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The Gambia vs South Africa: Economic Indicators Comparison

South Africa with a GDP of $368.3B ranked the 35th largest economy in the world, while the Gambia ranked 178th with $1.6B. By GDP 5-years average growth and GDP per capita, South Africa and the Gambia ranked 151st vs 80th and 95th vs 183rd, respectively.

Gross Domestic Product & Income

StatGambiaSouth Africa
GDP$1.6B$368.3B
GDP growth, 1 year6.6%0.8%
GDP growth, 5-years average3.3%1.1%
Population1.9M57.7M
GDP per capita$716$6.4k
GDP per capita growth3.45%-0.57%
Purchasing Power Parity conversion factor13.26.16
Price level ratio of PPP conversion factor GDP to market exchange rate0.270.47
GDP per capita, PPP adjusted$2.8k$14k
GNI, Atlas method$1.6B$332.3B
GNI per capita$710$5.8k
GNI, PPP adjusted$5.8B$765.8B
GNI per capita, PPP adjusted$2.6k$13k

Financial system and Human development

StatGambiaSouth Africa
Income Tax Rate35%45%
Corporate Tax Rate32%28%
Inflation, consumer prices6.5%4.6%
Inflation, GDP deflator5.2%3.9%
Unemployment8.9%27%
Economic Freedom Index56.358.8
Personal Freedom Index5.866.92
Human Freedom Index6.526.78
Property Rights Index43.958.4
Judical Effectiveness Index43.438
Business Freedom Index53.562
Fiscal Health Index25.364
Labor Freedom Index67.458.8
Investment Freedom Index6545
Financial Freedom Index5050
Trade Freedom Index64.675.8
Monetary Freedom Index63.375.9
Government Spending Index85.667.4
Tax Burden Index74.663.7
Government Integrity Index39.246.6
Corruption Perceptions Index3743
Life expectancy at birth, years61.463.5
Suicide mortality rate, per 100,000 people5.111.6
Mortality caused by road traffic injury, per 100,000 people29.725.9
Intentional homicides, per 100,000 people9.135.9
International tourism, number of arrivals552k10.5M

Government debt & reserves

StatGambiaSouth Africa
Central government debt, % of GDP83.2%56.7%
External debt stocks, % of GNI42.7%50.6%
External debt stocks$681.4M$179.3B
Short-term debt, % of total reserves9.4%70.9%
Total debt service, % of exports and primary income16.8%19.9%
Adjusted net savings including particulate emission damage, % of GNI-12.7%0.6%
Gross savings, % of GDP8.6%14.9%
Gross capital formation, % of GDP17%17.9%
Total reserves including gold$191.8M$51.6B
Foreign direct investment net inflows$33M$5.5B

Exports, imports and economic structure

StatGambiaSouth Africa
Exports of goods and services, % of GDP21.9%29.9%
Imports of goods and services, % of GDP41.5%29.6%
Current account balance (balance of payments)-$78.6M-$13.4B
Revenue excluding grants, % of GDP10.1%30.9%
Grants excluding technical cooperation, BoP$126M$817.9M
Personal remittances received$203.6M$929M
Industry including construction value added, % of GDP15.6%25.9%
Agriculture, forestry and fishing value added, % of GDP19.9%2.2%
Charges for the use of intellectual property, payments BoPN/A$1.8B
Charges for the use of intellectual property, receipts BoPN/A$120.7M
Expense, % of GDP10.7%34.4%
Government Expenditure, % of GDP21.9%33%

Compare with countries close by GDP per capita

Gambia 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
Ethiopia
$772
105M
Chad
$728
11M
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