Guinea vs Portugal: Economic Indicators Comparison

Portugal with a GDP of $240.7B ranked the 48th largest economy in the world, while Guinea ranked 142nd with $10.9B. By GDP 5-years average growth and GDP per capita, Portugal and Guinea ranked 135th vs 15th and 40th vs 175th, respectively.

Gross Domestic Product & Income

StatGuineaPortugal
GDP$10.9B$240.7B
GDP growth, 1 year5.8%2.1%
GDP growth, 5-years average6.7%1.9%
Population12.7M10.6M
GDP per capita$879$23k
GDP per capita growth3.2%2.63%
Purchasing Power Parity conversion factor3160.710.59
Price level ratio of PPP conversion factor GDP to market exchange rate0.350.7
GDP per capita, PPP adjusted$2.3k$32k
GNI, Atlas method$10.6B$226.1B
GNI per capita$850$22k
GNI, PPP adjusted$30.6B$336B
GNI per capita, PPP adjusted$2.5k$33k

Financial system and Human development

StatGuineaPortugal
Income Tax Rate40%48%
Corporate Tax Rate35%23%
Inflation, consumer prices9.7%1.2%
Inflation, GDP deflator-1.3%1.6%
Unemployment3.6%6.9%
Economic Freedom Index56.567
Personal Freedom Index5.958.99
Human Freedom Index5.688.11
Property Rights Index38.775.4
Judical Effectiveness Index33.365.6
Business Freedom Index55.476.5
Fiscal Health Index93.874.4
Labor Freedom Index5844.1
Investment Freedom Index5070
Financial Freedom Index4060
Trade Freedom Index60.486.4
Monetary Freedom Index70.683
Government Spending Index91.439.8
Tax Burden Index7059.6
Government Integrity Index16.168.9
Corruption Perceptions Index2864
Life expectancy at birth, years60.781.1
Suicide mortality rate, per 100,000 people6.314
Mortality caused by road traffic injury, per 100,000 people28.27.4
Intentional homicides, per 100,000 people8.80.7
International tourism, number of arrivals99k16.2M

Government debt & reserves

StatGuineaPortugal
Central government debt, % of GDP38.7%121.4%
External debt stocks, % of GNI24.6%N/A
External debt stocks$2.6BN/A
Short-term debt, % of total reserves12.4%N/A
Total debt service, % of exports and primary income2.2%N/A
Adjusted net savings including particulate emission damage, % of GNI-6.5%3.4%
Gross savings, % of GDP3.1%18%
Gross capital formation, % of GDP18.9%18.1%
Total reserves including gold$1.2B$24.9B
Foreign direct investment net inflows$352.8M$6.4B

Exports, imports and economic structure

StatGuineaPortugal
Exports of goods and services, % of GDP37.6%43.5%
Imports of goods and services, % of GDP53%43.4%
Current account balance (balance of payments)-$190.5M$956.9M
Revenue excluding grants, % of GDP12.1%37.5%
Grants excluding technical cooperation, BoP$367.3MN/A
Personal remittances received$28.4M$503.8M
Industry including construction value added, % of GDP24.8%19.2%
Agriculture, forestry and fishing value added, % of GDP24.3%2.1%
Charges for the use of intellectual property, payments BoP$620k$850.5M
Charges for the use of intellectual property, receipts BoP-$1.5M$118.9M
Expense, % of GDP9.4%41.4%
Government Expenditure, % of GDP16.9%44.8%

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

Portugal vs

CountryGDP
per capita
Population
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k