Rwanda vs Taiwan: Economic Indicators Comparison

Taiwan with a GDP of $585.8B ranked the 21st largest economy in the world, while Rwanda ranked 145th with $9.5B. By GDP 5-years average growth and GDP per capita, Taiwan and Rwanda ranked 115th vs 7th and 38th vs 180th, respectively.

Gross Domestic Product & Income

Stat	Rwanda	Taiwan
GDP	$9.5B	$585.8B
GDP growth, 1 year	8.6%	2.6%
GDP growth, 5-years average	7.4%	2.4%
Population	12.2M	23.6M
GDP per capita	$773	$25k
GDP per capita growth	5.77%	N/A
Purchasing Power Parity conversion factor	295.65	N/A
Price level ratio of PPP conversion factor GDP to market exchange rate	0.34	N/A
GDP per capita, PPP adjusted	$2.3k	$53k
GNI, Atlas method	$9.6B	N/A
GNI per capita	$780	N/A
GNI, PPP adjusted	$27.1B	N/A
GNI per capita, PPP adjusted	$2.2k	N/A

Financial system and Human development

Stat	Rwanda	Taiwan
Income Tax Rate	30%	45%
Corporate Tax Rate	30%	20%
Inflation, consumer prices	1.4%	1.5%
Inflation, GDP deflator	-0.8%	N/A
Unemployment	1%	3.7%
Economic Freedom Index	70.9	77.1
Personal Freedom Index	7.34	8.09
Human Freedom Index	7	7.79
Property Rights Index	76.5	86.9
Judical Effectiveness Index	78.3	70.1
Business Freedom Index	60.3	93.9
Fiscal Health Index	86.7	91
Labor Freedom Index	81.8	60.3
Investment Freedom Index	60	60
Financial Freedom Index	40	60
Trade Freedom Index	70.4	86
Monetary Freedom Index	79.8	82.7
Government Spending Index	79.8	90.5
Tax Burden Index	79.2	75
Government Integrity Index	57.6	68.9
Corruption Perceptions Index	56	63
Life expectancy at birth, years	68.3	80.2
Suicide mortality rate, per 100,000 people	6.7	12.5
Mortality caused by road traffic injury, per 100,000 people	29.7	6.3
Intentional homicides, per 100,000 people	2.5	0.8
International tourism, number of arrivals	932k	N/A

Government debt & reserves

Stat	Rwanda	Taiwan
Central government debt, % of GDP	40.7%	35%
External debt stocks, % of GNI	58%	N/A
External debt stocks	$5.4B	N/A
Short-term debt, % of total reserves	8.5%	N/A
Total debt service, % of exports and primary income	12.6%	N/A
Adjusted net savings including particulate emission damage, % of GNI	-4.4%	N/A
Gross savings, % of GDP	12.4%	N/A
Gross capital formation, % of GDP	24.4%	N/A
Total reserves including gold	$1.2B	N/A
Foreign direct investment net inflows	$305.5M	N/A

Exports, imports and economic structure

Stat	Rwanda	Taiwan
Exports of goods and services, % of GDP	17.4%	N/A
Imports of goods and services, % of GDP	34.1%	N/A
Current account balance (balance of payments)	-$746.9M	N/A
Revenue excluding grants, % of GDP	20%	N/A
Grants excluding technical cooperation, BoP	$621.4M	N/A
Personal remittances received	$260.5M	N/A
Industry including construction value added, % of GDP	16.2%	N/A
Agriculture, forestry and fishing value added, % of GDP	29%	N/A
Charges for the use of intellectual property, payments BoP	N/A	N/A
Charges for the use of intellectual property, receipts BoP	N/A	N/A
Expense, % of GDP	18.9%	N/A
Government Expenditure, % of GDP	26%	17.8%