Ethiopia vs Paraguay: Economic Indicators Comparison

Ethiopia with a GDP of $84.4B ranked the 68th largest economy in the world, while Paraguay ranked 94th with $40.5B. By GDP 5-years average growth and GDP per capita, Ethiopia and Paraguay ranked 2nd vs 50th and 181st vs 104th, respectively.

Gross Domestic Product & Income

StatEthiopiaParaguay
GDP$84.4B$40.5B
GDP growth, 1 year7.7%3.7%
GDP growth, 5-years average9.3%4.2%
Population105M6.8M
GDP per capita$772$5.8k
GDP per capita growth4.05%2.35%
Purchasing Power Parity conversion factor9.972453.78
Price level ratio of PPP conversion factor GDP to market exchange rate0.380.43
GDP per capita, PPP adjusted$2.3k$13k
GNI, Atlas method$86.7B$39.4B
GNI per capita$790$5.7k
GNI, PPP adjusted$219.4B$91.9B
GNI per capita, PPP adjusted$2k$13k

Financial system and Human development

StatEthiopiaParaguay
Income Tax Rate35%10%
Corporate Tax Rate30%10%
Inflation, consumer prices13.8%4%
Inflation, GDP deflator12.5%2.1%
Unemployment1.8%4.7%
Economic Freedom Index53.663
Personal Freedom Index5.447.3
Human Freedom Index5.337.02
Property Rights Index36.544.7
Judical Effectiveness Index45.126.4
Business Freedom Index48.660.9
Fiscal Health Index79.298
Labor Freedom Index57.629
Investment Freedom Index3575
Financial Freedom Index2060
Trade Freedom Index60.875.4
Monetary Freedom Index62.772.5
Government Spending Index90.888.6
Tax Burden Index77.496.1
Government Integrity Index29.429.6
Corruption Perceptions Index3429
Life expectancy at birth, years65.974
Suicide mortality rate, per 100,000 people7.29.5
Mortality caused by road traffic injury, per 100,000 people26.722.7
Intentional homicides, per 100,000 people7.69.3
International tourism, number of arrivals849k1.2M

Government debt & reserves

StatEthiopiaParaguay
Central government debt, % of GDP61.1%21.6%
External debt stocks, % of GNI33.4%39.9%
External debt stocks$28B$15.8B
Short-term debt, % of total reserves18.8%60%
Total debt service, % of exports and primary income20.8%15.7%
Adjusted net savings including particulate emission damage, % of GNI9.3%14.5%
Gross savings, % of GDP33.2%23.2%
Gross capital formation, % of GDP34.1%22.4%
Total reserves including gold$4B$7.7B
Foreign direct investment net inflows$3.4B$386.9M

Exports, imports and economic structure

StatEthiopiaParaguay
Exports of goods and services, % of GDP8.4%36%
Imports of goods and services, % of GDP22.8%34.4%
Current account balance (balance of payments)-$4.6B$8.6M
Revenue excluding grants, % of GDP9%17.4%
Grants excluding technical cooperation, BoP$2.4B$64.1M
Personal remittances received$436.3M$682.9M
Industry including construction value added, % of GDP27.3%33.9%
Agriculture, forestry and fishing value added, % of GDP31.2%10.4%
Charges for the use of intellectual property, payments BoP$26.7M$18.5M
Charges for the use of intellectual property, receipts BoP$7.8M$114.1M
Expense, % of GDP10.8%15.6%
Government Expenditure, % of GDP17.5%19.5%

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
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
Niger
$414
21.5M
Malawi
$389
18.6M
Somalia
$315
11M

Paraguay vs

CountryGDP
per capita
Population
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
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
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
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M