Paraguay vs Sierra Leone: Economic Indicators Comparison

Paraguay with a GDP of $40.5B ranked the 94th largest economy in the world, while Sierra Leone ranked 161st with $4.1B. By GDP 5-years average growth and GDP per capita, Paraguay and Sierra Leone ranked 50th vs 170th and 104th vs 189th, respectively.

Gross Domestic Product & Income

StatParaguaySierra Leone
GDP$40.5B$4.1B
GDP growth, 1 year3.7%3.7%
GDP growth, 5-years average4.2%-0.4%
Population6.8M7.6M
GDP per capita$5.8k$534
GDP per capita growth2.35%1.26%
Purchasing Power Parity conversion factor2453.782643.88
Price level ratio of PPP conversion factor GDP to market exchange rate0.430.33
GDP per capita, PPP adjusted$13k$1.6k
GNI, Atlas method$39.4B$3.7B
GNI per capita$5.7k$490
GNI, PPP adjusted$91.9B$11.4B
GNI per capita, PPP adjusted$13k$1.5k

Financial system and Human development

StatParaguaySierra Leone
Income Tax Rate10%15%
Corporate Tax Rate10%30%
Inflation, consumer prices4%16.9%
Inflation, GDP deflator2.1%13.4%
Unemployment4.7%4.3%
Economic Freedom Index6348
Personal Freedom Index7.36.55
Human Freedom Index7.026.24
Property Rights Index44.740.7
Judical Effectiveness Index26.439.4
Business Freedom Index60.950.1
Fiscal Health Index989.8
Labor Freedom Index2929.7
Investment Freedom Index7560
Financial Freedom Index6020
Trade Freedom Index75.469.4
Monetary Freedom Index72.564.2
Government Spending Index88.683.5
Tax Burden Index96.187.5
Government Integrity Index29.621.8
Corruption Perceptions Index2930
Life expectancy at birth, years7453.9
Suicide mortality rate, per 100,000 people9.59.7
Mortality caused by road traffic injury, per 100,000 people22.727.3
Intentional homicides, per 100,000 people9.31.7
International tourism, number of arrivals1.2M57k

Government debt & reserves

StatParaguaySierra Leone
Central government debt, % of GDP21.6%71.3%
External debt stocks, % of GNI39.9%45.1%
External debt stocks$15.8B$1.7B
Short-term debt, % of total reserves60%37.5%
Total debt service, % of exports and primary income15.7%7.2%
Adjusted net savings including particulate emission damage, % of GNI14.5%-33.5%
Gross savings, % of GDP23.2%-7.3%
Gross capital formation, % of GDP22.4%13.6%
Total reserves including gold$7.7B$502.6M
Foreign direct investment net inflows$386.9M$217.8M

Exports, imports and economic structure

StatParaguaySierra Leone
Exports of goods and services, % of GDP36%17.5%
Imports of goods and services, % of GDP34.4%39.2%
Current account balance (balance of payments)$8.6M-$646.1M
Revenue excluding grants, % of GDP17.4%N/A
Grants excluding technical cooperation, BoP$64.1M$375.1M
Personal remittances received$682.9M$62.1M
Industry including construction value added, % of GDP33.9%5.3%
Agriculture, forestry and fishing value added, % of GDP10.4%58.9%
Charges for the use of intellectual property, payments BoP$18.5M$892k
Charges for the use of intellectual property, receipts BoP$114.1M$5.8M
Expense, % of GDP15.6%N/A
Government Expenditure, % of GDP19.5%23.4%

Compare with countries close by GDP per capita

Paraguay vs

CountryGDP
per capita
Population
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
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
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M

Sierra Leone vs

CountryGDP
per capita
Population
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
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M
Niger
$414
21.5M
Malawi
$389
18.6M
Somalia
$315
11M