Malawi vs Uruguay: Economic Indicators Comparison

Uruguay with a GDP of $59.6B ranked the 79th largest economy in the world, while Malawi ranked 150th with $7.1B. By GDP 5-years average growth and GDP per capita, Uruguay and Malawi ranked 129th vs 63rd and 52nd vs 195th, respectively.

Gross Domestic Product & Income

StatMalawiUruguay
GDP$7.1B$59.6B
GDP growth, 1 year3.2%2.1%
GDP growth, 5-years average3.6%2%
Population18.6M3.5M
GDP per capita$389$17k
GDP per capita growth0.8%1.25%
Purchasing Power Parity conversion factor217.5222.52
Price level ratio of PPP conversion factor GDP to market exchange rate0.30.73
GDP per capita, PPP adjusted$1.2k$23k
GNI, Atlas method$6.5B$54B
GNI per capita$360$16k
GNI, PPP adjusted$23.7B$75.7B
GNI per capita, PPP adjusted$1.3k$22k

Financial system and Human development

StatMalawiUruguay
Income Tax Rate30%30%
Corporate Tax Rate30%25%
Inflation, consumer prices9.2%7.6%
Inflation, GDP deflator8.6%5.6%
Unemployment5.4%8%
Economic Freedom Index52.869.1
Personal Freedom Index7.188.78
Human Freedom Index6.687.93
Property Rights Index43.172
Judical Effectiveness Index42.159.8
Business Freedom Index41.973.6
Fiscal Health Index23.672.3
Labor Freedom Index62.871
Investment Freedom Index5085
Financial Freedom Index5030
Trade Freedom Index75.477.4
Monetary Freedom Index69.172.7
Government Spending Index71.766.5
Tax Burden Index7975.2
Government Integrity Index24.873.5
Corruption Perceptions Index3270
Life expectancy at birth, years63.377.6
Suicide mortality rate, per 100,000 people3.718.4
Mortality caused by road traffic injury, per 100,000 people3113.4
Intentional homicides, per 100,000 people1.78.2
International tourism, number of arrivals871k3.5M

Government debt & reserves

StatMalawiUruguay
Central government debt, % of GDP61.3%70%
External debt stocks, % of GNI32.2%N/A
External debt stocks$2.3BN/A
Short-term debt, % of total reserves3%N/A
Total debt service, % of exports and primary income5.7%N/A
Adjusted net savings including particulate emission damage, % of GNI-16.7%10.2%
Gross savings, % of GDP13.2%12%
Gross capital formation, % of GDP13.4%16.5%
Total reserves including gold$759.6M$15.6B
Foreign direct investment net inflows$102M$1.2B

Exports, imports and economic structure

StatMalawiUruguay
Exports of goods and services, % of GDP29.2%21%
Imports of goods and services, % of GDP36.2%19%
Current account balance (balance of payments)-$1.4B$75.7M
Revenue excluding grants, % of GDP18.1%34.4%
Grants excluding technical cooperation, BoP$973.7M$9.1M
Personal remittances received$181.6M$104.3M
Industry including construction value added, % of GDP14.4%24.5%
Agriculture, forestry and fishing value added, % of GDP26.1%5.6%
Charges for the use of intellectual property, payments BoP$3.2M$124.2M
Charges for the use of intellectual property, receipts BoPN/A$44.7M
Expense, % of GDP20.9%35%
Government Expenditure, % of GDP30.7%33.4%

Compare with countries close by GDP per capita

Malawi vs

CountryGDP
per capita
Population
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
Liberia
$677
4.73M
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
Somalia
$315
11M
Burundi
$272
10.9M

Uruguay vs

CountryGDP
per capita
Population
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
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
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
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M