Skip to content

Kenya vs Singapore: Economic Indicators Comparison

Singapore with a GDP of $364.2B ranked the 36th largest economy in the world, while Kenya ranked 66th with $87.9B. By GDP 5-years average growth and GDP per capita, Singapore and Kenya ranked 76th vs 25th and 10th vs 153rd, respectively.

Gross Domestic Product & Income

StatKenyaSingapore
GDP$87.9B$364.2B
GDP growth, 1 year6%3.2%
GDP growth, 5-years average5.6%3.3%
Population48.5M5.9M
GDP per capita$1.7k$65k
GDP per capita growth3.9%2.66%
Purchasing Power Parity conversion factor49.970.86
Price level ratio of PPP conversion factor GDP to market exchange rate0.490.64
GDP per capita, PPP adjusted$3.7k$100k
GNI, Atlas method$83.1B$331.4B
GNI per capita$1.6k$59k
GNI, PPP adjusted$176.7B$533.8B
GNI per capita, PPP adjusted$3.4k$95k

Financial system and Human development

StatKenyaSingapore
Income Tax Rate30%22%
Corporate Tax Rate30%17%
Inflation, consumer prices4.7%0.4%
Inflation, GDP deflator2.8%1.9%
Unemployment9.3%3.8%
Economic Freedom Index55.389.4
Personal Freedom Index6.487.44
Human Freedom Index6.618.1
Property Rights Index63.296.8
Judical Effectiveness Index48.692.9
Business Freedom Index5592.8
Fiscal Health Index13.580
Labor Freedom Index55.890.9
Investment Freedom Index5585
Financial Freedom Index5080
Trade Freedom Index60.494.8
Monetary Freedom Index7585.6
Government Spending Index79.691.1
Tax Burden Index78.790.3
Government Integrity Index28.292.4
Corruption Perceptions Index2785
Life expectancy at birth, years65.982.9
Suicide mortality rate, per 100,000 people3.29.9
Mortality caused by road traffic injury, per 100,000 people27.82.8
Intentional homicides, per 100,000 people50.2
International tourism, number of arrivals1.4M14.7M

Government debt & reserves

StatKenyaSingapore
Central government debt, % of GDP57.2%108.3%
External debt stocks, % of GNI36.1%N/A
External debt stocks$31.5BN/A
Short-term debt, % of total reserves31.1%N/A
Total debt service, % of exports and primary income22.6%N/A
Adjusted net savings including particulate emission damage, % of GNI-2.2%36.8%
Gross savings, % of GDP10.5%45.8%
Gross capital formation, % of GDP18.4%26.6%
Total reserves including gold$8.2B$292.7B
Foreign direct investment net inflows$1.6B$82B

Exports, imports and economic structure

StatKenyaSingapore
Exports of goods and services, % of GDP13.2%176.4%
Imports of goods and services, % of GDP23%149.8%
Current account balance (balance of payments)-$5B$65.1B
Revenue excluding grants, % of GDP22%18.8%
Grants excluding technical cooperation, BoP$1.5B$1.6M
Personal remittances received$2.7BN/A
Industry including construction value added, % of GDP16.4%25.2%
Agriculture, forestry and fishing value added, % of GDP34.2%0%
Charges for the use of intellectual property, payments BoP$206.8M$15.2B
Charges for the use of intellectual property, receipts BoP$68.6M$8.7B
Expense, % of GDP26.2%15.2%
Government Expenditure, % of GDP26.1%17.2%

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
6.77M
Honduras
$2.5k
8.1M
Ghana
$2.2k
28.3M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
14.1M
Solomon Islands
$2.1k
561k
East Timor
$2k
1.18M
Syria
$2k
19.8M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.35B
Sao Tome and Principe
$2k
193k
Ivory Coast
$1.7k
20.3M
North Korea
$1.7k
24.9M
Bangladesh
$1.7k
157M
Kiribati
$1.6k
102k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
14.1M
Cambodia
$1.5k
15.1M
Pakistan
$1.5k
197M
Comoros
$1.4k
735k
Myanmar
$1.3k
53.3M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
3.54M
South Sudan
$1.1k
12.6M

Singapore vs

CountryGDP
per capita
Population
Monaco
$186k
37.8k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
614k
Switzerland
$83k
8.21M
Norway
$82k
5.33M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.17M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
23.4M
Sweden
$55k
10.3M
Netherlands
$53k
17.2M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k