Denmark vs Rwanda: Economic Indicators Comparison

Denmark with a GDP of $355.7B ranked the 38th largest economy in the world, while Rwanda ranked 145th with $9.5B. By GDP 5-years average growth and GDP per capita, Denmark and Rwanda ranked 128th vs 7th and 12th vs 180th, respectively.

Gross Domestic Product & Income

StatDenmarkRwanda
GDP$355.7B$9.5B
GDP growth, 1 year1.2%8.6%
GDP growth, 5-years average2%7.4%
Population5.8M12.2M
GDP per capita$61k$773
GDP per capita growth1.82%5.77%
Purchasing Power Parity conversion factor6.96295.65
Price level ratio of PPP conversion factor GDP to market exchange rate1.10.34
GDP per capita, PPP adjusted$52k$2.3k
GNI, Atlas method$348.6B$9.6B
GNI per capita$60k$780
GNI, PPP adjusted$327.1B$27.1B
GNI per capita, PPP adjusted$56k$2.2k

Financial system and Human development

StatDenmarkRwanda
Income Tax Rate56%30%
Corporate Tax Rate23.5%30%
Inflation, consumer prices0.7%1.4%
Inflation, GDP deflator0.8%-0.8%
Unemployment5%1%
Economic Freedom Index78.370.9
Personal Freedom Index9.497.34
Human Freedom Index8.737
Property Rights Index86.376.5
Judical Effectiveness Index84.678.3
Business Freedom Index88.760.3
Fiscal Health Index97.786.7
Labor Freedom Index86.281.8
Investment Freedom Index9060
Financial Freedom Index8040
Trade Freedom Index86.470.4
Monetary Freedom Index84.679.8
Government Spending Index19.779.8
Tax Burden Index4279.2
Government Integrity Index9357.6
Corruption Perceptions Index8856
Life expectancy at birth, years8168.3
Suicide mortality rate, per 100,000 people12.86.7
Mortality caused by road traffic injury, per 100,000 people429.7
Intentional homicides, per 100,000 people1.22.5
International tourism, number of arrivals12.7M932k

Government debt & reserves

StatDenmarkRwanda
Central government debt, % of GDP34.3%40.7%
External debt stocks, % of GNIN/A58%
External debt stocksN/A$5.4B
Short-term debt, % of total reservesN/A8.5%
Total debt service, % of exports and primary incomeN/A12.6%
Adjusted net savings including particulate emission damage, % of GNI18.3%-4.4%
Gross savings, % of GDP28.7%12.4%
Gross capital formation, % of GDP23%24.4%
Total reserves including gold$70.9B$1.2B
Foreign direct investment net inflows$1.2B$305.5M

Exports, imports and economic structure

StatDenmarkRwanda
Exports of goods and services, % of GDP55.6%17.4%
Imports of goods and services, % of GDP49.6%34.1%
Current account balance (balance of payments)$24.8B-$746.9M
Revenue excluding grants, % of GDP38.9%20%
Grants excluding technical cooperation, BoPN/A$621.4M
Personal remittances received$1.4B$260.5M
Industry including construction value added, % of GDP21.2%16.2%
Agriculture, forestry and fishing value added, % of GDP1%29%
Charges for the use of intellectual property, payments BoP$1.6BN/A
Charges for the use of intellectual property, receipts BoP$3.3BN/A
Expense, % of GDP37.6%18.9%
Government Expenditure, % of GDP51.7%26%

Compare with countries close by GDP per capita

Denmark vs

CountryGDP
per capita
Population
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k

Rwanda vs

CountryGDP
per capita
Population
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M
Niger
$414
21.5M
Malawi
$389
18.6M