Guinea-Bissau vs Senegal: Economic Indicators Comparison
Senegal with a GDP of $24.1B ranked the 111th largest economy in the world, while Guinea-Bissau ranked 181st with $1.5B. By GDP 5-years average growth and GDP per capita, Senegal and Guinea-Bissau ranked 20th vs 44th and 160th vs 179th, respectively.
Gross Domestic Product & Income
Stat | ||
---|---|---|
GDP | $1.5B | $24.1B |
GDP growth, 1 year | 3.8% | 6.2% |
GDP growth, 5-years average | 4.6% | 6.5% |
Population | 1.9M | 15.9M |
GDP per capita | $778 | $1.5k |
GDP per capita growth | 1.24% | 3.84% |
Purchasing Power Parity conversion factor | 240.31 | 223.6 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.43 | 0.4 |
GDP per capita, PPP adjusted | $1.9k | $3.7k |
GNI, Atlas method | $1.4B | $22.4B |
GNI per capita | $750 | $1.4k |
GNI, PPP adjusted | $3.4B | $58.2B |
GNI per capita, PPP adjusted | $1.8k | $3.7k |
Financial system and Human development
Stat | ||
---|---|---|
Income Tax Rate | 20% | 40% |
Corporate Tax Rate | 25% | 30% |
Inflation, consumer prices | 1.4% | 0.5% |
Inflation, GDP deflator | -0.4% | 2.3% |
Unemployment | 4.1% | 6.5% |
Economic Freedom Index | 53.3 | 58 |
Personal Freedom Index | 6.83 | 6.67 |
Human Freedom Index | 5.97 | 6.29 |
Property Rights Index | 41.3 | 52.4 |
Judical Effectiveness Index | 48.4 | 39.8 |
Business Freedom Index | 39.1 | 50.4 |
Fiscal Health Index | 67.3 | 75.2 |
Labor Freedom Index | 61.2 | 38.1 |
Investment Freedom Index | 30 | 60 |
Financial Freedom Index | 30 | 40 |
Trade Freedom Index | 49 | 65.4 |
Monetary Freedom Index | 82.7 | 79.7 |
Government Spending Index | 86.7 | 84.4 |
Tax Burden Index | 88.7 | 70.2 |
Government Integrity Index | 14.8 | 40.6 |
Corruption Perceptions Index | 16 | 45 |
Life expectancy at birth, years | 57.7 | 67.4 |
Suicide mortality rate, per 100,000 people | 4 | 6 |
Mortality caused by road traffic injury, per 100,000 people | 31.1 | 23.4 |
Intentional homicides, per 100,000 people | 1.1 | 7.4 |
International tourism, number of arrivals | 45k | 1.4M |
Government debt & reserves
Stat | ||
---|---|---|
Central government debt, % of GDP | 56.1% | 64.4% |
External debt stocks, % of GNI | 28.9% | 52.4% |
External debt stocks | $420.7M | $12.3B |
Short-term debt, % of total reserves | N/A | N/A |
Total debt service, % of exports and primary income | 1.9% | 13.5% |
Adjusted net savings including particulate emission damage, % of GNI | -11% | 12.3% |
Gross savings, % of GDP | 8.8% | 20.4% |
Gross capital formation, % of GDP | 10.9% | 28.7% |
Total reserves including gold | N/A | N/A |
Foreign direct investment net inflows | $20.6M | $629.3M |
Exports, imports and economic structure
Stat | ||
---|---|---|
Exports of goods and services, % of GDP | 25.3% | 21.9% |
Imports of goods and services, % of GDP | 32.5% | 36.1% |
Current account balance (balance of payments) | -$54.1M | -$1.5B |
Revenue excluding grants, % of GDP | 12.7% | 19.2% |
Grants excluding technical cooperation, BoP | $80M | $478.7M |
Personal remittances received | $127.9M | $2.4B |
Industry including construction value added, % of GDP | 12.6% | 25.8% |
Agriculture, forestry and fishing value added, % of GDP | 47.5% | 16.6% |
Charges for the use of intellectual property, payments BoP | $2.4k | $8.1M |
Charges for the use of intellectual property, receipts BoP | $79k | $4.9M |
Expense, % of GDP | 12.6% | 18.3% |
Government Expenditure, % of GDP | 21.1% | 22.8% |