Dominica vs Eritrea: Economic Indicators Comparison

Eritrea with a GDP of $2.6B ranked the 170th largest economy in the world, while Dominica ranked 189th with $550.9M. By GDP 5-years average growth and GDP per capita, Eritrea and Dominica ranked 79th vs 177th and 178th vs 87th, respectively.

Gross Domestic Product & Income

StatDominicaEritrea
GDP$550.9M$2.6B
GDP growth, 1 year-12%4.2%
GDP growth, 5-years average-2.8%3.3%
Population74k3.5M
GDP per capita$7.7k$811
GDP per capita growth2.03%7.21%
Purchasing Power Parity conversion factor1.875.93
Price level ratio of PPP conversion factor GDP to market exchange rate0.690.39
GDP per capita, PPP adjusted$9.9k$1.7k
GNI, Atlas method$508.1M$2.3B
GNI per capita$7.1k$720
GNI, PPP adjusted$735.4M$6.7B
GNI per capita, PPP adjusted$10k$2.1k

Financial system and Human development

StatDominicaEritrea
Income Tax Rate35%30%
Corporate Tax Rate30%30%
Inflation, consumer prices1.4%9%
Inflation, GDP deflator3.6%13.3%
Unemployment0%6.5%
Economic Freedom Index60.838.5
Personal Freedom Index6.14.8
Human Freedom Index6.14.8
Property Rights Index59.832.5
Judical Effectiveness Index62.614.3
Business Freedom Index70.418.2
Fiscal Health Index86.20
Labor Freedom Index60.769.7
Investment Freedom Index700
Financial Freedom Index3020
Trade Freedom Index68.469.2
Monetary Freedom Index83.561
Government Spending Index1674.7
Tax Burden Index70.581.4
Government Integrity Index51.221.4
Corruption Perceptions Index5724
Life expectancy at birth, years76.665.5
Suicide mortality rate, per 100,000 people27.9
Mortality caused by road traffic injury, per 100,000 people10.925.3
Intentional homicides, per 100,000 people25.78
International tourism, number of arrivals63k142k

Government debt & reserves

StatDominicaEritrea
Central government debt, % of GDP83.1%129.4%
External debt stocks, % of GNI55.3%40.8%
External debt stocks$279.2M$791.2M
Short-term debt, % of total reserves6.9%16%
Total debt service, % of exports and primary income16.5%4.3%
Adjusted net savings including particulate emission damage, % of GNIN/A0.5%
Gross savings, % of GDPN/A15.8%
Gross capital formation, % of GDPN/A10%
Total reserves including gold$191.3M$114.8M
Foreign direct investment net inflows$13.3M$61M

Exports, imports and economic structure

StatDominicaEritrea
Exports of goods and services, % of GDP42.9%14.4%
Imports of goods and services, % of GDP65.1%23.2%
Current account balance (balance of payments)-$225.1M-$104.7M
Revenue excluding grants, % of GDPN/AN/A
Grants excluding technical cooperation, BoP$28.3M$82M
Personal remittances received$49.2M$3.3M
Industry including construction value added, % of GDP15.8%21.8%
Agriculture, forestry and fishing value added, % of GDP11.1%14.1%
Charges for the use of intellectual property, payments BoP$662k$281k
Charges for the use of intellectual property, receipts BoP$119$94k
Expense, % of GDPN/AN/A
Government Expenditure, % of GDP52.9%29.1%

Compare with countries close by GDP per capita

Dominica vs

CountryGDP
per capita
Population
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
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M

Eritrea vs

CountryGDP
per capita
Population
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
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
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
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