Kenya vs Saudi Arabia: Economic Indicators Comparison
Saudi Arabia with a GDP of $786.5B ranked the 18th largest economy in the world, while Kenya ranked 66th with $87.9B. By GDP 5-years average growth and GDP per capita, Saudi Arabia and Kenya ranked 124th vs 25th and 41st vs 153rd, respectively.
Gross Domestic Product & Income
Stat | Kenya | Saudi Arabia |
---|---|---|
GDP | $87.9B | $786.5B |
GDP growth, 1 year | 6% | 2.2% |
GDP growth, 5-years average | 5.6% | 2.2% |
Population | 48.5M | 33M |
GDP per capita | $1.7k | $23k |
GDP per capita growth | 3.9% | 0.61% |
Purchasing Power Parity conversion factor | 49.97 | 1.58 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.49 | 0.42 |
GDP per capita, PPP adjusted | $3.7k | $56k |
GNI, Atlas method | $83.1B | $727.8B |
GNI per capita | $1.6k | $22k |
GNI, PPP adjusted | $176.7B | $1.9T |
GNI per capita, PPP adjusted | $3.4k | $56k |
Financial system and Human development
Stat | Kenya | Saudi Arabia |
---|---|---|
Income Tax Rate | 30% | 2.5% |
Corporate Tax Rate | 30% | 2.5% |
Inflation, consumer prices | 4.7% | 2.5% |
Inflation, GDP deflator | 2.8% | 11.5% |
Unemployment | 9.3% | 5.9% |
Economic Freedom Index | 55.3 | 62.4 |
Personal Freedom Index | 6.48 | 4.65 |
Human Freedom Index | 6.61 | 5.66 |
Property Rights Index | 63.2 | 64.6 |
Judical Effectiveness Index | 48.6 | 72.3 |
Business Freedom Index | 55 | 66.6 |
Fiscal Health Index | 13.5 | 19.3 |
Labor Freedom Index | 55.8 | 63.3 |
Investment Freedom Index | 55 | 45 |
Financial Freedom Index | 50 | 50 |
Trade Freedom Index | 60.4 | 75.4 |
Monetary Freedom Index | 75 | 81 |
Government Spending Index | 79.6 | 61.8 |
Tax Burden Index | 78.7 | 99.8 |
Government Integrity Index | 28.2 | 49.6 |
Corruption Perceptions Index | 27 | 49 |
Life expectancy at birth, years | 65.9 | 74.9 |
Suicide mortality rate, per 100,000 people | 3.2 | 3.2 |
Mortality caused by road traffic injury, per 100,000 people | 27.8 | 28.8 |
Intentional homicides, per 100,000 people | 5 | 1.3 |
International tourism, number of arrivals | 1.4M | 15.3M |
Government debt & reserves
Stat | Kenya | Saudi Arabia |
---|---|---|
Central government debt, % of GDP | 57.2% | 19.1% |
External debt stocks, % of GNI | 36.1% | N/A |
External debt stocks | $31.5B | N/A |
Short-term debt, % of total reserves | 31.1% | N/A |
Total debt service, % of exports and primary income | 22.6% | N/A |
Adjusted net savings including particulate emission damage, % of GNI | -2.2% | 13.4% |
Gross savings, % of GDP | 10.5% | 33.2% |
Gross capital formation, % of GDP | 18.4% | 24.2% |
Total reserves including gold | $8.2B | $509.5B |
Foreign direct investment net inflows | $1.6B | $4.2B |
Exports, imports and economic structure
Stat | Kenya | Saudi Arabia |
---|---|---|
Exports of goods and services, % of GDP | 13.2% | 39.9% |
Imports of goods and services, % of GDP | 23% | 26.7% |
Current account balance (balance of payments) | -$5B | $70.6B |
Revenue excluding grants, % of GDP | 22% | 26.8% |
Grants excluding technical cooperation, BoP | $1.5B | $290k |
Personal remittances received | $2.7B | $334.9M |
Industry including construction value added, % of GDP | 16.4% | 49.5% |
Agriculture, forestry and fishing value added, % of GDP | 34.2% | 2.2% |
Charges for the use of intellectual property, payments BoP | $206.8M | N/A |
Charges for the use of intellectual property, receipts BoP | $68.6M | N/A |
Expense, % of GDP | 26.2% | 28% |
Government Expenditure, % of GDP | 26.1% | 35.7% |