Costa Rica vs Madagascar: Economic Indicators Comparison
Costa Rica with a GDP of $60.1B ranked the 77th largest economy in the world, while Madagascar ranked 130th with $13.9B. By GDP 5-years average growth and GDP per capita, Costa Rica and Madagascar ranked 70th vs 55th and 65th vs 190th, respectively.
Gross Domestic Product & Income
| Stat |  Costa Rica |  Madagascar |
|---|---|---|
| GDP | $60.1B | $13.9B |
| GDP growth, 1 year | 2.7% | 5.2% |
| GDP growth, 5-years average | 3.5% | 4% |
| Population | 4.9M | 25.6M |
| GDP per capita | $12k | $528 |
| GDP per capita growth | 1.62% | 1.81% |
| Purchasing Power Parity conversion factor | 392.7 | 929.9 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.68 | 0.28 |
| GDP per capita, PPP adjusted | $18k | $1.6k |
| GNI, Atlas method | $57.6B | $13.3B |
| GNI per capita | $12k | $510 |
| GNI, PPP adjusted | $83.5B | $48.2B |
| GNI per capita, PPP adjusted | $17k | $1.8k |
Financial system and Human development
| Stat | Costa Rica | Madagascar |
|---|---|---|
| Income Tax Rate | 25% | 20% |
| Corporate Tax Rate | 30% | 20% |
| Inflation, consumer prices | 2.3% | 7.3% |
| Inflation, GDP deflator | 2.4% | 7.6% |
| Unemployment | 8.1% | 1.7% |
| Economic Freedom Index | 65.8 | 60.5 |
| Personal Freedom Index | 8.28 | 7.29 |
| Human Freedom Index | 7.81 | 6.69 |
| Property Rights Index | 66.7 | 45.6 |
| Judical Effectiveness Index | 54.4 | 39.6 |
| Business Freedom Index | 66.5 | 47.3 |
| Fiscal Health Index | 39.7 | 90.6 |
| Labor Freedom Index | 55 | 44.6 |
| Investment Freedom Index | 70 | 55 |
| Financial Freedom Index | 50 | 50 |
| Trade Freedom Index | 81.4 | 73.6 |
| Monetary Freedom Index | 81.2 | 72.7 |
| Government Spending Index | 88.4 | 91.5 |
| Tax Burden Index | 78.9 | 90.7 |
| Government Integrity Index | 57.2 | 25 |
| Corruption Perceptions Index | 56 | 25 |
| Life expectancy at birth, years | 79.9 | 66.3 |
| Suicide mortality rate, per 100,000 people | 7.9 | 3.9 |
| Mortality caused by road traffic injury, per 100,000 people | 16.7 | 28.6 |
| Intentional homicides, per 100,000 people | 12.3 | 7.7 |
| International tourism, number of arrivals | 3M | 291k |
Government debt & reserves
| Stat | Costa Rica | Madagascar |
|---|---|---|
| Central government debt, % of GDP | 53.5% | 39.7% |
| External debt stocks, % of GNI | 49% | 31.8% |
| External debt stocks | $27.8B | $3.7B |
| Short-term debt, % of total reserves | 44.9% | 15.6% |
| Total debt service, % of exports and primary income | 18.3% | 2.7% |
| Adjusted net savings including particulate emission damage, % of GNI | 15.9% | 7.7% |
| Gross savings, % of GDP | 14.7% | 18.6% |
| Gross capital formation, % of GDP | 19% | 19.6% |
| Total reserves including gold | $7.5B | $1.7B |
| Foreign direct investment net inflows | $2.8B | $612M |
Exports, imports and economic structure
| Stat | Costa Rica | Madagascar |
|---|---|---|
| Exports of goods and services, % of GDP | 33.7% | 28.7% |
| Imports of goods and services, % of GDP | 33.2% | 33.8% |
| Current account balance (balance of payments) | -$1.9B | $80.1M |
| Revenue excluding grants, % of GDP | 25.2% | 11.4% |
| Grants excluding technical cooperation, BoP | $26.1M | $373.7M |
| Personal remittances received | $533.5M | $425.5M |
| Industry including construction value added, % of GDP | 19.5% | 23.1% |
| Agriculture, forestry and fishing value added, % of GDP | 4.6% | 23.8% |
| Charges for the use of intellectual property, payments BoP | $565.2M | $17.1M |
| Charges for the use of intellectual property, receipts BoP | $5.9M | $4.5M |
| Expense, % of GDP | 30% | 9.8% |
| Government Expenditure, % of GDP | 19.7% | 16.8% |
