Indonesia vs Iraq: Economic Indicators Comparison

Indonesia with a GDP of $1T ranked the 16th largest economy in the world, while Iraq ranked 50th with $224.2B. By GDP 5-years average growth and GDP per capita, Indonesia and Iraq ranked 31st vs 85th and 122nd vs 103rd, respectively.

Gross Domestic Product & Income

StatIndonesiaIraq
GDP$1T$224.2B
GDP growth, 1 year5.2%0.6%
GDP growth, 5-years average5%3.1%
Population264M38.3M
GDP per capita$3.9k$5.8k
GDP per capita growth3.99%-2.84%
Purchasing Power Parity conversion factor4238.11395.51
Price level ratio of PPP conversion factor GDP to market exchange rate0.30.33
GDP per capita, PPP adjusted$13k$18k
GNI, Atlas method$1T$193.6B
GNI per capita$3.8k$5k
GNI, PPP adjusted$3.4T$661.5B
GNI per capita, PPP adjusted$13k$17k

Financial system and Human development

StatIndonesiaIraq
Income Tax Rate30%15%
Corporate Tax Rate25%15%
Inflation, consumer prices3.2%0.4%
Inflation, GDP deflator3.8%15.4%
Unemployment4.3%7.9%
Economic Freedom Index67.221
Personal Freedom Index7.13.21
Human Freedom Index6.814.28
Property Rights Index59.843.9
Judical Effectiveness Index56.211.2
Business Freedom Index7052.6
Fiscal Health Index90.276.6
Labor Freedom Index49.244.8
Investment Freedom Index50N/A
Financial Freedom Index60N/A
Trade Freedom Index80.8N/A
Monetary Freedom Index78.476.4
Government Spending Index91.759.5
Tax Burden Index83.4N/A
Government Integrity Index37.220.8
Corruption Perceptions Index3818
Life expectancy at birth, years71.370.3
Suicide mortality rate, per 100,000 people3.43
Mortality caused by road traffic injury, per 100,000 people12.220.7
Intentional homicides, per 100,000 people0.49.9
International tourism, number of arrivals15.8M892k

Government debt & reserves

StatIndonesiaIraq
Central government debt, % of GDP29.2%48.4%
External debt stocks, % of GNI37.6%N/A
External debt stocks$379.7BN/A
Short-term debt, % of total reserves39.7%N/A
Total debt service, % of exports and primary income26%N/A
Adjusted net savings including particulate emission damage, % of GNI12%-7%
Gross savings, % of GDP31.6%20.1%
Gross capital formation, % of GDP34.6%12.9%
Total reserves including gold$120.7B$64.7B
Foreign direct investment net inflows$19.7B-$4.9B

Exports, imports and economic structure

StatIndonesiaIraq
Exports of goods and services, % of GDP21%44%
Imports of goods and services, % of GDP22.1%35.9%
Current account balance (balance of payments)-$31B$34.4B
Revenue excluding grants, % of GDP12.2%26.3%
Grants excluding technical cooperation, BoP$696.7M$1.7B
Personal remittances received$11.2B$741.7M
Industry including construction value added, % of GDP39.7%56.1%
Agriculture, forestry and fishing value added, % of GDP12.8%2%
Charges for the use of intellectual property, payments BoP$1.5B$7.8M
Charges for the use of intellectual property, receipts BoP$61.2M$100k
Expense, % of GDP14.3%25.3%
Government Expenditure, % of GDP16.7%36.7%

Compare with countries close by GDP per capita

Indonesia vs

CountryGDP
per capita
Population
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
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
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
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M

Iraq vs

CountryGDP
per capita
Population
Saint Vincent
$7.4k
110k
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
Paraguay
$5.8k
6.81M
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