Liberia vs Romania: Economic Indicators Comparison

Romania with a GDP of $239.6B ranked the 49th largest economy in the world, while Liberia ranked 164th with $3.3B. By GDP 5-years average growth and GDP per capita, Romania and Liberia ranked 42nd vs 161st and 64th vs 186th, respectively.

Gross Domestic Product & Income

StatLiberiaRomania
GDP$3.3B$239.6B
GDP growth, 1 year1.2%4.1%
GDP growth, 5-years average0.6%4.6%
Population4.7M19.6M
GDP per capita$677$12k
GDP per capita growth-1.23%4.56%
Purchasing Power Parity conversion factor0.521.72
Price level ratio of PPP conversion factor GDP to market exchange rate0.520.44
GDP per capita, PPP adjusted$1.4k$26k
GNI, Atlas method$2.9B$219.9B
GNI per capita$610$11k
GNI, PPP adjusted$5.5B$535.9B
GNI per capita, PPP adjusted$1.1k$28k

Financial system and Human development

StatLiberiaRomania
Income Tax Rate25%10%
Corporate Tax Rate25%16%
Inflation, consumer prices23.4%4.6%
Inflation, GDP deflator-1.9%5.9%
Unemployment2%4.3%
Economic Freedom Index4969.7
Personal Freedom Index6.18.74
Human Freedom Index6.68
Property Rights Index31.172.5
Judical Effectiveness Index37.956.1
Business Freedom Index48.258.6
Fiscal Health Index59.785.6
Labor Freedom Index38.263
Investment Freedom Index5570
Financial Freedom Index2050
Trade Freedom Index60.686.4
Monetary Freedom Index62.178.1
Government Spending Index65.570.4
Tax Burden Index86.190.3
Government Integrity Index23.855.1
Corruption Perceptions Index3247
Life expectancy at birth, years63.375.3
Suicide mortality rate, per 100,000 people6.810.4
Mortality caused by road traffic injury, per 100,000 people35.910.3
Intentional homicides, per 100,000 people3.21.5
International tourism, number of arrivalsN/A11.7M

Government debt & reserves

StatLiberiaRomania
Central government debt, % of GDP40.5%36.6%
External debt stocks, % of GNI44.7%48%
External debt stocks$1.3B$112.1B
Short-term debt, % of total reserves0%37.7%
Total debt service, % of exports and primary income2.8%20.8%
Adjusted net savings including particulate emission damage, % of GNI-99%3.4%
Gross savings, % of GDP-64.1%19.7%
Gross capital formation, % of GDP12.9%24.2%
Total reserves including gold$560.3M$42.1B
Foreign direct investment net inflows$129.1M$7.3B

Exports, imports and economic structure

StatLiberiaRomania
Exports of goods and services, % of GDP26%41.6%
Imports of goods and services, % of GDP94.3%44.9%
Current account balance (balance of payments)-$674.1M-$10.9B
Revenue excluding grants, % of GDP15.7%28.6%
Grants excluding technical cooperation, BoP$436.2M$736M
Personal remittances received$459.9M$7B
Industry including construction value added, % of GDP12.5%29%
Agriculture, forestry and fishing value added, % of GDP37.3%4.3%
Charges for the use of intellectual property, payments BoPN/A$962.4M
Charges for the use of intellectual property, receipts BoPN/A$100.8M
Expense, % of GDP16.5%31.6%
Government Expenditure, % of GDP33.9%31.4%

Compare with countries close by GDP per capita

Liberia vs

CountryGDP
per capita
Population
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
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M
Niger
$414
21.5M
Malawi
$389
18.6M
Somalia
$315
11M

Romania vs

CountryGDP
per capita
Population
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
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
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
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