Kenya vs Paraguay: Economic Indicators Comparison

Kenya with a GDP of $87.9B ranked the 66th largest economy in the world, while Paraguay ranked 94th with $40.5B. By GDP 5-years average growth and GDP per capita, Kenya and Paraguay ranked 25th vs 50th and 153rd vs 104th, respectively.

Gross Domestic Product & Income

StatKenyaParaguay
GDP$87.9B$40.5B
GDP growth, 1 year6%3.7%
GDP growth, 5-years average5.6%4.2%
Population48.5M6.8M
GDP per capita$1.7k$5.8k
GDP per capita growth3.9%2.35%
Purchasing Power Parity conversion factor49.972453.78
Price level ratio of PPP conversion factor GDP to market exchange rate0.490.43
GDP per capita, PPP adjusted$3.7k$13k
GNI, Atlas method$83.1B$39.4B
GNI per capita$1.6k$5.7k
GNI, PPP adjusted$176.7B$91.9B
GNI per capita, PPP adjusted$3.4k$13k

Financial system and Human development

StatKenyaParaguay
Income Tax Rate30%10%
Corporate Tax Rate30%10%
Inflation, consumer prices4.7%4%
Inflation, GDP deflator2.8%2.1%
Unemployment9.3%4.7%
Economic Freedom Index55.363
Personal Freedom Index6.487.3
Human Freedom Index6.617.02
Property Rights Index63.244.7
Judical Effectiveness Index48.626.4
Business Freedom Index5560.9
Fiscal Health Index13.598
Labor Freedom Index55.829
Investment Freedom Index5575
Financial Freedom Index5060
Trade Freedom Index60.475.4
Monetary Freedom Index7572.5
Government Spending Index79.688.6
Tax Burden Index78.796.1
Government Integrity Index28.229.6
Corruption Perceptions Index2729
Life expectancy at birth, years65.974
Suicide mortality rate, per 100,000 people3.29.5
Mortality caused by road traffic injury, per 100,000 people27.822.7
Intentional homicides, per 100,000 people59.3
International tourism, number of arrivals1.4M1.2M

Government debt & reserves

StatKenyaParaguay
Central government debt, % of GDP57.2%21.6%
External debt stocks, % of GNI36.1%39.9%
External debt stocks$31.5B$15.8B
Short-term debt, % of total reserves31.1%60%
Total debt service, % of exports and primary income22.6%15.7%
Adjusted net savings including particulate emission damage, % of GNI-2.2%14.5%
Gross savings, % of GDP10.5%23.2%
Gross capital formation, % of GDP18.4%22.4%
Total reserves including gold$8.2B$7.7B
Foreign direct investment net inflows$1.6B$386.9M

Exports, imports and economic structure

StatKenyaParaguay
Exports of goods and services, % of GDP13.2%36%
Imports of goods and services, % of GDP23%34.4%
Current account balance (balance of payments)-$5B$8.6M
Revenue excluding grants, % of GDP22%17.4%
Grants excluding technical cooperation, BoP$1.5B$64.1M
Personal remittances received$2.7B$682.9M
Industry including construction value added, % of GDP16.4%33.9%
Agriculture, forestry and fishing value added, % of GDP34.2%10.4%
Charges for the use of intellectual property, payments BoP$206.8M$18.5M
Charges for the use of intellectual property, receipts BoP$68.6M$114.1M
Expense, % of GDP26.2%15.6%
Government Expenditure, % of GDP26.1%19.5%

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

Paraguay vs

CountryGDP
per capita
Population
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
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
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M