Kiribati vs Thailand: Economic Indicators Comparison

Thailand with a GDP of $505B ranked the 26th largest economy in the world, while Kiribati ranked 194th with $188.3M. By GDP 5-years average growth and GDP per capita, Thailand and Kiribati ranked 86th vs 68th and 89th vs 156th, respectively.

Gross Domestic Product & Income

StatKiribatiThailand
GDP$188.3M$505B
GDP growth, 1 year2.3%4.1%
GDP growth, 5-years average3.5%3.1%
Population116k65.9M
GDP per capita$1.6k$7.3k
GDP per capita growth0.51%3.8%
Purchasing Power Parity conversion factor0.9512.34
Price level ratio of PPP conversion factor GDP to market exchange rate0.710.38
GDP per capita, PPP adjusted$2.1k$19k
GNI, Atlas method$363.8M$458.7B
GNI per capita$3.1k$6.6k
GNI, PPP adjusted$511.5M$1.3T
GNI per capita, PPP adjusted$4.4k$18k

Financial system and Human development

StatKiribatiThailand
Income Tax Rate35%35%
Corporate Tax Rate35%20%
Inflation, consumer prices1.9%1.1%
Inflation, GDP deflator2%1.4%
Unemployment30.6%0.7%
Economic Freedom Index45.269.4
Personal Freedom Index4.87.42
Human Freedom Index4.27.11
Property Rights Index47.559.5
Judical Effectiveness Index34.248
Business Freedom Index40.683
Fiscal Health Index9996.4
Labor Freedom Index62.963.7
Investment Freedom Index2555
Financial Freedom Index3060
Trade Freedom Index23.883
Monetary Freedom Index82.274
Government Spending Index085.9
Tax Burden Index72.480.7
Government Integrity Index24.343.4
Corruption Perceptions Index4036
Life expectancy at birth, years67.976.7
Suicide mortality rate, per 100,000 people14.414.4
Mortality caused by road traffic injury, per 100,000 people4.432.7
Intentional homicides, per 100,000 people7.53.2
International tourism, number of arrivals7.1k38.2M

Government debt & reserves

StatKiribatiThailand
Central government debt, % of GDP21.9%42.1%
External debt stocks, % of GNIN/A35.1%
External debt stocksN/A$169.2B
Short-term debt, % of total reservesN/A29.3%
Total debt service, % of exports and primary incomeN/A5.4%
Adjusted net savings including particulate emission damage, % of GNIN/A14%
Gross savings, % of GDP96%32.2%
Gross capital formation, % of GDP40%25%
Total reserves including goldN/A$205.6B
Foreign direct investment net inflows$591k$13.4B

Exports, imports and economic structure

StatKiribatiThailand
Exports of goods and services, % of GDP13.2%66.8%
Imports of goods and services, % of GDP92%56.5%
Current account balance (balance of payments)$70.5M$32.4B
Revenue excluding grants, % of GDP100.5%19.5%
Grants excluding technical cooperation, BoP$50.7M$90.4M
Personal remittances received$18M$7.5B
Industry including construction value added, % of GDP12.4%35%
Agriculture, forestry and fishing value added, % of GDP30.8%8.1%
Charges for the use of intellectual property, payments BoPN/A$5.3B
Charges for the use of intellectual property, receipts BoP$13.4M$163M
Expense, % of GDP77.4%18.5%
Government Expenditure, % of GDP125.7%21.7%

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

Thailand vs

CountryGDP
per capita
Population
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
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
Paraguay
$5.8k
6.81M