Croatia vs the Philippines: Economic Indicators Comparison

The Philippines with a GDP of $330.9B ranked the 40th largest economy in the world, while Croatia ranked 76th with $61B. By GDP 5-years average growth and GDP per capita, the Philippines and Croatia ranked 21st vs 118th and 134th vs 63rd, respectively.

Gross Domestic Product & Income

StatCroatiaPhilippines
GDP$61B$330.9B
GDP growth, 1 year2.7%6.2%
GDP growth, 5-years average2.3%6.4%
Population4.1M104.9M
GDP per capita$15k$3.1k
GDP per capita growth3.51%4.77%
Purchasing Power Parity conversion factor3.3918.25
Price level ratio of PPP conversion factor GDP to market exchange rate0.540.35
GDP per capita, PPP adjusted$26k$8.9k
GNI, Atlas method$57.2B$408.8B
GNI per capita$14k$3.8k
GNI, PPP adjusted$111.1B$1.1T
GNI per capita, PPP adjusted$27k$11k

Financial system and Human development

StatCroatiaPhilippines
Income Tax Rate40%35%
Corporate Tax Rate18%30%
Inflation, consumer prices1.5%5.2%
Inflation, GDP deflator1.8%3.8%
Unemployment8.9%2.5%
Economic Freedom Index62.264.5
Personal Freedom Index8.087.06
Human Freedom Index7.466.92
Property Rights Index69.954.6
Judical Effectiveness Index39.634.2
Business Freedom Index53.659.5
Fiscal Health Index89.196.3
Labor Freedom Index4457.4
Investment Freedom Index7560
Financial Freedom Index6060
Trade Freedom Index86.481.6
Monetary Freedom Index77.666.9
Government Spending Index34.787.9
Tax Burden Index65.976.7
Government Integrity Index5138.7
Corruption Perceptions Index4836
Life expectancy at birth, years77.871
Suicide mortality rate, per 100,000 people16.53.2
Mortality caused by road traffic injury, per 100,000 people8.112.3
Intentional homicides, per 100,000 people1.18.4
International tourism, number of arrivals16.6M7.2M

Government debt & reserves

StatCroatiaPhilippines
Central government debt, % of GDP73.9%39.6%
External debt stocks, % of GNIN/A19.9%
External debt stocksN/A$78.8B
Short-term debt, % of total reservesN/A20.3%
Total debt service, % of exports and primary incomeN/A8.7%
Adjusted net savings including particulate emission damage, % of GNI10.8%28.5%
Gross savings, % of GDP24.2%42.4%
Gross capital formation, % of GDP23.1%26.9%
Total reserves including gold$20B$79.2B
Foreign direct investment net inflows$1.3B$9.8B

Exports, imports and economic structure

StatCroatiaPhilippines
Exports of goods and services, % of GDP50.5%31.7%
Imports of goods and services, % of GDP51.4%44.4%
Current account balance (balance of payments)$1.5B-$8.7B
Revenue excluding grants, % of GDP39.7%16.3%
Grants excluding technical cooperation, BoP$260k$436.5M
Personal remittances received$2.9B$33.8B
Industry including construction value added, % of GDP20.4%30.7%
Agriculture, forestry and fishing value added, % of GDP2.9%9.3%
Charges for the use of intellectual property, payments BoP$309.7M$917M
Charges for the use of intellectual property, receipts BoP$63.2M$44.1M
Expense, % of GDP38.5%14.9%
Government Expenditure, % of GDP46.6%20.1%

Compare with countries close by GDP per capita

Croatia vs

CountryGDP
per capita
Population
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
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
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
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M

Philippines vs

CountryGDP
per capita
Population
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
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
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
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
Congo
$2.1k
5.26M
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