Grenada vs Mongolia: Economic Indicators Comparison

Mongolia with a GDP of $13.1B ranked the 134th largest economy in the world, while Grenada ranked 183rd with $1.2B. By GDP per capita, Mongolia and Grenada ranked 118th vs 70th, respectively.

Gross Domestic Product & Income

StatGrenadaMongolia
GDP$1.2B$13.1B
GDP growth, 1 year4.18%6.9%
GDP growth, 5-years averageN/A4.7%
Population108k3.1M
GDP per capita$11k$4.1k
GDP per capita growth3.64%5.32%
Purchasing Power Parity conversion factor1.85738.48
Price level ratio of PPP conversion factor GDP to market exchange rate0.680.3
GDP per capita, PPP adjusted$16k$13k
GNI, Atlas method$1.1B$11.6B
GNI per capita$9.7k$3.7k
GNI, PPP adjusted$1.6B$39.6B
GNI per capita, PPP adjusted$14k$13k

Financial system and Human development

StatGrenadaMongolia
Income Tax RateN/A10%
Corporate Tax RateN/A25%
Inflation, consumer prices0.8%7.7%
Inflation, GDP deflator1%8.1%
Unemployment22.9%6.3%
Economic Freedom Index6355.9
Personal Freedom Index67.63
Human Freedom Index67.17
Property Rights IndexN/A50.3
Judical Effectiveness IndexN/A23
Business Freedom IndexN/A63.6
Fiscal Health IndexN/A9.3
Labor Freedom IndexN/A75.7
Investment Freedom IndexN/A50
Financial Freedom IndexN/A60
Trade Freedom IndexN/A74
Monetary Freedom IndexN/A74.2
Government Spending IndexN/A66.6
Tax Burden IndexN/A87.4
Government Integrity IndexN/A36.9
Corruption Perceptions Index5237
Life expectancy at birth, years72.469.5
Suicide mortality rate, per 100,000 people1.713
Mortality caused by road traffic injury, per 100,000 people9.316.5
Intentional homicides, per 100,000 people11.16.2
International tourism, number of arrivals185k529k

Government debt & reserves

StatGrenadaMongolia
Central government debt, % of GDPN/A73.3%
External debt stocks, % of GNI58.8%253.9%
External debt stocks$644.9M$29.4B
Short-term debt, % of total reserves50.4%87.3%
Total debt service, % of exports and primary income8.4%101.6%
Adjusted net savings including particulate emission damage, % of GNIN/A-10.3%
Gross savings, % of GDPN/A30.3%
Gross capital formation, % of GDPN/A43.1%
Total reserves including gold$233.8M$3.5B
Foreign direct investment net inflows$153.7M$2B

Exports, imports and economic structure

StatGrenadaMongolia
Exports of goods and services, % of GDP54.2%58.7%
Imports of goods and services, % of GDP55.2%64.2%
Current account balance (balance of payments)-$116.3M-$1.9B
Revenue excluding grants, % of GDPN/A24.9%
Grants excluding technical cooperation, BoP$250k$115.6M
Personal remittances received$48.5M$440.6M
Industry including construction value added, % of GDP13.3%38.7%
Agriculture, forestry and fishing value added, % of GDP5.2%10.8%
Charges for the use of intellectual property, payments BoP$9.3M$16.1M
Charges for the use of intellectual property, receipts BoP$56k$1.4M
Expense, % of GDPN/A23.8%
Government Expenditure, % of GDPN/A33.4%

Compare with countries close by GDP per capita

Grenada vs

CountryGDP
per capita
Population
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M

Mongolia vs

CountryGDP
per capita
Population
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
Georgia
$4.7k
3.72M
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
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
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k