Kiribati vs Paraguay: Economic Indicators Comparison

Paraguay with a GDP of $40.5B ranked the 94th largest economy in the world, while Kiribati ranked 194th with $188.3M. By GDP 5-years average growth and GDP per capita, Paraguay and Kiribati ranked 50th vs 68th and 104th vs 156th, respectively.

Gross Domestic Product & Income

StatKiribatiParaguay
GDP$188.3M$40.5B
GDP growth, 1 year2.3%3.7%
GDP growth, 5-years average3.5%4.2%
Population116k6.8M
GDP per capita$1.6k$5.8k
GDP per capita growth0.51%2.35%
Purchasing Power Parity conversion factor0.952453.78
Price level ratio of PPP conversion factor GDP to market exchange rate0.710.43
GDP per capita, PPP adjusted$2.1k$13k
GNI, Atlas method$363.8M$39.4B
GNI per capita$3.1k$5.7k
GNI, PPP adjusted$511.5M$91.9B
GNI per capita, PPP adjusted$4.4k$13k

Financial system and Human development

StatKiribatiParaguay
Income Tax Rate35%10%
Corporate Tax Rate35%10%
Inflation, consumer prices1.9%4%
Inflation, GDP deflator2%2.1%
Unemployment30.6%4.7%
Economic Freedom Index45.263
Personal Freedom Index4.87.3
Human Freedom Index4.27.02
Property Rights Index47.544.7
Judical Effectiveness Index34.226.4
Business Freedom Index40.660.9
Fiscal Health Index9998
Labor Freedom Index62.929
Investment Freedom Index2575
Financial Freedom Index3060
Trade Freedom Index23.875.4
Monetary Freedom Index82.272.5
Government Spending Index088.6
Tax Burden Index72.496.1
Government Integrity Index24.329.6
Corruption Perceptions Index4029
Life expectancy at birth, years67.974
Suicide mortality rate, per 100,000 people14.49.5
Mortality caused by road traffic injury, per 100,000 people4.422.7
Intentional homicides, per 100,000 people7.59.3
International tourism, number of arrivals7.1k1.2M

Government debt & reserves

StatKiribatiParaguay
Central government debt, % of GDP21.9%21.6%
External debt stocks, % of GNIN/A39.9%
External debt stocksN/A$15.8B
Short-term debt, % of total reservesN/A60%
Total debt service, % of exports and primary incomeN/A15.7%
Adjusted net savings including particulate emission damage, % of GNIN/A14.5%
Gross savings, % of GDP96%23.2%
Gross capital formation, % of GDP40%22.4%
Total reserves including goldN/A$7.7B
Foreign direct investment net inflows$591k$386.9M

Exports, imports and economic structure

StatKiribatiParaguay
Exports of goods and services, % of GDP13.2%36%
Imports of goods and services, % of GDP92%34.4%
Current account balance (balance of payments)$70.5M$8.6M
Revenue excluding grants, % of GDP100.5%17.4%
Grants excluding technical cooperation, BoP$50.7M$64.1M
Personal remittances received$18M$682.9M
Industry including construction value added, % of GDP12.4%33.9%
Agriculture, forestry and fishing value added, % of GDP30.8%10.4%
Charges for the use of intellectual property, payments BoPN/A$18.5M
Charges for the use of intellectual property, receipts BoP$13.4M$114.1M
Expense, % of GDP77.4%15.6%
Government Expenditure, % of GDP125.7%19.5%

Compare with countries close by GDP per capita

Kiribati vs

CountryGDP
per capita
Population
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
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
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
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M

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