Laos vs Zimbabwe: Economic Indicators Comparison

Zimbabwe with a GDP of $31B ranked the 101st largest economy in the world, while Laos ranked 118th with $18B. By GDP 5-years average growth and GDP per capita, Zimbabwe and Laos ranked 112th vs 11th and 144th vs 140th, respectively.

Gross Domestic Product & Income

StatLaosZimbabwe
GDP$18B$31B
GDP growth, 1 year6.5%3.4%
GDP growth, 5-years average7%2.6%
Population6.9M16.5M
GDP per capita$2.5k$2.1k
GDP per capita growth4.62%4.67%
Purchasing Power Parity conversion factor2901.20.71
Price level ratio of PPP conversion factor GDP to market exchange rate0.340.71
GDP per capita, PPP adjusted$7.9k$2.8k
GNI, Atlas method$17.3B$25.8B
GNI per capita$2.5k$1.8k
GNI, PPP adjusted$50.1B$43.6B
GNI per capita, PPP adjusted$7.1k$3k

Financial system and Human development

StatLaosZimbabwe
Income Tax Rate24%51.5%
Corporate Tax Rate24%25%
Inflation, consumer prices2%10.6%
Inflation, GDP deflator1.9%28%
Unemployment0.6%4.9%
Economic Freedom Index55.543.1
Personal Freedom Index5.85.45
Human Freedom Index6.24.96
Property Rights Index42.533.7
Judical Effectiveness Index37.328.3
Business Freedom Index54.339.1
Fiscal Health Index53.336.2
Labor Freedom Index58.643.1
Investment Freedom Index3525
Financial Freedom Index2010
Trade Freedom Index8270
Monetary Freedom Index76.862.8
Government Spending Index86.688
Tax Burden Index8762.3
Government Integrity Index3218.9
Corruption Perceptions Index2922
Life expectancy at birth, years67.360.8
Suicide mortality rate, per 100,000 people8.610.7
Mortality caused by road traffic injury, per 100,000 people16.634.7
Intentional homicides, per 100,000 people76.7
International tourism, number of arrivals3.8M2.6M

Government debt & reserves

StatLaosZimbabwe
Central government debt, % of GDP63%29.8%
External debt stocks, % of GNI90.2%39.8%
External debt stocks$15.6B$12.3B
Short-term debt, % of total reserves41.2%3880.6%
Total debt service, % of exports and primary income14.6%11.7%
Adjusted net savings including particulate emission damage, % of GNI-1.2%-22.2%
Gross savings, % of GDP17.6%-3.4%
Gross capital formation, % of GDP29%12.6%
Total reserves including gold$980.4M$87M
Foreign direct investment net inflows$1.3B$744.6M

Exports, imports and economic structure

StatLaosZimbabwe
Exports of goods and services, % of GDP33.2%22.9%
Imports of goods and services, % of GDP41.9%25.5%
Current account balance (balance of payments)-$1.4B-$307.8M
Revenue excluding grants, % of GDPN/A16.9%
Grants excluding technical cooperation, BoP$337.3M$737.1M
Personal remittances received$238.7M$1.9B
Industry including construction value added, % of GDP31.5%32.5%
Agriculture, forestry and fishing value added, % of GDP15.7%12.1%
Charges for the use of intellectual property, payments BoPN/A$4.3M
Charges for the use of intellectual property, receipts BoPN/A$2.4M
Expense, % of GDPN/A26.6%
Government Expenditure, % of GDP21.1%20%

Compare with countries close by GDP per capita

Laos vs

CountryGDP
per capita
Population
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
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
Kiribati
$1.6k
116k

Zimbabwe vs

CountryGDP
per capita
Population
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
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
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M