Egypt vs Eritrea: Economic Indicators Comparison

Egypt with a GDP of $250.9B ranked the 45th largest economy in the world, while Eritrea ranked 170th with $2.6B. By GDP 5-years average growth and GDP per capita, Egypt and Eritrea ranked 49th vs 79th and 139th vs 178th, respectively.

Gross Domestic Product & Income

Stat	Egypt	Eritrea
GDP	$250.9B	$2.6B
GDP growth, 1 year	5.3%	4.2%
GDP growth, 5-years average	4.2%	3.3%
Population	94.8M	3.5M
GDP per capita	$2.5k	$811
GDP per capita growth	3.19%	7.21%
Purchasing Power Parity conversion factor	3.63	5.93
Price level ratio of PPP conversion factor GDP to market exchange rate	0.21	0.39
GDP per capita, PPP adjusted	$13k	$1.7k
GNI, Atlas method	$275.4B	$2.3B
GNI per capita	$2.8k	$720
GNI, PPP adjusted	$1.2T	$6.7B
GNI per capita, PPP adjusted	$12k	$2.1k

Financial system and Human development

Stat	Egypt	Eritrea
Income Tax Rate	25%	30%
Corporate Tax Rate	23%	30%
Inflation, consumer prices	20.9%	9%
Inflation, GDP deflator	21.4%	13.3%
Unemployment	11.4%	6.5%
Economic Freedom Index	54	38.5
Personal Freedom Index	5.27	4.8
Human Freedom Index	5.82	4.8
Property Rights Index	48.5	32.5
Judical Effectiveness Index	51.2	14.3
Business Freedom Index	62	18.2
Fiscal Health Index	2.8	0
Labor Freedom Index	51.5	69.7
Investment Freedom Index	60	0
Financial Freedom Index	50	20
Trade Freedom Index	70.2	69.2
Monetary Freedom Index	61.3	61
Government Spending Index	69.9	74.7
Tax Burden Index	86.1	81.4
Government Integrity Index	34	21.4
Corruption Perceptions Index	35	24
Life expectancy at birth, years	71.7	65.5
Suicide mortality rate, per 100,000 people	4	7.9
Mortality caused by road traffic injury, per 100,000 people	9.7	25.3
Intentional homicides, per 100,000 people	2.5	8
International tourism, number of arrivals	11.2M	142k

Government debt & reserves

Stat	Egypt	Eritrea
Central government debt, % of GDP	92.6%	129.4%
External debt stocks, % of GNI	40.4%	40.8%
External debt stocks	$98.7B	$791.2M
Short-term debt, % of total reserves	24.7%	16%
Total debt service, % of exports and primary income	15%	4.3%
Adjusted net savings including particulate emission damage, % of GNI	1.2%	0.5%
Gross savings, % of GDP	13.9%	15.8%
Gross capital formation, % of GDP	16.7%	10%
Total reserves including gold	$41.8B	$114.8M
Foreign direct investment net inflows	$6.8B	$61M

Exports, imports and economic structure

Stat	Egypt	Eritrea
Exports of goods and services, % of GDP	18.9%	14.4%
Imports of goods and services, % of GDP	29.4%	23.2%
Current account balance (balance of payments)	-$6.3B	-$104.7M
Revenue excluding grants, % of GDP	21%	N/A
Grants excluding technical cooperation, BoP	$345.4M	$82M
Personal remittances received	$25.5B	$3.3M
Industry including construction value added, % of GDP	35.1%	21.8%
Agriculture, forestry and fishing value added, % of GDP	11.2%	14.1%
Charges for the use of intellectual property, payments BoP	$298M	$281k
Charges for the use of intellectual property, receipts BoP	$122M	$94k
Expense, % of GDP	30.2%	N/A
Government Expenditure, % of GDP	31.7%	29.1%