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Ethiopia vs South Africa: Economic Indicators Comparison

South Africa with a GDP of $368.3B ranked the 35th largest economy in the world, while Ethiopia ranked 68th with $84.4B. By GDP 5-years average growth and GDP per capita, South Africa and Ethiopia ranked 151st vs 2nd and 95th vs 181st, respectively.

Gross Domestic Product & Income

StatEthiopiaSouth Africa
GDP$84.4B$368.3B
GDP growth, 1 year7.7%0.8%
GDP growth, 5-years average9.3%1.1%
Population105M57.7M
GDP per capita$772$6.4k
GDP per capita growth4.05%-0.57%
Purchasing Power Parity conversion factor9.976.16
Price level ratio of PPP conversion factor GDP to market exchange rate0.380.47
GDP per capita, PPP adjusted$2.3k$14k
GNI, Atlas method$86.7B$332.3B
GNI per capita$790$5.8k
GNI, PPP adjusted$219.4B$765.8B
GNI per capita, PPP adjusted$2k$13k

Financial system and Human development

StatEthiopiaSouth Africa
Income Tax Rate35%45%
Corporate Tax Rate30%28%
Inflation, consumer prices13.8%4.6%
Inflation, GDP deflator12.5%3.9%
Unemployment1.8%27%
Economic Freedom Index53.658.8
Personal Freedom Index5.446.92
Human Freedom Index5.336.78
Property Rights Index36.558.4
Judical Effectiveness Index45.138
Business Freedom Index48.662
Fiscal Health Index79.264
Labor Freedom Index57.658.8
Investment Freedom Index3545
Financial Freedom Index2050
Trade Freedom Index60.875.8
Monetary Freedom Index62.775.9
Government Spending Index90.867.4
Tax Burden Index77.463.7
Government Integrity Index29.446.6
Corruption Perceptions Index3443
Life expectancy at birth, years65.963.5
Suicide mortality rate, per 100,000 people7.211.6
Mortality caused by road traffic injury, per 100,000 people26.725.9
Intentional homicides, per 100,000 people7.635.9
International tourism, number of arrivals849k10.5M

Government debt & reserves

StatEthiopiaSouth Africa
Central government debt, % of GDP61.1%56.7%
External debt stocks, % of GNI33.4%50.6%
External debt stocks$28B$179.3B
Short-term debt, % of total reserves18.8%70.9%
Total debt service, % of exports and primary income20.8%19.9%
Adjusted net savings including particulate emission damage, % of GNI9.3%0.6%
Gross savings, % of GDP33.2%14.9%
Gross capital formation, % of GDP34.1%17.9%
Total reserves including gold$4B$51.6B
Foreign direct investment net inflows$3.4B$5.5B

Exports, imports and economic structure

StatEthiopiaSouth Africa
Exports of goods and services, % of GDP8.4%29.9%
Imports of goods and services, % of GDP22.8%29.6%
Current account balance (balance of payments)-$4.6B-$13.4B
Revenue excluding grants, % of GDP9%30.9%
Grants excluding technical cooperation, BoP$2.4B$817.9M
Personal remittances received$436.3M$929M
Industry including construction value added, % of GDP27.3%25.9%
Agriculture, forestry and fishing value added, % of GDP31.2%2.2%
Charges for the use of intellectual property, payments BoP$26.7M$1.8B
Charges for the use of intellectual property, receipts BoP$7.8M$120.7M
Expense, % of GDP10.8%34.4%
Government Expenditure, % of GDP17.5%33%

Compare with countries close by GDP per capita

Ethiopia vs

CountryGDP
per capita
Population
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
3.54M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
26.2M
Benin
$902
10M
Mali
$900
18.5M
Guinea
$879
11.6M
Haiti
$868
10.3M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.52M
Rwanda
$773
12.2M
Chad
$728
11M
Gambia
$716
1.86M
Burkina Faso
$715
19.2M
Togo
$679
6.34M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
22.9M
Afghanistan
$521
34.9M
Mozambique
$499
25.8M
Central African Republic
$476
4.99M
Niger
$414
17.1M
Malawi
$389
18.6M
Somalia
$315
11M

South Africa vs

CountryGDP
per capita
Population
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
Ecuador
$6.3k
15.7M
Belarus
$6.3k
9.49M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M
Iraq
$5.8k
33.4M
Paraguay
$5.8k
6.8M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M