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Paraguay vs South Africa: Economic Indicators Comparison

South Africa with a GDP of $368.3B ranked the 35th largest economy in the world, while Paraguay ranked 94th with $40.5B. By GDP 5-years average growth and GDP per capita, South Africa and Paraguay ranked 151st vs 50th and 95th vs 104th, respectively.

Gross Domestic Product & Income

StatParaguaySouth Africa
GDP$40.5B$368.3B
GDP growth, 1 year3.7%0.8%
GDP growth, 5-years average4.2%1.1%
Population6.8M57.7M
GDP per capita$5.8k$6.4k
GDP per capita growth2.35%-0.57%
Purchasing Power Parity conversion factor2453.786.16
Price level ratio of PPP conversion factor GDP to market exchange rate0.430.47
GDP per capita, PPP adjusted$13k$14k
GNI, Atlas method$39.4B$332.3B
GNI per capita$5.7k$5.8k
GNI, PPP adjusted$91.9B$765.8B
GNI per capita, PPP adjusted$13k$13k

Financial system and Human development

StatParaguaySouth Africa
Income Tax Rate10%45%
Corporate Tax Rate10%28%
Inflation, consumer prices4%4.6%
Inflation, GDP deflator2.1%3.9%
Unemployment4.7%27%
Economic Freedom Index6358.8
Personal Freedom Index7.36.92
Human Freedom Index7.026.78
Property Rights Index44.758.4
Judical Effectiveness Index26.438
Business Freedom Index60.962
Fiscal Health Index9864
Labor Freedom Index2958.8
Investment Freedom Index7545
Financial Freedom Index6050
Trade Freedom Index75.475.8
Monetary Freedom Index72.575.9
Government Spending Index88.667.4
Tax Burden Index96.163.7
Government Integrity Index29.646.6
Corruption Perceptions Index2943
Life expectancy at birth, years7463.5
Suicide mortality rate, per 100,000 people9.511.6
Mortality caused by road traffic injury, per 100,000 people22.725.9
Intentional homicides, per 100,000 people9.335.9
International tourism, number of arrivals1.2M10.5M

Government debt & reserves

StatParaguaySouth Africa
Central government debt, % of GDP21.6%56.7%
External debt stocks, % of GNI39.9%50.6%
External debt stocks$15.8B$179.3B
Short-term debt, % of total reserves60%70.9%
Total debt service, % of exports and primary income15.7%19.9%
Adjusted net savings including particulate emission damage, % of GNI14.5%0.6%
Gross savings, % of GDP23.2%14.9%
Gross capital formation, % of GDP22.4%17.9%
Total reserves including gold$7.7B$51.6B
Foreign direct investment net inflows$386.9M$5.5B

Exports, imports and economic structure

StatParaguaySouth Africa
Exports of goods and services, % of GDP36%29.9%
Imports of goods and services, % of GDP34.4%29.6%
Current account balance (balance of payments)$8.6M-$13.4B
Revenue excluding grants, % of GDP17.4%30.9%
Grants excluding technical cooperation, BoP$64.1M$817.9M
Personal remittances received$682.9M$929M
Industry including construction value added, % of GDP33.9%25.9%
Agriculture, forestry and fishing value added, % of GDP10.4%2.2%
Charges for the use of intellectual property, payments BoP$18.5M$1.8B
Charges for the use of intellectual property, receipts BoP$114.1M$120.7M
Expense, % of GDP15.6%34.4%
Government Expenditure, % of GDP19.5%33%

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
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
Ecuador
$6.3k
15.7M
Belarus
$6.3k
9.49M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M
Iraq
$5.8k
33.4M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
15.5M
Tonga
$4.4k
105k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
190k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M

South Africa vs

CountryGDP
per capita
Population
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
Ecuador
$6.3k
15.7M
Belarus
$6.3k
9.49M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M
Iraq
$5.8k
33.4M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M