Skip to content

Bhutan vs South Africa: Economic Indicators Comparison

South Africa with a GDP of $368.3B ranked the 35th largest economy in the world, while Bhutan ranked 172nd with $2.4B. By GDP 5-years average growth and GDP per capita, South Africa and Bhutan ranked 151st vs 23rd and 95th vs 129th, respectively.

Gross Domestic Product & Income

StatBhutanSouth Africa
GDP$2.4B$368.3B
GDP growth, 1 year5.8%0.8%
GDP growth, 5-years average6.1%1.1%
Population754k57.7M
GDP per capita$3.2k$6.4k
GDP per capita growth1.82%-0.57%
Purchasing Power Parity conversion factor21.816.16
Price level ratio of PPP conversion factor GDP to market exchange rate0.320.47
GDP per capita, PPP adjusted$9.5k$14k
GNI, Atlas method$2.2B$332.3B
GNI per capita$3k$5.8k
GNI, PPP adjusted$7B$765.8B
GNI per capita, PPP adjusted$9.3k$13k

Financial system and Human development

StatBhutanSouth Africa
Income Tax Rate25%45%
Corporate Tax Rate30%28%
Inflation, consumer prices3.6%4.6%
Inflation, GDP deflator1.8%3.9%
Unemployment2.2%27%
Economic Freedom Index62.158.8
Personal Freedom Index6.96.92
Human Freedom Index6.856.78
Property Rights Index69.958.4
Judical Effectiveness Index46.438
Business Freedom Index68.262
Fiscal Health Index74.864
Labor Freedom Index79.458.8
Investment Freedom Index2045
Financial Freedom Index3050
Trade Freedom Index79.475.8
Monetary Freedom Index71.675.9
Government Spending Index71.167.4
Tax Burden Index82.963.7
Government Integrity Index51.246.6
Corruption Perceptions Index6843
Life expectancy at birth, years71.163.5
Suicide mortality rate, per 100,000 people11.411.6
Mortality caused by road traffic injury, per 100,000 people17.425.9
Intentional homicides, per 100,000 people1.635.9
International tourism, number of arrivals274k10.5M

Government debt & reserves

StatBhutanSouth Africa
Central government debt, % of GDP102.6%56.7%
External debt stocks, % of GNI109.2%50.6%
External debt stocks$2.5B$179.3B
Short-term debt, % of total reserves0.4%70.9%
Total debt service, % of exports and primary income10.7%19.9%
Adjusted net savings including particulate emission damage, % of GNI23.3%0.6%
Gross savings, % of GDP21.6%14.9%
Gross capital formation, % of GDP47.5%17.9%
Total reserves including gold$987.2M$51.6B
Foreign direct investment net inflows$2.6M$5.5B

Exports, imports and economic structure

StatBhutanSouth Africa
Exports of goods and services, % of GDP30.8%29.9%
Imports of goods and services, % of GDP55.9%29.6%
Current account balance (balance of payments)-$497.6M-$13.4B
Revenue excluding grants, % of GDP18.5%30.9%
Grants excluding technical cooperation, BoP$49.2M$817.9M
Personal remittances received$58.1M$929M
Industry including construction value added, % of GDP38.3%25.9%
Agriculture, forestry and fishing value added, % of GDP15.9%2.2%
Charges for the use of intellectual property, payments BoP$304k$1.8B
Charges for the use of intellectual property, receipts BoP$11k$120.7M
Expense, % of GDP18.5%34.4%
Government Expenditure, % of GDP31.1%33%

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

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
Belarus
$6.3k
9.49M
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