Rwanda vs Sierra Leone: Economic Indicators Comparison

Rwanda with a GDP of $9.5B ranked the 145th largest economy in the world, while Sierra Leone ranked 161st with $4.1B. By GDP 5-years average growth and GDP per capita, Rwanda and Sierra Leone ranked 7th vs 170th and 180th vs 189th, respectively.

Gross Domestic Product & Income

StatRwandaSierra Leone
GDP$9.5B$4.1B
GDP growth, 1 year8.6%3.7%
GDP growth, 5-years average7.4%-0.4%
Population12.2M7.6M
GDP per capita$773$534
GDP per capita growth5.77%1.26%
Purchasing Power Parity conversion factor295.652643.88
Price level ratio of PPP conversion factor GDP to market exchange rate0.340.33
GDP per capita, PPP adjusted$2.3k$1.6k
GNI, Atlas method$9.6B$3.7B
GNI per capita$780$490
GNI, PPP adjusted$27.1B$11.4B
GNI per capita, PPP adjusted$2.2k$1.5k

Financial system and Human development

StatRwandaSierra Leone
Income Tax Rate30%15%
Corporate Tax Rate30%30%
Inflation, consumer prices1.4%16.9%
Inflation, GDP deflator-0.8%13.4%
Unemployment1%4.3%
Economic Freedom Index70.948
Personal Freedom Index7.346.55
Human Freedom Index76.24
Property Rights Index76.540.7
Judical Effectiveness Index78.339.4
Business Freedom Index60.350.1
Fiscal Health Index86.79.8
Labor Freedom Index81.829.7
Investment Freedom Index6060
Financial Freedom Index4020
Trade Freedom Index70.469.4
Monetary Freedom Index79.864.2
Government Spending Index79.883.5
Tax Burden Index79.287.5
Government Integrity Index57.621.8
Corruption Perceptions Index5630
Life expectancy at birth, years68.353.9
Suicide mortality rate, per 100,000 people6.79.7
Mortality caused by road traffic injury, per 100,000 people29.727.3
Intentional homicides, per 100,000 people2.51.7
International tourism, number of arrivals932k57k

Government debt & reserves

StatRwandaSierra Leone
Central government debt, % of GDP40.7%71.3%
External debt stocks, % of GNI58%45.1%
External debt stocks$5.4B$1.7B
Short-term debt, % of total reserves8.5%37.5%
Total debt service, % of exports and primary income12.6%7.2%
Adjusted net savings including particulate emission damage, % of GNI-4.4%-33.5%
Gross savings, % of GDP12.4%-7.3%
Gross capital formation, % of GDP24.4%13.6%
Total reserves including gold$1.2B$502.6M
Foreign direct investment net inflows$305.5M$217.8M

Exports, imports and economic structure

StatRwandaSierra Leone
Exports of goods and services, % of GDP17.4%17.5%
Imports of goods and services, % of GDP34.1%39.2%
Current account balance (balance of payments)-$746.9M-$646.1M
Revenue excluding grants, % of GDP20%N/A
Grants excluding technical cooperation, BoP$621.4M$375.1M
Personal remittances received$260.5M$62.1M
Industry including construction value added, % of GDP16.2%5.3%
Agriculture, forestry and fishing value added, % of GDP29%58.9%
Charges for the use of intellectual property, payments BoPN/A$892k
Charges for the use of intellectual property, receipts BoPN/A$5.8M
Expense, % of GDP18.9%N/A
Government Expenditure, % of GDP26%23.4%

Compare with countries close by GDP per capita

Rwanda vs

CountryGDP
per capita
Population
Lesotho
$1.3k
2.23M
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
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

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
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
Burundi
$272
10.9M