Eswatini vs Papua New Guinea: Economic Indicators Comparison

Papua New Guinea with a GDP of $23.5B ranked the 114th largest economy in the world, while Eswatini ranked 160th with $4.7B. By GDP 5-years average growth and GDP per capita, Papua New Guinea and Eswatini ranked 32nd vs 147th and 137th vs 117th, respectively.

Gross Domestic Product & Income

StatEswatiniPapua New Guinea
GDP$4.7B$23.5B
GDP growth, 1 year0.2%0%
GDP growth, 5-years average1.5%5%
Population1.4M8.3M
GDP per capita$4.1k$2.7k
GDP per capita growth1.32%-2.76%
Purchasing Power Parity conversion factor5.162.06
Price level ratio of PPP conversion factor GDP to market exchange rate0.390.63
GDP per capita, PPP adjusted$11k$3.7k
GNI, Atlas method$4.5B$22.1B
GNI per capita$3.9k$2.6k
GNI, PPP adjusted$12.1B$36.3B
GNI per capita, PPP adjusted$11k$4.2k

Financial system and Human development

StatEswatiniPapua New Guinea
Income Tax Rate33%42%
Corporate Tax Rate28%30%
Inflation, consumer prices4.8%4.7%
Inflation, GDP deflator2.8%7.1%
Unemployment22.5%2.4%
Economic Freedom Index55.358.4
Personal Freedom Index5.937.24
Human Freedom Index6.116.99
Property Rights Index49.854.9
Judical Effectiveness Index42.448.4
Business Freedom Index58.958.4
Fiscal Health Index17.676.4
Labor Freedom Index67.969.6
Investment Freedom Index5025
Financial Freedom Index4030
Trade Freedom Index88.679.8
Monetary Freedom Index75.270.7
Government Spending Index62.886.4
Tax Burden Index72.871.5
Government Integrity Index37.229.7
Corruption Perceptions Index3828
Life expectancy at birth, years58.364
Suicide mortality rate, per 100,000 people13.36
Mortality caused by road traffic injury, per 100,000 people26.914.2
Intentional homicides, per 100,000 people9.57.9
International tourism, number of arrivals782k140k

Government debt & reserves

StatEswatiniPapua New Guinea
Central government debt, % of GDP34.9%36.9%
External debt stocks, % of GNI10.9%78.4%
External debt stocks$509.2M$17.7B
Short-term debt, % of total reserves5.4%20.6%
Total debt service, % of exports and primary income2.3%26.1%
Adjusted net savings including particulate emission damage, % of GNI0.8%4.9%
Gross savings, % of GDP22.3%30.4%
Gross capital formation, % of GDP13.1%20%
Total reserves including gold$440.7M$2.2B
Foreign direct investment net inflows$31.3M$335.2M

Exports, imports and economic structure

StatEswatiniPapua New Guinea
Exports of goods and services, % of GDP40.5%72.2%
Imports of goods and services, % of GDP43.9%58.9%
Current account balance (balance of payments)$90.3M$5.5B
Revenue excluding grants, % of GDPN/A15.9%
Grants excluding technical cooperation, BoP$96.1M$268.9M
Personal remittances received$125.7M$2.9M
Industry including construction value added, % of GDP32.9%36.4%
Agriculture, forestry and fishing value added, % of GDP8.6%17.6%
Charges for the use of intellectual property, payments BoP$5.3M$139k
Charges for the use of intellectual property, receipts BoP$674kN/A
Expense, % of GDPN/A19.1%
Government Expenditure, % of GDP35.2%21.3%

Compare with countries close by GDP per capita

Eswatini vs

CountryGDP
per capita
Population
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
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
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
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M

Papua New Guinea vs

CountryGDP
per capita
Population
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
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
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
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M