The Congo vs Papua New Guinea: Economic Indicators Comparison

Papua New Guinea with a GDP of $23.5B ranked the 114th largest economy in the world, while the Congo ranked 141st with $11.3B. By GDP 5-years average growth and GDP per capita, Papua New Guinea and the Congo ranked 32nd vs 157th and 137th vs 143rd, respectively.

Gross Domestic Product & Income

StatCongoPapua New Guinea
GDP$11.3B$23.5B
GDP growth, 1 year0.8%0%
GDP growth, 5-years average0.9%5%
Population5.3M8.3M
GDP per capita$2.1k$2.7k
GDP per capita growth-1.55%-2.76%
Purchasing Power Parity conversion factor210.642.06
Price level ratio of PPP conversion factor GDP to market exchange rate0.380.63
GDP per capita, PPP adjusted$6.8k$3.7k
GNI, Atlas method$8.6B$22.1B
GNI per capita$1.6k$2.6k
GNI, PPP adjusted$26.5B$36.3B
GNI per capita, PPP adjusted$5.1k$4.2k

Financial system and Human development

StatCongoPapua New Guinea
Income Tax Rate45%42%
Corporate Tax Rate34%30%
Inflation, consumer prices1.2%4.7%
Inflation, GDP deflator22.2%7.1%
Unemployment10.4%2.4%
Economic Freedom Index41.858.4
Personal Freedom Index6.417.24
Human Freedom Index5.556.99
Property Rights Index40.754.9
Judical Effectiveness Index3048.4
Business Freedom Index37.558.4
Fiscal Health Index0.676.4
Labor Freedom Index35.369.6
Investment Freedom Index4525
Financial Freedom Index3030
Trade Freedom Index56.879.8
Monetary Freedom Index83.270.7
Government Spending Index56.286.4
Tax Burden Index63.371.5
Government Integrity Index23.129.7
Corruption Perceptions Index1928
Life expectancy at birth, years6464
Suicide mortality rate, per 100,000 people5.96
Mortality caused by road traffic injury, per 100,000 people27.414.2
Intentional homicides, per 100,000 people9.37.9
International tourism, number of arrivals156k140k

Government debt & reserves

StatCongoPapua New Guinea
Central government debt, % of GDP98.5%36.9%
External debt stocks, % of GNI51.1%78.4%
External debt stocks$5.1B$17.7B
Short-term debt, % of total reserves71.9%20.6%
Total debt service, % of exports and primary income3.2%26.1%
Adjusted net savings including particulate emission damage, % of GNI-40.4%4.9%
Gross savings, % of GDP-4.4%30.4%
Gross capital formation, % of GDP18.2%20%
Total reserves including gold$423.6M$2.2B
Foreign direct investment net inflows$4.3B$335.2M

Exports, imports and economic structure

StatCongoPapua New Guinea
Exports of goods and services, % of GDP98.9%72.2%
Imports of goods and services, % of GDP56%58.9%
Current account balance (balance of payments)-$3.6B$5.5B
Revenue excluding grants, % of GDP23.3%15.9%
Grants excluding technical cooperation, BoP$81.4M$268.9M
Personal remittances received$7.7M$2.9M
Industry including construction value added, % of GDP52.9%36.4%
Agriculture, forestry and fishing value added, % of GDP7.1%17.6%
Charges for the use of intellectual property, payments BoP$3.8M$139k
Charges for the use of intellectual property, receipts BoP$1.6MN/A
Expense, % of GDP20.1%19.1%
Government Expenditure, % of GDP38.2%21.3%

Compare with countries close by GDP per capita

Congo vs

CountryGDP
per capita
Population
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
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
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M

Papua New Guinea vs

CountryGDP
per capita
Population
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
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