Equatorial Guinea vs Mongolia: Economic Indicators Comparison

Equatorial Guinea with a GDP of $13.4B ranked the 132nd largest economy in the world, while Mongolia ranked 134th with $13.1B. By GDP 5-years average growth and GDP per capita, Equatorial Guinea and Mongolia ranked 179th vs 39th and 73rd vs 118th, respectively.

Gross Domestic Product & Income

StatEquatorial GuineaMongolia
GDP$13.4B$13.1B
GDP growth, 1 year-5.7%6.9%
GDP growth, 5-years average-5.6%4.7%
Population1.3M3.1M
GDP per capita$10k$4.1k
GDP per capita growth-9.5%5.32%
Purchasing Power Parity conversion factor250.74738.48
Price level ratio of PPP conversion factor GDP to market exchange rate0.450.3
GDP per capita, PPP adjusted$23k$13k
GNI, Atlas method$9B$11.6B
GNI per capita$6.8k$3.7k
GNI, PPP adjusted$22.9B$39.6B
GNI per capita, PPP adjusted$17k$13k

Financial system and Human development

StatEquatorial GuineaMongolia
Income Tax Rate35%10%
Corporate Tax Rate35%25%
Inflation, consumer prices1.3%7.7%
Inflation, GDP deflator11.2%8.1%
Unemployment9.2%6.3%
Economic Freedom Index48.355.9
Personal Freedom Index6.67.63
Human Freedom Index6.67.17
Property Rights Index38.150.3
Judical Effectiveness Index19.523
Business Freedom Index37.563.6
Fiscal Health Index77.29.3
Labor Freedom Index34.275.7
Investment Freedom Index4050
Financial Freedom Index3060
Trade Freedom Index48.874
Monetary Freedom Index78.174.2
Government Spending Index86.466.6
Tax Burden Index75.187.4
Government Integrity Index15.136.9
Corruption Perceptions Index1637
Life expectancy at birth, years58.169.5
Suicide mortality rate, per 100,000 people16.413
Mortality caused by road traffic injury, per 100,000 people24.616.5
Intentional homicides, per 100,000 people2.36.2
International tourism, number of arrivalsN/A529k

Government debt & reserves

StatEquatorial GuineaMongolia
Central government debt, % of GDP35.9%73.3%
External debt stocks, % of GNIN/A253.9%
External debt stocksN/A$29.4B
Short-term debt, % of total reservesN/A87.3%
Total debt service, % of exports and primary incomeN/A101.6%
Adjusted net savings including particulate emission damage, % of GNIN/A-10.3%
Gross savings, % of GDPN/A30.3%
Gross capital formation, % of GDP15.5%43.1%
Total reserves including gold$48.9M$3.5B
Foreign direct investment net inflows$395.9M$2B

Exports, imports and economic structure

StatEquatorial GuineaMongolia
Exports of goods and services, % of GDP58.1%58.7%
Imports of goods and services, % of GDP43.3%64.2%
Current account balance (balance of payments)-$344M-$1.9B
Revenue excluding grants, % of GDP17.2%24.9%
Grants excluding technical cooperation, BoP$7.2M$115.6M
Personal remittances received$164k$440.6M
Industry including construction value added, % of GDP56.7%38.7%
Agriculture, forestry and fishing value added, % of GDP2.4%10.8%
Charges for the use of intellectual property, payments BoPN/A$16.1M
Charges for the use of intellectual property, receipts BoPN/A$1.4M
Expense, % of GDP9.8%23.8%
Government Expenditure, % of GDP21.3%33.4%

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

Mongolia vs

CountryGDP
per capita
Population
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
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
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
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