Namibia vs Rwanda: Economic Indicators Comparison

Namibia with a GDP of $14.5B ranked the 127th largest economy in the world, while Rwanda ranked 145th with $9.5B. By GDP 5-years average growth and GDP per capita, Namibia and Rwanda ranked 117th vs 7th and 102nd vs 180th, respectively.

Gross Domestic Product & Income

StatNamibiaRwanda
GDP$14.5B$9.5B
GDP growth, 1 year-0.1%8.6%
GDP growth, 5-years average2.4%7.4%
Population2.5M12.2M
GDP per capita$5.9k$773
GDP per capita growth-2.4%5.77%
Purchasing Power Parity conversion factor7.07295.65
Price level ratio of PPP conversion factor GDP to market exchange rate0.530.34
GDP per capita, PPP adjusted$11k$2.3k
GNI, Atlas method$12.8B$9.6B
GNI per capita$5.2k$780
GNI, PPP adjusted$26.6B$27.1B
GNI per capita, PPP adjusted$11k$2.2k

Financial system and Human development

StatNamibiaRwanda
Income Tax Rate37%30%
Corporate Tax Rate34%30%
Inflation, consumer prices4.3%1.4%
Inflation, GDP deflator7%-0.8%
Unemployment23.1%1%
Economic Freedom Index60.970.9
Personal Freedom Index7.157.34
Human Freedom Index6.977
Property Rights Index58.976.5
Judical Effectiveness Index58.578.3
Business Freedom Index65.660.3
Fiscal Health Index28.786.7
Labor Freedom Index84.981.8
Investment Freedom Index6560
Financial Freedom Index4040
Trade Freedom Index83.270.4
Monetary Freedom Index75.979.8
Government Spending Index58.179.8
Tax Burden Index65.779.2
Government Integrity Index4657.6
Corruption Perceptions Index5356
Life expectancy at birth, years6368.3
Suicide mortality rate, per 100,000 people8.76.7
Mortality caused by road traffic injury, per 100,000 people30.429.7
Intentional homicides, per 100,000 people17.12.5
International tourism, number of arrivals1.5M932k

Government debt & reserves

StatNamibiaRwanda
Central government debt, % of GDP47.1%40.7%
External debt stocks, % of GNIN/A58%
External debt stocksN/A$5.4B
Short-term debt, % of total reservesN/A8.5%
Total debt service, % of exports and primary incomeN/A12.6%
Adjusted net savings including particulate emission damage, % of GNI4.5%-4.4%
Gross savings, % of GDP14%12.4%
Gross capital formation, % of GDP12.6%24.4%
Total reserves including gold$2.1B$1.2B
Foreign direct investment net inflows$199.6M$305.5M

Exports, imports and economic structure

StatNamibiaRwanda
Exports of goods and services, % of GDP38.7%17.4%
Imports of goods and services, % of GDP44.9%34.1%
Current account balance (balance of payments)-$354.5M-$746.9M
Revenue excluding grants, % of GDP31.6%20%
Grants excluding technical cooperation, BoP$127.9M$621.4M
Personal remittances received$53.7M$260.5M
Industry including construction value added, % of GDP29.3%16.2%
Agriculture, forestry and fishing value added, % of GDP7.2%29%
Charges for the use of intellectual property, payments BoP$1.3MN/A
Charges for the use of intellectual property, receipts BoP$1.4MN/A
Expense, % of GDP31.1%18.9%
Government Expenditure, % of GDP37.4%26%

Compare with countries close by GDP per capita

Namibia vs

CountryGDP
per capita
Population
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
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

Rwanda vs

CountryGDP
per capita
Population
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
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
Niger
$414
21.5M
Malawi
$389
18.6M