Pakistan vs Papua New Guinea: Economic Indicators Comparison

Pakistan with a GDP of $314.6B ranked the 41st largest economy in the world, while Papua New Guinea ranked 114th with $23.5B. By GDP 5-years average growth and GDP per capita, Pakistan and Papua New Guinea ranked 40th vs 32nd and 162nd vs 137th, respectively.

Gross Domestic Product & Income

StatPakistanPapua New Guinea
GDP$314.6B$23.5B
GDP growth, 1 year5.2%0%
GDP growth, 5-years average4.7%5%
Population197M8.3M
GDP per capita$1.5k$2.7k
GDP per capita growth3.68%-2.76%
Purchasing Power Parity conversion factor29.32.06
Price level ratio of PPP conversion factor GDP to market exchange rate0.270.63
GDP per capita, PPP adjusted$5.7k$3.7k
GNI, Atlas method$337.1B$22.1B
GNI per capita$1.6k$2.6k
GNI, PPP adjusted$1.2T$36.3B
GNI per capita, PPP adjusted$5.9k$4.2k

Financial system and Human development

StatPakistanPapua New Guinea
Income Tax Rate30%42%
Corporate Tax Rate30%30%
Inflation, consumer prices3.9%4.7%
Inflation, GDP deflator2.5%7.1%
Unemployment3%2.4%
Economic Freedom Index54.858.4
Personal Freedom Index5.027.24
Human Freedom Index5.446.99
Property Rights Index48.354.9
Judical Effectiveness Index43.248.4
Business Freedom Index54.958.4
Fiscal Health Index40.476.4
Labor Freedom Index41.369.6
Investment Freedom Index5525
Financial Freedom Index4030
Trade Freedom Index64.879.8
Monetary Freedom Index72.570.7
Government Spending Index86.886.4
Tax Burden Index80.471.5
Government Integrity Index29.729.7
Corruption Perceptions Index3328
Life expectancy at birth, years66.964
Suicide mortality rate, per 100,000 people2.96
Mortality caused by road traffic injury, per 100,000 people14.314.2
Intentional homicides, per 100,000 people4.27.9
International tourism, number of arrivals966k140k

Government debt & reserves

StatPakistanPapua New Guinea
Central government debt, % of GDP72.1%36.9%
External debt stocks, % of GNI27.6%78.4%
External debt stocks$91B$17.7B
Short-term debt, % of total reserves70.1%20.6%
Total debt service, % of exports and primary income19.9%26.1%
Adjusted net savings including particulate emission damage, % of GNI12.7%4.9%
Gross savings, % of GDP18.8%30.4%
Gross capital formation, % of GDP16.7%20%
Total reserves including gold$11.8B$2.2B
Foreign direct investment net inflows$2.4B$335.2M

Exports, imports and economic structure

StatPakistanPapua New Guinea
Exports of goods and services, % of GDP8.8%72.2%
Imports of goods and services, % of GDP19.7%58.9%
Current account balance (balance of payments)-$19.2B$5.5B
Revenue excluding grants, % of GDPN/A15.9%
Grants excluding technical cooperation, BoP$1.5B$268.9M
Personal remittances received$21.2B$2.9M
Industry including construction value added, % of GDP18%36.4%
Agriculture, forestry and fishing value added, % of GDP22.9%17.6%
Charges for the use of intellectual property, payments BoP$189M$139k
Charges for the use of intellectual property, receipts BoP$7MN/A
Expense, % of GDPN/A19.1%
Government Expenditure, % of GDP21%21.3%

Compare with countries close by GDP per capita

Pakistan vs

CountryGDP
per capita
Population
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
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
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
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

Papua New Guinea vs

CountryGDP
per capita
Population
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
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
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M