Guatemala vs Malawi: Economic Indicators Comparison

Guatemala with a GDP of $78.5B ranked the 70th largest economy in the world, while Malawi ranked 150th with $7.1B. By GDP 5-years average growth and GDP per capita, Guatemala and Malawi ranked 69th vs 63rd and 112th vs 195th, respectively.

Gross Domestic Product & Income

StatGuatemalaMalawi
GDP$78.5B$7.1B
GDP growth, 1 year3.1%3.2%
GDP growth, 5-years average3.5%3.6%
Population17.3M18.6M
GDP per capita$4.5k$389
GDP per capita growth1.15%0.8%
Purchasing Power Parity conversion factor4.04217.52
Price level ratio of PPP conversion factor GDP to market exchange rate0.540.3
GDP per capita, PPP adjusted$8.4k$1.2k
GNI, Atlas method$75.9B$6.5B
GNI per capita$4.4k$360
GNI, PPP adjusted$143.4B$23.7B
GNI per capita, PPP adjusted$8.3k$1.3k

Financial system and Human development

StatGuatemalaMalawi
Income Tax Rate31%30%
Corporate Tax Rate31%30%
Inflation, consumer prices3.8%9.2%
Inflation, GDP deflator2.9%8.6%
Unemployment2.7%5.4%
Economic Freedom Index6452.8
Personal Freedom Index7.147.18
Human Freedom Index7.216.68
Property Rights Index45.543.1
Judical Effectiveness Index32.242.1
Business Freedom Index62.641.9
Fiscal Health Index95.723.6
Labor Freedom Index48.462.8
Investment Freedom Index7050
Financial Freedom Index5050
Trade Freedom Index82.275.4
Monetary Freedom Index77.469.1
Government Spending Index95.671.7
Tax Burden Index79.279
Government Integrity Index29.624.8
Corruption Perceptions Index2732
Life expectancy at birth, years73.863.3
Suicide mortality rate, per 100,000 people2.73.7
Mortality caused by road traffic injury, per 100,000 people16.631
Intentional homicides, per 100,000 people26.11.7
International tourism, number of arrivals1.8M871k

Government debt & reserves

StatGuatemalaMalawi
Central government debt, % of GDP24.5%61.3%
External debt stocks, % of GNI29%32.2%
External debt stocks$22.3B$2.3B
Short-term debt, % of total reserves7.3%3%
Total debt service, % of exports and primary income26.7%5.7%
Adjusted net savings including particulate emission damage, % of GNI1.9%-16.7%
Gross savings, % of GDP13.4%13.2%
Gross capital formation, % of GDP12.1%13.4%
Total reserves including gold$12.6B$759.6M
Foreign direct investment net inflows$1.1B$102M

Exports, imports and economic structure

StatGuatemalaMalawi
Exports of goods and services, % of GDP18.1%29.2%
Imports of goods and services, % of GDP27.7%36.2%
Current account balance (balance of payments)$665M-$1.4B
Revenue excluding grants, % of GDP11%18.1%
Grants excluding technical cooperation, BoP$342.5M$973.7M
Personal remittances received$9.4B$181.6M
Industry including construction value added, % of GDP24.6%14.4%
Agriculture, forestry and fishing value added, % of GDP10%26.1%
Charges for the use of intellectual property, payments BoP$209.8M$3.2M
Charges for the use of intellectual property, receipts BoP$700kN/A
Expense, % of GDP11.8%20.9%
Government Expenditure, % of GDP12.1%30.7%

Compare with countries close by GDP per capita

Guatemala vs

CountryGDP
per capita
Population
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
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
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
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

Malawi vs

CountryGDP
per capita
Population
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
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M
Niger
$414
21.5M
Somalia
$315
11M
Burundi
$272
10.9M