Mongolia vs Niger: Economic Indicators Comparison

Mongolia with a GDP of $13.1B ranked the 134th largest economy in the world, while Niger ranked 146th with $9.3B. By GDP 5-years average growth and GDP per capita, Mongolia and Niger ranked 39th vs 26th and 118th vs 194th, respectively.

Gross Domestic Product & Income

StatMongoliaNiger
GDP$13.1B$9.3B
GDP growth, 1 year6.9%5.2%
GDP growth, 5-years average4.7%5.4%
Population3.1M21.5M
GDP per capita$4.1k$414
GDP per capita growth5.32%2.5%
Purchasing Power Parity conversion factor738.48216.34
Price level ratio of PPP conversion factor GDP to market exchange rate0.30.39
GDP per capita, PPP adjusted$13k$1.2k
GNI, Atlas method$11.6B$8.7B
GNI per capita$3.7k$390
GNI, PPP adjusted$39.6B$23.3B
GNI per capita, PPP adjusted$13k$1k

Financial system and Human development

StatMongoliaNiger
Income Tax Rate10%35%
Corporate Tax Rate25%30%
Inflation, consumer prices7.7%3%
Inflation, GDP deflator8.1%2.6%
Unemployment6.3%0.3%
Economic Freedom Index55.954.7
Personal Freedom Index7.636.67
Human Freedom Index7.176
Property Rights Index50.345.6
Judical Effectiveness Index2342.6
Business Freedom Index63.655.4
Fiscal Health Index9.344.7
Labor Freedom Index75.747.9
Investment Freedom Index5055
Financial Freedom Index6040
Trade Freedom Index7461.2
Monetary Freedom Index74.274.8
Government Spending Index66.679
Tax Burden Index87.476.7
Government Integrity Index36.933.4
Corruption Perceptions Index3734
Life expectancy at birth, years69.561.6
Suicide mortality rate, per 100,000 people134.6
Mortality caused by road traffic injury, per 100,000 people16.526.2
Intentional homicides, per 100,000 people6.24.4
International tourism, number of arrivals529k157k

Government debt & reserves

StatMongoliaNiger
Central government debt, % of GDP73.3%55.1%
External debt stocks, % of GNI253.9%36.1%
External debt stocks$29.4B$3.3B
Short-term debt, % of total reserves87.3%N/A
Total debt service, % of exports and primary income101.6%8.5%
Adjusted net savings including particulate emission damage, % of GNI-10.3%5%
Gross savings, % of GDP30.3%20.2%
Gross capital formation, % of GDP43.1%37.1%
Total reserves including gold$3.5BN/A
Foreign direct investment net inflows$2B$2B

Exports, imports and economic structure

StatMongoliaNiger
Exports of goods and services, % of GDP58.7%15.7%
Imports of goods and services, % of GDP64.2%33%
Current account balance (balance of payments)-$1.9B-$1.3B
Revenue excluding grants, % of GDP24.9%14.6%
Grants excluding technical cooperation, BoP$115.6M$881.8M
Personal remittances received$440.6M$296.7M
Industry including construction value added, % of GDP38.7%15.5%
Agriculture, forestry and fishing value added, % of GDP10.8%39.2%
Charges for the use of intellectual property, payments BoP$16.1M$2M
Charges for the use of intellectual property, receipts BoP$1.4M$6.2k
Expense, % of GDP23.8%10.2%
Government Expenditure, % of GDP33.4%26.5%

Compare with countries close by GDP per capita

Mongolia vs

CountryGDP
per capita
Population
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
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

Niger 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
Malawi
$389
18.6M
Somalia
$315
11M
Burundi
$272
10.9M