Eritrea vs Monaco: Economic Indicators Comparison

Monaco with a GDP of $7.2B ranked the 149th largest economy in the world, while Eritrea ranked 170th with $2.6B. By GDP per capita, Monaco and Eritrea ranked 1st vs 178th, respectively.

Gross Domestic Product & Income

Stat	Eritrea	Monaco
GDP	$2.6B	$7.2B
GDP growth, 1 year	4.2%	6.1%
GDP growth, 5-years average	3.3%	N/A
Population	3.5M	39k
GDP per capita	$811	$186k
GDP per capita growth	7.21%	5.3%
Purchasing Power Parity conversion factor	5.93	N/A
Price level ratio of PPP conversion factor GDP to market exchange rate	0.39	N/A
GDP per capita, PPP adjusted	$1.7k	$98k
GNI, Atlas method	$2.3B	N/A
GNI per capita	$720	N/A
GNI, PPP adjusted	$6.7B	N/A
GNI per capita, PPP adjusted	$2.1k	N/A

Financial system and Human development

Stat	Eritrea	Monaco
Income Tax Rate	30%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	9%	N/A
Inflation, GDP deflator	13.3%	0.8%
Unemployment	6.5%	6.3%
Economic Freedom Index	38.5	83
Personal Freedom Index	4.8	8.7
Human Freedom Index	4.8	8.7
Property Rights Index	32.5	N/A
Judical Effectiveness Index	14.3	N/A
Business Freedom Index	18.2	N/A
Fiscal Health Index	0	N/A
Labor Freedom Index	69.7	N/A
Investment Freedom Index	0	N/A
Financial Freedom Index	20	N/A
Trade Freedom Index	69.2	N/A
Monetary Freedom Index	61	N/A
Government Spending Index	74.7	N/A
Tax Burden Index	81.4	N/A
Government Integrity Index	21.4	N/A
Corruption Perceptions Index	24	82
Life expectancy at birth, years	65.5	89.7
Suicide mortality rate, per 100,000 people	7.9	0.2
Mortality caused by road traffic injury, per 100,000 people	25.3	0
Intentional homicides, per 100,000 people	8	0
International tourism, number of arrivals	142k	347k

Government debt & reserves

Stat	Eritrea	Monaco
Central government debt, % of GDP	129.4%	N/A
External debt stocks, % of GNI	40.8%	N/A
External debt stocks	$791.2M	N/A
Short-term debt, % of total reserves	16%	N/A
Total debt service, % of exports and primary income	4.3%	N/A
Adjusted net savings including particulate emission damage, % of GNI	0.5%	N/A
Gross savings, % of GDP	15.8%	N/A
Gross capital formation, % of GDP	10%	N/A
Total reserves including gold	$114.8M	N/A
Foreign direct investment net inflows	$61M	N/A

Exports, imports and economic structure

Stat	Eritrea	Monaco
Exports of goods and services, % of GDP	14.4%	N/A
Imports of goods and services, % of GDP	23.2%	N/A
Current account balance (balance of payments)	-$104.7M	N/A
Revenue excluding grants, % of GDP	N/A	N/A
Grants excluding technical cooperation, BoP	$82M	N/A
Personal remittances received	$3.3M	N/A
Industry including construction value added, % of GDP	21.8%	13.1%
Agriculture, forestry and fishing value added, % of GDP	14.1%	N/A
Charges for the use of intellectual property, payments BoP	$281k	N/A
Charges for the use of intellectual property, receipts BoP	$94k	N/A
Expense, % of GDP	N/A	N/A
Government Expenditure, % of GDP	29.1%	N/A