El Salvador vs Venezuela: Economic Indicators Comparison
Venezuela with a GDP of $482.4B ranked the 27th largest economy in the world, while El Salvador ranked 107th with $26.1B. By GDP 5-years average growth and GDP per capita, Venezuela and El Salvador ranked 181st vs 119th and 58th vs 121st, respectively.
Gross Domestic Product & Income
Stat | El Salvador | Venezuela |
---|---|---|
GDP | $26.1B | $482.4B |
GDP growth, 1 year | 2.5% | -18% |
GDP growth, 5-years average | 2.3% | -12.2% |
Population | 6.4M | 28.5M |
GDP per capita | $4.1k | $16k |
GDP per capita growth | 2.02% | -18.17% |
Purchasing Power Parity conversion factor | 0.49 | 5.57 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.49 | 0.89 |
GDP per capita, PPP adjusted | $8k | $8.8k |
GNI, Atlas method | $24.5B | $392.9B |
GNI per capita | $3.8k | $13k |
GNI, PPP adjusted | $50.5B | $352.8B |
GNI per capita, PPP adjusted | $7.9k | $12k |
Financial system and Human development
Stat | El Salvador | Venezuela |
---|---|---|
Income Tax Rate | 30% | 34% |
Corporate Tax Rate | 30% | 34% |
Inflation, consumer prices | 1.1% | 929789.5% |
Inflation, GDP deflator | 1.9% | 748.1% |
Unemployment | 4.4% | 8.4% |
Economic Freedom Index | 61.6 | 25.2 |
Personal Freedom Index | 7.27 | 6.33 |
Human Freedom Index | 7.4 | 5.27 |
Property Rights Index | 41.6 | 10.1 |
Judical Effectiveness Index | 30.1 | 12.6 |
Business Freedom Index | 53.6 | 30.8 |
Fiscal Health Index | 80 | 0 |
Labor Freedom Index | 52.3 | 27.7 |
Investment Freedom Index | 70 | 0 |
Financial Freedom Index | 60 | 10 |
Trade Freedom Index | 80.8 | 58 |
Monetary Freedom Index | 78.6 | 0 |
Government Spending Index | 82.8 | 66.3 |
Tax Burden Index | 77.8 | 72.8 |
Government Integrity Index | 31.6 | 14.6 |
Corruption Perceptions Index | 35 | 18 |
Life expectancy at birth, years | 72.9 | 72.2 |
Suicide mortality rate, per 100,000 people | 13.7 | 3.7 |
Mortality caused by road traffic injury, per 100,000 people | 22.2 | 33.7 |
Intentional homicides, per 100,000 people | 61.8 | 56.3 |
International tourism, number of arrivals | 1.7M | 427k |
Government debt & reserves
Stat | El Salvador | Venezuela |
---|---|---|
Central government debt, % of GDP | 67.1% | 175.6% |
External debt stocks, % of GNI | 71.1% | 33.9% |
External debt stocks | $17.5B | $154.9B |
Short-term debt, % of total reserves | 58% | 421.1% |
Total debt service, % of exports and primary income | 45.8% | 69% |
Adjusted net savings including particulate emission damage, % of GNI | 6.4% | 7.2% |
Gross savings, % of GDP | 15.7% | 8.9% |
Gross capital formation, % of GDP | 20.4% | -3.7% |
Total reserves including gold | $3.6B | $9.8B |
Foreign direct investment net inflows | $426.8M | $956M |
Exports, imports and economic structure
Stat | El Salvador | Venezuela |
---|---|---|
Exports of goods and services, % of GDP | 28.9% | 30.7% |
Imports of goods and services, % of GDP | 48.6% | 36.4% |
Current account balance (balance of payments) | -$1.2B | -$3.9B |
Revenue excluding grants, % of GDP | 25.1% | N/A |
Grants excluding technical cooperation, BoP | $263.7M | $125.8M |
Personal remittances received | $5.4B | $297.1M |
Industry including construction value added, % of GDP | 25.3% | 37.2% |
Agriculture, forestry and fishing value added, % of GDP | 4.9% | 5% |
Charges for the use of intellectual property, payments BoP | $98.8M | $258M |
Charges for the use of intellectual property, receipts BoP | $23M | N/A |
Expense, % of GDP | 24.9% | N/A |
Government Expenditure, % of GDP | 23.9% | 33.5% |