Niger vs Paraguay: Economic Indicators Comparison

Paraguay with a GDP of $40.5B ranked the 94th largest economy in the world, while Niger ranked 146th with $9.3B. By GDP 5-years average growth and GDP per capita, Paraguay and Niger ranked 50th vs 26th and 104th vs 194th, respectively.

Gross Domestic Product & Income

StatNigerParaguay
GDP$9.3B$40.5B
GDP growth, 1 year5.2%3.7%
GDP growth, 5-years average5.4%4.2%
Population21.5M6.8M
GDP per capita$414$5.8k
GDP per capita growth2.5%2.35%
Purchasing Power Parity conversion factor216.342453.78
Price level ratio of PPP conversion factor GDP to market exchange rate0.390.43
GDP per capita, PPP adjusted$1.2k$13k
GNI, Atlas method$8.7B$39.4B
GNI per capita$390$5.7k
GNI, PPP adjusted$23.3B$91.9B
GNI per capita, PPP adjusted$1k$13k

Financial system and Human development

StatNigerParaguay
Income Tax Rate35%10%
Corporate Tax Rate30%10%
Inflation, consumer prices3%4%
Inflation, GDP deflator2.6%2.1%
Unemployment0.3%4.7%
Economic Freedom Index54.763
Personal Freedom Index6.677.3
Human Freedom Index67.02
Property Rights Index45.644.7
Judical Effectiveness Index42.626.4
Business Freedom Index55.460.9
Fiscal Health Index44.798
Labor Freedom Index47.929
Investment Freedom Index5575
Financial Freedom Index4060
Trade Freedom Index61.275.4
Monetary Freedom Index74.872.5
Government Spending Index7988.6
Tax Burden Index76.796.1
Government Integrity Index33.429.6
Corruption Perceptions Index3429
Life expectancy at birth, years61.674
Suicide mortality rate, per 100,000 people4.69.5
Mortality caused by road traffic injury, per 100,000 people26.222.7
Intentional homicides, per 100,000 people4.49.3
International tourism, number of arrivals157k1.2M

Government debt & reserves

StatNigerParaguay
Central government debt, % of GDP55.1%21.6%
External debt stocks, % of GNI36.1%39.9%
External debt stocks$3.3B$15.8B
Short-term debt, % of total reservesN/A60%
Total debt service, % of exports and primary income8.5%15.7%
Adjusted net savings including particulate emission damage, % of GNI5%14.5%
Gross savings, % of GDP20.2%23.2%
Gross capital formation, % of GDP37.1%22.4%
Total reserves including goldN/A$7.7B
Foreign direct investment net inflows$2B$386.9M

Exports, imports and economic structure

StatNigerParaguay
Exports of goods and services, % of GDP15.7%36%
Imports of goods and services, % of GDP33%34.4%
Current account balance (balance of payments)-$1.3B$8.6M
Revenue excluding grants, % of GDP14.6%17.4%
Grants excluding technical cooperation, BoP$881.8M$64.1M
Personal remittances received$296.7M$682.9M
Industry including construction value added, % of GDP15.5%33.9%
Agriculture, forestry and fishing value added, % of GDP39.2%10.4%
Charges for the use of intellectual property, payments BoP$2M$18.5M
Charges for the use of intellectual property, receipts BoP$6.2k$114.1M
Expense, % of GDP10.2%15.6%
Government Expenditure, % of GDP26.5%19.5%

Compare with countries close by GDP per capita

Niger vs

CountryGDP
per capita
Population
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
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
Malawi
$389
18.6M
Somalia
$315
11M
Burundi
$272
10.9M

Paraguay vs

CountryGDP
per capita
Population
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
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
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
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M