Lesotho vs Papua New Guinea: Economic Indicators Comparison

Papua New Guinea with a GDP of $23.5B ranked the 114th largest economy in the world, while Lesotho ranked 169th with $2.7B. By GDP 5-years average growth and GDP per capita, Papua New Guinea and Lesotho ranked 32nd vs 143rd and 137th vs 165th, respectively.

Gross Domestic Product & Income

StatLesothoPapua New Guinea
GDP$2.7B$23.5B
GDP growth, 1 year1.5%0%
GDP growth, 5-years average1.7%5%
Population2.2M8.3M
GDP per capita$1.3k$2.7k
GDP per capita growth0.33%-2.76%
Purchasing Power Parity conversion factor5.352.06
Price level ratio of PPP conversion factor GDP to market exchange rate0.40.63
GDP per capita, PPP adjusted$3.4k$3.7k
GNI, Atlas method$2.9B$22.1B
GNI per capita$1.4k$2.6k
GNI, PPP adjusted$7.8B$36.3B
GNI per capita, PPP adjusted$3.7k$4.2k

Financial system and Human development

StatLesothoPapua New Guinea
Income Tax Rate35%42%
Corporate Tax Rate25%30%
Inflation, consumer prices5.2%4.7%
Inflation, GDP deflator4.4%7.1%
Unemployment23.6%2.4%
Economic Freedom Index54.558.4
Personal Freedom Index6.127.24
Human Freedom Index6.166.99
Property Rights Index45.254.9
Judical Effectiveness Index4748.4
Business Freedom Index52.858.4
Fiscal Health Index60.376.4
Labor Freedom Index58.869.6
Investment Freedom Index5525
Financial Freedom Index4030
Trade Freedom Index82.279.8
Monetary Freedom Index75.770.7
Government Spending Index34.486.4
Tax Burden Index7371.5
Government Integrity Index29.629.7
Corruption Perceptions Index4128
Life expectancy at birth, years52.964
Suicide mortality rate, per 100,000 people21.26
Mortality caused by road traffic injury, per 100,000 people28.914.2
Intentional homicides, per 100,000 people41.37.9
International tourism, number of arrivals1.2M140k

Government debt & reserves

StatLesothoPapua New Guinea
Central government debt, % of GDP39%36.9%
External debt stocks, % of GNI29.2%78.4%
External debt stocks$914.8M$17.7B
Short-term debt, % of total reserves0.1%20.6%
Total debt service, % of exports and primary income3.6%26.1%
Adjusted net savings including particulate emission damage, % of GNI8.2%4.9%
Gross savings, % of GDP18.1%30.4%
Gross capital formation, % of GDP22%20%
Total reserves including gold$728.5M$2.2B
Foreign direct investment net inflows$39.6M$335.2M

Exports, imports and economic structure

StatLesothoPapua New Guinea
Exports of goods and services, % of GDP43.8%72.2%
Imports of goods and services, % of GDP84.2%58.9%
Current account balance (balance of payments)-$4M$5.5B
Revenue excluding grants, % of GDP33.8%15.9%
Grants excluding technical cooperation, BoP$133M$268.9M
Personal remittances received$629.4M$2.9M
Industry including construction value added, % of GDP35.5%36.4%
Agriculture, forestry and fishing value added, % of GDP6%17.6%
Charges for the use of intellectual property, payments BoP$3.3M$139k
Charges for the use of intellectual property, receipts BoP$219kN/A
Expense, % of GDP35.2%19.1%
Government Expenditure, % of GDP46.8%21.3%

Compare with countries close by GDP per capita

Lesotho vs

CountryGDP
per capita
Population
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
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
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
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M

Papua New Guinea vs

CountryGDP
per capita
Population
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
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
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
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