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Guatemala vs South Africa: Economic Indicators Comparison

South Africa with a GDP of $368.3B ranked the 35th largest economy in the world, while Guatemala ranked 70th with $78.5B. By GDP 5-years average growth and GDP per capita, South Africa and Guatemala ranked 151st vs 69th and 95th vs 112nd, respectively.

Gross Domestic Product & Income

StatGuatemalaSouth Africa
GDP$78.5B$368.3B
GDP growth, 1 year3.1%0.8%
GDP growth, 5-years average3.5%1.1%
Population15.5M57.7M
GDP per capita$4.5k$6.4k
GDP per capita growth1.15%-0.57%
Purchasing Power Parity conversion factor4.046.16
Price level ratio of PPP conversion factor GDP to market exchange rate0.540.47
GDP per capita, PPP adjusted$8.4k$14k
GNI, Atlas method$75.9B$332.3B
GNI per capita$4.4k$5.8k
GNI, PPP adjusted$143.4B$765.8B
GNI per capita, PPP adjusted$8.3k$13k

Financial system and Human development

StatGuatemalaSouth Africa
Income Tax Rate31%45%
Corporate Tax Rate31%28%
Inflation, consumer prices3.8%4.6%
Inflation, GDP deflator2.9%3.9%
Unemployment2.7%27%
Economic Freedom Index6458.8
Personal Freedom Index7.146.92
Human Freedom Index7.216.78
Property Rights Index45.558.4
Judical Effectiveness Index32.238
Business Freedom Index62.662
Fiscal Health Index95.764
Labor Freedom Index48.458.8
Investment Freedom Index7045
Financial Freedom Index5050
Trade Freedom Index82.275.8
Monetary Freedom Index77.475.9
Government Spending Index95.667.4
Tax Burden Index79.263.7
Government Integrity Index29.646.6
Corruption Perceptions Index2743
Life expectancy at birth, years73.863.5
Suicide mortality rate, per 100,000 people2.711.6
Mortality caused by road traffic injury, per 100,000 people16.625.9
Intentional homicides, per 100,000 people26.135.9
International tourism, number of arrivals1.8M10.5M

Government debt & reserves

StatGuatemalaSouth Africa
Central government debt, % of GDP24.5%56.7%
External debt stocks, % of GNI29%50.6%
External debt stocks$22.3B$179.3B
Short-term debt, % of total reserves7.3%70.9%
Total debt service, % of exports and primary income26.7%19.9%
Adjusted net savings including particulate emission damage, % of GNI1.9%0.6%
Gross savings, % of GDP13.4%14.9%
Gross capital formation, % of GDP12.1%17.9%
Total reserves including gold$12.6B$51.6B
Foreign direct investment net inflows$1.1B$5.5B

Exports, imports and economic structure

StatGuatemalaSouth Africa
Exports of goods and services, % of GDP18.1%29.9%
Imports of goods and services, % of GDP27.7%29.6%
Current account balance (balance of payments)$665M-$13.4B
Revenue excluding grants, % of GDP11%30.9%
Grants excluding technical cooperation, BoP$342.5M$817.9M
Personal remittances received$9.4B$929M
Industry including construction value added, % of GDP24.6%25.9%
Agriculture, forestry and fishing value added, % of GDP10%2.2%
Charges for the use of intellectual property, payments BoP$209.8M$1.8B
Charges for the use of intellectual property, receipts BoP$700k$120.7M
Expense, % of GDP11.8%34.4%
Government Expenditure, % of GDP12.1%33%

Compare with countries close by GDP per capita

Guatemala vs

CountryGDP
per capita
Population
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
Georgia
$4.7k
3.72M
Tonga
$4.4k
105k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
190k
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
6.34M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
52.6k
Tuvalu
$3.7k
9.88k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M

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