Bhutan vs Slovakia: Economic Indicators Comparison

Slovakia with a GDP of $105.9B ranked the 62nd largest economy in the world, while Bhutan ranked 172nd with $2.4B. By GDP 5-years average growth and GDP per capita, Slovakia and Bhutan ranked 65th vs 23rd and 47th vs 129th, respectively.

Gross Domestic Product & Income

StatBhutanSlovakia
GDP$2.4B$105.9B
GDP growth, 1 year5.8%4.1%
GDP growth, 5-years average6.1%3.5%
Population808k5.4M
GDP per capita$3.2k$19k
GDP per capita growth1.82%3.89%
Purchasing Power Parity conversion factor21.810.49
Price level ratio of PPP conversion factor GDP to market exchange rate0.320.58
GDP per capita, PPP adjusted$9.5k$35k
GNI, Atlas method$2.2B$99.5B
GNI per capita$3k$18k
GNI, PPP adjusted$7B$180.1B
GNI per capita, PPP adjusted$9.3k$33k

Financial system and Human development

StatBhutanSlovakia
Income Tax Rate25%25%
Corporate Tax Rate30%21%
Inflation, consumer prices3.6%2.5%
Inflation, GDP deflator1.8%2%
Unemployment2.2%6.8%
Economic Freedom Index62.166.8
Personal Freedom Index6.98.87
Human Freedom Index6.858.29
Property Rights Index69.973.1
Judical Effectiveness Index46.441.7
Business Freedom Index68.255.3
Fiscal Health Index74.892.6
Labor Freedom Index79.452.6
Investment Freedom Index2075
Financial Freedom Index3070
Trade Freedom Index79.486.4
Monetary Freedom Index71.675.9
Government Spending Index71.150.2
Tax Burden Index82.978.5
Government Integrity Index51.249.7
Corruption Perceptions Index6850
Life expectancy at birth, years71.177.2
Suicide mortality rate, per 100,000 people11.412.8
Mortality caused by road traffic injury, per 100,000 people17.46.1
Intentional homicides, per 100,000 people1.61.5
International tourism, number of arrivals274k2.3M

Government debt & reserves

StatBhutanSlovakia
Central government debt, % of GDP102.6%48.8%
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%5.6%
Gross savings, % of GDP21.6%22.1%
Gross capital formation, % of GDP47.5%23.4%
Total reserves including gold$987.2M$5.2B
Foreign direct investment net inflows$2.6M$2.6B

Exports, imports and economic structure

StatBhutanSlovakia
Exports of goods and services, % of GDP30.8%96.1%
Imports of goods and services, % of GDP55.9%94.1%
Current account balance (balance of payments)-$497.6M-$2.8B
Revenue excluding grants, % of GDP18.5%37.7%
Grants excluding technical cooperation, BoP$49.2M$183.9M
Personal remittances received$58.1M$2.1B
Industry including construction value added, % of GDP38.3%30.1%
Agriculture, forestry and fishing value added, % of GDP15.9%2.4%
Charges for the use of intellectual property, payments BoP$304k$749.1M
Charges for the use of intellectual property, receipts BoP$11k$55.5M
Expense, % of GDP18.5%39%
Government Expenditure, % of GDP31.1%40.8%

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
196k
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
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
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
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M

Slovakia vs

CountryGDP
per capita
Population
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
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
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M