Guinea-Bissau vs the Palestine: Economic Indicators Comparison

The Palestine with a GDP of $14.6B ranked the 125th largest economy in the world, while Guinea-Bissau ranked 181st with $1.5B. By GDP per capita, the Palestine and Guinea-Bissau ranked 132nd vs 179th, respectively.

Gross Domestic Product & Income

Stat	Guinea-Bissau	Palestine
GDP	$1.5B	$14.6B
GDP growth, 1 year	3.8%	0.91%
GDP growth, 5-years average	4.6%	N/A
Population	1.9M	4.7M
GDP per capita	$778	$3.2k
GDP per capita growth	1.24%	-1.62%
Purchasing Power Parity conversion factor	240.31	2.23
Price level ratio of PPP conversion factor GDP to market exchange rate	0.43	0.62
GDP per capita, PPP adjusted	$1.9k	$5.2k
GNI, Atlas method	$1.4B	$17B
GNI per capita	$750	$3.7k
GNI, PPP adjusted	$3.4B	$27.4B
GNI per capita, PPP adjusted	$1.8k	$6k

Financial system and Human development

Stat	Guinea-Bissau	Palestine
Income Tax Rate	20%	N/A
Corporate Tax Rate	25%	N/A
Inflation, consumer prices	1.4%	-0.2%
Inflation, GDP deflator	-0.4%	-0.1%
Unemployment	4.1%	26.3%
Economic Freedom Index	53.3	30
Personal Freedom Index	6.83	4.1
Human Freedom Index	5.97	4
Property Rights Index	41.3	N/A
Judical Effectiveness Index	48.4	N/A
Business Freedom Index	39.1	N/A
Fiscal Health Index	67.3	N/A
Labor Freedom Index	61.2	N/A
Investment Freedom Index	30	N/A
Financial Freedom Index	30	N/A
Trade Freedom Index	49	N/A
Monetary Freedom Index	82.7	N/A
Government Spending Index	86.7	N/A
Tax Burden Index	88.7	N/A
Government Integrity Index	14.8	N/A
Corruption Perceptions Index	16	18
Life expectancy at birth, years	57.7	73.7
Suicide mortality rate, per 100,000 people	4	4.3
Mortality caused by road traffic injury, per 100,000 people	31.1	19.5
Intentional homicides, per 100,000 people	1.1	0.7
International tourism, number of arrivals	45k	606k

Government debt & reserves

Stat	Guinea-Bissau	Palestine
Central government debt, % of GDP	56.1%	N/A
External debt stocks, % of GNI	28.9%	N/A
External debt stocks	$420.7M	N/A
Short-term debt, % of total reserves	N/A	N/A
Total debt service, % of exports and primary income	1.9%	N/A
Adjusted net savings including particulate emission damage, % of GNI	-11%	N/A
Gross savings, % of GDP	8.8%	12.6%
Gross capital formation, % of GDP	10.9%	24.2%
Total reserves including gold	N/A	$537.8M
Foreign direct investment net inflows	$20.6M	$262.5M

Exports, imports and economic structure

Stat	Guinea-Bissau	Palestine
Exports of goods and services, % of GDP	25.3%	19.9%
Imports of goods and services, % of GDP	32.5%	59.7%
Current account balance (balance of payments)	-$54.1M	-$1.7B
Revenue excluding grants, % of GDP	12.7%	6.9%
Grants excluding technical cooperation, BoP	$80M	$2.1B
Personal remittances received	$127.9M	$2.5B
Industry including construction value added, % of GDP	12.6%	19.6%
Agriculture, forestry and fishing value added, % of GDP	47.5%	3.2%
Charges for the use of intellectual property, payments BoP	$2.4k	$1.4M
Charges for the use of intellectual property, receipts BoP	$79k	$1.6k
Expense, % of GDP	12.6%	8.3%
Government Expenditure, % of GDP	21.1%	N/A