Ethiopia vs the Gambia: Economic Indicators Comparison

Ethiopia with a GDP of $84.4B ranked the 68th largest economy in the world, while the Gambia ranked 178th with $1.6B. By GDP 5-years average growth and GDP per capita, Ethiopia and the Gambia ranked 2nd vs 80th and 181st vs 183rd, respectively.

Gross Domestic Product & Income

StatEthiopiaGambia
GDP$84.4B$1.6B
GDP growth, 1 year7.7%6.6%
GDP growth, 5-years average9.3%3.3%
Population105M2.1M
GDP per capita$772$716
GDP per capita growth4.05%3.45%
Purchasing Power Parity conversion factor9.9713.2
Price level ratio of PPP conversion factor GDP to market exchange rate0.380.27
GDP per capita, PPP adjusted$2.3k$2.8k
GNI, Atlas method$86.7B$1.6B
GNI per capita$790$710
GNI, PPP adjusted$219.4B$5.8B
GNI per capita, PPP adjusted$2k$2.6k

Financial system and Human development

StatEthiopiaGambia
Income Tax Rate35%35%
Corporate Tax Rate30%32%
Inflation, consumer prices13.8%6.5%
Inflation, GDP deflator12.5%5.2%
Unemployment1.8%8.9%
Economic Freedom Index53.656.3
Personal Freedom Index5.445.86
Human Freedom Index5.336.52
Property Rights Index36.543.9
Judical Effectiveness Index45.143.4
Business Freedom Index48.653.5
Fiscal Health Index79.225.3
Labor Freedom Index57.667.4
Investment Freedom Index3565
Financial Freedom Index2050
Trade Freedom Index60.864.6
Monetary Freedom Index62.763.3
Government Spending Index90.885.6
Tax Burden Index77.474.6
Government Integrity Index29.439.2
Corruption Perceptions Index3437
Life expectancy at birth, years65.961.4
Suicide mortality rate, per 100,000 people7.25.1
Mortality caused by road traffic injury, per 100,000 people26.729.7
Intentional homicides, per 100,000 people7.69.1
International tourism, number of arrivals849k552k

Government debt & reserves

StatEthiopiaGambia
Central government debt, % of GDP61.1%83.2%
External debt stocks, % of GNI33.4%42.7%
External debt stocks$28B$681.4M
Short-term debt, % of total reserves18.8%9.4%
Total debt service, % of exports and primary income20.8%16.8%
Adjusted net savings including particulate emission damage, % of GNI9.3%-12.7%
Gross savings, % of GDP33.2%8.6%
Gross capital formation, % of GDP34.1%17%
Total reserves including gold$4B$191.8M
Foreign direct investment net inflows$3.4B$33M

Exports, imports and economic structure

StatEthiopiaGambia
Exports of goods and services, % of GDP8.4%21.9%
Imports of goods and services, % of GDP22.8%41.5%
Current account balance (balance of payments)-$4.6B-$78.6M
Revenue excluding grants, % of GDP9%10.1%
Grants excluding technical cooperation, BoP$2.4B$126M
Personal remittances received$436.3M$203.6M
Industry including construction value added, % of GDP27.3%15.6%
Agriculture, forestry and fishing value added, % of GDP31.2%19.9%
Charges for the use of intellectual property, payments BoP$26.7MN/A
Charges for the use of intellectual property, receipts BoP$7.8MN/A
Expense, % of GDP10.8%10.7%
Government Expenditure, % of GDP17.5%21.9%

Compare with countries close by GDP per capita

Ethiopia vs

CountryGDP
per capita
Population
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
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Chad
$728
15.5M
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
Niger
$414
21.5M
Malawi
$389
18.6M
Somalia
$315
11M
Burundi
$272
10.9M

Gambia vs

CountryGDP
per capita
Population
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
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Chad
$728
15.5M
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
Niger
$414
21.5M
Malawi
$389
18.6M
Somalia
$315
11M
Burundi
$272
10.9M