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Ghana vs Mexico: Economic Indicators Comparison

Mexico with a GDP of $1.2T ranked the 15th largest economy in the world, while Ghana ranked 73rd with $65.6B. By GDP 5-years average growth and GDP per capita, Mexico and Ghana ranked 109th vs 46th and 77th vs 142nd, respectively.

Gross Domestic Product & Income

StatGhanaMexico
GDP$65.6B$1.2T
GDP growth, 1 year5.6%2%
GDP growth, 5-years average4.5%2.6%
Population28.3M130.5M
GDP per capita$2.2k$9.7k
GDP per capita growth3.96%0.99%
Purchasing Power Parity conversion factor2.139.38
Price level ratio of PPP conversion factor GDP to market exchange rate0.460.49
GDP per capita, PPP adjusted$6.5k$21k
GNI, Atlas method$63.4B$1.2T
GNI per capita$2.1k$9.2k
GNI, PPP adjusted$138.5B$2.4T
GNI per capita, PPP adjusted$4.7k$19k

Financial system and Human development

StatGhanaMexico
Income Tax Rate35%35%
Corporate Tax Rate25%30%
Inflation, consumer prices9.8%4.9%
Inflation, GDP deflator10.2%5%
Unemployment6.7%3.3%
Economic Freedom Index59.466
Personal Freedom Index7.647.23
Human Freedom Index7.216.94
Property Rights Index52.558.3
Judical Effectiveness Index46.134.7
Business Freedom Index58.467
Fiscal Health Index35.687.5
Labor Freedom Index59.358.4
Investment Freedom Index7075
Financial Freedom Index6060
Trade Freedom Index63.887.6
Monetary Freedom Index68.970.9
Government Spending Index88.179.3
Tax Burden Index78.476.1
Government Integrity Index32.236.7
Corruption Perceptions Index4128
Life expectancy at birth, years63.574.9
Suicide mortality rate, per 100,000 people5.45.1
Mortality caused by road traffic injury, per 100,000 people24.913.1
Intentional homicides, per 100,000 people2.124.8
International tourism, number of arrivals897k41.3M

Government debt & reserves

StatGhanaMexico
Central government debt, % of GDP59.6%53.6%
External debt stocks, % of GNI36.3%38%
External debt stocks$23.3B$453B
Short-term debt, % of total reserves57.7%34.6%
Total debt service, % of exports and primary income9.4%11.9%
Adjusted net savings including particulate emission damage, % of GNI-8.4%7.5%
Gross savings, % of GDP21%23.7%
Gross capital formation, % of GDP14.9%22.7%
Total reserves including gold$6.3B$176.4B
Foreign direct investment net inflows$3B$37.5B

Exports, imports and economic structure

StatGhanaMexico
Exports of goods and services, % of GDP35.3%39.3%
Imports of goods and services, % of GDP36.4%41.2%
Current account balance (balance of payments)-$2B-$22B
Revenue excluding grants, % of GDP27.2%18.9%
Grants excluding technical cooperation, BoP$713.6M$318.9M
Personal remittances received$3.5B$35.8B
Industry including construction value added, % of GDP31.5%30.9%
Agriculture, forestry and fishing value added, % of GDP18.3%3.4%
Charges for the use of intellectual property, payments BoP$700k$302M
Charges for the use of intellectual property, receipts BoPN/A$7M
Expense, % of GDP30.5%20.4%
Government Expenditure, % of GDP20%26.3%

Compare with countries close by GDP per capita

Ghana vs

CountryGDP
per capita
Population
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
754k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
101M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
850k
Papua New Guinea
$2.7k
7.32M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.77M
Honduras
$2.5k
8.1M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
14.1M
Solomon Islands
$2.1k
561k
East Timor
$2k
1.18M
Syria
$2k
19.8M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.35B
Sao Tome and Principe
$2k
193k
Ivory Coast
$1.7k
20.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
24.9M
Bangladesh
$1.7k
157M
Kiribati
$1.6k
102k
Zambia
$1.5k
17.1M

Mexico vs

CountryGDP
per capita
Population
Poland
$15k
38.5M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.87M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
345k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
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