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Papua New Guinea vs Russia: Economic Indicators Comparison

Russia with a GDP of $1.7T ranked the 11th largest economy in the world, while Papua New Guinea ranked 114th with $23.5B. By GDP 5-years average growth and GDP per capita, Russia and Papua New Guinea ranked 162nd vs 32nd and 68th vs 137th, respectively.

Gross Domestic Product & Income

StatPapua New GuineaRussia
GDP$23.5B$1.7T
GDP growth, 1 year0%2.3%
GDP growth, 5-years average5%0.5%
Population7.3M146.8M
GDP per capita$2.7k$11k
GDP per capita growth-2.76%2.26%
Purchasing Power Parity conversion factor2.0625.64
Price level ratio of PPP conversion factor GDP to market exchange rate0.630.41
GDP per capita, PPP adjusted$3.7k$29k
GNI, Atlas method$22.1B$1.5T
GNI per capita$2.6k$10k
GNI, PPP adjusted$36.3B$3.9T
GNI per capita, PPP adjusted$4.2k$26k

Financial system and Human development

StatPapua New GuineaRussia
Income Tax Rate42%13%
Corporate Tax Rate30%20%
Inflation, consumer prices4.7%2.9%
Inflation, GDP deflator7.1%10.3%
Unemployment2.4%4.7%
Economic Freedom Index58.461
Personal Freedom Index7.246.56
Human Freedom Index6.996.49
Property Rights Index54.956.8
Judical Effectiveness Index48.444.4
Business Freedom Index58.480.2
Fiscal Health Index76.498.7
Labor Freedom Index69.652.1
Investment Freedom Index2530
Financial Freedom Index3030
Trade Freedom Index79.877.8
Monetary Freedom Index70.768.2
Government Spending Index86.463.8
Tax Burden Index71.588.5
Government Integrity Index29.741.3
Corruption Perceptions Index2828
Life expectancy at birth, years6472.1
Suicide mortality rate, per 100,000 people631
Mortality caused by road traffic injury, per 100,000 people14.218
Intentional homicides, per 100,000 people7.99.2
International tourism, number of arrivals140k24.6M

Government debt & reserves

StatPapua New GuineaRussia
Central government debt, % of GDP36.9%14%
External debt stocks, % of GNI78.4%28.1%
External debt stocks$17.7B$453.9B
Short-term debt, % of total reserves20.6%10.3%
Total debt service, % of exports and primary income26.1%19.6%
Adjusted net savings including particulate emission damage, % of GNI4.9%8%
Gross savings, % of GDP30.4%30.2%
Gross capital formation, % of GDP20%22.7%
Total reserves including gold$2.2B$468.6B
Foreign direct investment net inflows$335.2M$8.8B

Exports, imports and economic structure

StatPapua New GuineaRussia
Exports of goods and services, % of GDP72.2%30.7%
Imports of goods and services, % of GDP58.9%20.8%
Current account balance (balance of payments)$5.5B$113.5B
Revenue excluding grants, % of GDP15.9%27.5%
Grants excluding technical cooperation, BoP$268.9M$658.1M
Personal remittances received$2.9M$8.6B
Industry including construction value added, % of GDP36.4%32.1%
Agriculture, forestry and fishing value added, % of GDP17.6%3.1%
Charges for the use of intellectual property, payments BoP$139k$6.3B
Charges for the use of intellectual property, receipts BoPN/A$876.1M
Expense, % of GDP19.1%28.9%
Government Expenditure, % of GDP21.3%34.7%

Compare with countries close by GDP per capita

Papua New Guinea vs

CountryGDP
per capita
Population
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
52.6k
Tuvalu
$3.7k
9.88k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
754k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
101M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
850k
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.77M
Honduras
$2.5k
8.1M
Ghana
$2.2k
28.3M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
14.1M
Solomon Islands
$2.1k
561k
East Timor
$2k
1.18M
Syria
$2k
19.8M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.35B
Sao Tome and Principe
$2k
193k
Ivory Coast
$1.7k
20.3M

Russia vs

CountryGDP
per capita
Population
Trinidad and Tobago
$17k
1.34M
Antigua and Barbuda
$17k
101k
Seychelles
$16k
95.8k
Oman
$16k
3.63M
Hungary
$16k
9.97M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
20.9k
Panama
$16k
3.86M
Poland
$15k
38.5M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.87M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
345k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M