Skip to content

Italy vs Niger: Economic Indicators Comparison

Italy with a GDP of $2.1T ranked the 8th largest economy in the world, while Niger ranked 146th with $9.3B. By GDP 5-years average growth and GDP per capita, Italy and Niger ranked 154th vs 26th and 29th vs 194th, respectively.

Gross Domestic Product & Income

StatItalyNiger
GDP$2.1T$9.3B
GDP growth, 1 year0.9%5.2%
GDP growth, 5-years average0.9%5.4%
Population60.3M21.5M
GDP per capita$34k$414
GDP per capita growth0.95%2.5%
Purchasing Power Parity conversion factor0.7216.34
Price level ratio of PPP conversion factor GDP to market exchange rate0.820.39
GDP per capita, PPP adjusted$40k$1.2k
GNI, Atlas method$2T$8.7B
GNI per capita$34k$390
GNI, PPP adjusted$2.6T$23.3B
GNI per capita, PPP adjusted$42k$1k

Financial system and Human development

StatItalyNiger
Income Tax Rate43%35%
Corporate Tax Rate27.5%30%
Inflation, consumer prices1.2%3%
Inflation, GDP deflator0.9%2.6%
Unemployment10.2%0.3%
Economic Freedom Index63.854.7
Personal Freedom Index8.796.67
Human Freedom Index8.016
Property Rights Index75.445.6
Judical Effectiveness Index51.342.6
Business Freedom Index70.455.4
Fiscal Health Index71.144.7
Labor Freedom Index50.947.9
Investment Freedom Index8055
Financial Freedom Index5040
Trade Freedom Index86.461.2
Monetary Freedom Index83.274.8
Government Spending Index28.579
Tax Burden Index5676.7
Government Integrity Index62.233.4
Corruption Perceptions Index5234
Life expectancy at birth, years83.261.6
Suicide mortality rate, per 100,000 people8.24.6
Mortality caused by road traffic injury, per 100,000 people5.626.2
Intentional homicides, per 100,000 people0.74.4
International tourism, number of arrivals61.6M157k

Government debt & reserves

StatItalyNiger
Central government debt, % of GDP132.1%55.1%
External debt stocks, % of GNIN/A36.1%
External debt stocksN/A$3.3B
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/A8.5%
Adjusted net savings including particulate emission damage, % of GNI6%5%
Gross savings, % of GDP20.8%20.2%
Gross capital formation, % of GDP18.2%37.1%
Total reserves including gold$152.4BN/A
Foreign direct investment net inflows$39.6B$2B

Exports, imports and economic structure

StatItalyNiger
Exports of goods and services, % of GDP31.5%15.7%
Imports of goods and services, % of GDP29%33%
Current account balance (balance of payments)$53.8B-$1.3B
Revenue excluding grants, % of GDP37.7%14.6%
Grants excluding technical cooperation, BoPN/A$881.8M
Personal remittances received$9.9B$296.7M
Industry including construction value added, % of GDP21.4%15.5%
Agriculture, forestry and fishing value added, % of GDP1.9%39.2%
Charges for the use of intellectual property, payments BoP$5.1B$2M
Charges for the use of intellectual property, receipts BoP$4.9B$6.2k
Expense, % of GDP41.3%10.2%
Government Expenditure, % of GDP48.8%26.5%

Compare with countries close by GDP per capita

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

Niger vs

CountryGDP
per capita
Population
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
Haiti
$868
11M
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
Mozambique
$499
29.7M
Central African Republic
$476
4.66M
Malawi
$389
18.6M
Somalia
$315
11M
Burundi
$272
10.9M