Greece vs Madagascar: Economic Indicators Comparison

Greece with a GDP of $218B ranked the 52nd largest economy in the world, while Madagascar ranked 130th with $13.9B. By GDP 5-years average growth and GDP per capita, Greece and Madagascar ranked 158th vs 55th and 45th vs 190th, respectively.

Gross Domestic Product & Income

StatGreeceMadagascar
GDP$218B$13.9B
GDP growth, 1 year2.1%5.2%
GDP growth, 5-years average0.7%4%
Population10.8M25.6M
GDP per capita$20k$528
GDP per capita growth2.19%1.81%
Purchasing Power Parity conversion factor0.58929.9
Price level ratio of PPP conversion factor GDP to market exchange rate0.690.28
GDP per capita, PPP adjusted$29k$1.6k
GNI, Atlas method$212B$13.3B
GNI per capita$20k$510
GNI, PPP adjusted$318.3B$48.2B
GNI per capita, PPP adjusted$30k$1.8k

Financial system and Human development

StatGreeceMadagascar
Income Tax Rate42%20%
Corporate Tax Rate28%20%
Inflation, consumer prices0.8%7.3%
Inflation, GDP deflator0.5%7.6%
Unemployment19.2%1.7%
Economic Freedom Index59.960.5
Personal Freedom Index8.527.29
Human Freedom Index7.776.69
Property Rights Index5745.6
Judical Effectiveness Index48.639.6
Business Freedom Index73.747.3
Fiscal Health Index8090.6
Labor Freedom Index5244.6
Investment Freedom Index5555
Financial Freedom Index5050
Trade Freedom Index81.473.6
Monetary Freedom Index79.472.7
Government Spending Index31.591.5
Tax Burden Index5990.7
Government Integrity Index51.225
Corruption Perceptions Index4525
Life expectancy at birth, years81.466.3
Suicide mortality rate, per 100,000 people53.9
Mortality caused by road traffic injury, per 100,000 people9.228.6
Intentional homicides, per 100,000 people0.77.7
International tourism, number of arrivals30.1M291k

Government debt & reserves

StatGreeceMadagascar
Central government debt, % of GDP183.3%39.7%
External debt stocks, % of GNIN/A31.8%
External debt stocksN/A$3.7B
Short-term debt, % of total reservesN/A15.6%
Total debt service, % of exports and primary incomeN/A2.7%
Adjusted net savings including particulate emission damage, % of GNI-3.1%7.7%
Gross savings, % of GDP12.9%18.6%
Gross capital formation, % of GDP13.1%19.6%
Total reserves including gold$7.6B$1.7B
Foreign direct investment net inflows$4B$612M

Exports, imports and economic structure

StatGreeceMadagascar
Exports of goods and services, % of GDP36.1%28.7%
Imports of goods and services, % of GDP36.4%33.8%
Current account balance (balance of payments)-$6.2B$80.1M
Revenue excluding grants, % of GDP46%11.4%
Grants excluding technical cooperation, BoPN/A$373.7M
Personal remittances received$489.7M$425.5M
Industry including construction value added, % of GDP15.3%23.1%
Agriculture, forestry and fishing value added, % of GDP3.7%23.8%
Charges for the use of intellectual property, payments BoP$383M$17.1M
Charges for the use of intellectual property, receipts BoP$95.8M$4.5M
Expense, % of GDP46.6%9.8%
Government Expenditure, % of GDP47.8%16.8%

Compare with countries close by GDP per capita

Greece vs

CountryGDP
per capita
Population
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k

Madagascar 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
Sierra Leone
$534
7.56M
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