Brazil vs Colombia: Economic Indicators Comparison

Brazil with a GDP of $1.9T ranked the 9th largest economy in the world, while Colombia ranked 39th with $331B. By GDP 5-years average growth and GDP per capita, Brazil and Colombia ranked 171st vs 101st and 80th vs 94th, respectively.

Gross Domestic Product & Income

StatBrazilColombia
GDP$1.9T$331B
GDP growth, 1 year1.1%2.7%
GDP growth, 5-years average-0.8%2.8%
Population210.1M49.1M
GDP per capita$8.9k$6.7k
GDP per capita growth0.33%1.02%
Purchasing Power Parity conversion factor2.021312.74
Price level ratio of PPP conversion factor GDP to market exchange rate0.550.44
GDP per capita, PPP adjusted$16k$15k
GNI, Atlas method$1.9T$306.9B
GNI per capita$9.1k$6.2k
GNI, PPP adjusted$3.3T$718.9B
GNI per capita, PPP adjusted$16k$14k

Financial system and Human development

StatBrazilColombia
Income Tax Rate27.5%39%
Corporate Tax Rate34%33%
Inflation, consumer prices3.7%3.2%
Inflation, GDP deflator3%3.7%
Unemployment12.5%9.1%
Economic Freedom Index53.769.2
Personal Freedom Index7.726.93
Human Freedom Index7.056.78
Property Rights Index57.361.1
Judical Effectiveness Index46.732.8
Business Freedom Index60.571.3
Fiscal Health Index4.685.5
Labor Freedom Index49.578
Investment Freedom Index6080
Financial Freedom Index5070
Trade Freedom Index67.881.2
Monetary Freedom Index77.277.5
Government Spending Index54.677
Tax Burden Index70.470.4
Government Integrity Index45.646.1
Corruption Perceptions Index3536
Life expectancy at birth, years75.576.9
Suicide mortality rate, per 100,000 people6.57.2
Mortality caused by road traffic injury, per 100,000 people19.718.5
Intentional homicides, per 100,000 people30.524.9
International tourism, number of arrivals6.6M3.9M

Government debt & reserves

StatBrazilColombia
Central government debt, % of GDP87.9%50.5%
External debt stocks, % of GNI30.3%42.3%
External debt stocks$557.8B$134.9B
Short-term debt, % of total reserves17.8%31.5%
Total debt service, % of exports and primary income31.7%40.8%
Adjusted net savings including particulate emission damage, % of GNI6.1%2.8%
Gross savings, % of GDP14.4%15.1%
Gross capital formation, % of GDP15.4%21.2%
Total reserves including gold$374.7B$47.9B
Foreign direct investment net inflows$78.2B$11.5B

Exports, imports and economic structure

StatBrazilColombia
Exports of goods and services, % of GDP14.8%15.9%
Imports of goods and services, % of GDP14.3%20.8%
Current account balance (balance of payments)-$41.5B-$13B
Revenue excluding grants, % of GDP27.2%22.9%
Grants excluding technical cooperation, BoP$241.7M$741.3M
Personal remittances received$2.9B$6.4B
Industry including construction value added, % of GDP18.4%26.7%
Agriculture, forestry and fishing value added, % of GDP4.4%6.3%
Charges for the use of intellectual property, payments BoP$5.1B$471.4M
Charges for the use of intellectual property, receipts BoP$825.5M$105.6M
Expense, % of GDP34.9%25.3%
Government Expenditure, % of GDP38.9%27.7%

Compare with countries close by GDP per capita

Brazil vs

CountryGDP
per capita
Population
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
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M

Colombia vs

CountryGDP
per capita
Population
Bulgaria
$9.3k
7M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M