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Denmark vs Ethiopia: Economic Indicators Comparison

Denmark with a GDP of $355.7B ranked the 38th largest economy in the world, while Ethiopia ranked 68th with $84.4B. By GDP 5-years average growth and GDP per capita, Denmark and Ethiopia ranked 128th vs 2nd and 12th vs 181st, respectively.

Gross Domestic Product & Income

StatDenmarkEthiopia
GDP$355.7B$84.4B
GDP growth, 1 year1.2%7.7%
GDP growth, 5-years average2%9.3%
Population5.8M105M
GDP per capita$61k$772
GDP per capita growth1.82%4.05%
Purchasing Power Parity conversion factor6.969.97
Price level ratio of PPP conversion factor GDP to market exchange rate1.10.38
GDP per capita, PPP adjusted$52k$2.3k
GNI, Atlas method$348.6B$86.7B
GNI per capita$60k$790
GNI, PPP adjusted$327.1B$219.4B
GNI per capita, PPP adjusted$56k$2k

Financial system and Human development

StatDenmarkEthiopia
Income Tax Rate56%35%
Corporate Tax Rate23.5%30%
Inflation, consumer prices0.7%13.8%
Inflation, GDP deflator0.8%12.5%
Unemployment5%1.8%
Economic Freedom Index78.353.6
Personal Freedom Index9.495.44
Human Freedom Index8.735.33
Property Rights Index86.336.5
Judical Effectiveness Index84.645.1
Business Freedom Index88.748.6
Fiscal Health Index97.779.2
Labor Freedom Index86.257.6
Investment Freedom Index9035
Financial Freedom Index8020
Trade Freedom Index86.460.8
Monetary Freedom Index84.662.7
Government Spending Index19.790.8
Tax Burden Index4277.4
Government Integrity Index9329.4
Corruption Perceptions Index8834
Life expectancy at birth, years8165.9
Suicide mortality rate, per 100,000 people12.87.2
Mortality caused by road traffic injury, per 100,000 people426.7
Intentional homicides, per 100,000 people1.27.6
International tourism, number of arrivals12.7M849k

Government debt & reserves

StatDenmarkEthiopia
Central government debt, % of GDP34.3%61.1%
External debt stocks, % of GNIN/A33.4%
External debt stocksN/A$28B
Short-term debt, % of total reservesN/A18.8%
Total debt service, % of exports and primary incomeN/A20.8%
Adjusted net savings including particulate emission damage, % of GNI18.3%9.3%
Gross savings, % of GDP28.7%33.2%
Gross capital formation, % of GDP23%34.1%
Total reserves including gold$70.9B$4B
Foreign direct investment net inflows$1.2B$3.4B

Exports, imports and economic structure

StatDenmarkEthiopia
Exports of goods and services, % of GDP55.6%8.4%
Imports of goods and services, % of GDP49.6%22.8%
Current account balance (balance of payments)$24.8B-$4.6B
Revenue excluding grants, % of GDP38.9%9%
Grants excluding technical cooperation, BoPN/A$2.4B
Personal remittances received$1.4B$436.3M
Industry including construction value added, % of GDP21.2%27.3%
Agriculture, forestry and fishing value added, % of GDP1%31.2%
Charges for the use of intellectual property, payments BoP$1.6B$26.7M
Charges for the use of intellectual property, receipts BoP$3.3B$7.8M
Expense, % of GDP37.6%10.8%
Government Expenditure, % of GDP51.7%17.5%

Compare with countries close by GDP per capita

Denmark vs

CountryGDP
per capita
Population
Liechtenstein
$165k
37.9k
Luxembourg
$117k
614k
Switzerland
$83k
8.21M
Norway
$82k
5.33M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.17M
Singapore
$65k
5.89M
United States
$63k
325M
Australia
$57k
23.4M
Sweden
$55k
10.3M
Netherlands
$53k
17.2M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k
Brunei
$32k
418k

Ethiopia vs

CountryGDP
per capita
Population
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
3.54M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
26.2M
Benin
$902
10M
Mali
$900
18.5M
Guinea
$879
11.6M
Haiti
$868
10.3M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.52M
Rwanda
$773
12.2M
Chad
$728
11M
Gambia
$716
1.86M
Burkina Faso
$715
19.2M
Togo
$679
6.34M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
22.9M
Afghanistan
$521
34.9M
Mozambique
$499
25.8M
Central African Republic
$476
4.99M
Niger
$414
17.1M
Malawi
$389
18.6M
Somalia
$315
11M