Indonesia vs Italy: Economic Indicators Comparison

Italy with a GDP of $2.1T ranked the 8th largest economy in the world, while Indonesia ranked 16th with $1T. By GDP 5-years average growth and GDP per capita, Italy and Indonesia ranked 154th vs 31st and 29th vs 122nd, respectively.

Gross Domestic Product & Income

StatIndonesiaItaly
GDP$1T$2.1T
GDP growth, 1 year5.2%0.9%
GDP growth, 5-years average5%0.9%
Population264M60.3M
GDP per capita$3.9k$34k
GDP per capita growth3.99%0.95%
Purchasing Power Parity conversion factor4238.110.7
Price level ratio of PPP conversion factor GDP to market exchange rate0.30.82
GDP per capita, PPP adjusted$13k$40k
GNI, Atlas method$1T$2T
GNI per capita$3.8k$34k
GNI, PPP adjusted$3.4T$2.6T
GNI per capita, PPP adjusted$13k$42k

Financial system and Human development

StatIndonesiaItaly
Income Tax Rate30%43%
Corporate Tax Rate25%27.5%
Inflation, consumer prices3.2%1.2%
Inflation, GDP deflator3.8%0.9%
Unemployment4.3%10.2%
Economic Freedom Index67.263.8
Personal Freedom Index7.18.79
Human Freedom Index6.818.01
Property Rights Index59.875.4
Judical Effectiveness Index56.251.3
Business Freedom Index7070.4
Fiscal Health Index90.271.1
Labor Freedom Index49.250.9
Investment Freedom Index5080
Financial Freedom Index6050
Trade Freedom Index80.886.4
Monetary Freedom Index78.483.2
Government Spending Index91.728.5
Tax Burden Index83.456
Government Integrity Index37.262.2
Corruption Perceptions Index3852
Life expectancy at birth, years71.383.2
Suicide mortality rate, per 100,000 people3.48.2
Mortality caused by road traffic injury, per 100,000 people12.25.6
Intentional homicides, per 100,000 people0.40.7
International tourism, number of arrivals15.8M61.6M

Government debt & reserves

StatIndonesiaItaly
Central government debt, % of GDP29.2%132.1%
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%6%
Gross savings, % of GDP31.6%20.8%
Gross capital formation, % of GDP34.6%18.2%
Total reserves including gold$120.7B$152.4B
Foreign direct investment net inflows$19.7B$39.6B

Exports, imports and economic structure

StatIndonesiaItaly
Exports of goods and services, % of GDP21%31.5%
Imports of goods and services, % of GDP22.1%29%
Current account balance (balance of payments)-$31B$53.8B
Revenue excluding grants, % of GDP12.2%37.7%
Grants excluding technical cooperation, BoP$696.7MN/A
Personal remittances received$11.2B$9.9B
Industry including construction value added, % of GDP39.7%21.4%
Agriculture, forestry and fishing value added, % of GDP12.8%1.9%
Charges for the use of intellectual property, payments BoP$1.5B$5.1B
Charges for the use of intellectual property, receipts BoP$61.2M$4.9B
Expense, % of GDP14.3%41.3%
Government Expenditure, % of GDP16.7%48.8%

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

Italy vs

CountryGDP
per capita
Population
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
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
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k