Papua New Guinea vs South Sudan: Economic Indicators Comparison

Papua New Guinea with a GDP of $23.5B ranked the 114th largest economy in the world, while South Sudan ranked 138th with $12B. By GDP per capita, Papua New Guinea and South Sudan ranked 137th vs 168th, respectively.

Gross Domestic Product & Income

Stat	Papua New Guinea	South Sudan
GDP	$23.5B	$12B
GDP growth, 1 year	0%	-10.79%
GDP growth, 5-years average	5%	N/A
Population	8.3M	12.6M
GDP per capita	$2.7k	$1.1k
GDP per capita growth	-2.76%	-12.13%
Purchasing Power Parity conversion factor	2.06	2.03
Price level ratio of PPP conversion factor GDP to market exchange rate	0.63	0.69
GDP per capita, PPP adjusted	$3.7k	$1.9k
GNI, Atlas method	$22.1B	$12.2B
GNI per capita	$2.6k	$1.1k
GNI, PPP adjusted	$36.3B	$18.2B
GNI per capita, PPP adjusted	$4.2k	$1.7k

Financial system and Human development

Stat	Papua New Guinea	South Sudan
Income Tax Rate	42%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	4.7%	187.9%
Inflation, GDP deflator	7.1%	17.7%
Unemployment	2.4%	12.1%
Economic Freedom Index	58.4	41
Personal Freedom Index	7.24	3.7
Human Freedom Index	6.99	3.6
Property Rights Index	54.9	N/A
Judical Effectiveness Index	48.4	N/A
Business Freedom Index	58.4	N/A
Fiscal Health Index	76.4	N/A
Labor Freedom Index	69.6	N/A
Investment Freedom Index	25	N/A
Financial Freedom Index	30	N/A
Trade Freedom Index	79.8	N/A
Monetary Freedom Index	70.7	N/A
Government Spending Index	86.4	N/A
Tax Burden Index	71.5	N/A
Government Integrity Index	29.7	N/A
Corruption Perceptions Index	28	13
Life expectancy at birth, years	64	57.4
Suicide mortality rate, per 100,000 people	6	3.7
Mortality caused by road traffic injury, per 100,000 people	14.2	29.9
Intentional homicides, per 100,000 people	7.9	13.9
International tourism, number of arrivals	140k	N/A

Government debt & reserves

Stat	Papua New Guinea	South Sudan
Central government debt, % of GDP	36.9%	N/A
External debt stocks, % of GNI	78.4%	N/A
External debt stocks	$17.7B	N/A
Short-term debt, % of total reserves	20.6%	N/A
Total debt service, % of exports and primary income	26.1%	N/A
Adjusted net savings including particulate emission damage, % of GNI	4.9%	N/A
Gross savings, % of GDP	30.4%	9.8%
Gross capital formation, % of GDP	20%	5.8%
Total reserves including gold	$2.2B	$68.2M
Foreign direct investment net inflows	$335.2M	$60.1M

Exports, imports and economic structure

Stat	Papua New Guinea	South Sudan
Exports of goods and services, % of GDP	72.2%	36.7%
Imports of goods and services, % of GDP	58.9%	28.9%
Current account balance (balance of payments)	$5.5B	-$315.6M
Revenue excluding grants, % of GDP	15.9%	N/A
Grants excluding technical cooperation, BoP	$268.9M	$1.5B
Personal remittances received	$2.9M	$1.3B
Industry including construction value added, % of GDP	36.4%	33.1%
Agriculture, forestry and fishing value added, % of GDP	17.6%	10.4%
Charges for the use of intellectual property, payments BoP	$139k	$830k
Charges for the use of intellectual property, receipts BoP	N/A	$24.4M
Expense, % of GDP	19.1%	N/A
Government Expenditure, % of GDP	21.3%	N/A