Gabon vs Guinea-Bissau: Economic Indicators Comparison

Gabon with a GDP of $16.9B ranked the 121st largest economy in the world, while Guinea-Bissau ranked 181st with $1.5B. By GDP 5-years average growth and GDP per capita, Gabon and Guinea-Bissau ranked 116th vs 44th and 86th vs 179th, respectively.

Gross Domestic Product & Income

StatGabonGuinea-Bissau
GDP$16.9B$1.5B
GDP growth, 1 year1.2%3.8%
GDP growth, 5-years average2.4%4.6%
Population2M1.9M
GDP per capita$8k$778
GDP per capita growth-1.76%1.24%
Purchasing Power Parity conversion factor247.23240.31
Price level ratio of PPP conversion factor GDP to market exchange rate0.440.43
GDP per capita, PPP adjusted$18k$1.9k
GNI, Atlas method$14.5B$1.4B
GNI per capita$6.8k$750
GNI, PPP adjusted$35.4B$3.4B
GNI per capita, PPP adjusted$17k$1.8k

Financial system and Human development

StatGabonGuinea-Bissau
Income Tax Rate35%20%
Corporate Tax Rate30%25%
Inflation, consumer prices4.8%1.4%
Inflation, GDP deflator7.1%-0.4%
Unemployment19.5%4.1%
Economic Freedom Index56.753.3
Personal Freedom Index5.766.83
Human Freedom Index5.795.97
Property Rights Index36.941.3
Judical Effectiveness Index20.848.4
Business Freedom Index52.139.1
Fiscal Health Index88.967.3
Labor Freedom Index52.361.2
Investment Freedom Index6030
Financial Freedom Index4030
Trade Freedom Index51.249
Monetary Freedom Index77.382.7
Government Spending Index89.386.7
Tax Burden Index74.388.7
Government Integrity Index36.714.8
Corruption Perceptions Index3116
Life expectancy at birth, years65.857.7
Suicide mortality rate, per 100,000 people7.14
Mortality caused by road traffic injury, per 100,000 people23.231.1
Intentional homicides, per 100,000 people81.1
International tourism, number of arrivals269k45k

Government debt & reserves

StatGabonGuinea-Bissau
Central government debt, % of GDP58.2%56.1%
External debt stocks, % of GNI43%28.9%
External debt stocks$6.8B$420.7M
Short-term debt, % of total reserves14.2%N/A
Total debt service, % of exports and primary income7.7%1.9%
Adjusted net savings including particulate emission damage, % of GNI8.9%-11%
Gross savings, % of GDP38.4%8.8%
Gross capital formation, % of GDP21.8%10.9%
Total reserves including gold$1.3BN/A
Foreign direct investment net inflows$845.8M$20.6M

Exports, imports and economic structure

StatGabonGuinea-Bissau
Exports of goods and services, % of GDP50.5%25.3%
Imports of goods and services, % of GDP21.5%32.5%
Current account balance (balance of payments)$141M-$54.1M
Revenue excluding grants, % of GDP16.8%12.7%
Grants excluding technical cooperation, BoP$20.1M$80M
Personal remittances received$18.5M$127.9M
Industry including construction value added, % of GDP48.8%12.6%
Agriculture, forestry and fishing value added, % of GDP5.4%47.5%
Charges for the use of intellectual property, payments BoPN/A$2.4k
Charges for the use of intellectual property, receipts BoPN/A$79k
Expense, % of GDP13.7%12.6%
Government Expenditure, % of GDP18.9%21.1%

Compare with countries close by GDP per capita

Gabon vs

CountryGDP
per capita
Population
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
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
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
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

Guinea-Bissau vs

CountryGDP
per capita
Population
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
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
Rwanda
$773
12.2M
Ethiopia
$772
105M
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