El Salvador vs Ghana: Economic Indicators Comparison
Ghana with a GDP of $65.6B ranked the 73rd largest economy in the world, while El Salvador ranked 107th with $26.1B. By GDP 5-years average growth and GDP per capita, Ghana and El Salvador ranked 46th vs 119th and 142nd vs 121st, respectively.
Gross Domestic Product & Income
Stat | El Salvador | Ghana |
---|---|---|
GDP | $26.1B | $65.6B |
GDP growth, 1 year | 2.5% | 5.6% |
GDP growth, 5-years average | 2.3% | 4.5% |
Population | 6.4M | 26.9M |
GDP per capita | $4.1k | $2.2k |
GDP per capita growth | 2.02% | 3.96% |
Purchasing Power Parity conversion factor | 0.49 | 2.13 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.49 | 0.46 |
GDP per capita, PPP adjusted | $8k | $6.5k |
GNI, Atlas method | $24.5B | $63.4B |
GNI per capita | $3.8k | $2.1k |
GNI, PPP adjusted | $50.5B | $138.5B |
GNI per capita, PPP adjusted | $7.9k | $4.7k |
Financial system and Human development
Stat | El Salvador | Ghana |
---|---|---|
Income Tax Rate | 30% | 35% |
Corporate Tax Rate | 30% | 25% |
Inflation, consumer prices | 1.1% | 9.8% |
Inflation, GDP deflator | 1.9% | 10.2% |
Unemployment | 4.4% | 6.7% |
Economic Freedom Index | 61.6 | 59.4 |
Personal Freedom Index | 7.27 | 7.64 |
Human Freedom Index | 7.4 | 7.21 |
Property Rights Index | 41.6 | 52.5 |
Judical Effectiveness Index | 30.1 | 46.1 |
Business Freedom Index | 53.6 | 58.4 |
Fiscal Health Index | 80 | 35.6 |
Labor Freedom Index | 52.3 | 59.3 |
Investment Freedom Index | 70 | 70 |
Financial Freedom Index | 60 | 60 |
Trade Freedom Index | 80.8 | 63.8 |
Monetary Freedom Index | 78.6 | 68.9 |
Government Spending Index | 82.8 | 88.1 |
Tax Burden Index | 77.8 | 78.4 |
Government Integrity Index | 31.6 | 32.2 |
Corruption Perceptions Index | 35 | 41 |
Life expectancy at birth, years | 72.9 | 63.5 |
Suicide mortality rate, per 100,000 people | 13.7 | 5.4 |
Mortality caused by road traffic injury, per 100,000 people | 22.2 | 24.9 |
Intentional homicides, per 100,000 people | 61.8 | 2.1 |
International tourism, number of arrivals | 1.7M | 897k |
Government debt & reserves
Stat | El Salvador | Ghana |
---|---|---|
Central government debt, % of GDP | 67.1% | 59.6% |
External debt stocks, % of GNI | 71.1% | 36.3% |
External debt stocks | $17.5B | $23.3B |
Short-term debt, % of total reserves | 58% | 57.7% |
Total debt service, % of exports and primary income | 45.8% | 9.4% |
Adjusted net savings including particulate emission damage, % of GNI | 6.4% | -8.4% |
Gross savings, % of GDP | 15.7% | 21% |
Gross capital formation, % of GDP | 20.4% | 14.9% |
Total reserves including gold | $3.6B | $6.3B |
Foreign direct investment net inflows | $426.8M | $3B |
Exports, imports and economic structure
Stat | El Salvador | Ghana |
---|---|---|
Exports of goods and services, % of GDP | 28.9% | 35.3% |
Imports of goods and services, % of GDP | 48.6% | 36.4% |
Current account balance (balance of payments) | -$1.2B | -$2B |
Revenue excluding grants, % of GDP | 25.1% | 27.2% |
Grants excluding technical cooperation, BoP | $263.7M | $713.6M |
Personal remittances received | $5.4B | $3.5B |
Industry including construction value added, % of GDP | 25.3% | 31.5% |
Agriculture, forestry and fishing value added, % of GDP | 4.9% | 18.3% |
Charges for the use of intellectual property, payments BoP | $98.8M | $700k |
Charges for the use of intellectual property, receipts BoP | $23M | N/A |
Expense, % of GDP | 24.9% | 30.5% |
Government Expenditure, % of GDP | 23.9% | 20% |