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Grenada vs South Africa: Economic Indicators Comparison

South Africa with a GDP of $368.3B ranked the 35th largest economy in the world, while Grenada ranked 183rd with $1.2B. By GDP per capita, South Africa and Grenada ranked 95th vs 70th, respectively.

Gross Domestic Product & Income

StatGrenadaSouth Africa
GDP$1.2B$368.3B
GDP growth, 1 year4.18%0.8%
GDP growth, 5-years averageN/A1.1%
Population108k57.7M
GDP per capita$11k$6.4k
GDP per capita growth3.64%-0.57%
Purchasing Power Parity conversion factor1.856.16
Price level ratio of PPP conversion factor GDP to market exchange rate0.680.47
GDP per capita, PPP adjusted$16k$14k
GNI, Atlas method$1.1B$332.3B
GNI per capita$9.7k$5.8k
GNI, PPP adjusted$1.6B$765.8B
GNI per capita, PPP adjusted$14k$13k

Financial system and Human development

StatGrenadaSouth Africa
Income Tax RateN/A45%
Corporate Tax RateN/A28%
Inflation, consumer prices0.8%4.6%
Inflation, GDP deflator1%3.9%
Unemployment22.9%27%
Economic Freedom Index6358.8
Personal Freedom Index66.92
Human Freedom Index66.78
Property Rights IndexN/A58.4
Judical Effectiveness IndexN/A38
Business Freedom IndexN/A62
Fiscal Health IndexN/A64
Labor Freedom IndexN/A58.8
Investment Freedom IndexN/A45
Financial Freedom IndexN/A50
Trade Freedom IndexN/A75.8
Monetary Freedom IndexN/A75.9
Government Spending IndexN/A67.4
Tax Burden IndexN/A63.7
Government Integrity IndexN/A46.6
Corruption Perceptions Index5243
Life expectancy at birth, years72.463.5
Suicide mortality rate, per 100,000 people1.711.6
Mortality caused by road traffic injury, per 100,000 people9.325.9
Intentional homicides, per 100,000 people11.135.9
International tourism, number of arrivals185k10.5M

Government debt & reserves

StatGrenadaSouth Africa
Central government debt, % of GDPN/A56.7%
External debt stocks, % of GNI58.8%50.6%
External debt stocks$644.9M$179.3B
Short-term debt, % of total reserves50.4%70.9%
Total debt service, % of exports and primary income8.4%19.9%
Adjusted net savings including particulate emission damage, % of GNIN/A0.6%
Gross savings, % of GDPN/A14.9%
Gross capital formation, % of GDPN/A17.9%
Total reserves including gold$233.8M$51.6B
Foreign direct investment net inflows$153.7M$5.5B

Exports, imports and economic structure

StatGrenadaSouth Africa
Exports of goods and services, % of GDP54.2%29.9%
Imports of goods and services, % of GDP55.2%29.6%
Current account balance (balance of payments)-$116.3M-$13.4B
Revenue excluding grants, % of GDPN/A30.9%
Grants excluding technical cooperation, BoP$250k$817.9M
Personal remittances received$48.5M$929M
Industry including construction value added, % of GDP13.3%25.9%
Agriculture, forestry and fishing value added, % of GDP5.2%2.2%
Charges for the use of intellectual property, payments BoP$9.3M$1.8B
Charges for the use of intellectual property, receipts BoP$56k$120.7M
Expense, % of GDPN/A34.4%
Government Expenditure, % of GDPN/A33%

Compare with countries close by GDP per capita

Grenada vs

CountryGDP
per capita
Population
Seychelles
$16k
95.8k
Oman
$16k
3.63M
Hungary
$16k
9.97M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
20.9k
Panama
$16k
3.86M
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
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
Mexico
$9.7k
131M
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

South Africa vs

CountryGDP
per capita
Population
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
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
Ecuador
$6.3k
15.7M
Belarus
$6.3k
9.49M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M
Iraq
$5.8k
33.4M
Paraguay
$5.8k
6.8M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M