Cameroon vs Paraguay: Economic Indicators Comparison

Paraguay with a GDP of $40.5B ranked the 94th largest economy in the world, while Cameroon ranked 98th with $38.7B. By GDP 5-years average growth and GDP per capita, Paraguay and Cameroon ranked 50th vs 38th and 104th vs 158th, respectively.

Gross Domestic Product & Income

StatCameroonParaguay
GDP$38.7B$40.5B
GDP growth, 1 year4%3.7%
GDP growth, 5-years average4.8%4.2%
Population24.1M6.8M
GDP per capita$1.5k$5.8k
GDP per capita growth1.38%2.35%
Purchasing Power Parity conversion factor225.182453.78
Price level ratio of PPP conversion factor GDP to market exchange rate0.410.43
GDP per capita, PPP adjusted$3.8k$13k
GNI, Atlas method$36.4B$39.4B
GNI per capita$1.4k$5.7k
GNI, PPP adjusted$93.4B$91.9B
GNI per capita, PPP adjusted$3.7k$13k

Financial system and Human development

StatCameroonParaguay
Income Tax Rate35%10%
Corporate Tax Rate33%10%
Inflation, consumer prices2.4%4%
Inflation, GDP deflator1.6%2.1%
Unemployment3.4%4.7%
Economic Freedom Index53.663
Personal Freedom Index5.837.3
Human Freedom Index5.77.02
Property Rights Index45.344.7
Judical Effectiveness Index30.826.4
Business Freedom Index4660.9
Fiscal Health Index63.798
Labor Freedom Index50.129
Investment Freedom Index3075
Financial Freedom Index5060
Trade Freedom Index59.675.4
Monetary Freedom Index84.172.5
Government Spending Index88.388.6
Tax Burden Index74.896.1
Government Integrity Index20.829.6
Corruption Perceptions Index2529
Life expectancy at birth, years58.574
Suicide mortality rate, per 100,000 people12.29.5
Mortality caused by road traffic injury, per 100,000 people30.122.7
Intentional homicides, per 100,000 people1.49.3
International tourism, number of arrivals1.1M1.2M

Government debt & reserves

StatCameroonParaguay
Central government debt, % of GDP37.7%21.6%
External debt stocks, % of GNI28.7%39.9%
External debt stocks$10.9B$15.8B
Short-term debt, % of total reserves12.5%60%
Total debt service, % of exports and primary income10.7%15.7%
Adjusted net savings including particulate emission damage, % of GNI4.5%14.5%
Gross savings, % of GDP17.5%23.2%
Gross capital formation, % of GDP22.8%22.4%
Total reserves including gold$3.5B$7.7B
Foreign direct investment net inflows$765.1M$386.9M

Exports, imports and economic structure

StatCameroonParaguay
Exports of goods and services, % of GDP19.3%36%
Imports of goods and services, % of GDP23.7%34.4%
Current account balance (balance of payments)-$1.4B$8.6M
Revenue excluding grants, % of GDP15.1%17.4%
Grants excluding technical cooperation, BoP$469M$64.1M
Personal remittances received$333.6M$682.9M
Industry including construction value added, % of GDP25.8%33.9%
Agriculture, forestry and fishing value added, % of GDP14.4%10.4%
Charges for the use of intellectual property, payments BoP$2.3M$18.5M
Charges for the use of intellectual property, receipts BoP$8.5M$114.1M
Expense, % of GDP10.9%15.6%
Government Expenditure, % of GDP19.8%19.5%

Compare with countries close by GDP per capita

Cameroon vs

CountryGDP
per capita
Population
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
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

Paraguay vs

CountryGDP
per capita
Population
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
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
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
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
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