The Central African Republic vs Finland: Economic Indicators Comparison

Finland with a GDP of $276.7B ranked the 43rd largest economy in the world, while the Central African Republic ranked 173rd with $2.2B. By GDP 5-years average growth and GDP per capita, Finland and the Central African Republic ranked 148th vs 59th and 17th vs 193rd, respectively.

Gross Domestic Product & Income

StatCentral African RepublicFinland
GDP$2.2B$276.7B
GDP growth, 1 year4.3%2.4%
GDP growth, 5-years average3.8%1.4%
Population4.7M5.5M
GDP per capita$476$50k
GDP per capita growth2.22%1.49%
Purchasing Power Parity conversion factor307.430.88
Price level ratio of PPP conversion factor GDP to market exchange rate0.551.04
GDP per capita, PPP adjusted$712$46k
GNI, Atlas method$2.3B$266.4B
GNI per capita$490$48k
GNI, PPP adjusted$4.3B$268.1B
GNI per capita, PPP adjusted$920$49k

Financial system and Human development

StatCentral African RepublicFinland
Income Tax Rate50%31.3%
Corporate Tax Rate30%20%
Inflation, consumer prices3%1.2%
Inflation, GDP deflator-1.2%2.1%
Unemployment6.5%7.8%
Economic Freedom Index50.775.7
Personal Freedom Index69.5
Human Freedom Index5.588.7
Property Rights Index38.192.3
Judical Effectiveness Index31.780.5
Business Freedom Index24.384.8
Fiscal Health Index95.390.7
Labor Freedom Index40.450.3
Investment Freedom Index4585
Financial Freedom Index3080
Trade Freedom Index47.286.4
Monetary Freedom Index73.383.6
Government Spending Index93.511.2
Tax Burden Index65.567.5
Government Integrity Index24.396.1
Corruption Perceptions Index2685
Life expectancy at birth, years52.281.4
Suicide mortality rate, per 100,000 people7.715.9
Mortality caused by road traffic injury, per 100,000 people33.64.7
Intentional homicides, per 100,000 people19.81.2
International tourism, number of arrivals107k3.2M

Government debt & reserves

StatCentral African RepublicFinland
Central government debt, % of GDP48.5%60.5%
External debt stocks, % of GNI32.7%N/A
External debt stocks$778.9MN/A
Short-term debt, % of total reserves25%N/A
Total debt service, % of exports and primary income12.9%N/A
Adjusted net savings including particulate emission damage, % of GNI8.5%10.2%
Gross savings, % of GDP15.1%23.9%
Gross capital formation, % of GDP25.9%24.9%
Total reserves including gold$361.8M$10.3B
Foreign direct investment net inflows$18M-$4.9B

Exports, imports and economic structure

StatCentral African RepublicFinland
Exports of goods and services, % of GDP18.9%38.6%
Imports of goods and services, % of GDP47%39.3%
Current account balance (balance of payments)-$24.7M-$4.5B
Revenue excluding grants, % of GDP7.5%36.6%
Grants excluding technical cooperation, BoP$486.6MN/A
Personal remittances received$159k$949.7M
Industry including construction value added, % of GDP20.6%24.5%
Agriculture, forestry and fishing value added, % of GDP31.2%2.5%
Charges for the use of intellectual property, payments BoPN/A$1.1B
Charges for the use of intellectual property, receipts BoPN/A$3.4B
Expense, % of GDP7.9%37.9%
Government Expenditure, % of GDP14.7%54.4%

Compare with countries close by GDP per capita

Central African Republic vs

CountryGDP
per capita
Population
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
Eritrea
$811
3.5M
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
Niger
$414
21.5M
Malawi
$389
18.6M
Somalia
$315
11M
Burundi
$272
10.9M

Finland vs

CountryGDP
per capita
Population
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M