Costa Rica vs Iraq: Economic Indicators Comparison
Iraq with a GDP of $224.2B ranked the 50th largest economy in the world, while Costa Rica ranked 77th with $60.1B. By GDP 5-years average growth and GDP per capita, Iraq and Costa Rica ranked 85th vs 70th and 103rd vs 65th, respectively.
Gross Domestic Product & Income
Stat | Costa Rica | Iraq |
---|---|---|
GDP | $60.1B | $224.2B |
GDP growth, 1 year | 2.7% | 0.6% |
GDP growth, 5-years average | 3.5% | 3.1% |
Population | 4.9M | 38.3M |
GDP per capita | $12k | $5.8k |
GDP per capita growth | 1.62% | -2.84% |
Purchasing Power Parity conversion factor | 392.7 | 395.51 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.68 | 0.33 |
GDP per capita, PPP adjusted | $18k | $18k |
GNI, Atlas method | $57.6B | $193.6B |
GNI per capita | $12k | $5k |
GNI, PPP adjusted | $83.5B | $661.5B |
GNI per capita, PPP adjusted | $17k | $17k |
Financial system and Human development
Stat | Costa Rica | Iraq |
---|---|---|
Income Tax Rate | 25% | 15% |
Corporate Tax Rate | 30% | 15% |
Inflation, consumer prices | 2.3% | 0.4% |
Inflation, GDP deflator | 2.4% | 15.4% |
Unemployment | 8.1% | 7.9% |
Economic Freedom Index | 65.8 | 21 |
Personal Freedom Index | 8.28 | 3.21 |
Human Freedom Index | 7.81 | 4.28 |
Property Rights Index | 66.7 | 43.9 |
Judical Effectiveness Index | 54.4 | 11.2 |
Business Freedom Index | 66.5 | 52.6 |
Fiscal Health Index | 39.7 | 76.6 |
Labor Freedom Index | 55 | 44.8 |
Investment Freedom Index | 70 | N/A |
Financial Freedom Index | 50 | N/A |
Trade Freedom Index | 81.4 | N/A |
Monetary Freedom Index | 81.2 | 76.4 |
Government Spending Index | 88.4 | 59.5 |
Tax Burden Index | 78.9 | N/A |
Government Integrity Index | 57.2 | 20.8 |
Corruption Perceptions Index | 56 | 18 |
Life expectancy at birth, years | 79.9 | 70.3 |
Suicide mortality rate, per 100,000 people | 7.9 | 3 |
Mortality caused by road traffic injury, per 100,000 people | 16.7 | 20.7 |
Intentional homicides, per 100,000 people | 12.3 | 9.9 |
International tourism, number of arrivals | 3M | 892k |
Government debt & reserves
Stat | Costa Rica | Iraq |
---|---|---|
Central government debt, % of GDP | 53.5% | 48.4% |
External debt stocks, % of GNI | 49% | N/A |
External debt stocks | $27.8B | N/A |
Short-term debt, % of total reserves | 44.9% | N/A |
Total debt service, % of exports and primary income | 18.3% | N/A |
Adjusted net savings including particulate emission damage, % of GNI | 15.9% | -7% |
Gross savings, % of GDP | 14.7% | 20.1% |
Gross capital formation, % of GDP | 19% | 12.9% |
Total reserves including gold | $7.5B | $64.7B |
Foreign direct investment net inflows | $2.8B | -$4.9B |
Exports, imports and economic structure
Stat | Costa Rica | Iraq |
---|---|---|
Exports of goods and services, % of GDP | 33.7% | 44% |
Imports of goods and services, % of GDP | 33.2% | 35.9% |
Current account balance (balance of payments) | -$1.9B | $34.4B |
Revenue excluding grants, % of GDP | 25.2% | 26.3% |
Grants excluding technical cooperation, BoP | $26.1M | $1.7B |
Personal remittances received | $533.5M | $741.7M |
Industry including construction value added, % of GDP | 19.5% | 56.1% |
Agriculture, forestry and fishing value added, % of GDP | 4.6% | 2% |
Charges for the use of intellectual property, payments BoP | $565.2M | $7.8M |
Charges for the use of intellectual property, receipts BoP | $5.9M | $100k |
Expense, % of GDP | 30% | 25.3% |
Government Expenditure, % of GDP | 19.7% | 36.7% |