Pakistan vs Serbia: Economic Indicators Comparison

Pakistan with a GDP of $314.6B ranked the 41st largest economy in the world, while Serbia ranked 84th with $50.6B. By GDP 5-years average growth and GDP per capita, Pakistan and Serbia ranked 40th vs 131st and 162nd vs 90th, respectively.

Gross Domestic Product & Income

StatPakistanSerbia
GDP$314.6B$50.6B
GDP growth, 1 year5.2%4.4%
GDP growth, 5-years average4.7%2%
Population197M7M
GDP per capita$1.5k$7.2k
GDP per capita growth3.68%4.97%
Purchasing Power Parity conversion factor29.341.64
Price level ratio of PPP conversion factor GDP to market exchange rate0.270.42
GDP per capita, PPP adjusted$5.7k$18k
GNI, Atlas method$337.1B$44.6B
GNI per capita$1.6k$6.4k
GNI, PPP adjusted$1.2T$115.5B
GNI per capita, PPP adjusted$5.9k$17k

Financial system and Human development

StatPakistanSerbia
Income Tax Rate30%10%
Corporate Tax Rate30%15%
Inflation, consumer prices3.9%2%
Inflation, GDP deflator2.5%2.1%
Unemployment3%13.5%
Economic Freedom Index54.866
Personal Freedom Index5.027.84
Human Freedom Index5.447.19
Property Rights Index48.355.4
Judical Effectiveness Index43.246.8
Business Freedom Index54.972.6
Fiscal Health Index40.494.1
Labor Freedom Index41.366.9
Investment Freedom Index5570
Financial Freedom Index4050
Trade Freedom Index64.878
Monetary Freedom Index72.580.7
Government Spending Index86.849.7
Tax Burden Index80.483.7
Government Integrity Index29.744
Corruption Perceptions Index3339
Life expectancy at birth, years66.976.1
Suicide mortality rate, per 100,000 people2.915.6
Mortality caused by road traffic injury, per 100,000 people14.37.4
Intentional homicides, per 100,000 people4.21.1
International tourism, number of arrivals966k1.7M

Government debt & reserves

StatPakistanSerbia
Central government debt, % of GDP72.1%54.3%
External debt stocks, % of GNI27.6%71.7%
External debt stocks$91B$34.3B
Short-term debt, % of total reserves70.1%16.4%
Total debt service, % of exports and primary income19.9%22.3%
Adjusted net savings including particulate emission damage, % of GNI12.7%-3.2%
Gross savings, % of GDP18.8%18.6%
Gross capital formation, % of GDP16.7%22.7%
Total reserves including gold$11.8B$12.9B
Foreign direct investment net inflows$2.4B$4.1B

Exports, imports and economic structure

StatPakistanSerbia
Exports of goods and services, % of GDP8.8%50.8%
Imports of goods and services, % of GDP19.7%59.3%
Current account balance (balance of payments)-$19.2B-$2.6B
Revenue excluding grants, % of GDPN/A32.8%
Grants excluding technical cooperation, BoP$1.5B$334.6M
Personal remittances received$21.2B$4.3B
Industry including construction value added, % of GDP18%25.5%
Agriculture, forestry and fishing value added, % of GDP22.9%6.3%
Charges for the use of intellectual property, payments BoP$189M$289.7M
Charges for the use of intellectual property, receipts BoP$7M$57.9M
Expense, % of GDPN/A36.9%
Government Expenditure, % of GDP21%40.9%

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

Serbia vs

CountryGDP
per capita
Population
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
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
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M