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Nepal vs South Africa: Economic Indicators Comparison

South Africa with a GDP of $368.3B ranked the 35th largest economy in the world, while Nepal ranked 103rd with $29B. By GDP 5-years average growth and GDP per capita, South Africa and Nepal ranked 151st vs 37th and 95th vs 170th, respectively.

Gross Domestic Product & Income

StatNepalSouth Africa
GDP$29B$368.3B
GDP growth, 1 year6.3%0.8%
GDP growth, 5-years average4.8%1.1%
Population29.4M57.7M
GDP per capita$1k$6.4k
GDP per capita growth4.91%-0.57%
Purchasing Power Parity conversion factor34.936.16
Price level ratio of PPP conversion factor GDP to market exchange rate0.330.47
GDP per capita, PPP adjusted$2.9k$14k
GNI, Atlas method$27.2B$332.3B
GNI per capita$970$5.8k
GNI, PPP adjusted$87.4B$765.8B
GNI per capita, PPP adjusted$3.1k$13k

Financial system and Human development

StatNepalSouth Africa
Income Tax Rate25%45%
Corporate Tax Rate25%28%
Inflation, consumer prices4.2%4.6%
Inflation, GDP deflator6.3%3.9%
Unemployment1.3%27%
Economic Freedom Index54.258.8
Personal Freedom Index7.756.92
Human Freedom Index6.836.78
Property Rights Index40.758.4
Judical Effectiveness Index3238
Business Freedom Index61.662
Fiscal Health Index98.164
Labor Freedom Index53.758.8
Investment Freedom Index1045
Financial Freedom Index3050
Trade Freedom Index60.475.8
Monetary Freedom Index71.275.9
Government Spending Index77.967.4
Tax Burden Index83.463.7
Government Integrity Index31.546.6
Corruption Perceptions Index3143
Life expectancy at birth, years70.263.5
Suicide mortality rate, per 100,000 people8.811.6
Mortality caused by road traffic injury, per 100,000 people15.925.9
Intentional homicides, per 100,000 people2.235.9
International tourism, number of arrivals1.2M10.5M

Government debt & reserves

StatNepalSouth Africa
Central government debt, % of GDP30.4%56.7%
External debt stocks, % of GNI18.9%50.6%
External debt stocks$5.5B$179.3B
Short-term debt, % of total reserves3%70.9%
Total debt service, % of exports and primary income8.5%19.9%
Adjusted net savings including particulate emission damage, % of GNI38.1%0.6%
Gross savings, % of GDP49.5%14.9%
Gross capital formation, % of GDP55.2%17.9%
Total reserves including gold$8.3B$51.6B
Foreign direct investment net inflows$68.2M$5.5B

Exports, imports and economic structure

StatNepalSouth Africa
Exports of goods and services, % of GDP8.9%29.9%
Imports of goods and services, % of GDP46.3%29.6%
Current account balance (balance of payments)-$2.8B-$13.4B
Revenue excluding grants, % of GDP22.9%30.9%
Grants excluding technical cooperation, BoP$629.7M$817.9M
Personal remittances received$8.3B$929M
Industry including construction value added, % of GDP13.5%25.9%
Agriculture, forestry and fishing value added, % of GDP25.3%2.2%
Charges for the use of intellectual property, payments BoPN/A$1.8B
Charges for the use of intellectual property, receipts BoPN/A$120.7M
Expense, % of GDP19.4%34.4%
Government Expenditure, % of GDP27.2%33%

Compare with countries close by GDP per capita

Nepal vs

CountryGDP
per capita
Population
Bangladesh
$1.7k
157M
Kiribati
$1.6k
102k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
14.1M
Cambodia
$1.5k
15.1M
Pakistan
$1.5k
197M
Comoros
$1.4k
735k
Myanmar
$1.3k
53.3M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
3.54M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Sudan
$977
40.5M
Yemen
$944
26.2M
Benin
$902
10M
Mali
$900
18.5M
Guinea
$879
11.6M
Haiti
$868
10.3M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.52M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
11M
Gambia
$716
1.86M
Burkina Faso
$715
19.2M
Togo
$679
6.34M

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