3B
GNI per capita$5.7k$5.8k
GNI, PPP adjusted$182.5B$765.8B
GNI per capita, PPP adjusted$19k$13k

Financial system and Human development

StatBelarusSouth Africa
Income Tax Rate13%45%
Corporate Tax Rate18%28%
Inflation, consumer prices4.9%4.6%
Inflation, GDP deflator11.6%3.9%
Unemployment5.7%27%
Economic Freedom Index61.758.8
Personal Freedom Index6.246.92
Human Freedom Index6.166.78
Property Rights Index63.258.4
Judical Effectiveness Index48.438
Business Freedom Index76.462
Fiscal Health Index95.464
Labor Freedom Index74.858.8
Investment Freedom Index3045
Financial Freedom Index2050
Trade Freedom Index8275.8
Monetary Freedom Index69.875.9
Government Spending Index54.167.4
Tax Burden Index88.863.7
Government Integrity Index37.446.6
Corruption Perceptions Index4443
Life expectancy at birth, years74.163.5
Suicide mortality rate, per 100,000 people26.211.6
Mortality caused by road traffic injury, per 100,000 people8.925.9
Intentional homicides, per 100,000 people3.635.9
International tourism, number of arrivals11.5M10.5M

Government debt & reserves

StatBelarusSouth Africa
Central government debt, % of GDP47.8%56.7%
External debt stocks, % of GNI67.7%50.6%
External debt stocks$38.8B$179.3B
Short-term debt, % of total reserves134.2%70.9%
Total debt service, % of exports and primary income13.5%19.9%
Adjusted net savings including particulate emission damage, % of GNI21.2%0.6%
Gross savings, % of GDP28.8%14.9%
Gross capital formation, % of GDP27.5%17.9%
Total reserves including gold$7.2B$51.6B
Foreign direct investment net inflows$1.4B$5.5B

Exports, imports and economic structure

StatBelarusSouth Africa
Exports of goods and services, % of GDP70.2%29.9%
Imports of goods and services, % of GDP69.1%29.6%
Current account balance (balance of payments)-$34.4M-$13.4B
Revenue excluding grants, % of GDP29.5%30.9%
Grants excluding technical cooperation, BoP$56.2M$817.9M
Personal remittances received$1.4B$929M
Industry including construction value added, % of GDP31.5%25.9%
Agriculture, forestry and fishing value added, % of GDP6.4%2.2%
Charges for the use of intellectual property, payments BoP$178.6M$1.8B
Charges for the use of intellectual property, receipts BoP$66.1M$120.7M
Expense, % of GDP29.3%34.4%
Government Expenditure, % of GDP39.1%33%

Compare with countries close by GDP per capita

Belarus vs

CountryGDP
per capita
Population
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
Ecuador
$6.3k
15.7M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M
Iraq
$5.8k
33.4M
Paraguay
$5.8k
6.8M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
15.5M
Tonga
$4.4k
105k

South Africa vs

CountryGDP
per capita
Population
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
Ecuador
$6.3k
15.7M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M
Iraq
$5.8k
33.4M
Paraguay
$5.8k
6.8M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M