Georgia vs Sierra Leone: Economic Indicators Comparison

Georgia with a GDP of $17.6B ranked the 119th largest economy in the world, while Sierra Leone ranked 161st with $4.1B. By GDP 5-years average growth and GDP per capita, Georgia and Sierra Leone ranked 54th vs 170th and 111th vs 189th, respectively.

Gross Domestic Product & Income

StatGeorgiaSierra Leone
GDP$17.6B$4.1B
GDP growth, 1 year4.7%3.7%
GDP growth, 5-years average4%-0.4%
Population3.7M7.6M
GDP per capita$4.7k$534
GDP per capita growth4.72%1.26%
Purchasing Power Parity conversion factor12643.88
Price level ratio of PPP conversion factor GDP to market exchange rate0.390.33
GDP per capita, PPP adjusted$11k$1.6k
GNI, Atlas method$16.6B$3.7B
GNI per capita$4.4k$490
GNI, PPP adjusted$42.9B$11.4B
GNI per capita, PPP adjusted$12k$1.5k

Financial system and Human development

StatGeorgiaSierra Leone
Income Tax Rate20%15%
Corporate Tax Rate15%30%
Inflation, consumer prices2.6%16.9%
Inflation, GDP deflator4.4%13.4%
Unemployment14.1%4.3%
Economic Freedom Index77.148
Personal Freedom Index7.46.55
Human Freedom Index7.486.24
Property Rights Index68.640.7
Judical Effectiveness Index57.939.4
Business Freedom Index85.350.1
Fiscal Health Index94.49.8
Labor Freedom Index76.329.7
Investment Freedom Index8060
Financial Freedom Index7020
Trade Freedom Index88.669.4
Monetary Freedom Index78.364.2
Government Spending Index73.683.5
Tax Burden Index87.187.5
Government Integrity Index64.821.8
Corruption Perceptions Index5830
Life expectancy at birth, years73.453.9
Suicide mortality rate, per 100,000 people8.29.7
Mortality caused by road traffic injury, per 100,000 people15.327.3
Intentional homicides, per 100,000 people11.7
International tourism, number of arrivals4.8M57k

Government debt & reserves

StatGeorgiaSierra Leone
Central government debt, % of GDP44.5%71.3%
External debt stocks, % of GNI110.6%45.1%
External debt stocks$17.1B$1.7B
Short-term debt, % of total reserves81.1%37.5%
Total debt service, % of exports and primary income23.7%7.2%
Adjusted net savings including particulate emission damage, % of GNI12.5%-33.5%
Gross savings, % of GDP21%-7.3%
Gross capital formation, % of GDP28.1%13.6%
Total reserves including gold$3.3B$502.6M
Foreign direct investment net inflows$1.2B$217.8M

Exports, imports and economic structure

StatGeorgiaSierra Leone
Exports of goods and services, % of GDP50.6%17.5%
Imports of goods and services, % of GDP61.2%39.2%
Current account balance (balance of payments)-$1.2B-$646.1M
Revenue excluding grants, % of GDP23%N/A
Grants excluding technical cooperation, BoP$314.1M$375.1M
Personal remittances received$2B$62.1M
Industry including construction value added, % of GDP19.9%5.3%
Agriculture, forestry and fishing value added, % of GDP6.8%58.9%
Charges for the use of intellectual property, payments BoP$27.1M$892k
Charges for the use of intellectual property, receipts BoP$270k$5.8M
Expense, % of GDP21.4%N/A
Government Expenditure, % of GDP29.6%23.4%

Compare with countries close by GDP per capita

Georgia vs

CountryGDP
per capita
Population
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
Paraguay
$5.8k
6.81M
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
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
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M

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
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
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