Namibia vs Uruguay: Economic Indicators Comparison

Uruguay with a GDP of $59.6B ranked the 79th largest economy in the world, while Namibia ranked 127th with $14.5B. By GDP 5-years average growth and GDP per capita, Uruguay and Namibia ranked 129th vs 117th and 52nd vs 102nd, respectively.

Gross Domestic Product & Income

StatNamibiaUruguay
GDP$14.5B$59.6B
GDP growth, 1 year-0.1%2.1%
GDP growth, 5-years average2.4%2%
Population2.5M3.5M
GDP per capita$5.9k$17k
GDP per capita growth-2.4%1.25%
Purchasing Power Parity conversion factor7.0722.52
Price level ratio of PPP conversion factor GDP to market exchange rate0.530.73
GDP per capita, PPP adjusted$11k$23k
GNI, Atlas method$12.8B$54B
GNI per capita$5.2k$16k
GNI, PPP adjusted$26.6B$75.7B
GNI per capita, PPP adjusted$11k$22k

Financial system and Human development

StatNamibiaUruguay
Income Tax Rate37%30%
Corporate Tax Rate34%25%
Inflation, consumer prices4.3%7.6%
Inflation, GDP deflator7%5.6%
Unemployment23.1%8%
Economic Freedom Index60.969.1
Personal Freedom Index7.158.78
Human Freedom Index6.977.93
Property Rights Index58.972
Judical Effectiveness Index58.559.8
Business Freedom Index65.673.6
Fiscal Health Index28.772.3
Labor Freedom Index84.971
Investment Freedom Index6585
Financial Freedom Index4030
Trade Freedom Index83.277.4
Monetary Freedom Index75.972.7
Government Spending Index58.166.5
Tax Burden Index65.775.2
Government Integrity Index4673.5
Corruption Perceptions Index5370
Life expectancy at birth, years6377.6
Suicide mortality rate, per 100,000 people8.718.4
Mortality caused by road traffic injury, per 100,000 people30.413.4
Intentional homicides, per 100,000 people17.18.2
International tourism, number of arrivals1.5M3.5M

Government debt & reserves

StatNamibiaUruguay
Central government debt, % of GDP47.1%70%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNI4.5%10.2%
Gross savings, % of GDP14%12%
Gross capital formation, % of GDP12.6%16.5%
Total reserves including gold$2.1B$15.6B
Foreign direct investment net inflows$199.6M$1.2B

Exports, imports and economic structure

StatNamibiaUruguay
Exports of goods and services, % of GDP38.7%21%
Imports of goods and services, % of GDP44.9%19%
Current account balance (balance of payments)-$354.5M$75.7M
Revenue excluding grants, % of GDP31.6%34.4%
Grants excluding technical cooperation, BoP$127.9M$9.1M
Personal remittances received$53.7M$104.3M
Industry including construction value added, % of GDP29.3%24.5%
Agriculture, forestry and fishing value added, % of GDP7.2%5.6%
Charges for the use of intellectual property, payments BoP$1.3M$124.2M
Charges for the use of intellectual property, receipts BoP$1.4M$44.7M
Expense, % of GDP31.1%35%
Government Expenditure, % of GDP37.4%33.4%

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

Uruguay vs

CountryGDP
per capita
Population
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
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
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
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