Eritrea vs Uzbekistan: Economic Indicators Comparison
Uzbekistan with a GDP of $50.5B ranked the 85th largest economy in the world, while Eritrea ranked 170th with $2.6B. By GDP 5-years average growth and GDP per capita, Uzbekistan and Eritrea ranked 4th vs 79th and 159th vs 178th, respectively.
Gross Domestic Product & Income
| Stat |  Eritrea |  Uzbekistan |
|---|---|---|
| GDP | $2.6B | $50.5B |
| GDP growth, 1 year | 4.2% | 5% |
| GDP growth, 5-years average | 3.3% | 7.8% |
| Population | 3.5M | 32.4M |
| GDP per capita | $811 | $1.5k |
| GDP per capita growth | 7.21% | 3.31% |
| Purchasing Power Parity conversion factor | 5.93 | 1445.25 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.39 | 0.18 |
| GDP per capita, PPP adjusted | $1.7k | $7.7k |
| GNI, Atlas method | $2.3B | $66.5B |
| GNI per capita | $720 | $2k |
| GNI, PPP adjusted | $6.7B | $290.5B |
| GNI per capita, PPP adjusted | $2.1k | $8.8k |
Financial system and Human development
| Stat | Eritrea | Uzbekistan |
|---|---|---|
| Income Tax Rate | 30% | 22% |
| Corporate Tax Rate | 30% | 7.5% |
| Inflation, consumer prices | 9% | 17.9% |
| Inflation, GDP deflator | 13.3% | 28.1% |
| Unemployment | 6.5% | 5.2% |
| Economic Freedom Index | 38.5 | 57.2 |
| Personal Freedom Index | 4.8 | 5.3 |
| Human Freedom Index | 4.8 | 4.9 |
| Property Rights Index | 32.5 | 59.1 |
| Judical Effectiveness Index | 14.3 | 34.2 |
| Business Freedom Index | 18.2 | 72.6 |
| Fiscal Health Index | 0 | 98.9 |
| Labor Freedom Index | 69.7 | 59.9 |
| Investment Freedom Index | 0 | 20 |
| Financial Freedom Index | 20 | 20 |
| Trade Freedom Index | 69.2 | 67.6 |
| Monetary Freedom Index | 61 | 59.9 |
| Government Spending Index | 74.7 | 74.7 |
| Tax Burden Index | 81.4 | 91.6 |
| Government Integrity Index | 21.4 | 28.2 |
| Corruption Perceptions Index | 24 | 23 |
| Life expectancy at birth, years | 65.5 | 71.4 |
| Suicide mortality rate, per 100,000 people | 7.9 | 7.4 |
| Mortality caused by road traffic injury, per 100,000 people | 25.3 | 11.5 |
| Intentional homicides, per 100,000 people | 8 | 1.1 |
| International tourism, number of arrivals | 142k | 5.3M |
Government debt & reserves
| Stat | Eritrea | Uzbekistan |
|---|---|---|
| Central government debt, % of GDP | 129.4% | 23.5% |
| External debt stocks, % of GNI | 40.8% | 33.9% |
| External debt stocks | $791.2M | $17.6B |
| Short-term debt, % of total reserves | 16% | 2.7% |
| Total debt service, % of exports and primary income | 4.3% | 5.8% |
| Adjusted net savings including particulate emission damage, % of GNI | 0.5% | N/A |
| Gross savings, % of GDP | 15.8% | 41.9% |
| Gross capital formation, % of GDP | 10% | 40.2% |
| Total reserves including gold | $114.8M | $27.1B |
| Foreign direct investment net inflows | $61M | $624.7M |
Exports, imports and economic structure
| Stat | Eritrea | Uzbekistan |
|---|---|---|
| Exports of goods and services, % of GDP | 14.4% | 29.1% |
| Imports of goods and services, % of GDP | 23.2% | 38.7% |
| Current account balance (balance of payments) | -$104.7M | -$3.6B |
| Revenue excluding grants, % of GDP | N/A | 22.3% |
| Grants excluding technical cooperation, BoP | $82M | $112.8M |
| Personal remittances received | $3.3M | $7.6B |
| Industry including construction value added, % of GDP | 21.8% | 28.4% |
| Agriculture, forestry and fishing value added, % of GDP | 14.1% | 28.8% |
| Charges for the use of intellectual property, payments BoP | $281k | $49.9M |
| Charges for the use of intellectual property, receipts BoP | $94k | $317k |
| Expense, % of GDP | N/A | 17.1% |
| Government Expenditure, % of GDP | 29.1% | 29% |
