Eritrea vs Sao Tome and Principe: Economic Indicators Comparison

Eritrea with a GDP of $2.6B ranked the 170th largest economy in the world, while Sao Tome and Principe ranked 191st with $422.3M. By GDP 5-years average growth and GDP per capita, Eritrea and Sao Tome and Principe ranked 79th vs 48th and 178th vs 151st, respectively.

Gross Domestic Product & Income

StatEritreaSao Tome and Principe
GDP$2.6B$422.3M
GDP growth, 1 year4.2%3%
GDP growth, 5-years average3.3%4.3%
Population3.5M204k
GDP per capita$811$2k
GDP per capita growth7.21%0.74%
Purchasing Power Parity conversion factor5.9312.15
Price level ratio of PPP conversion factor GDP to market exchange rate0.390.59
GDP per capita, PPP adjusted$1.7k$3.3k
GNI, Atlas method$2.3B$398.9M
GNI per capita$720$1.9k
GNI, PPP adjusted$6.7B$725.6M
GNI per capita, PPP adjusted$2.1k$3.4k

Financial system and Human development

StatEritreaSao Tome and Principe
Income Tax Rate30%20%
Corporate Tax Rate30%25%
Inflation, consumer prices9%7.9%
Inflation, GDP deflator13.3%4.7%
Unemployment6.5%13.3%
Economic Freedom Index38.556.2
Personal Freedom Index4.85.8
Human Freedom Index4.85.6
Property Rights Index32.541
Judical Effectiveness Index14.326.5
Business Freedom Index18.264.8
Fiscal Health Index073
Labor Freedom Index69.743.4
Investment Freedom Index060
Financial Freedom Index2030
Trade Freedom Index69.264.2
Monetary Freedom Index6168.1
Government Spending Index74.777.1
Tax Burden Index81.488.3
Government Integrity Index21.437.4
Corruption Perceptions Index2446
Life expectancy at birth, years65.569.9
Suicide mortality rate, per 100,000 people7.92.3
Mortality caused by road traffic injury, per 100,000 people25.327.5
Intentional homicides, per 100,000 people83.4
International tourism, number of arrivals142k33k

Government debt & reserves

StatEritreaSao Tome and Principe
Central government debt, % of GDP129.4%81.3%
External debt stocks, % of GNI40.8%58.8%
External debt stocks$791.2M$249.6M
Short-term debt, % of total reserves16%22.5%
Total debt service, % of exports and primary income4.3%4.5%
Adjusted net savings including particulate emission damage, % of GNI0.5%N/A
Gross savings, % of GDP15.8%N/A
Gross capital formation, % of GDP10%N/A
Total reserves including gold$114.8M$43.7M
Foreign direct investment net inflows$61M$23.7M

Exports, imports and economic structure

StatEritreaSao Tome and Principe
Exports of goods and services, % of GDP14.4%N/A
Imports of goods and services, % of GDP23.2%N/A
Current account balance (balance of payments)-$104.7M-$62.2M
Revenue excluding grants, % of GDPN/AN/A
Grants excluding technical cooperation, BoP$82M$28.2M
Personal remittances received$3.3M$17.8M
Industry including construction value added, % of GDP21.8%14.8%
Agriculture, forestry and fishing value added, % of GDP14.1%11.4%
Charges for the use of intellectual property, payments BoP$281k$3.6k
Charges for the use of intellectual property, receipts BoP$94kN/A
Expense, % of GDPN/AN/A
Government Expenditure, % of GDP29.1%27.6%

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

Sao Tome and Principe vs

CountryGDP
per capita
Population
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M