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Nicaragua vs South Africa: Economic Indicators Comparison

South Africa with a GDP of $368.3B ranked the 35th largest economy in the world, while Nicaragua ranked 133rd with $13.1B. By GDP 5-years average growth and GDP per capita, South Africa and Nicaragua ranked 151st vs 91st and 95th vs 148th, respectively.

Gross Domestic Product & Income

StatNicaraguaSouth Africa
GDP$13.1B$368.3B
GDP growth, 1 year-4%0.8%
GDP growth, 5-years average3%1.1%
Population6.2M57.7M
GDP per capita$2k$6.4k
GDP per capita growth-5.02%-0.57%
Purchasing Power Parity conversion factor11.576.16
Price level ratio of PPP conversion factor GDP to market exchange rate0.370.47
GDP per capita, PPP adjusted$5.7k$14k
GNI, Atlas method$13.1B$332.3B
GNI per capita$2k$5.8k
GNI, PPP adjusted$34.9B$765.8B
GNI per capita, PPP adjusted$5.4k$13k

Financial system and Human development

StatNicaraguaSouth Africa
Income Tax Rate30%45%
Corporate Tax Rate30%28%
Inflation, consumer prices5%4.6%
Inflation, GDP deflator3.4%3.9%
Unemployment4.5%27%
Economic Freedom Index57.258.8
Personal Freedom Index7.416.92
Human Freedom Index7.226.78
Property Rights Index33.558.4
Judical Effectiveness Index19.538
Business Freedom Index55.162
Fiscal Health Index87.264
Labor Freedom Index55.558.8
Investment Freedom Index6045
Financial Freedom Index5050
Trade Freedom Index75.475.8
Monetary Freedom Index71.575.9
Government Spending Index77.567.4
Tax Burden Index76.363.7
Government Integrity Index24.346.6
Corruption Perceptions Index2543
Life expectancy at birth, years74.163.5
Suicide mortality rate, per 100,000 people12.211.6
Mortality caused by road traffic injury, per 100,000 people15.325.9
Intentional homicides, per 100,000 people7.435.9
International tourism, number of arrivals1.3M10.5M

Government debt & reserves

StatNicaraguaSouth Africa
Central government debt, % of GDP37.2%56.7%
External debt stocks, % of GNI90.7%50.6%
External debt stocks$11.6B$179.3B
Short-term debt, % of total reserves60.3%70.9%
Total debt service, % of exports and primary income19%19.9%
Adjusted net savings including particulate emission damage, % of GNI14.4%0.6%
Gross savings, % of GDP23.6%14.9%
Gross capital formation, % of GDP22.9%17.9%
Total reserves including gold$2.3B$51.6B
Foreign direct investment net inflows$359.2M$5.5B

Exports, imports and economic structure

StatNicaraguaSouth Africa
Exports of goods and services, % of GDP42%29.9%
Imports of goods and services, % of GDP51.3%29.6%
Current account balance (balance of payments)$83M-$13.4B
Revenue excluding grants, % of GDP16.8%30.9%
Grants excluding technical cooperation, BoP$162.6M$817.9M
Personal remittances received$1.5B$929M
Industry including construction value added, % of GDP25.8%25.9%
Agriculture, forestry and fishing value added, % of GDP15.5%2.2%
Charges for the use of intellectual property, payments BoP$1.9M$1.8B
Charges for the use of intellectual property, receipts BoPN/A$120.7M
Expense, % of GDP16.7%34.4%
Government Expenditure, % of GDP27.4%33%

Compare with countries close by GDP per capita

Nicaragua vs

CountryGDP
per capita
Population
Vanuatu
$3.1k
276k
Philippines
$3.1k
101M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
850k
Papua New Guinea
$2.7k
7.32M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.77M
Honduras
$2.5k
8.1M
Ghana
$2.2k
28.3M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
14.1M
Solomon Islands
$2.1k
561k
East Timor
$2k
1.18M
Syria
$2k
19.8M
Nigeria
$2k
191M
India
$2k
1.35B
Sao Tome and Principe
$2k
193k
Ivory Coast
$1.7k
20.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
24.9M
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

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