Haiti vs Paraguay: Economic Indicators Comparison

Paraguay with a GDP of $40.5B ranked the 94th largest economy in the world, while Haiti ranked 144th with $9.7B. By GDP 5-years average growth and GDP per capita, Paraguay and Haiti ranked 50th vs 145th and 104th vs 176th, respectively.

Gross Domestic Product & Income

StatHaitiParaguay
GDP$9.7B$40.5B
GDP growth, 1 year1.5%3.7%
GDP growth, 5-years average1.6%4.2%
Population11M6.8M
GDP per capita$868$5.8k
GDP per capita growth0.2%2.35%
Purchasing Power Parity conversion factor30.432453.78
Price level ratio of PPP conversion factor GDP to market exchange rate0.470.43
GDP per capita, PPP adjusted$1.9k$13k
GNI, Atlas method$8.9B$39.4B
GNI per capita$800$5.7k
GNI, PPP adjusted$20.9B$91.9B
GNI per capita, PPP adjusted$1.9k$13k

Financial system and Human development

StatHaitiParaguay
Income Tax Rate30%10%
Corporate Tax Rate30%10%
Inflation, consumer prices13.5%4%
Inflation, GDP deflator12.8%2.1%
Unemployment13.5%4.7%
Economic Freedom Index52.363
Personal Freedom Index7.337.3
Human Freedom Index7.047.02
Property Rights Index16.444.7
Judical Effectiveness Index23.326.4
Business Freedom Index33.660.9
Fiscal Health Index96.398
Labor Freedom Index62.329
Investment Freedom Index4575
Financial Freedom Index3060
Trade Freedom Index6775.4
Monetary Freedom Index61.572.5
Government Spending Index89.488.6
Tax Burden Index80.296.1
Government Integrity Index22.329.6
Corruption Perceptions Index2029
Life expectancy at birth, years63.374
Suicide mortality rate, per 100,000 people11.79.5
Mortality caused by road traffic injury, per 100,000 people15.122.7
Intentional homicides, per 100,000 people109.3
International tourism, number of arrivals447k1.2M

Government debt & reserves

StatHaitiParaguay
Central government debt, % of GDP33%21.6%
External debt stocks, % of GNI22.8%39.9%
External debt stocks$2.2B$15.8B
Short-term debt, % of total reserves0%60%
Total debt service, % of exports and primary income1.2%15.7%
Adjusted net savings including particulate emission damage, % of GNI17.6%14.5%
Gross savings, % of GDP24.4%23.2%
Gross capital formation, % of GDP29%22.4%
Total reserves including gold$2.4B$7.7B
Foreign direct investment net inflows$105M$386.9M

Exports, imports and economic structure

StatHaitiParaguay
Exports of goods and services, % of GDP17.1%36%
Imports of goods and services, % of GDP58.5%34.4%
Current account balance (balance of payments)-$343M$8.6M
Revenue excluding grants, % of GDPN/A17.4%
Grants excluding technical cooperation, BoP$790.3M$64.1M
Personal remittances received$3.1B$682.9M
Industry including construction value added, % of GDP66.2%33.9%
Agriculture, forestry and fishing value added, % of GDP18.9%10.4%
Charges for the use of intellectual property, payments BoP$577k$18.5M
Charges for the use of intellectual property, receipts BoP$25.3M$114.1M
Expense, % of GDPN/A15.6%
Government Expenditure, % of GDP18.8%19.5%

Compare with countries close by GDP per capita

Haiti vs

CountryGDP
per capita
Population
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
Guinea
$879
12.7M
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
Afghanistan
$521
34.9M

Paraguay vs

CountryGDP
per capita
Population
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M