Guinea vs the Philippines: Economic Indicators Comparison

The Philippines with a GDP of $330.9B ranked the 40th largest economy in the world, while Guinea ranked 142nd with $10.9B. By GDP 5-years average growth and GDP per capita, the Philippines and Guinea ranked 21st vs 15th and 134th vs 175th, respectively.

Gross Domestic Product & Income

StatGuineaPhilippines
GDP$10.9B$330.9B
GDP growth, 1 year5.8%6.2%
GDP growth, 5-years average6.7%6.4%
Population12.7M104.9M
GDP per capita$879$3.1k
GDP per capita growth3.2%4.77%
Purchasing Power Parity conversion factor3160.7118.25
Price level ratio of PPP conversion factor GDP to market exchange rate0.350.35
GDP per capita, PPP adjusted$2.3k$8.9k
GNI, Atlas method$10.6B$408.8B
GNI per capita$850$3.8k
GNI, PPP adjusted$30.6B$1.1T
GNI per capita, PPP adjusted$2.5k$11k

Financial system and Human development

StatGuineaPhilippines
Income Tax Rate40%35%
Corporate Tax Rate35%30%
Inflation, consumer prices9.7%5.2%
Inflation, GDP deflator-1.3%3.8%
Unemployment3.6%2.5%
Economic Freedom Index56.564.5
Personal Freedom Index5.957.06
Human Freedom Index5.686.92
Property Rights Index38.754.6
Judical Effectiveness Index33.334.2
Business Freedom Index55.459.5
Fiscal Health Index93.896.3
Labor Freedom Index5857.4
Investment Freedom Index5060
Financial Freedom Index4060
Trade Freedom Index60.481.6
Monetary Freedom Index70.666.9
Government Spending Index91.487.9
Tax Burden Index7076.7
Government Integrity Index16.138.7
Corruption Perceptions Index2836
Life expectancy at birth, years60.771
Suicide mortality rate, per 100,000 people6.33.2
Mortality caused by road traffic injury, per 100,000 people28.212.3
Intentional homicides, per 100,000 people8.88.4
International tourism, number of arrivals99k7.2M

Government debt & reserves

StatGuineaPhilippines
Central government debt, % of GDP38.7%39.6%
External debt stocks, % of GNI24.6%19.9%
External debt stocks$2.6B$78.8B
Short-term debt, % of total reserves12.4%20.3%
Total debt service, % of exports and primary income2.2%8.7%
Adjusted net savings including particulate emission damage, % of GNI-6.5%28.5%
Gross savings, % of GDP3.1%42.4%
Gross capital formation, % of GDP18.9%26.9%
Total reserves including gold$1.2B$79.2B
Foreign direct investment net inflows$352.8M$9.8B

Exports, imports and economic structure

StatGuineaPhilippines
Exports of goods and services, % of GDP37.6%31.7%
Imports of goods and services, % of GDP53%44.4%
Current account balance (balance of payments)-$190.5M-$8.7B
Revenue excluding grants, % of GDP12.1%16.3%
Grants excluding technical cooperation, BoP$367.3M$436.5M
Personal remittances received$28.4M$33.8B
Industry including construction value added, % of GDP24.8%30.7%
Agriculture, forestry and fishing value added, % of GDP24.3%9.3%
Charges for the use of intellectual property, payments BoP$620k$917M
Charges for the use of intellectual property, receipts BoP-$1.5M$44.1M
Expense, % of GDP9.4%14.9%
Government Expenditure, % of GDP16.9%20.1%

Compare with countries close by GDP per capita

Guinea vs

CountryGDP
per capita
Population
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
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
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

Philippines vs

CountryGDP
per capita
Population
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
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M