Kenya vs Mongolia: Economic Indicators Comparison

Kenya with a GDP of $87.9B ranked the 66th largest economy in the world, while Mongolia ranked 134th with $13.1B. By GDP 5-years average growth and GDP per capita, Kenya and Mongolia ranked 25th vs 39th and 153rd vs 118th, respectively.

Gross Domestic Product & Income

StatKenyaMongolia
GDP$87.9B$13.1B
GDP growth, 1 year6%6.9%
GDP growth, 5-years average5.6%4.7%
Population48.5M3.1M
GDP per capita$1.7k$4.1k
GDP per capita growth3.9%5.32%
Purchasing Power Parity conversion factor49.97738.48
Price level ratio of PPP conversion factor GDP to market exchange rate0.490.3
GDP per capita, PPP adjusted$3.7k$13k
GNI, Atlas method$83.1B$11.6B
GNI per capita$1.6k$3.7k
GNI, PPP adjusted$176.7B$39.6B
GNI per capita, PPP adjusted$3.4k$13k

Financial system and Human development

StatKenyaMongolia
Income Tax Rate30%10%
Corporate Tax Rate30%25%
Inflation, consumer prices4.7%7.7%
Inflation, GDP deflator2.8%8.1%
Unemployment9.3%6.3%
Economic Freedom Index55.355.9
Personal Freedom Index6.487.63
Human Freedom Index6.617.17
Property Rights Index63.250.3
Judical Effectiveness Index48.623
Business Freedom Index5563.6
Fiscal Health Index13.59.3
Labor Freedom Index55.875.7
Investment Freedom Index5550
Financial Freedom Index5060
Trade Freedom Index60.474
Monetary Freedom Index7574.2
Government Spending Index79.666.6
Tax Burden Index78.787.4
Government Integrity Index28.236.9
Corruption Perceptions Index2737
Life expectancy at birth, years65.969.5
Suicide mortality rate, per 100,000 people3.213
Mortality caused by road traffic injury, per 100,000 people27.816.5
Intentional homicides, per 100,000 people56.2
International tourism, number of arrivals1.4M529k

Government debt & reserves

StatKenyaMongolia
Central government debt, % of GDP57.2%73.3%
External debt stocks, % of GNI36.1%253.9%
External debt stocks$31.5B$29.4B
Short-term debt, % of total reserves31.1%87.3%
Total debt service, % of exports and primary income22.6%101.6%
Adjusted net savings including particulate emission damage, % of GNI-2.2%-10.3%
Gross savings, % of GDP10.5%30.3%
Gross capital formation, % of GDP18.4%43.1%
Total reserves including gold$8.2B$3.5B
Foreign direct investment net inflows$1.6B$2B

Exports, imports and economic structure

StatKenyaMongolia
Exports of goods and services, % of GDP13.2%58.7%
Imports of goods and services, % of GDP23%64.2%
Current account balance (balance of payments)-$5B-$1.9B
Revenue excluding grants, % of GDP22%24.9%
Grants excluding technical cooperation, BoP$1.5B$115.6M
Personal remittances received$2.7B$440.6M
Industry including construction value added, % of GDP16.4%38.7%
Agriculture, forestry and fishing value added, % of GDP34.2%10.8%
Charges for the use of intellectual property, payments BoP$206.8M$16.1M
Charges for the use of intellectual property, receipts BoP$68.6M$1.4M
Expense, % of GDP26.2%23.8%
Government Expenditure, % of GDP26.1%33.4%

Compare with countries close by GDP per capita

Kenya vs

CountryGDP
per capita
Population
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
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M

Mongolia vs

CountryGDP
per capita
Population
Iraq
$5.8k
38.3M
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
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
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