Kiribati vs Venezuela: Economic Indicators Comparison

Venezuela with a GDP of $482.4B ranked the 27th largest economy in the world, while Kiribati ranked 194th with $188.3M. By GDP 5-years average growth and GDP per capita, Venezuela and Kiribati ranked 181st vs 68th and 58th vs 156th, respectively.

Gross Domestic Product & Income

StatKiribatiVenezuela
GDP$188.3M$482.4B
GDP growth, 1 year2.3%-18%
GDP growth, 5-years average3.5%-12.2%
Population116k28.5M
GDP per capita$1.6k$16k
GDP per capita growth0.51%-18.17%
Purchasing Power Parity conversion factor0.955.57
Price level ratio of PPP conversion factor GDP to market exchange rate0.710.89
GDP per capita, PPP adjusted$2.1k$8.8k
GNI, Atlas method$363.8M$392.9B
GNI per capita$3.1k$13k
GNI, PPP adjusted$511.5M$352.8B
GNI per capita, PPP adjusted$4.4k$12k

Financial system and Human development

StatKiribatiVenezuela
Income Tax Rate35%34%
Corporate Tax Rate35%34%
Inflation, consumer prices1.9%929789.5%
Inflation, GDP deflator2%748.1%
Unemployment30.6%8.4%
Economic Freedom Index45.225.2
Personal Freedom Index4.86.33
Human Freedom Index4.25.27
Property Rights Index47.510.1
Judical Effectiveness Index34.212.6
Business Freedom Index40.630.8
Fiscal Health Index990
Labor Freedom Index62.927.7
Investment Freedom Index250
Financial Freedom Index3010
Trade Freedom Index23.858
Monetary Freedom Index82.20
Government Spending Index066.3
Tax Burden Index72.472.8
Government Integrity Index24.314.6
Corruption Perceptions Index4018
Life expectancy at birth, years67.972.2
Suicide mortality rate, per 100,000 people14.43.7
Mortality caused by road traffic injury, per 100,000 people4.433.7
Intentional homicides, per 100,000 people7.556.3
International tourism, number of arrivals7.1k427k

Government debt & reserves

StatKiribatiVenezuela
Central government debt, % of GDP21.9%175.6%
External debt stocks, % of GNIN/A33.9%
External debt stocksN/A$154.9B
Short-term debt, % of total reservesN/A421.1%
Total debt service, % of exports and primary incomeN/A69%
Adjusted net savings including particulate emission damage, % of GNIN/A7.2%
Gross savings, % of GDP96%8.9%
Gross capital formation, % of GDP40%-3.7%
Total reserves including goldN/A$9.8B
Foreign direct investment net inflows$591k$956M

Exports, imports and economic structure

StatKiribatiVenezuela
Exports of goods and services, % of GDP13.2%30.7%
Imports of goods and services, % of GDP92%36.4%
Current account balance (balance of payments)$70.5M-$3.9B
Revenue excluding grants, % of GDP100.5%N/A
Grants excluding technical cooperation, BoP$50.7M$125.8M
Personal remittances received$18M$297.1M
Industry including construction value added, % of GDP12.4%37.2%
Agriculture, forestry and fishing value added, % of GDP30.8%5%
Charges for the use of intellectual property, payments BoPN/A$258M
Charges for the use of intellectual property, receipts BoP$13.4MN/A
Expense, % of GDP77.4%N/A
Government Expenditure, % of GDP125.7%33.5%

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

Venezuela vs

CountryGDP
per capita
Population
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M