Benin vs Rwanda: Economic Indicators Comparison
Gross Domestic Product & Income
Stat | Benin | Rwanda |
---|---|---|
GDP | $10.4B | $9.5B |
GDP growth, 1 year | 6.5% | 8.6% |
GDP growth, 5-years average | 5% | 7.4% |
Population | 11.2M | 12.2M |
GDP per capita | $902 | $773 |
GDP per capita growth | 3.98% | 5.77% |
Purchasing Power Parity conversion factor | 206.52 | 295.65 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.37 | 0.34 |
GDP per capita, PPP adjusted | $2.4k | $2.3k |
GNI, Atlas method | $10B | $9.6B |
GNI per capita | $870 | $780 |
GNI, PPP adjusted | $27.6B | $27.1B |
GNI per capita, PPP adjusted | $2.4k | $2.2k |
Financial system and Human development
Stat | Benin | Rwanda |
---|---|---|
Income Tax Rate | 45% | 30% |
Corporate Tax Rate | 30% | 30% |
Inflation, consumer prices | 1% | 1.4% |
Inflation, GDP deflator | 0% | -0.8% |
Unemployment | 2.1% | 1% |
Economic Freedom Index | 55.2 | 70.9 |
Personal Freedom Index | 7.46 | 7.34 |
Human Freedom Index | 6.85 | 7 |
Property Rights Index | 41.3 | 76.5 |
Judical Effectiveness Index | 36.4 | 78.3 |
Business Freedom Index | 58 | 60.3 |
Fiscal Health Index | 46.6 | 86.7 |
Labor Freedom Index | 53.7 | 81.8 |
Investment Freedom Index | 60 | 60 |
Financial Freedom Index | 50 | 40 |
Trade Freedom Index | 49.4 | 70.4 |
Monetary Freedom Index | 84.3 | 79.8 |
Government Spending Index | 84.2 | 79.8 |
Tax Burden Index | 69 | 79.2 |
Government Integrity Index | 29.6 | 57.6 |
Corruption Perceptions Index | 40 | 56 |
Life expectancy at birth, years | 61.2 | 68.3 |
Suicide mortality rate, per 100,000 people | 9.9 | 6.7 |
Mortality caused by road traffic injury, per 100,000 people | 27.5 | 29.7 |
Intentional homicides, per 100,000 people | 1.1 | 2.5 |
International tourism, number of arrivals | 295k | 932k |
Government debt & reserves
Stat | Benin | Rwanda |
---|---|---|
Central government debt, % of GDP | 54.6% | 40.7% |
External debt stocks, % of GNI | 35.9% | 58% |
External debt stocks | $3.7B | $5.4B |
Short-term debt, % of total reserves | N/A | 8.5% |
Total debt service, % of exports and primary income | 7.8% | 12.6% |
Adjusted net savings including particulate emission damage, % of GNI | -3.4% | -4.4% |
Gross savings, % of GDP | 12.3% | 12.4% |
Gross capital formation, % of GDP | 25.8% | 24.4% |
Total reserves including gold | N/A | $1.2B |
Foreign direct investment net inflows | $207.5M | $305.5M |
Exports, imports and economic structure
Stat | Benin | Rwanda |
---|---|---|
Exports of goods and services, % of GDP | 35.4% | 17.4% |
Imports of goods and services, % of GDP | 44.2% | 34.1% |
Current account balance (balance of payments) | -$927.3M | -$746.9M |
Revenue excluding grants, % of GDP | 12.9% | 20% |
Grants excluding technical cooperation, BoP | $328.1M | $621.4M |
Personal remittances received | $198.7M | $260.5M |
Industry including construction value added, % of GDP | 21.5% | 16.2% |
Agriculture, forestry and fishing value added, % of GDP | 22.6% | 29% |
Charges for the use of intellectual property, payments BoP | $18k | N/A |
Charges for the use of intellectual property, receipts BoP | $877 | N/A |
Expense, % of GDP | N/A | 18.9% |
Government Expenditure, % of GDP | 23% | 26% |