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Rwanda vs Singapore: Economic Indicators Comparison

Singapore with a GDP of $364.2B ranked the 36th largest economy in the world, while Rwanda ranked 145th with $9.5B. By GDP 5-years average growth and GDP per capita, Singapore and Rwanda ranked 76th vs 7th and 10th vs 180th, respectively.

Gross Domestic Product & Income

StatRwandaSingapore
GDP$9.5B$364.2B
GDP growth, 1 year8.6%3.2%
GDP growth, 5-years average7.4%3.3%
Population12.2M5.9M
GDP per capita$773$65k
GDP per capita growth5.77%2.66%
Purchasing Power Parity conversion factor295.650.86
Price level ratio of PPP conversion factor GDP to market exchange rate0.340.64
GDP per capita, PPP adjusted$2.3k$100k
GNI, Atlas method$9.6B$331.4B
GNI per capita$780$59k
GNI, PPP adjusted$27.1B$533.8B
GNI per capita, PPP adjusted$2.2k$95k

Financial system and Human development

StatRwandaSingapore
Income Tax Rate30%22%
Corporate Tax Rate30%17%
Inflation, consumer prices1.4%0.4%
Inflation, GDP deflator-0.8%1.9%
Unemployment1%3.8%
Economic Freedom Index70.989.4
Personal Freedom Index7.347.44
Human Freedom Index78.1
Property Rights Index76.596.8
Judical Effectiveness Index78.392.9
Business Freedom Index60.392.8
Fiscal Health Index86.780
Labor Freedom Index81.890.9
Investment Freedom Index6085
Financial Freedom Index4080
Trade Freedom Index70.494.8
Monetary Freedom Index79.885.6
Government Spending Index79.891.1
Tax Burden Index79.290.3
Government Integrity Index57.692.4
Corruption Perceptions Index5685
Life expectancy at birth, years68.382.9
Suicide mortality rate, per 100,000 people6.79.9
Mortality caused by road traffic injury, per 100,000 people29.72.8
Intentional homicides, per 100,000 people2.50.2
International tourism, number of arrivals932k14.7M

Government debt & reserves

StatRwandaSingapore
Central government debt, % of GDP40.7%108.3%
External debt stocks, % of GNI58%N/A
External debt stocks$5.4BN/A
Short-term debt, % of total reserves8.5%N/A
Total debt service, % of exports and primary income12.6%N/A
Adjusted net savings including particulate emission damage, % of GNI-4.4%36.8%
Gross savings, % of GDP12.4%45.8%
Gross capital formation, % of GDP24.4%26.6%
Total reserves including gold$1.2B$292.7B
Foreign direct investment net inflows$305.5M$82B

Exports, imports and economic structure

StatRwandaSingapore
Exports of goods and services, % of GDP17.4%176.4%
Imports of goods and services, % of GDP34.1%149.8%
Current account balance (balance of payments)-$746.9M$65.1B
Revenue excluding grants, % of GDP20%18.8%
Grants excluding technical cooperation, BoP$621.4M$1.6M
Personal remittances received$260.5MN/A
Industry including construction value added, % of GDP16.2%25.2%
Agriculture, forestry and fishing value added, % of GDP29%0%
Charges for the use of intellectual property, payments BoPN/A$15.2B
Charges for the use of intellectual property, receipts BoPN/A$8.7B
Expense, % of GDP18.9%15.2%
Government Expenditure, % of GDP26%17.2%

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
3.54M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
26.2M
Benin
$902
10M
Mali
$900
18.5M
Guinea
$879
11.6M
Haiti
$868
10.3M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.52M
Ethiopia
$772
105M
Chad
$728
11M
Gambia
$716
1.86M
Burkina Faso
$715
19.2M
Togo
$679
6.34M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
22.9M
Afghanistan
$521
34.9M
Mozambique
$499
25.8M
Central African Republic
$476
4.99M
Niger
$414
17.1M
Malawi
$389
18.6M

Singapore vs

CountryGDP
per capita
Population
Monaco
$186k
37.8k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
614k
Switzerland
$83k
8.21M
Norway
$82k
5.33M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.17M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
23.4M
Sweden
$55k
10.3M
Netherlands
$53k
17.2M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
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