Nicaragua vs Togo: Economic Indicators Comparison

Nicaragua with a GDP of $13.1B ranked the 133rd largest economy in the world, while Togo ranked 154th with $5.4B. By GDP 5-years average growth and GDP per capita, Nicaragua and Togo ranked 91st vs 27th and 148th vs 185th, respectively.

Gross Domestic Product & Income

StatNicaraguaTogo
GDP$13.1B$5.4B
GDP growth, 1 year-4%4.7%
GDP growth, 5-years average3%5.3%
Population6.2M7.8M
GDP per capita$2k$679
GDP per capita growth-5.02%2.38%
Purchasing Power Parity conversion factor11.57212.6
Price level ratio of PPP conversion factor GDP to market exchange rate0.370.38
GDP per capita, PPP adjusted$5.7k$1.7k
GNI, Atlas method$13.1B$5.2B
GNI per capita$2k$660
GNI, PPP adjusted$34.9B$14B
GNI per capita, PPP adjusted$5.4k$1.8k

Financial system and Human development

StatNicaraguaTogo
Income Tax Rate30%45%
Corporate Tax Rate30%27%
Inflation, consumer prices5%0.7%
Inflation, GDP deflator3.4%1.3%
Unemployment4.5%1.7%
Economic Freedom Index57.254.1
Personal Freedom Index7.415.73
Human Freedom Index7.225.67
Property Rights Index33.541.6
Judical Effectiveness Index19.531.7
Business Freedom Index55.155
Fiscal Health Index87.259.4
Labor Freedom Index55.546.9
Investment Freedom Index6065
Financial Freedom Index5030
Trade Freedom Index75.463.2
Monetary Freedom Index71.579.5
Government Spending Index77.578.6
Tax Burden Index76.367.5
Government Integrity Index24.331.2
Corruption Perceptions Index2530
Life expectancy at birth, years74.160.5
Suicide mortality rate, per 100,000 people12.29.6
Mortality caused by road traffic injury, per 100,000 people15.329.2
Intentional homicides, per 100,000 people7.49
International tourism, number of arrivals1.3M573k

Government debt & reserves

StatNicaraguaTogo
Central government debt, % of GDP37.2%74.6%
External debt stocks, % of GNI90.7%33.3%
External debt stocks$11.6B$1.8B
Short-term debt, % of total reserves60.3%N/A
Total debt service, % of exports and primary income19%5%
Adjusted net savings including particulate emission damage, % of GNI14.4%-7.5%
Gross savings, % of GDP23.6%21.4%
Gross capital formation, % of GDP22.9%25.3%
Total reserves including gold$2.3BN/A
Foreign direct investment net inflows$359.2M$102M

Exports, imports and economic structure

StatNicaraguaTogo
Exports of goods and services, % of GDP42%31.3%
Imports of goods and services, % of GDP51.3%42.3%
Current account balance (balance of payments)$83M-$96.4M
Revenue excluding grants, % of GDP16.8%20.3%
Grants excluding technical cooperation, BoP$162.6M$167.4M
Personal remittances received$1.5B$495.2M
Industry including construction value added, % of GDP25.8%15.5%
Agriculture, forestry and fishing value added, % of GDP15.5%23.4%
Charges for the use of intellectual property, payments BoP$1.9M$2.3M
Charges for the use of intellectual property, receipts BoPN/A$12k
Expense, % of GDP16.7%17.9%
Government Expenditure, % of GDP27.4%26.7%

Compare with countries close by GDP per capita

Nicaragua vs

CountryGDP
per capita
Population
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
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

Togo 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
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
Somalia
$315
11M