Equatorial Guinea vs Luxembourg: Economic Indicators Comparison

Luxembourg with a GDP of $70.9B ranked the 72nd largest economy in the world, while Equatorial Guinea ranked 132nd with $13.4B. By GDP 5-years average growth and GDP per capita, Luxembourg and Equatorial Guinea ranked 88th vs 179th and 3rd vs 73rd, respectively.

Gross Domestic Product & Income

StatEquatorial GuineaLuxembourg
GDP$13.4B$70.9B
GDP growth, 1 year-5.7%3%
GDP growth, 5-years average-5.6%3%
Population1.3M626k
GDP per capita$10k$117k
GDP per capita growth-9.5%1.18%
Purchasing Power Parity conversion factor250.740.87
Price level ratio of PPP conversion factor GDP to market exchange rate0.451.03
GDP per capita, PPP adjusted$23k$107k
GNI, Atlas method$9B$43.1B
GNI per capita$6.8k$71k
GNI, PPP adjusted$22.9B$43.9B
GNI per capita, PPP adjusted$17k$72k

Financial system and Human development

StatEquatorial GuineaLuxembourg
Income Tax Rate35%42%
Corporate Tax Rate35%18%
Inflation, consumer prices1.3%2%
Inflation, GDP deflator11.2%2.5%
Unemployment9.2%5.5%
Economic Freedom Index48.375.8
Personal Freedom Index6.69.1
Human Freedom Index6.68.46
Property Rights Index38.186.4
Judical Effectiveness Index19.574.4
Business Freedom Index37.566.8
Fiscal Health Index77.299
Labor Freedom Index34.245.3
Investment Freedom Index4095
Financial Freedom Index3080
Trade Freedom Index48.886.4
Monetary Freedom Index78.176.4
Government Spending Index86.445.4
Tax Burden Index75.164.1
Government Integrity Index15.190.3
Corruption Perceptions Index1681
Life expectancy at birth, years58.182.7
Suicide mortality rate, per 100,000 people16.413.5
Mortality caused by road traffic injury, per 100,000 people24.66.3
Intentional homicides, per 100,000 people2.30.3
International tourism, number of arrivalsN/A1M

Government debt & reserves

StatEquatorial GuineaLuxembourg
Central government debt, % of GDP35.9%21.8%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNIN/A20.9%
Gross savings, % of GDPN/A17.4%
Gross capital formation, % of GDP15.5%17.6%
Total reserves including gold$48.9M$938.9M
Foreign direct investment net inflows$395.9M-$5.6B

Exports, imports and economic structure

StatEquatorial GuineaLuxembourg
Exports of goods and services, % of GDP58.1%211.6%
Imports of goods and services, % of GDP43.3%175.5%
Current account balance (balance of payments)-$344M$3.4B
Revenue excluding grants, % of GDP17.2%40.9%
Grants excluding technical cooperation, BoP$7.2MN/A
Personal remittances received$164k$2.1B
Industry including construction value added, % of GDP56.7%11.8%
Agriculture, forestry and fishing value added, % of GDP2.4%0.2%
Charges for the use of intellectual property, payments BoPN/A$5B
Charges for the use of intellectual property, receipts BoPN/A$2.4B
Expense, % of GDP9.8%38.7%
Government Expenditure, % of GDP21.3%42.7%

Compare with countries close by GDP per capita

Equatorial Guinea vs

CountryGDP
per capita
Population
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
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
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
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k

Luxembourg vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k