Pakistan vs Venezuela: Economic Indicators Comparison

Venezuela with a GDP of $482.4B ranked the 27th largest economy in the world, while Pakistan ranked 41st with $314.6B. By GDP 5-years average growth and GDP per capita, Venezuela and Pakistan ranked 181st vs 40th and 58th vs 162nd, respectively.

Gross Domestic Product & Income

StatPakistanVenezuela
GDP$314.6B$482.4B
GDP growth, 1 year5.2%-18%
GDP growth, 5-years average4.7%-12.2%
Population197M28.5M
GDP per capita$1.5k$16k
GDP per capita growth3.68%-18.17%
Purchasing Power Parity conversion factor29.35.57
Price level ratio of PPP conversion factor GDP to market exchange rate0.270.89
GDP per capita, PPP adjusted$5.7k$8.8k
GNI, Atlas method$337.1B$392.9B
GNI per capita$1.6k$13k
GNI, PPP adjusted$1.2T$352.8B
GNI per capita, PPP adjusted$5.9k$12k

Financial system and Human development

StatPakistanVenezuela
Income Tax Rate30%34%
Corporate Tax Rate30%34%
Inflation, consumer prices3.9%929789.5%
Inflation, GDP deflator2.5%748.1%
Unemployment3%8.4%
Economic Freedom Index54.825.2
Personal Freedom Index5.026.33
Human Freedom Index5.445.27
Property Rights Index48.310.1
Judical Effectiveness Index43.212.6
Business Freedom Index54.930.8
Fiscal Health Index40.40
Labor Freedom Index41.327.7
Investment Freedom Index550
Financial Freedom Index4010
Trade Freedom Index64.858
Monetary Freedom Index72.50
Government Spending Index86.866.3
Tax Burden Index80.472.8
Government Integrity Index29.714.6
Corruption Perceptions Index3318
Life expectancy at birth, years66.972.2
Suicide mortality rate, per 100,000 people2.93.7
Mortality caused by road traffic injury, per 100,000 people14.333.7
Intentional homicides, per 100,000 people4.256.3
International tourism, number of arrivals966k427k

Government debt & reserves

StatPakistanVenezuela
Central government debt, % of GDP72.1%175.6%
External debt stocks, % of GNI27.6%33.9%
External debt stocks$91B$154.9B
Short-term debt, % of total reserves70.1%421.1%
Total debt service, % of exports and primary income19.9%69%
Adjusted net savings including particulate emission damage, % of GNI12.7%7.2%
Gross savings, % of GDP18.8%8.9%
Gross capital formation, % of GDP16.7%-3.7%
Total reserves including gold$11.8B$9.8B
Foreign direct investment net inflows$2.4B$956M

Exports, imports and economic structure

StatPakistanVenezuela
Exports of goods and services, % of GDP8.8%30.7%
Imports of goods and services, % of GDP19.7%36.4%
Current account balance (balance of payments)-$19.2B-$3.9B
Revenue excluding grants, % of GDPN/AN/A
Grants excluding technical cooperation, BoP$1.5B$125.8M
Personal remittances received$21.2B$297.1M
Industry including construction value added, % of GDP18%37.2%
Agriculture, forestry and fishing value added, % of GDP22.9%5%
Charges for the use of intellectual property, payments BoP$189M$258M
Charges for the use of intellectual property, receipts BoP$7MN/A
Expense, % of GDPN/AN/A
Government Expenditure, % of GDP21%33.5%

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

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