Niger vs Venezuela: Economic Indicators Comparison

Venezuela with a GDP of $482.4B ranked the 27th largest economy in the world, while Niger ranked 146th with $9.3B. By GDP 5-years average growth and GDP per capita, Venezuela and Niger ranked 181st vs 26th and 58th vs 194th, respectively.

Gross Domestic Product & Income

StatNigerVenezuela
GDP$9.3B$482.4B
GDP growth, 1 year5.2%-18%
GDP growth, 5-years average5.4%-12.2%
Population21.5M28.5M
GDP per capita$414$16k
GDP per capita growth2.5%-18.17%
Purchasing Power Parity conversion factor216.345.57
Price level ratio of PPP conversion factor GDP to market exchange rate0.390.89
GDP per capita, PPP adjusted$1.2k$8.8k
GNI, Atlas method$8.7B$392.9B
GNI per capita$390$13k
GNI, PPP adjusted$23.3B$352.8B
GNI per capita, PPP adjusted$1k$12k

Financial system and Human development

StatNigerVenezuela
Income Tax Rate35%34%
Corporate Tax Rate30%34%
Inflation, consumer prices3%929789.5%
Inflation, GDP deflator2.6%748.1%
Unemployment0.3%8.4%
Economic Freedom Index54.725.2
Personal Freedom Index6.676.33
Human Freedom Index65.27
Property Rights Index45.610.1
Judical Effectiveness Index42.612.6
Business Freedom Index55.430.8
Fiscal Health Index44.70
Labor Freedom Index47.927.7
Investment Freedom Index550
Financial Freedom Index4010
Trade Freedom Index61.258
Monetary Freedom Index74.80
Government Spending Index7966.3
Tax Burden Index76.772.8
Government Integrity Index33.414.6
Corruption Perceptions Index3418
Life expectancy at birth, years61.672.2
Suicide mortality rate, per 100,000 people4.63.7
Mortality caused by road traffic injury, per 100,000 people26.233.7
Intentional homicides, per 100,000 people4.456.3
International tourism, number of arrivals157k427k

Government debt & reserves

StatNigerVenezuela
Central government debt, % of GDP55.1%175.6%
External debt stocks, % of GNI36.1%33.9%
External debt stocks$3.3B$154.9B
Short-term debt, % of total reservesN/A421.1%
Total debt service, % of exports and primary income8.5%69%
Adjusted net savings including particulate emission damage, % of GNI5%7.2%
Gross savings, % of GDP20.2%8.9%
Gross capital formation, % of GDP37.1%-3.7%
Total reserves including goldN/A$9.8B
Foreign direct investment net inflows$2B$956M

Exports, imports and economic structure

StatNigerVenezuela
Exports of goods and services, % of GDP15.7%30.7%
Imports of goods and services, % of GDP33%36.4%
Current account balance (balance of payments)-$1.3B-$3.9B
Revenue excluding grants, % of GDP14.6%N/A
Grants excluding technical cooperation, BoP$881.8M$125.8M
Personal remittances received$296.7M$297.1M
Industry including construction value added, % of GDP15.5%37.2%
Agriculture, forestry and fishing value added, % of GDP39.2%5%
Charges for the use of intellectual property, payments BoP$2M$258M
Charges for the use of intellectual property, receipts BoP$6.2kN/A
Expense, % of GDP10.2%N/A
Government Expenditure, % of GDP26.5%33.5%

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

Venezuela vs

CountryGDP
per capita
Population
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
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
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
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M