Chile vs Jamaica: Economic Indicators Comparison

Chile with a GDP of $298.2B ranked the 42nd largest economy in the world, while Jamaica ranked 122nd with $15.7B. By GDP 5-years average growth and GDP per capita, Chile and Jamaica ranked 123rd vs 153rd and 59th vs 106th, respectively.

Gross Domestic Product & Income

StatChileJamaica
GDP$298.2B$15.7B
GDP growth, 1 year4%1.4%
GDP growth, 5-years average2.2%1%
Population18.1M2.9M
GDP per capita$16k$5.4k
GDP per capita growth2.59%1.45%
Purchasing Power Parity conversion factor404.8573.98
Price level ratio of PPP conversion factor GDP to market exchange rate0.630.57
GDP per capita, PPP adjusted$26k$9.4k
GNI, Atlas method$274.8B$14.6B
GNI per capita$15k$5k
GNI, PPP adjusted$453B$26.1B
GNI per capita, PPP adjusted$24k$8.9k

Financial system and Human development

StatChileJamaica
Income Tax Rate35%25%
Corporate Tax Rate27%25%
Inflation, consumer prices2.3%3.7%
Inflation, GDP deflator2%4.8%
Unemployment7.2%9.5%
Economic Freedom Index76.868.5
Personal Freedom Index8.47.29
Human Freedom Index8.117.16
Property Rights Index69.962.1
Judical Effectiveness Index61.150.5
Business Freedom Index7577.7
Fiscal Health Index90.580.2
Labor Freedom Index64.774
Investment Freedom Index8580
Financial Freedom Index7050
Trade Freedom Index8968.4
Monetary Freedom Index85.277.7
Government Spending Index80.874.8
Tax Burden Index76.480
Government Integrity Index73.446.8
Corruption Perceptions Index6744
Life expectancy at birth, years79.974.3
Suicide mortality rate, per 100,000 people10.62.2
Mortality caused by road traffic injury, per 100,000 people12.513.6
Intentional homicides, per 100,000 people4.357
International tourism, number of arrivals5.7M2.5M

Government debt & reserves

StatChileJamaica
Central government debt, % of GDP25.6%99.4%
External debt stocks, % of GNIN/A108%
External debt stocksN/A$16.3B
Short-term debt, % of total reservesN/A56.4%
Total debt service, % of exports and primary incomeN/A20.4%
Adjusted net savings including particulate emission damage, % of GNI3.6%15.9%
Gross savings, % of GDP19.5%21.3%
Gross capital formation, % of GDP22.7%23.3%
Total reserves including gold$39.9B$3.5B
Foreign direct investment net inflows$6.1B$774.6M

Exports, imports and economic structure

StatChileJamaica
Exports of goods and services, % of GDP28.8%38%
Imports of goods and services, % of GDP28.7%51.1%
Current account balance (balance of payments)-$9.2B-$287.6M
Revenue excluding grants, % of GDP22%29.3%
Grants excluding technical cooperation, BoP$25.2M$96.8M
Personal remittances received$66.1M$2.5B
Industry including construction value added, % of GDP30%20.3%
Agriculture, forestry and fishing value added, % of GDP3.6%6.6%
Charges for the use of intellectual property, payments BoP$1.8B$50.8M
Charges for the use of intellectual property, receipts BoP$46.2M$5.3M
Expense, % of GDP22.4%26.7%
Government Expenditure, % of GDP25.3%29%

Compare with countries close by GDP per capita

Chile vs

CountryGDP
per capita
Population
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
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

Jamaica vs

CountryGDP
per capita
Population
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
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
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
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M