Equatorial Guinea vs Trinidad and Tobago: Economic Indicators Comparison

Trinidad and Tobago with a GDP of $23.8B ranked the 113th largest economy in the world, while Equatorial Guinea ranked 132nd with $13.4B. By GDP 5-years average growth and GDP per capita, Trinidad and Tobago and Equatorial Guinea ranked 175th vs 179th and 53rd vs 73rd, respectively.

Gross Domestic Product & Income

StatEquatorial GuineaTrinidad and Tobago
GDP$13.4B$23.8B
GDP growth, 1 year-5.7%0.3%
GDP growth, 5-years average-5.6%-1.5%
Population1.3M1.4M
GDP per capita$10k$17k
GDP per capita growth-9.5%-0.66%
Purchasing Power Parity conversion factor250.743.62
Price level ratio of PPP conversion factor GDP to market exchange rate0.450.54
GDP per capita, PPP adjusted$23k$32k
GNI, Atlas method$9B$22.2B
GNI per capita$6.8k$16k
GNI, PPP adjusted$22.9B$43.1B
GNI per capita, PPP adjusted$17k$31k

Financial system and Human development

StatEquatorial GuineaTrinidad and Tobago
Income Tax Rate35%25%
Corporate Tax Rate35%25%
Inflation, consumer prices1.3%1.1%
Inflation, GDP deflator11.2%6.1%
Unemployment9.2%2.8%
Economic Freedom Index48.358.3
Personal Freedom Index6.66.88
Human Freedom Index6.66.81
Property Rights Index38.156.6
Judical Effectiveness Index19.542.1
Business Freedom Index37.567.3
Fiscal Health Index77.215.9
Labor Freedom Index34.276
Investment Freedom Index4060
Financial Freedom Index3050
Trade Freedom Index48.867.8
Monetary Freedom Index78.177.4
Government Spending Index86.466.5
Tax Burden Index75.182.6
Government Integrity Index15.137.4
Corruption Perceptions Index1641
Life expectancy at birth, years58.173.2
Suicide mortality rate, per 100,000 people16.413.6
Mortality caused by road traffic injury, per 100,000 people24.612.1
Intentional homicides, per 100,000 people2.330.9
International tourism, number of arrivalsN/A375k

Government debt & reserves

StatEquatorial GuineaTrinidad and Tobago
Central government debt, % of GDP35.9%45.3%
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/AN/A
Gross savings, % of GDPN/AN/A
Gross capital formation, % of GDP15.5%N/A
Total reserves including gold$48.9M$8.1B
Foreign direct investment net inflows$395.9M-$602.5M

Exports, imports and economic structure

StatEquatorial GuineaTrinidad and Tobago
Exports of goods and services, % of GDP58.1%N/A
Imports of goods and services, % of GDP43.3%N/A
Current account balance (balance of payments)-$344M$1.2B
Revenue excluding grants, % of GDP17.2%38.4%
Grants excluding technical cooperation, BoP$7.2M$2.4M
Personal remittances received$164k$138.7M
Industry including construction value added, % of GDP56.7%42%
Agriculture, forestry and fishing value added, % of GDP2.4%1%
Charges for the use of intellectual property, payments BoPN/A$63.9M
Charges for the use of intellectual property, receipts BoPN/A$882k
Expense, % of GDP9.8%35.9%
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

Trinidad and Tobago vs

CountryGDP
per capita
Population
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
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