Paraguay vs Vietnam: Economic Indicators Comparison

Vietnam with a GDP of $245.2B ranked the 47th largest economy in the world, while Paraguay ranked 94th with $40.5B. By GDP 5-years average growth and GDP per capita, Vietnam and Paraguay ranked 17th vs 50th and 138th vs 104th, respectively.

Gross Domestic Product & Income

StatParaguayVietnam
GDP$40.5B$245.2B
GDP growth, 1 year3.7%7.1%
GDP growth, 5-years average4.2%6.6%
Population6.8M94.7M
GDP per capita$5.8k$2.6k
GDP per capita growth2.35%6.02%
Purchasing Power Parity conversion factor2453.787788.91
Price level ratio of PPP conversion factor GDP to market exchange rate0.430.34
GDP per capita, PPP adjusted$13k$7.5k
GNI, Atlas method$39.4B$225.9B
GNI per capita$5.7k$2.4k
GNI, PPP adjusted$91.9B$661.8B
GNI per capita, PPP adjusted$13k$6.9k

Financial system and Human development

StatParaguayVietnam
Income Tax Rate10%35%
Corporate Tax Rate10%22%
Inflation, consumer prices4%3.5%
Inflation, GDP deflator2.1%3.4%
Unemployment4.7%1.9%
Economic Freedom Index6358.8
Personal Freedom Index7.36.65
Human Freedom Index7.026.31
Property Rights Index44.752.6
Judical Effectiveness Index26.440.1
Business Freedom Index60.965.6
Fiscal Health Index9858
Labor Freedom Index2962.5
Investment Freedom Index7540
Financial Freedom Index6050
Trade Freedom Index75.479.6
Monetary Freedom Index72.568.2
Government Spending Index88.675.9
Tax Burden Index96.179.5
Government Integrity Index29.633.8
Corruption Perceptions Index2933
Life expectancy at birth, years7475.2
Suicide mortality rate, per 100,000 people9.57.3
Mortality caused by road traffic injury, per 100,000 people22.726.4
Intentional homicides, per 100,000 people9.31.5
International tourism, number of arrivals1.2M15.5M

Government debt & reserves

StatParaguayVietnam
Central government debt, % of GDP21.6%57.5%
External debt stocks, % of GNI39.9%46.7%
External debt stocks$15.8B$108.1B
Short-term debt, % of total reserves60%35.3%
Total debt service, % of exports and primary income15.7%7.1%
Adjusted net savings including particulate emission damage, % of GNI14.5%13.4%
Gross savings, % of GDP23.2%22.6%
Gross capital formation, % of GDP22.4%26.5%
Total reserves including gold$7.7B$55.5B
Foreign direct investment net inflows$386.9M$15.5B

Exports, imports and economic structure

StatParaguayVietnam
Exports of goods and services, % of GDP36%105.8%
Imports of goods and services, % of GDP34.4%102.5%
Current account balance (balance of payments)$8.6M$5.9B
Revenue excluding grants, % of GDP17.4%N/A
Grants excluding technical cooperation, BoP$64.1M$411.2M
Personal remittances received$682.9M$15.9B
Industry including construction value added, % of GDP33.9%34.2%
Agriculture, forestry and fishing value added, % of GDP10.4%14.7%
Charges for the use of intellectual property, payments BoP$18.5MN/A
Charges for the use of intellectual property, receipts BoP$114.1MN/A
Expense, % of GDP15.6%N/A
Government Expenditure, % of GDP19.5%28.3%

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

Vietnam vs

CountryGDP
per capita
Population
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M