Guinea-Bissau vs Madagascar: Economic Indicators Comparison

Madagascar with a GDP of $13.9B ranked the 130th largest economy in the world, while Guinea-Bissau ranked 181st with $1.5B. By GDP 5-years average growth and GDP per capita, Madagascar and Guinea-Bissau ranked 55th vs 44th and 190th vs 179th, respectively.

Gross Domestic Product & Income

StatGuinea-BissauMadagascar
GDP$1.5B$13.9B
GDP growth, 1 year3.8%5.2%
GDP growth, 5-years average4.6%4%
Population1.9M25.6M
GDP per capita$778$528
GDP per capita growth1.24%1.81%
Purchasing Power Parity conversion factor240.31929.9
Price level ratio of PPP conversion factor GDP to market exchange rate0.430.28
GDP per capita, PPP adjusted$1.9k$1.6k
GNI, Atlas method$1.4B$13.3B
GNI per capita$750$510
GNI, PPP adjusted$3.4B$48.2B
GNI per capita, PPP adjusted$1.8k$1.8k

Financial system and Human development

StatGuinea-BissauMadagascar
Income Tax Rate20%20%
Corporate Tax Rate25%20%
Inflation, consumer prices1.4%7.3%
Inflation, GDP deflator-0.4%7.6%
Unemployment4.1%1.7%
Economic Freedom Index53.360.5
Personal Freedom Index6.837.29
Human Freedom Index5.976.69
Property Rights Index41.345.6
Judical Effectiveness Index48.439.6
Business Freedom Index39.147.3
Fiscal Health Index67.390.6
Labor Freedom Index61.244.6
Investment Freedom Index3055
Financial Freedom Index3050
Trade Freedom Index4973.6
Monetary Freedom Index82.772.7
Government Spending Index86.791.5
Tax Burden Index88.790.7
Government Integrity Index14.825
Corruption Perceptions Index1625
Life expectancy at birth, years57.766.3
Suicide mortality rate, per 100,000 people43.9
Mortality caused by road traffic injury, per 100,000 people31.128.6
Intentional homicides, per 100,000 people1.17.7
International tourism, number of arrivals45k291k

Government debt & reserves

StatGuinea-BissauMadagascar
Central government debt, % of GDP56.1%39.7%
External debt stocks, % of GNI28.9%31.8%
External debt stocks$420.7M$3.7B
Short-term debt, % of total reservesN/A15.6%
Total debt service, % of exports and primary income1.9%2.7%
Adjusted net savings including particulate emission damage, % of GNI-11%7.7%
Gross savings, % of GDP8.8%18.6%
Gross capital formation, % of GDP10.9%19.6%
Total reserves including goldN/A$1.7B
Foreign direct investment net inflows$20.6M$612M

Exports, imports and economic structure

StatGuinea-BissauMadagascar
Exports of goods and services, % of GDP25.3%28.7%
Imports of goods and services, % of GDP32.5%33.8%
Current account balance (balance of payments)-$54.1M$80.1M
Revenue excluding grants, % of GDP12.7%11.4%
Grants excluding technical cooperation, BoP$80M$373.7M
Personal remittances received$127.9M$425.5M
Industry including construction value added, % of GDP12.6%23.1%
Agriculture, forestry and fishing value added, % of GDP47.5%23.8%
Charges for the use of intellectual property, payments BoP$2.4k$17.1M
Charges for the use of intellectual property, receipts BoP$79k$4.5M
Expense, % of GDP12.6%9.8%
Government Expenditure, % of GDP21.1%16.8%

Compare with countries close by GDP per capita

Guinea-Bissau vs

CountryGDP
per capita
Population
Myanmar
$1.3k
53.4M
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
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
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M
Niger
$414
21.5M
Malawi
$389
18.6M

Madagascar vs

CountryGDP
per capita
Population
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
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
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M
Niger
$414
21.5M
Malawi
$389
18.6M
Somalia
$315
11M
Burundi
$272
10.9M