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Portugal vs South Africa: Economic Indicators Comparison

South Africa with a GDP of $368.3B ranked the 35th largest economy in the world, while Portugal ranked 48th with $240.7B. By GDP 5-years average growth and GDP per capita, South Africa and Portugal ranked 151st vs 135th and 95th vs 40th, respectively.

Gross Domestic Product & Income

StatPortugalSouth Africa
GDP$240.7B$368.3B
GDP growth, 1 year2.1%0.8%
GDP growth, 5-years average1.9%1.1%
Population10.6M57.7M
GDP per capita$23k$6.4k
GDP per capita growth2.63%-0.57%
Purchasing Power Parity conversion factor0.596.16
Price level ratio of PPP conversion factor GDP to market exchange rate0.70.47
GDP per capita, PPP adjusted$32k$14k
GNI, Atlas method$226.1B$332.3B
GNI per capita$22k$5.8k
GNI, PPP adjusted$336B$765.8B
GNI per capita, PPP adjusted$33k$13k

Financial system and Human development

StatPortugalSouth Africa
Income Tax Rate48%45%
Corporate Tax Rate23%28%
Inflation, consumer prices1.2%4.6%
Inflation, GDP deflator1.6%3.9%
Unemployment6.9%27%
Economic Freedom Index6758.8
Personal Freedom Index8.996.92
Human Freedom Index8.116.78
Property Rights Index75.458.4
Judical Effectiveness Index65.638
Business Freedom Index76.562
Fiscal Health Index74.464
Labor Freedom Index44.158.8
Investment Freedom Index7045
Financial Freedom Index6050
Trade Freedom Index86.475.8
Monetary Freedom Index8375.9
Government Spending Index39.867.4
Tax Burden Index59.663.7
Government Integrity Index68.946.6
Corruption Perceptions Index6443
Life expectancy at birth, years81.163.5
Suicide mortality rate, per 100,000 people1411.6
Mortality caused by road traffic injury, per 100,000 people7.425.9
Intentional homicides, per 100,000 people0.735.9
International tourism, number of arrivals16.2M10.5M

Government debt & reserves

StatPortugalSouth Africa
Central government debt, % of GDP121.4%56.7%
External debt stocks, % of GNIN/A50.6%
External debt stocksN/A$179.3B
Short-term debt, % of total reservesN/A70.9%
Total debt service, % of exports and primary incomeN/A19.9%
Adjusted net savings including particulate emission damage, % of GNI3.4%0.6%
Gross savings, % of GDP18%14.9%
Gross capital formation, % of GDP18.1%17.9%
Total reserves including gold$24.9B$51.6B
Foreign direct investment net inflows$6.4B$5.5B

Exports, imports and economic structure

StatPortugalSouth Africa
Exports of goods and services, % of GDP43.5%29.9%
Imports of goods and services, % of GDP43.4%29.6%
Current account balance (balance of payments)$956.9M-$13.4B
Revenue excluding grants, % of GDP37.5%30.9%
Grants excluding technical cooperation, BoPN/A$817.9M
Personal remittances received$503.8M$929M
Industry including construction value added, % of GDP19.2%25.9%
Agriculture, forestry and fishing value added, % of GDP2.1%2.2%
Charges for the use of intellectual property, payments BoP$850.5M$1.8B
Charges for the use of intellectual property, receipts BoP$118.9M$120.7M
Expense, % of GDP41.4%34.4%
Government Expenditure, % of GDP44.8%33%

Compare with countries close by GDP per capita

Portugal vs

CountryGDP
per capita
Population
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k
Brunei
$32k
418k
South Korea
$31k
51.1M
Spain
$30k
46.5M
Malta
$30k
423k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.33M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.6M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.44M
Saint Kitts and Nevis
$19k
54.2k
Lithuania
$19k
2.79M
Barbados
$18k
285k
Latvia
$18k
1.95M
Uruguay
$17k
3.41M
Trinidad and Tobago
$17k
1.34M
Antigua and Barbuda
$17k
101k
Seychelles
$16k
95.8k

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
Paraguay
$5.8k
6.8M
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