Maldives vs Venezuela: Economic Indicators Comparison

Venezuela with a GDP of $482.4B ranked the 27th largest economy in the world, while Maldives ranked 155th with $5.3B. By GDP 5-years average growth and GDP per capita, Venezuela and Maldives ranked 181st vs 22nd and 58th vs 72nd, respectively.

Gross Domestic Product & Income

StatMaldivesVenezuela
GDP$5.3B$482.4B
GDP growth, 1 year7%-18%
GDP growth, 5-years average6.3%-12.2%
Population436k28.5M
GDP per capita$10k$16k
GDP per capita growth2.89%-18.17%
Purchasing Power Parity conversion factor10.395.57
Price level ratio of PPP conversion factor GDP to market exchange rate0.670.89
GDP per capita, PPP adjusted$22k$8.8k
GNI, Atlas method$4.8B$392.9B
GNI per capita$9.3k$13k
GNI, PPP adjusted$7.3B$352.8B
GNI per capita, PPP adjusted$14k$12k

Financial system and Human development

StatMaldivesVenezuela
Income Tax Rate0%34%
Corporate Tax Rate0%34%
Inflation, consumer prices1.5%929789.5%
Inflation, GDP deflator5.3%748.1%
Unemployment6.1%8.4%
Economic Freedom Index56.525.2
Personal Freedom Index7.26.33
Human Freedom Index7.15.27
Property Rights Index48.510.1
Judical Effectiveness Index31.712.6
Business Freedom Index78.730.8
Fiscal Health Index42.90
Labor Freedom Index70.627.7
Investment Freedom Index350
Financial Freedom Index3010
Trade Freedom Index6158
Monetary Freedom Index770
Government Spending Index67.966.3
Tax Burden Index95.872.8
Government Integrity Index39.214.6
Corruption Perceptions Index3118
Life expectancy at birth, years78.372.2
Suicide mortality rate, per 100,000 people2.33.7
Mortality caused by road traffic injury, per 100,000 people0.933.7
Intentional homicides, per 100,000 people0.856.3
International tourism, number of arrivals1.5M427k

Government debt & reserves

StatMaldivesVenezuela
Central government debt, % of GDP61.5%175.6%
External debt stocks, % of GNI48%33.9%
External debt stocks$2.3B$154.9B
Short-term debt, % of total reserves36.4%421.1%
Total debt service, % of exports and primary income9.2%69%
Adjusted net savings including particulate emission damage, % of GNIN/A7.2%
Gross savings, % of GDPN/A8.9%
Gross capital formation, % of GDPN/A-3.7%
Total reserves including gold$722.1M$9.8B
Foreign direct investment net inflows$538.5M$956M

Exports, imports and economic structure

StatMaldivesVenezuela
Exports of goods and services, % of GDP69.1%30.7%
Imports of goods and services, % of GDP77.2%36.4%
Current account balance (balance of payments)-$1.4B-$3.9B
Revenue excluding grants, % of GDP25.7%N/A
Grants excluding technical cooperation, BoP$72.6M$125.8M
Personal remittances received$4.2M$297.1M
Industry including construction value added, % of GDP12.9%37.2%
Agriculture, forestry and fishing value added, % of GDP5.6%5%
Charges for the use of intellectual property, payments BoP$3.5M$258M
Charges for the use of intellectual property, receipts BoP$5.6MN/A
Expense, % of GDP25.1%N/A
Government Expenditure, % of GDP32.7%33.5%

Compare with countries close by GDP per capita

Maldives vs

CountryGDP
per capita
Population
Hungary
$16k
9.94M
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
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
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
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k

Venezuela vs

CountryGDP
per capita
Population
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
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
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
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k