Germany vs Saudi Arabia: Economic Indicators Comparison
Germany with a GDP of $3.9T ranked the 4th largest economy in the world, while Saudi Arabia ranked 18th with $786.5B. By GDP 5-years average growth and GDP per capita, Germany and Saudi Arabia ranked 136th vs 124th and 19th vs 41st, respectively.
Gross Domestic Product & Income
Stat | Germany | Saudi Arabia |
---|---|---|
GDP | $3.9T | $786.5B |
GDP growth, 1 year | 1.5% | 2.2% |
GDP growth, 5-years average | 1.9% | 2.2% |
Population | 83.1M | 33M |
GDP per capita | $48k | $23k |
GDP per capita growth | 1.2% | 0.61% |
Purchasing Power Parity conversion factor | 0.76 | 1.58 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.9 | 0.42 |
GDP per capita, PPP adjusted | $53k | $56k |
GNI, Atlas method | $3.9T | $727.8B |
GNI per capita | $47k | $22k |
GNI, PPP adjusted | $4.5T | $1.9T |
GNI per capita, PPP adjusted | $55k | $56k |
Financial system and Human development
Stat | Germany | Saudi Arabia |
---|---|---|
Income Tax Rate | 47.5% | 2.5% |
Corporate Tax Rate | 15.8% | 2.5% |
Inflation, consumer prices | 1.9% | 2.5% |
Inflation, GDP deflator | 1.5% | 11.5% |
Unemployment | 3.4% | 5.9% |
Economic Freedom Index | 73.5 | 62.4 |
Personal Freedom Index | 9.14 | 4.65 |
Human Freedom Index | 8.42 | 5.66 |
Property Rights Index | 80.5 | 64.6 |
Judical Effectiveness Index | 74.3 | 72.3 |
Business Freedom Index | 82.8 | 66.6 |
Fiscal Health Index | 92.9 | 19.3 |
Labor Freedom Index | 53 | 63.3 |
Investment Freedom Index | 80 | 45 |
Financial Freedom Index | 70 | 50 |
Trade Freedom Index | 86.4 | 75.4 |
Monetary Freedom Index | 76.7 | 81 |
Government Spending Index | 42.2 | 61.8 |
Tax Burden Index | 60.9 | 99.8 |
Government Integrity Index | 82.8 | 49.6 |
Corruption Perceptions Index | 80 | 49 |
Life expectancy at birth, years | 81 | 74.9 |
Suicide mortality rate, per 100,000 people | 13.6 | 3.2 |
Mortality caused by road traffic injury, per 100,000 people | 4.1 | 28.8 |
Intentional homicides, per 100,000 people | 1 | 1.3 |
International tourism, number of arrivals | 38.9M | 15.3M |
Government debt & reserves
Stat | Germany | Saudi Arabia |
---|---|---|
Central government debt, % of GDP | 59.8% | 19.1% |
External debt stocks, % of GNI | N/A | N/A |
External debt stocks | N/A | N/A |
Short-term debt, % of total reserves | N/A | N/A |
Total debt service, % of exports and primary income | N/A | N/A |
Adjusted net savings including particulate emission damage, % of GNI | 14.1% | 13.4% |
Gross savings, % of GDP | 29.3% | 33.2% |
Gross capital formation, % of GDP | 21.8% | 24.2% |
Total reserves including gold | $198B | $509.5B |
Foreign direct investment net inflows | $105.3B | $4.2B |
Exports, imports and economic structure
Stat | Germany | Saudi Arabia |
---|---|---|
Exports of goods and services, % of GDP | 47.4% | 39.9% |
Imports of goods and services, % of GDP | 41.3% | 26.7% |
Current account balance (balance of payments) | $289.9B | $70.6B |
Revenue excluding grants, % of GDP | 28.5% | 26.8% |
Grants excluding technical cooperation, BoP | N/A | $290k |
Personal remittances received | $18B | $334.9M |
Industry including construction value added, % of GDP | 27.5% | 49.5% |
Agriculture, forestry and fishing value added, % of GDP | 0.8% | 2.2% |
Charges for the use of intellectual property, payments BoP | $15.6B | N/A |
Charges for the use of intellectual property, receipts BoP | $24.4B | N/A |
Expense, % of GDP | 28.2% | 28% |
Government Expenditure, % of GDP | 43.9% | 35.7% |