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Mongolia vs South Africa: Economic Indicators Comparison

South Africa with a GDP of $368.3B ranked the 35th largest economy in the world, while Mongolia ranked 134th with $13.1B. By GDP 5-years average growth and GDP per capita, South Africa and Mongolia ranked 151st vs 39th and 95th vs 118th, respectively.

Gross Domestic Product & Income

StatMongoliaSouth Africa
GDP$13.1B$368.3B
GDP growth, 1 year6.9%0.8%
GDP growth, 5-years average4.7%1.1%
Population3.1M57.7M
GDP per capita$4.1k$6.4k
GDP per capita growth5.32%-0.57%
Purchasing Power Parity conversion factor738.486.16
Price level ratio of PPP conversion factor GDP to market exchange rate0.30.47
GDP per capita, PPP adjusted$13k$14k
GNI, Atlas method$11.6B$332.3B
GNI per capita$3.7k$5.8k
GNI, PPP adjusted$39.6B$765.8B
GNI per capita, PPP adjusted$13k$13k

Financial system and Human development

StatMongoliaSouth Africa
Income Tax Rate10%45%
Corporate Tax Rate25%28%
Inflation, consumer prices7.7%4.6%
Inflation, GDP deflator8.1%3.9%
Unemployment6.3%27%
Economic Freedom Index55.958.8
Personal Freedom Index7.636.92
Human Freedom Index7.176.78
Property Rights Index50.358.4
Judical Effectiveness Index2338
Business Freedom Index63.662
Fiscal Health Index9.364
Labor Freedom Index75.758.8
Investment Freedom Index5045
Financial Freedom Index6050
Trade Freedom Index7475.8
Monetary Freedom Index74.275.9
Government Spending Index66.667.4
Tax Burden Index87.463.7
Government Integrity Index36.946.6
Corruption Perceptions Index3743
Life expectancy at birth, years69.563.5
Suicide mortality rate, per 100,000 people1311.6
Mortality caused by road traffic injury, per 100,000 people16.525.9
Intentional homicides, per 100,000 people6.235.9
International tourism, number of arrivals529k10.5M

Government debt & reserves

StatMongoliaSouth Africa
Central government debt, % of GDP73.3%56.7%
External debt stocks, % of GNI253.9%50.6%
External debt stocks$29.4B$179.3B
Short-term debt, % of total reserves87.3%70.9%
Total debt service, % of exports and primary income101.6%19.9%
Adjusted net savings including particulate emission damage, % of GNI-10.3%0.6%
Gross savings, % of GDP30.3%14.9%
Gross capital formation, % of GDP43.1%17.9%
Total reserves including gold$3.5B$51.6B
Foreign direct investment net inflows$2B$5.5B

Exports, imports and economic structure

StatMongoliaSouth Africa
Exports of goods and services, % of GDP58.7%29.9%
Imports of goods and services, % of GDP64.2%29.6%
Current account balance (balance of payments)-$1.9B-$13.4B
Revenue excluding grants, % of GDP24.9%30.9%
Grants excluding technical cooperation, BoP$115.6M$817.9M
Personal remittances received$440.6M$929M
Industry including construction value added, % of GDP38.7%25.9%
Agriculture, forestry and fishing value added, % of GDP10.8%2.2%
Charges for the use of intellectual property, payments BoP$16.1M$1.8B
Charges for the use of intellectual property, receipts BoP$1.4M$120.7M
Expense, % of GDP23.8%34.4%
Government Expenditure, % of GDP33.4%33%

Compare with countries close by GDP per capita

Mongolia vs

CountryGDP
per capita
Population
Iraq
$5.8k
33.4M
Paraguay
$5.8k
6.8M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
15.5M
Tonga
$4.4k
105k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
190k
Eswatini
$4.1k
1.37M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.34M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
52.6k
Tuvalu
$3.7k
9.88k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
754k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k

South Africa vs

CountryGDP
per capita
Population
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
Ecuador
$6.3k
15.7M
Belarus
$6.3k
9.49M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M
Iraq
$5.8k
33.4M
Paraguay
$5.8k
6.8M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M