Brazil vs Eritrea: Economic Indicators Comparison

Brazil with a GDP of $1.9T ranked the 9th largest economy in the world, while Eritrea ranked 170th with $2.6B. By GDP 5-years average growth and GDP per capita, Brazil and Eritrea ranked 171st vs 79th and 80th vs 178th, respectively.

Gross Domestic Product & Income

StatBrazilEritrea
GDP$1.9T$2.6B
GDP growth, 1 year1.1%4.2%
GDP growth, 5-years average-0.8%3.3%
Population210.1M3.5M
GDP per capita$8.9k$811
GDP per capita growth0.33%7.21%
Purchasing Power Parity conversion factor2.025.93
Price level ratio of PPP conversion factor GDP to market exchange rate0.550.39
GDP per capita, PPP adjusted$16k$1.7k
GNI, Atlas method$1.9T$2.3B
GNI per capita$9.1k$720
GNI, PPP adjusted$3.3T$6.7B
GNI per capita, PPP adjusted$16k$2.1k

Financial system and Human development

StatBrazilEritrea
Income Tax Rate27.5%30%
Corporate Tax Rate34%30%
Inflation, consumer prices3.7%9%
Inflation, GDP deflator3%13.3%
Unemployment12.5%6.5%
Economic Freedom Index53.738.5
Personal Freedom Index7.724.8
Human Freedom Index7.054.8
Property Rights Index57.332.5
Judical Effectiveness Index46.714.3
Business Freedom Index60.518.2
Fiscal Health Index4.60
Labor Freedom Index49.569.7
Investment Freedom Index600
Financial Freedom Index5020
Trade Freedom Index67.869.2
Monetary Freedom Index77.261
Government Spending Index54.674.7
Tax Burden Index70.481.4
Government Integrity Index45.621.4
Corruption Perceptions Index3524
Life expectancy at birth, years75.565.5
Suicide mortality rate, per 100,000 people6.57.9
Mortality caused by road traffic injury, per 100,000 people19.725.3
Intentional homicides, per 100,000 people30.58
International tourism, number of arrivals6.6M142k

Government debt & reserves

StatBrazilEritrea
Central government debt, % of GDP87.9%129.4%
External debt stocks, % of GNI30.3%40.8%
External debt stocks$557.8B$791.2M
Short-term debt, % of total reserves17.8%16%
Total debt service, % of exports and primary income31.7%4.3%
Adjusted net savings including particulate emission damage, % of GNI6.1%0.5%
Gross savings, % of GDP14.4%15.8%
Gross capital formation, % of GDP15.4%10%
Total reserves including gold$374.7B$114.8M
Foreign direct investment net inflows$78.2B$61M

Exports, imports and economic structure

StatBrazilEritrea
Exports of goods and services, % of GDP14.8%14.4%
Imports of goods and services, % of GDP14.3%23.2%
Current account balance (balance of payments)-$41.5B-$104.7M
Revenue excluding grants, % of GDP27.2%N/A
Grants excluding technical cooperation, BoP$241.7M$82M
Personal remittances received$2.9B$3.3M
Industry including construction value added, % of GDP18.4%21.8%
Agriculture, forestry and fishing value added, % of GDP4.4%14.1%
Charges for the use of intellectual property, payments BoP$5.1B$281k
Charges for the use of intellectual property, receipts BoP$825.5M$94k
Expense, % of GDP34.9%N/A
Government Expenditure, % of GDP38.9%29.1%

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
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M

Eritrea vs

CountryGDP
per capita
Population
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M