Eswatini vs Serbia: Economic Indicators Comparison

Serbia with a GDP of $50.6B ranked the 84th largest economy in the world, while Eswatini ranked 160th with $4.7B. By GDP 5-years average growth and GDP per capita, Serbia and Eswatini ranked 131st vs 147th and 90th vs 117th, respectively.

Gross Domestic Product & Income

StatEswatiniSerbia
GDP$4.7B$50.6B
GDP growth, 1 year0.2%4.4%
GDP growth, 5-years average1.5%2%
Population1.4M7M
GDP per capita$4.1k$7.2k
GDP per capita growth1.32%4.97%
Purchasing Power Parity conversion factor5.1641.64
Price level ratio of PPP conversion factor GDP to market exchange rate0.390.42
GDP per capita, PPP adjusted$11k$18k
GNI, Atlas method$4.5B$44.6B
GNI per capita$3.9k$6.4k
GNI, PPP adjusted$12.1B$115.5B
GNI per capita, PPP adjusted$11k$17k

Financial system and Human development

StatEswatiniSerbia
Income Tax Rate33%10%
Corporate Tax Rate28%15%
Inflation, consumer prices4.8%2%
Inflation, GDP deflator2.8%2.1%
Unemployment22.5%13.5%
Economic Freedom Index55.366
Personal Freedom Index5.937.84
Human Freedom Index6.117.19
Property Rights Index49.855.4
Judical Effectiveness Index42.446.8
Business Freedom Index58.972.6
Fiscal Health Index17.694.1
Labor Freedom Index67.966.9
Investment Freedom Index5070
Financial Freedom Index4050
Trade Freedom Index88.678
Monetary Freedom Index75.280.7
Government Spending Index62.849.7
Tax Burden Index72.883.7
Government Integrity Index37.244
Corruption Perceptions Index3839
Life expectancy at birth, years58.376.1
Suicide mortality rate, per 100,000 people13.315.6
Mortality caused by road traffic injury, per 100,000 people26.97.4
Intentional homicides, per 100,000 people9.51.1
International tourism, number of arrivals782k1.7M

Government debt & reserves

StatEswatiniSerbia
Central government debt, % of GDP34.9%54.3%
External debt stocks, % of GNI10.9%71.7%
External debt stocks$509.2M$34.3B
Short-term debt, % of total reserves5.4%16.4%
Total debt service, % of exports and primary income2.3%22.3%
Adjusted net savings including particulate emission damage, % of GNI0.8%-3.2%
Gross savings, % of GDP22.3%18.6%
Gross capital formation, % of GDP13.1%22.7%
Total reserves including gold$440.7M$12.9B
Foreign direct investment net inflows$31.3M$4.1B

Exports, imports and economic structure

StatEswatiniSerbia
Exports of goods and services, % of GDP40.5%50.8%
Imports of goods and services, % of GDP43.9%59.3%
Current account balance (balance of payments)$90.3M-$2.6B
Revenue excluding grants, % of GDPN/A32.8%
Grants excluding technical cooperation, BoP$96.1M$334.6M
Personal remittances received$125.7M$4.3B
Industry including construction value added, % of GDP32.9%25.5%
Agriculture, forestry and fishing value added, % of GDP8.6%6.3%
Charges for the use of intellectual property, payments BoP$5.3M$289.7M
Charges for the use of intellectual property, receipts BoP$674k$57.9M
Expense, % of GDPN/A36.9%
Government Expenditure, % of GDP35.2%40.9%

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

Serbia vs

CountryGDP
per capita
Population
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
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