Maldives vs South Africa: Economic Indicators Comparison
South Africa with a GDP of $368.3B ranked the 35th largest economy in the world, while Maldives ranked 155th with $5.3B. By GDP 5-years average growth and GDP per capita, South Africa and Maldives ranked 151st vs 22nd and 95th vs 72nd, respectively.
Gross Domestic Product & Income
Stat | Maldives | South Africa |
---|---|---|
GDP | $5.3B | $368.3B |
GDP growth, 1 year | 7% | 0.8% |
GDP growth, 5-years average | 6.3% | 1.1% |
Population | 436k | 57.7M |
GDP per capita | $10k | $6.4k |
GDP per capita growth | 2.89% | -0.57% |
Purchasing Power Parity conversion factor | 10.39 | 6.16 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.67 | 0.47 |
GDP per capita, PPP adjusted | $22k | $14k |
GNI, Atlas method | $4.8B | $332.3B |
GNI per capita | $9.3k | $5.8k |
GNI, PPP adjusted | $7.3B | $765.8B |
GNI per capita, PPP adjusted | $14k | $13k |
Financial system and Human development
Stat | Maldives | South Africa |
---|---|---|
Income Tax Rate | 0% | 45% |
Corporate Tax Rate | 0% | 28% |
Inflation, consumer prices | 1.5% | 4.6% |
Inflation, GDP deflator | 5.3% | 3.9% |
Unemployment | 6.1% | 27% |
Economic Freedom Index | 56.5 | 58.8 |
Personal Freedom Index | 7.2 | 6.92 |
Human Freedom Index | 7.1 | 6.78 |
Property Rights Index | 48.5 | 58.4 |
Judical Effectiveness Index | 31.7 | 38 |
Business Freedom Index | 78.7 | 62 |
Fiscal Health Index | 42.9 | 64 |
Labor Freedom Index | 70.6 | 58.8 |
Investment Freedom Index | 35 | 45 |
Financial Freedom Index | 30 | 50 |
Trade Freedom Index | 61 | 75.8 |
Monetary Freedom Index | 77 | 75.9 |
Government Spending Index | 67.9 | 67.4 |
Tax Burden Index | 95.8 | 63.7 |
Government Integrity Index | 39.2 | 46.6 |
Corruption Perceptions Index | 31 | 43 |
Life expectancy at birth, years | 78.3 | 63.5 |
Suicide mortality rate, per 100,000 people | 2.3 | 11.6 |
Mortality caused by road traffic injury, per 100,000 people | 0.9 | 25.9 |
Intentional homicides, per 100,000 people | 0.8 | 35.9 |
International tourism, number of arrivals | 1.5M | 10.5M |
Government debt & reserves
Stat | Maldives | South Africa |
---|---|---|
Central government debt, % of GDP | 61.5% | 56.7% |
External debt stocks, % of GNI | 48% | 50.6% |
External debt stocks | $2.3B | $179.3B |
Short-term debt, % of total reserves | 36.4% | 70.9% |
Total debt service, % of exports and primary income | 9.2% | 19.9% |
Adjusted net savings including particulate emission damage, % of GNI | N/A | 0.6% |
Gross savings, % of GDP | N/A | 14.9% |
Gross capital formation, % of GDP | N/A | 17.9% |
Total reserves including gold | $722.1M | $51.6B |
Foreign direct investment net inflows | $538.5M | $5.5B |
Exports, imports and economic structure
Stat | Maldives | South Africa |
---|---|---|
Exports of goods and services, % of GDP | 69.1% | 29.9% |
Imports of goods and services, % of GDP | 77.2% | 29.6% |
Current account balance (balance of payments) | -$1.4B | -$13.4B |
Revenue excluding grants, % of GDP | 25.7% | 30.9% |
Grants excluding technical cooperation, BoP | $72.6M | $817.9M |
Personal remittances received | $4.2M | $929M |
Industry including construction value added, % of GDP | 12.9% | 25.9% |
Agriculture, forestry and fishing value added, % of GDP | 5.6% | 2.2% |
Charges for the use of intellectual property, payments BoP | $3.5M | $1.8B |
Charges for the use of intellectual property, receipts BoP | $5.6M | $120.7M |
Expense, % of GDP | 25.1% | 34.4% |
Government Expenditure, % of GDP | 32.7% | 33% |