Grenada vs Rwanda: Economic Indicators Comparison

Rwanda with a GDP of $9.5B ranked the 145th largest economy in the world, while Grenada ranked 183rd with $1.2B. By GDP per capita, Rwanda and Grenada ranked 180th vs 70th, respectively.

Gross Domestic Product & Income

StatGrenadaRwanda
GDP$1.2B$9.5B
GDP growth, 1 year4.18%8.6%
GDP growth, 5-years averageN/A7.4%
Population108k12.2M
GDP per capita$11k$773
GDP per capita growth3.64%5.77%
Purchasing Power Parity conversion factor1.85295.65
Price level ratio of PPP conversion factor GDP to market exchange rate0.680.34
GDP per capita, PPP adjusted$16k$2.3k
GNI, Atlas method$1.1B$9.6B
GNI per capita$9.7k$780
GNI, PPP adjusted$1.6B$27.1B
GNI per capita, PPP adjusted$14k$2.2k

Financial system and Human development

StatGrenadaRwanda
Income Tax RateN/A30%
Corporate Tax RateN/A30%
Inflation, consumer prices0.8%1.4%
Inflation, GDP deflator1%-0.8%
Unemployment22.9%1%
Economic Freedom Index6370.9
Personal Freedom Index67.34
Human Freedom Index67
Property Rights IndexN/A76.5
Judical Effectiveness IndexN/A78.3
Business Freedom IndexN/A60.3
Fiscal Health IndexN/A86.7
Labor Freedom IndexN/A81.8
Investment Freedom IndexN/A60
Financial Freedom IndexN/A40
Trade Freedom IndexN/A70.4
Monetary Freedom IndexN/A79.8
Government Spending IndexN/A79.8
Tax Burden IndexN/A79.2
Government Integrity IndexN/A57.6
Corruption Perceptions Index5256
Life expectancy at birth, years72.468.3
Suicide mortality rate, per 100,000 people1.76.7
Mortality caused by road traffic injury, per 100,000 people9.329.7
Intentional homicides, per 100,000 people11.12.5
International tourism, number of arrivals185k932k

Government debt & reserves

StatGrenadaRwanda
Central government debt, % of GDPN/A40.7%
External debt stocks, % of GNI58.8%58%
External debt stocks$644.9M$5.4B
Short-term debt, % of total reserves50.4%8.5%
Total debt service, % of exports and primary income8.4%12.6%
Adjusted net savings including particulate emission damage, % of GNIN/A-4.4%
Gross savings, % of GDPN/A12.4%
Gross capital formation, % of GDPN/A24.4%
Total reserves including gold$233.8M$1.2B
Foreign direct investment net inflows$153.7M$305.5M

Exports, imports and economic structure

StatGrenadaRwanda
Exports of goods and services, % of GDP54.2%17.4%
Imports of goods and services, % of GDP55.2%34.1%
Current account balance (balance of payments)-$116.3M-$746.9M
Revenue excluding grants, % of GDPN/A20%
Grants excluding technical cooperation, BoP$250k$621.4M
Personal remittances received$48.5M$260.5M
Industry including construction value added, % of GDP13.3%16.2%
Agriculture, forestry and fishing value added, % of GDP5.2%29%
Charges for the use of intellectual property, payments BoP$9.3MN/A
Charges for the use of intellectual property, receipts BoP$56kN/A
Expense, % of GDPN/A18.9%
Government Expenditure, % of GDPN/A26%

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

Rwanda vs

CountryGDP
per capita
Population
Lesotho
$1.3k
2.23M
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
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
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