Myanmar vs Sierra Leone: Economic Indicators Comparison

Myanmar with a GDP of $71.2B ranked the 71st largest economy in the world, while Sierra Leone ranked 161st with $4.1B. By GDP 5-years average growth and GDP per capita, Myanmar and Sierra Leone ranked 13th vs 170th and 164th vs 189th, respectively.

Gross Domestic Product & Income

StatMyanmarSierra Leone
GDP$71.2B$4.1B
GDP growth, 1 year6.7%3.7%
GDP growth, 5-years average6.8%-0.4%
Population53.4M7.6M
GDP per capita$1.3k$534
GDP per capita growth5.56%1.26%
Purchasing Power Parity conversion factor290.172643.88
Price level ratio of PPP conversion factor GDP to market exchange rate0.290.33
GDP per capita, PPP adjusted$6.2k$1.6k
GNI, Atlas method$70.2B$3.7B
GNI per capita$1.3k$490
GNI, PPP adjusted$348.9B$11.4B
GNI per capita, PPP adjusted$6.5k$1.5k

Financial system and Human development

StatMyanmarSierra Leone
Income Tax Rate20%15%
Corporate Tax Rate30%30%
Inflation, consumer prices5.9%16.9%
Inflation, GDP deflator8.3%13.4%
Unemployment1.6%4.3%
Economic Freedom Index5448
Personal Freedom Index5.966.55
Human Freedom Index4.816.24
Property Rights Index32.540.7
Judical Effectiveness Index14.339.4
Business Freedom Index53.150.1
Fiscal Health Index84.69.8
Labor Freedom Index59.929.7
Investment Freedom Index3060
Financial Freedom Index2020
Trade Freedom Index70.869.4
Monetary Freedom Index77.564.2
Government Spending Index87.583.5
Tax Burden Index86.687.5
Government Integrity Index31.521.8
Corruption Perceptions Index2930
Life expectancy at birth, years66.653.9
Suicide mortality rate, per 100,000 people7.89.7
Mortality caused by road traffic injury, per 100,000 people19.927.3
Intentional homicides, per 100,000 people2.31.7
International tourism, number of arrivals3.6M57k

Government debt & reserves

StatMyanmarSierra Leone
Central government debt, % of GDP38.2%71.3%
External debt stocks, % of GNI21.5%45.1%
External debt stocks$14.9B$1.7B
Short-term debt, % of total reserves15.6%37.5%
Total debt service, % of exports and primary income4.9%7.2%
Adjusted net savings including particulate emission damage, % of GNI23.1%-33.5%
Gross savings, % of GDP29.2%-7.3%
Gross capital formation, % of GDP32.8%13.6%
Total reserves including gold$5.6B$502.6M
Foreign direct investment net inflows$1.3B$217.8M

Exports, imports and economic structure

StatMyanmarSierra Leone
Exports of goods and services, % of GDP20%17.5%
Imports of goods and services, % of GDP28%39.2%
Current account balance (balance of payments)-$2.1B-$646.1M
Revenue excluding grants, % of GDP15.8%N/A
Grants excluding technical cooperation, BoP$886.7M$375.1M
Personal remittances received$2.8B$62.1M
Industry including construction value added, % of GDP32.3%5.3%
Agriculture, forestry and fishing value added, % of GDP24.6%58.9%
Charges for the use of intellectual property, payments BoP$47.3M$892k
Charges for the use of intellectual property, receipts BoP$2.6M$5.8M
Expense, % of GDP16.8%N/A
Government Expenditure, % of GDP20.4%23.4%

Compare with countries close by GDP per capita

Myanmar vs

CountryGDP
per capita
Population
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
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

Sierra Leone vs

CountryGDP
per capita
Population
Kyrgyzstan
$1.3k
6.2M
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
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M
Niger
$414
21.5M
Malawi
$389
18.6M
Somalia
$315
11M