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Romania vs South Africa: Economic Indicators Comparison

South Africa with a GDP of $368.3B ranked the 35th largest economy in the world, while Romania ranked 49th with $239.6B. By GDP 5-years average growth and GDP per capita, South Africa and Romania ranked 151st vs 42nd and 95th vs 64th, respectively.

Gross Domestic Product & Income

StatRomaniaSouth Africa
GDP$239.6B$368.3B
GDP growth, 1 year4.1%0.8%
GDP growth, 5-years average4.6%1.1%
Population19.6M57.7M
GDP per capita$12k$6.4k
GDP per capita growth4.56%-0.57%
Purchasing Power Parity conversion factor1.726.16
Price level ratio of PPP conversion factor GDP to market exchange rate0.440.47
GDP per capita, PPP adjusted$26k$14k
GNI, Atlas method$219.9B$332.3B
GNI per capita$11k$5.8k
GNI, PPP adjusted$535.9B$765.8B
GNI per capita, PPP adjusted$28k$13k

Financial system and Human development

StatRomaniaSouth Africa
Income Tax Rate10%45%
Corporate Tax Rate16%28%
Inflation, consumer prices4.6%4.6%
Inflation, GDP deflator5.9%3.9%
Unemployment4.3%27%
Economic Freedom Index69.758.8
Personal Freedom Index8.746.92
Human Freedom Index86.78
Property Rights Index72.558.4
Judical Effectiveness Index56.138
Business Freedom Index58.662
Fiscal Health Index85.664
Labor Freedom Index6358.8
Investment Freedom Index7045
Financial Freedom Index5050
Trade Freedom Index86.475.8
Monetary Freedom Index78.175.9
Government Spending Index70.467.4
Tax Burden Index90.363.7
Government Integrity Index55.146.6
Corruption Perceptions Index4743
Life expectancy at birth, years75.363.5
Suicide mortality rate, per 100,000 people10.411.6
Mortality caused by road traffic injury, per 100,000 people10.325.9
Intentional homicides, per 100,000 people1.535.9
International tourism, number of arrivals11.7M10.5M

Government debt & reserves

StatRomaniaSouth Africa
Central government debt, % of GDP36.6%56.7%
External debt stocks, % of GNI48%50.6%
External debt stocks$112.1B$179.3B
Short-term debt, % of total reserves37.7%70.9%
Total debt service, % of exports and primary income20.8%19.9%
Adjusted net savings including particulate emission damage, % of GNI3.4%0.6%
Gross savings, % of GDP19.7%14.9%
Gross capital formation, % of GDP24.2%17.9%
Total reserves including gold$42.1B$51.6B
Foreign direct investment net inflows$7.3B$5.5B

Exports, imports and economic structure

StatRomaniaSouth Africa
Exports of goods and services, % of GDP41.6%29.9%
Imports of goods and services, % of GDP44.9%29.6%
Current account balance (balance of payments)-$10.9B-$13.4B
Revenue excluding grants, % of GDP28.6%30.9%
Grants excluding technical cooperation, BoP$736M$817.9M
Personal remittances received$7B$929M
Industry including construction value added, % of GDP29%25.9%
Agriculture, forestry and fishing value added, % of GDP4.3%2.2%
Charges for the use of intellectual property, payments BoP$962.4M$1.8B
Charges for the use of intellectual property, receipts BoP$100.8M$120.7M
Expense, % of GDP31.6%34.4%
Government Expenditure, % of GDP31.4%33%

Compare with countries close by GDP per capita

Romania vs

CountryGDP
per capita
Population
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
Oman
$16k
3.63M
Hungary
$16k
9.97M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
20.9k
Panama
$16k
3.86M
Poland
$15k
38.5M
Croatia
$15k
4.11M
Costa Rica
$12k
4.87M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
345k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M

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