Indonesia vs the Philippines: Economic Indicators Comparison

Indonesia with a GDP of $1T ranked the 16th largest economy in the world, while the Philippines ranked 40th with $330.9B. By GDP 5-years average growth and GDP per capita, Indonesia and the Philippines ranked 31st vs 21st and 122nd vs 134th, respectively.

Gross Domestic Product & Income

StatIndonesiaPhilippines
GDP$1T$330.9B
GDP growth, 1 year5.2%6.2%
GDP growth, 5-years average5%6.4%
Population264M104.9M
GDP per capita$3.9k$3.1k
GDP per capita growth3.99%4.77%
Purchasing Power Parity conversion factor4238.1118.25
Price level ratio of PPP conversion factor GDP to market exchange rate0.30.35
GDP per capita, PPP adjusted$13k$8.9k
GNI, Atlas method$1T$408.8B
GNI per capita$3.8k$3.8k
GNI, PPP adjusted$3.4T$1.1T
GNI per capita, PPP adjusted$13k$11k

Financial system and Human development

StatIndonesiaPhilippines
Income Tax Rate30%35%
Corporate Tax Rate25%30%
Inflation, consumer prices3.2%5.2%
Inflation, GDP deflator3.8%3.8%
Unemployment4.3%2.5%
Economic Freedom Index67.264.5
Personal Freedom Index7.17.06
Human Freedom Index6.816.92
Property Rights Index59.854.6
Judical Effectiveness Index56.234.2
Business Freedom Index7059.5
Fiscal Health Index90.296.3
Labor Freedom Index49.257.4
Investment Freedom Index5060
Financial Freedom Index6060
Trade Freedom Index80.881.6
Monetary Freedom Index78.466.9
Government Spending Index91.787.9
Tax Burden Index83.476.7
Government Integrity Index37.238.7
Corruption Perceptions Index3836
Life expectancy at birth, years71.371
Suicide mortality rate, per 100,000 people3.43.2
Mortality caused by road traffic injury, per 100,000 people12.212.3
Intentional homicides, per 100,000 people0.48.4
International tourism, number of arrivals15.8M7.2M

Government debt & reserves

StatIndonesiaPhilippines
Central government debt, % of GDP29.2%39.6%
External debt stocks, % of GNI37.6%19.9%
External debt stocks$379.7B$78.8B
Short-term debt, % of total reserves39.7%20.3%
Total debt service, % of exports and primary income26%8.7%
Adjusted net savings including particulate emission damage, % of GNI12%28.5%
Gross savings, % of GDP31.6%42.4%
Gross capital formation, % of GDP34.6%26.9%
Total reserves including gold$120.7B$79.2B
Foreign direct investment net inflows$19.7B$9.8B

Exports, imports and economic structure

StatIndonesiaPhilippines
Exports of goods and services, % of GDP21%31.7%
Imports of goods and services, % of GDP22.1%44.4%
Current account balance (balance of payments)-$31B-$8.7B
Revenue excluding grants, % of GDP12.2%16.3%
Grants excluding technical cooperation, BoP$696.7M$436.5M
Personal remittances received$11.2B$33.8B
Industry including construction value added, % of GDP39.7%30.7%
Agriculture, forestry and fishing value added, % of GDP12.8%9.3%
Charges for the use of intellectual property, payments BoP$1.5B$917M
Charges for the use of intellectual property, receipts BoP$61.2M$44.1M
Expense, % of GDP14.3%14.9%
Government Expenditure, % of GDP16.7%20.1%

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
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M

Philippines vs

CountryGDP
per capita
Population
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
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
India
$2k
1.33B