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Bhutan vs Singapore: Economic Indicators Comparison

Singapore with a GDP of $364.2B ranked the 36th largest economy in the world, while Bhutan ranked 172nd with $2.4B. By GDP 5-years average growth and GDP per capita, Singapore and Bhutan ranked 76th vs 23rd and 10th vs 129th, respectively.

Gross Domestic Product & Income

StatBhutanSingapore
GDP$2.4B$364.2B
GDP growth, 1 year5.8%3.2%
GDP growth, 5-years average6.1%3.3%
Population754k5.9M
GDP per capita$3.2k$65k
GDP per capita growth1.82%2.66%
Purchasing Power Parity conversion factor21.810.86
Price level ratio of PPP conversion factor GDP to market exchange rate0.320.64
GDP per capita, PPP adjusted$9.5k$100k
GNI, Atlas method$2.2B$331.4B
GNI per capita$3k$59k
GNI, PPP adjusted$7B$533.8B
GNI per capita, PPP adjusted$9.3k$95k

Financial system and Human development

StatBhutanSingapore
Income Tax Rate25%22%
Corporate Tax Rate30%17%
Inflation, consumer prices3.6%0.4%
Inflation, GDP deflator1.8%1.9%
Unemployment2.2%3.8%
Economic Freedom Index62.189.4
Personal Freedom Index6.97.44
Human Freedom Index6.858.1
Property Rights Index69.996.8
Judical Effectiveness Index46.492.9
Business Freedom Index68.292.8
Fiscal Health Index74.880
Labor Freedom Index79.490.9
Investment Freedom Index2085
Financial Freedom Index3080
Trade Freedom Index79.494.8
Monetary Freedom Index71.685.6
Government Spending Index71.191.1
Tax Burden Index82.990.3
Government Integrity Index51.292.4
Corruption Perceptions Index6885
Life expectancy at birth, years71.182.9
Suicide mortality rate, per 100,000 people11.49.9
Mortality caused by road traffic injury, per 100,000 people17.42.8
Intentional homicides, per 100,000 people1.60.2
International tourism, number of arrivals274k14.7M

Government debt & reserves

StatBhutanSingapore
Central government debt, % of GDP102.6%108.3%
External debt stocks, % of GNI109.2%N/A
External debt stocks$2.5BN/A
Short-term debt, % of total reserves0.4%N/A
Total debt service, % of exports and primary income10.7%N/A
Adjusted net savings including particulate emission damage, % of GNI23.3%36.8%
Gross savings, % of GDP21.6%45.8%
Gross capital formation, % of GDP47.5%26.6%
Total reserves including gold$987.2M$292.7B
Foreign direct investment net inflows$2.6M$82B

Exports, imports and economic structure

StatBhutanSingapore
Exports of goods and services, % of GDP30.8%176.4%
Imports of goods and services, % of GDP55.9%149.8%
Current account balance (balance of payments)-$497.6M$65.1B
Revenue excluding grants, % of GDP18.5%18.8%
Grants excluding technical cooperation, BoP$49.2M$1.6M
Personal remittances received$58.1MN/A
Industry including construction value added, % of GDP38.3%25.2%
Agriculture, forestry and fishing value added, % of GDP15.9%0%
Charges for the use of intellectual property, payments BoP$304k$15.2B
Charges for the use of intellectual property, receipts BoP$11k$8.7B
Expense, % of GDP18.5%15.2%
Government Expenditure, % of GDP31.1%17.2%

Compare with countries close by GDP per capita

Bhutan vs

CountryGDP
per capita
Population
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
190k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.34M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
52.6k
Tuvalu
$3.7k
9.88k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
101M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
850k
Papua New Guinea
$2.7k
7.32M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.77M
Honduras
$2.5k
8.1M
Ghana
$2.2k
28.3M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
14.1M

Singapore vs

CountryGDP
per capita
Population
Monaco
$186k
37.8k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
614k
Switzerland
$83k
8.21M
Norway
$82k
5.33M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.17M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
23.4M
Sweden
$55k
10.3M
Netherlands
$53k
17.2M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k