Benin vs Oman: Economic Indicators Comparison

Oman with a GDP of $79.3B ranked the 69th largest economy in the world, while Benin ranked 143rd with $10.4B. By GDP 5-years average growth and GDP per capita, Oman and Benin ranked 114th vs 34th and 56th vs 173rd, respectively.

Gross Domestic Product & Income

StatBeninOman
GDP$10.4B$79.3B
GDP growth, 1 year6.5%2.1%
GDP growth, 5-years average5%2.4%
Population11.2M4.8M
GDP per capita$902$16k
GDP per capita growth3.98%-1.68%
Purchasing Power Parity conversion factor206.520.15
Price level ratio of PPP conversion factor GDP to market exchange rate0.370.39
GDP per capita, PPP adjusted$2.4k$47k
GNI, Atlas method$10B$73.1B
GNI per capita$870$15k
GNI, PPP adjusted$27.6B$201.3B
GNI per capita, PPP adjusted$2.4k$42k

Financial system and Human development

StatBeninOman
Income Tax Rate45%0%
Corporate Tax Rate30%12%
Inflation, consumer prices1%0.9%
Inflation, GDP deflator0%10.3%
Unemployment2.1%3.1%
Economic Freedom Index55.263.6
Personal Freedom Index7.465.55
Human Freedom Index6.856.3
Property Rights Index41.366.4
Judical Effectiveness Index36.466.2
Business Freedom Index5874.6
Fiscal Health Index46.614.8
Labor Freedom Index53.756.9
Investment Freedom Index6065
Financial Freedom Index5060
Trade Freedom Index49.481.6
Monetary Freedom Index84.378.4
Government Spending Index84.236.2
Tax Burden Index6998.4
Government Integrity Index29.664.6
Corruption Perceptions Index4052
Life expectancy at birth, years61.277.4
Suicide mortality rate, per 100,000 people9.93.9
Mortality caused by road traffic injury, per 100,000 people27.516.1
Intentional homicides, per 100,000 people1.10.5
International tourism, number of arrivals295k2.3M

Government debt & reserves

StatBeninOman
Central government debt, % of GDP54.6%50.9%
External debt stocks, % of GNI35.9%N/A
External debt stocks$3.7BN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary income7.8%N/A
Adjusted net savings including particulate emission damage, % of GNI-3.4%-11.3%
Gross savings, % of GDP12.3%23.9%
Gross capital formation, % of GDP25.8%23.2%
Total reserves including goldN/A$17.4B
Foreign direct investment net inflows$207.5M$6.3B

Exports, imports and economic structure

StatBeninOman
Exports of goods and services, % of GDP35.4%58.3%
Imports of goods and services, % of GDP44.2%44.5%
Current account balance (balance of payments)-$927.3M-$4.3B
Revenue excluding grants, % of GDP12.9%N/A
Grants excluding technical cooperation, BoP$328.1M$17M
Personal remittances received$198.7M$39M
Industry including construction value added, % of GDP21.5%46.8%
Agriculture, forestry and fishing value added, % of GDP22.6%2.2%
Charges for the use of intellectual property, payments BoP$18kN/A
Charges for the use of intellectual property, receipts BoP$877N/A
Expense, % of GDPN/AN/A
Government Expenditure, % of GDP23%46.1%

Compare with countries close by GDP per capita

Benin vs

CountryGDP
per capita
Population
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
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
Mali
$900
18.5M
Guinea
$879
12.7M
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

Oman vs

CountryGDP
per capita
Population
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Hungary
$16k
9.94M
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