Curacao vs Guinea-Bissau: Economic Indicators Comparison
Curacao with a GDP of $3.1B ranked the 166th largest economy in the world, while Guinea-Bissau ranked 181st with $1.5B. By GDP per capita, Curacao and Guinea-Bissau ranked 46th vs 179th, respectively.
Gross Domestic Product & Income
| Stat |  Curacao |  Guinea-Bissau |
|---|---|---|
| GDP | $3.1B | $1.5B |
| GDP growth, 1 year | -2.17% | 3.8% |
| GDP growth, 5-years average | N/A | 4.6% |
| Population | 160k | 1.9M |
| GDP per capita | $20k | $778 |
| GDP per capita growth | -1.97% | 1.24% |
| Purchasing Power Parity conversion factor | 1.26 | 240.31 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.71 | 0.43 |
| GDP per capita, PPP adjusted | $28k | $1.9k |
| GNI, Atlas method | $3.1B | $1.4B |
| GNI per capita | $19k | $750 |
| GNI, PPP adjusted | $4.5B | $3.4B |
| GNI per capita, PPP adjusted | $28k | $1.8k |
Financial system and Human development
| Stat | Curacao | Guinea-Bissau |
|---|---|---|
| Income Tax Rate | N/A | 20% |
| Corporate Tax Rate | N/A | 25% |
| Inflation, consumer prices | 1.6% | 1.4% |
| Inflation, GDP deflator | 2.6% | -0.4% |
| Unemployment | 13.4% | 4.1% |
| Economic Freedom Index | 78 | 53.3 |
| Personal Freedom Index | 7.3 | 6.83 |
| Human Freedom Index | 7.2 | 5.97 |
| Property Rights Index | N/A | 41.3 |
| Judical Effectiveness Index | N/A | 48.4 |
| Business Freedom Index | N/A | 39.1 |
| Fiscal Health Index | N/A | 67.3 |
| Labor Freedom Index | N/A | 61.2 |
| Investment Freedom Index | N/A | 30 |
| Financial Freedom Index | N/A | 30 |
| Trade Freedom Index | N/A | 49 |
| Monetary Freedom Index | N/A | 82.7 |
| Government Spending Index | N/A | 86.7 |
| Tax Burden Index | N/A | 88.7 |
| Government Integrity Index | N/A | 14.8 |
| Corruption Perceptions Index | 72 | 16 |
| Life expectancy at birth, years | 78 | 57.7 |
| Suicide mortality rate, per 100,000 people | 0.5 | 4 |
| Mortality caused by road traffic injury, per 100,000 people | 17 | 31.1 |
| Intentional homicides, per 100,000 people | 19.2 | 1.1 |
| International tourism, number of arrivals | 432k | 45k |
Government debt & reserves
| Stat | Curacao | Guinea-Bissau |
|---|---|---|
| Central government debt, % of GDP | N/A | 56.1% |
| External debt stocks, % of GNI | N/A | 28.9% |
| External debt stocks | N/A | $420.7M |
| Short-term debt, % of total reserves | N/A | N/A |
| Total debt service, % of exports and primary income | N/A | 1.9% |
| Adjusted net savings including particulate emission damage, % of GNI | N/A | -11% |
| Gross savings, % of GDP | 22.3% | 8.8% |
| Gross capital formation, % of GDP | N/A | 10.9% |
| Total reserves including gold | N/A | N/A |
| Foreign direct investment net inflows | $126.9M | $20.6M |
Exports, imports and economic structure
| Stat | Curacao | Guinea-Bissau |
|---|---|---|
| Exports of goods and services, % of GDP | 72.2% | 25.3% |
| Imports of goods and services, % of GDP | 85.3% | 32.5% |
| Current account balance (balance of payments) | -$897.8M | -$54.1M |
| Revenue excluding grants, % of GDP | N/A | 12.7% |
| Grants excluding technical cooperation, BoP | N/A | $80M |
| Personal remittances received | $155.3M | $127.9M |
| Industry including construction value added, % of GDP | 16.8% | 12.6% |
| Agriculture, forestry and fishing value added, % of GDP | 0.4% | 47.5% |
| Charges for the use of intellectual property, payments BoP | $26.7M | $2.4k |
| Charges for the use of intellectual property, receipts BoP | $4.4M | $79k |
| Expense, % of GDP | N/A | 12.6% |
| Government Expenditure, % of GDP | N/A | 21.1% |
