Israel vs Slovakia: Economic Indicators Comparison

Israel with a GDP of $370.6B ranked the 34th largest economy in the world, while Slovakia ranked 62nd with $105.9B. By GDP 5-years average growth and GDP per capita, Israel and Slovakia ranked 73rd vs 65th and 26th vs 47th, respectively.

Gross Domestic Product & Income

StatIsraelSlovakia
GDP$370.6B$105.9B
GDP growth, 1 year3.3%4.1%
GDP growth, 5-years average3.4%3.5%
Population9.1M5.4M
GDP per capita$42k$19k
GDP per capita growth1.47%3.89%
Purchasing Power Parity conversion factor3.750.49
Price level ratio of PPP conversion factor GDP to market exchange rate1.040.58
GDP per capita, PPP adjusted$38k$35k
GNI, Atlas method$363.6B$99.5B
GNI per capita$41k$18k
GNI, PPP adjusted$354.8B$180.1B
GNI per capita, PPP adjusted$40k$33k

Financial system and Human development

StatIsraelSlovakia
Income Tax Rate48%25%
Corporate Tax Rate23%21%
Inflation, consumer prices0.8%2.5%
Inflation, GDP deflator1.2%2%
Unemployment4%6.8%
Economic Freedom Index7466.8
Personal Freedom Index7.648.87
Human Freedom Index7.418.29
Property Rights Index82.373.1
Judical Effectiveness Index71.841.7
Business Freedom Index72.255.3
Fiscal Health Index89.292.6
Labor Freedom Index64.452.6
Investment Freedom Index7575
Financial Freedom Index7070
Trade Freedom Index86.286.4
Monetary Freedom Index84.975.9
Government Spending Index53.550.2
Tax Burden Index6178.5
Government Integrity Index77.249.7
Corruption Perceptions Index6150
Life expectancy at birth, years82.677.2
Suicide mortality rate, per 100,000 people5.412.8
Mortality caused by road traffic injury, per 100,000 people4.26.1
Intentional homicides, per 100,000 people1.41.5
International tourism, number of arrivals4.1M2.3M

Government debt & reserves

StatIsraelSlovakia
Central government debt, % of GDP59.6%48.8%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNI15.6%5.6%
Gross savings, % of GDP24.4%22.1%
Gross capital formation, % of GDP21.8%23.4%
Total reserves including gold$115.3B$5.2B
Foreign direct investment net inflows$20.8B$2.6B

Exports, imports and economic structure

StatIsraelSlovakia
Exports of goods and services, % of GDP29.4%96.1%
Imports of goods and services, % of GDP29%94.1%
Current account balance (balance of payments)$9.3B-$2.8B
Revenue excluding grants, % of GDP31.8%37.7%
Grants excluding technical cooperation, BoP$533.6M$183.9M
Personal remittances received$939.6M$2.1B
Industry including construction value added, % of GDP19.4%30.1%
Agriculture, forestry and fishing value added, % of GDP1.1%2.4%
Charges for the use of intellectual property, payments BoP$1.4B$749.1M
Charges for the use of intellectual property, receipts BoP$1.3B$55.5M
Expense, % of GDP37%39%
Government Expenditure, % of GDP39.4%40.8%

Compare with countries close by GDP per capita

Israel vs

CountryGDP
per capita
Population
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
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
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
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M

Slovakia vs

CountryGDP
per capita
Population
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
Greece
$20k
10.8M
Curacao
$20k
160k
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
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M