Ethiopia vs Sierra Leone: Economic Indicators Comparison

Ethiopia with a GDP of $84.4B ranked the 68th largest economy in the world, while Sierra Leone ranked 161st with $4.1B. By GDP 5-years average growth and GDP per capita, Ethiopia and Sierra Leone ranked 2nd vs 170th and 181st vs 189th, respectively.

Gross Domestic Product & Income

StatEthiopiaSierra Leone
GDP$84.4B$4.1B
GDP growth, 1 year7.7%3.7%
GDP growth, 5-years average9.3%-0.4%
Population105M7.6M
GDP per capita$772$534
GDP per capita growth4.05%1.26%
Purchasing Power Parity conversion factor9.972643.88
Price level ratio of PPP conversion factor GDP to market exchange rate0.380.33
GDP per capita, PPP adjusted$2.3k$1.6k
GNI, Atlas method$86.7B$3.7B
GNI per capita$790$490
GNI, PPP adjusted$219.4B$11.4B
GNI per capita, PPP adjusted$2k$1.5k

Financial system and Human development

StatEthiopiaSierra Leone
Income Tax Rate35%15%
Corporate Tax Rate30%30%
Inflation, consumer prices13.8%16.9%
Inflation, GDP deflator12.5%13.4%
Unemployment1.8%4.3%
Economic Freedom Index53.648
Personal Freedom Index5.446.55
Human Freedom Index5.336.24
Property Rights Index36.540.7
Judical Effectiveness Index45.139.4
Business Freedom Index48.650.1
Fiscal Health Index79.29.8
Labor Freedom Index57.629.7
Investment Freedom Index3560
Financial Freedom Index2020
Trade Freedom Index60.869.4
Monetary Freedom Index62.764.2
Government Spending Index90.883.5
Tax Burden Index77.487.5
Government Integrity Index29.421.8
Corruption Perceptions Index3430
Life expectancy at birth, years65.953.9
Suicide mortality rate, per 100,000 people7.29.7
Mortality caused by road traffic injury, per 100,000 people26.727.3
Intentional homicides, per 100,000 people7.61.7
International tourism, number of arrivals849k57k

Government debt & reserves

StatEthiopiaSierra Leone
Central government debt, % of GDP61.1%71.3%
External debt stocks, % of GNI33.4%45.1%
External debt stocks$28B$1.7B
Short-term debt, % of total reserves18.8%37.5%
Total debt service, % of exports and primary income20.8%7.2%
Adjusted net savings including particulate emission damage, % of GNI9.3%-33.5%
Gross savings, % of GDP33.2%-7.3%
Gross capital formation, % of GDP34.1%13.6%
Total reserves including gold$4B$502.6M
Foreign direct investment net inflows$3.4B$217.8M

Exports, imports and economic structure

StatEthiopiaSierra Leone
Exports of goods and services, % of GDP8.4%17.5%
Imports of goods and services, % of GDP22.8%39.2%
Current account balance (balance of payments)-$4.6B-$646.1M
Revenue excluding grants, % of GDP9%N/A
Grants excluding technical cooperation, BoP$2.4B$375.1M
Personal remittances received$436.3M$62.1M
Industry including construction value added, % of GDP27.3%5.3%
Agriculture, forestry and fishing value added, % of GDP31.2%58.9%
Charges for the use of intellectual property, payments BoP$26.7M$892k
Charges for the use of intellectual property, receipts BoP$7.8M$5.8M
Expense, % of GDP10.8%N/A
Government Expenditure, % of GDP17.5%23.4%

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
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

Sierra Leone 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
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