Oman vs Rwanda: Economic Indicators Comparison

Oman with a GDP of $79.3B ranked the 69th largest economy in the world, while Rwanda ranked 145th with $9.5B. By GDP 5-years average growth and GDP per capita, Oman and Rwanda ranked 114th vs 7th and 56th vs 180th, respectively.

Gross Domestic Product & Income

StatOmanRwanda
GDP$79.3B$9.5B
GDP growth, 1 year2.1%8.6%
GDP growth, 5-years average2.4%7.4%
Population4.8M12.2M
GDP per capita$16k$773
GDP per capita growth-1.68%5.77%
Purchasing Power Parity conversion factor0.15295.65
Price level ratio of PPP conversion factor GDP to market exchange rate0.390.34
GDP per capita, PPP adjusted$47k$2.3k
GNI, Atlas method$73.1B$9.6B
GNI per capita$15k$780
GNI, PPP adjusted$201.3B$27.1B
GNI per capita, PPP adjusted$42k$2.2k

Financial system and Human development

StatOmanRwanda
Income Tax Rate0%30%
Corporate Tax Rate12%30%
Inflation, consumer prices0.9%1.4%
Inflation, GDP deflator10.3%-0.8%
Unemployment3.1%1%
Economic Freedom Index63.670.9
Personal Freedom Index5.557.34
Human Freedom Index6.37
Property Rights Index66.476.5
Judical Effectiveness Index66.278.3
Business Freedom Index74.660.3
Fiscal Health Index14.886.7
Labor Freedom Index56.981.8
Investment Freedom Index6560
Financial Freedom Index6040
Trade Freedom Index81.670.4
Monetary Freedom Index78.479.8
Government Spending Index36.279.8
Tax Burden Index98.479.2
Government Integrity Index64.657.6
Corruption Perceptions Index5256
Life expectancy at birth, years77.468.3
Suicide mortality rate, per 100,000 people3.96.7
Mortality caused by road traffic injury, per 100,000 people16.129.7
Intentional homicides, per 100,000 people0.52.5
International tourism, number of arrivals2.3M932k

Government debt & reserves

StatOmanRwanda
Central government debt, % of GDP50.9%40.7%
External debt stocks, % of GNIN/A58%
External debt stocksN/A$5.4B
Short-term debt, % of total reservesN/A8.5%
Total debt service, % of exports and primary incomeN/A12.6%
Adjusted net savings including particulate emission damage, % of GNI-11.3%-4.4%
Gross savings, % of GDP23.9%12.4%
Gross capital formation, % of GDP23.2%24.4%
Total reserves including gold$17.4B$1.2B
Foreign direct investment net inflows$6.3B$305.5M

Exports, imports and economic structure

StatOmanRwanda
Exports of goods and services, % of GDP58.3%17.4%
Imports of goods and services, % of GDP44.5%34.1%
Current account balance (balance of payments)-$4.3B-$746.9M
Revenue excluding grants, % of GDPN/A20%
Grants excluding technical cooperation, BoP$17M$621.4M
Personal remittances received$39M$260.5M
Industry including construction value added, % of GDP46.8%16.2%
Agriculture, forestry and fishing value added, % of GDP2.2%29%
Charges for the use of intellectual property, payments BoPN/AN/A
Charges for the use of intellectual property, receipts BoPN/AN/A
Expense, % of GDPN/A18.9%
Government Expenditure, % of GDP46.1%26%

Compare with countries close by GDP per capita

Oman vs

CountryGDP
per capita
Population
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
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
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
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

Rwanda vs

CountryGDP
per capita
Population
Lesotho
$1.3k
2.23M
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
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
Niger
$414
21.5M
Malawi
$389
18.6M