Eritrea vs Guatemala: Economic Indicators Comparison

Guatemala with a GDP of $78.5B ranked the 70th largest economy in the world, while Eritrea ranked 170th with $2.6B. By GDP 5-years average growth and GDP per capita, Guatemala and Eritrea ranked 69th vs 79th and 112th vs 178th, respectively.

Gross Domestic Product & Income

StatEritreaGuatemala
GDP$2.6B$78.5B
GDP growth, 1 year4.2%3.1%
GDP growth, 5-years average3.3%3.5%
Population3.5M17.3M
GDP per capita$811$4.5k
GDP per capita growth7.21%1.15%
Purchasing Power Parity conversion factor5.934.04
Price level ratio of PPP conversion factor GDP to market exchange rate0.390.54
GDP per capita, PPP adjusted$1.7k$8.4k
GNI, Atlas method$2.3B$75.9B
GNI per capita$720$4.4k
GNI, PPP adjusted$6.7B$143.4B
GNI per capita, PPP adjusted$2.1k$8.3k

Financial system and Human development

StatEritreaGuatemala
Income Tax Rate30%31%
Corporate Tax Rate30%31%
Inflation, consumer prices9%3.8%
Inflation, GDP deflator13.3%2.9%
Unemployment6.5%2.7%
Economic Freedom Index38.564
Personal Freedom Index4.87.14
Human Freedom Index4.87.21
Property Rights Index32.545.5
Judical Effectiveness Index14.332.2
Business Freedom Index18.262.6
Fiscal Health Index095.7
Labor Freedom Index69.748.4
Investment Freedom Index070
Financial Freedom Index2050
Trade Freedom Index69.282.2
Monetary Freedom Index6177.4
Government Spending Index74.795.6
Tax Burden Index81.479.2
Government Integrity Index21.429.6
Corruption Perceptions Index2427
Life expectancy at birth, years65.573.8
Suicide mortality rate, per 100,000 people7.92.7
Mortality caused by road traffic injury, per 100,000 people25.316.6
Intentional homicides, per 100,000 people826.1
International tourism, number of arrivals142k1.8M

Government debt & reserves

StatEritreaGuatemala
Central government debt, % of GDP129.4%24.5%
External debt stocks, % of GNI40.8%29%
External debt stocks$791.2M$22.3B
Short-term debt, % of total reserves16%7.3%
Total debt service, % of exports and primary income4.3%26.7%
Adjusted net savings including particulate emission damage, % of GNI0.5%1.9%
Gross savings, % of GDP15.8%13.4%
Gross capital formation, % of GDP10%12.1%
Total reserves including gold$114.8M$12.6B
Foreign direct investment net inflows$61M$1.1B

Exports, imports and economic structure

StatEritreaGuatemala
Exports of goods and services, % of GDP14.4%18.1%
Imports of goods and services, % of GDP23.2%27.7%
Current account balance (balance of payments)-$104.7M$665M
Revenue excluding grants, % of GDPN/A11%
Grants excluding technical cooperation, BoP$82M$342.5M
Personal remittances received$3.3M$9.4B
Industry including construction value added, % of GDP21.8%24.6%
Agriculture, forestry and fishing value added, % of GDP14.1%10%
Charges for the use of intellectual property, payments BoP$281k$209.8M
Charges for the use of intellectual property, receipts BoP$94k$700k
Expense, % of GDPN/A11.8%
Government Expenditure, % of GDP29.1%12.1%

Compare with countries close by GDP per capita

Eritrea vs

CountryGDP
per capita
Population
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M

Guatemala vs

CountryGDP
per capita
Population
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
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
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
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