El Salvador vs Montenegro: Economic Indicators Comparison

El Salvador with a GDP of $26.1B ranked the 107th largest economy in the world, while Montenegro ranked 153rd with $5.5B. By GDP 5-years average growth and GDP per capita, El Salvador and Montenegro ranked 119th vs 67th and 121st vs 81st, respectively.

Gross Domestic Product & Income

StatEl SalvadorMontenegro
GDP$26.1B$5.5B
GDP growth, 1 year2.5%4.5%
GDP growth, 5-years average2.3%3.5%
Population6.4M622k
GDP per capita$4.1k$8.8k
GDP per capita growth2.02%5.08%
Purchasing Power Parity conversion factor0.490.36
Price level ratio of PPP conversion factor GDP to market exchange rate0.490.43
GDP per capita, PPP adjusted$8k$19k
GNI, Atlas method$24.5B$5.2B
GNI per capita$3.8k$8.4k
GNI, PPP adjusted$50.5B$13B
GNI per capita, PPP adjusted$7.9k$21k

Financial system and Human development

StatEl SalvadorMontenegro
Income Tax Rate30%9%
Corporate Tax Rate30%9%
Inflation, consumer prices1.1%2.6%
Inflation, GDP deflator1.9%3.2%
Unemployment4.4%15.5%
Economic Freedom Index61.661.5
Personal Freedom Index7.278.12
Human Freedom Index7.47.67
Property Rights Index41.659.1
Judical Effectiveness Index30.155.3
Business Freedom Index53.670.8
Fiscal Health Index8023.4
Labor Freedom Index52.374.8
Investment Freedom Index7075
Financial Freedom Index6050
Trade Freedom Index80.883.8
Monetary Freedom Index78.680.3
Government Spending Index82.832.1
Tax Burden Index77.885.4
Government Integrity Index31.647.5
Corruption Perceptions Index3545
Life expectancy at birth, years72.976.7
Suicide mortality rate, per 100,000 people13.710.3
Mortality caused by road traffic injury, per 100,000 people22.210.7
Intentional homicides, per 100,000 people61.82.4
International tourism, number of arrivals1.7M2.1M

Government debt & reserves

StatEl SalvadorMontenegro
Central government debt, % of GDP67.1%72.1%
External debt stocks, % of GNI71.1%144.1%
External debt stocks$17.5B$8B
Short-term debt, % of total reserves58%17.2%
Total debt service, % of exports and primary income45.8%63.7%
Adjusted net savings including particulate emission damage, % of GNI6.4%N/A
Gross savings, % of GDP15.7%14.9%
Gross capital formation, % of GDP20.4%31.9%
Total reserves including gold$3.6B$1.2B
Foreign direct investment net inflows$426.8M$485.7M

Exports, imports and economic structure

StatEl SalvadorMontenegro
Exports of goods and services, % of GDP28.9%42.9%
Imports of goods and services, % of GDP48.6%66.7%
Current account balance (balance of payments)-$1.2B-$943M
Revenue excluding grants, % of GDP25.1%N/A
Grants excluding technical cooperation, BoP$263.7M$57.7M
Personal remittances received$5.4B$588.9M
Industry including construction value added, % of GDP25.3%15.9%
Agriculture, forestry and fishing value added, % of GDP4.9%6.7%
Charges for the use of intellectual property, payments BoP$98.8M$6M
Charges for the use of intellectual property, receipts BoP$23M$432k
Expense, % of GDP24.9%N/A
Government Expenditure, % of GDP23.9%47.6%

Compare with countries close by GDP per capita

El Salvador vs

CountryGDP
per capita
Population
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k

Montenegro vs

CountryGDP
per capita
Population
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
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
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
Dominica
$7.7k
73.9k
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