The Palestine vs Slovakia: Economic Indicators Comparison
Slovakia with a GDP of $105.9B ranked the 62nd largest economy in the world, while the Palestine ranked 125th with $14.6B. By GDP per capita, Slovakia and the Palestine ranked 47th vs 132nd, respectively.
Gross Domestic Product & Income
| Stat |  Palestine |  Slovakia |
|---|---|---|
| GDP | $14.6B | $105.9B |
| GDP growth, 1 year | 0.91% | 4.1% |
| GDP growth, 5-years average | N/A | 3.5% |
| Population | 4.7M | 5.4M |
| GDP per capita | $3.2k | $19k |
| GDP per capita growth | -1.62% | 3.89% |
| Purchasing Power Parity conversion factor | 2.23 | 0.49 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.62 | 0.58 |
| GDP per capita, PPP adjusted | $5.2k | $35k |
| GNI, Atlas method | $17B | $99.5B |
| GNI per capita | $3.7k | $18k |
| GNI, PPP adjusted | $27.4B | $180.1B |
| GNI per capita, PPP adjusted | $6k | $33k |
Financial system and Human development
| Stat | Palestine | Slovakia |
|---|---|---|
| Income Tax Rate | N/A | 25% |
| Corporate Tax Rate | N/A | 21% |
| Inflation, consumer prices | -0.2% | 2.5% |
| Inflation, GDP deflator | -0.1% | 2% |
| Unemployment | 26.3% | 6.8% |
| Economic Freedom Index | 30 | 66.8 |
| Personal Freedom Index | 4.1 | 8.87 |
| Human Freedom Index | 4 | 8.29 |
| Property Rights Index | N/A | 73.1 |
| Judical Effectiveness Index | N/A | 41.7 |
| Business Freedom Index | N/A | 55.3 |
| Fiscal Health Index | N/A | 92.6 |
| Labor Freedom Index | N/A | 52.6 |
| Investment Freedom Index | N/A | 75 |
| Financial Freedom Index | N/A | 70 |
| Trade Freedom Index | N/A | 86.4 |
| Monetary Freedom Index | N/A | 75.9 |
| Government Spending Index | N/A | 50.2 |
| Tax Burden Index | N/A | 78.5 |
| Government Integrity Index | N/A | 49.7 |
| Corruption Perceptions Index | 18 | 50 |
| Life expectancy at birth, years | 73.7 | 77.2 |
| Suicide mortality rate, per 100,000 people | 4.3 | 12.8 |
| Mortality caused by road traffic injury, per 100,000 people | 19.5 | 6.1 |
| Intentional homicides, per 100,000 people | 0.7 | 1.5 |
| International tourism, number of arrivals | 606k | 2.3M |
Government debt & reserves
| Stat | Palestine | Slovakia |
|---|---|---|
| Central government debt, % of GDP | N/A | 48.8% |
| External debt stocks, % of GNI | N/A | N/A |
| External debt stocks | N/A | N/A |
| Short-term debt, % of total reserves | N/A | N/A |
| Total debt service, % of exports and primary income | N/A | N/A |
| Adjusted net savings including particulate emission damage, % of GNI | N/A | 5.6% |
| Gross savings, % of GDP | 12.6% | 22.1% |
| Gross capital formation, % of GDP | 24.2% | 23.4% |
| Total reserves including gold | $537.8M | $5.2B |
| Foreign direct investment net inflows | $262.5M | $2.6B |
Exports, imports and economic structure
| Stat | Palestine | Slovakia |
|---|---|---|
| Exports of goods and services, % of GDP | 19.9% | 96.1% |
| Imports of goods and services, % of GDP | 59.7% | 94.1% |
| Current account balance (balance of payments) | -$1.7B | -$2.8B |
| Revenue excluding grants, % of GDP | 6.9% | 37.7% |
| Grants excluding technical cooperation, BoP | $2.1B | $183.9M |
| Personal remittances received | $2.5B | $2.1B |
| Industry including construction value added, % of GDP | 19.6% | 30.1% |
| Agriculture, forestry and fishing value added, % of GDP | 3.2% | 2.4% |
| Charges for the use of intellectual property, payments BoP | $1.4M | $749.1M |
| Charges for the use of intellectual property, receipts BoP | $1.6k | $55.5M |
| Expense, % of GDP | 8.3% | 39% |
| Government Expenditure, % of GDP | N/A | 40.8% |
