Rwanda vs Zambia: Economic Indicators Comparison

Zambia with a GDP of $26.7B ranked the 106th largest economy in the world, while Rwanda ranked 145th with $9.5B. By GDP 5-years average growth and GDP per capita, Zambia and Rwanda ranked 62nd vs 7th and 157th vs 180th, respectively.

Gross Domestic Product & Income

StatRwandaZambia
GDP$9.5B$26.7B
GDP growth, 1 year8.6%3.5%
GDP growth, 5-years average7.4%3.6%
Population12.2M17.1M
GDP per capita$773$1.5k
GDP per capita growth5.77%0.82%
Purchasing Power Parity conversion factor295.653.81
Price level ratio of PPP conversion factor GDP to market exchange rate0.340.36
GDP per capita, PPP adjusted$2.3k$4.1k
GNI, Atlas method$9.6B$24.8B
GNI per capita$780$1.4k
GNI, PPP adjusted$27.1B$71.2B
GNI per capita, PPP adjusted$2.2k$4.1k

Financial system and Human development

StatRwandaZambia
Income Tax Rate30%35%
Corporate Tax Rate30%35%
Inflation, consumer prices1.4%7%
Inflation, GDP deflator-0.8%9.3%
Unemployment1%7.2%
Economic Freedom Index70.953.5
Personal Freedom Index7.346.26
Human Freedom Index76.67
Property Rights Index76.545.2
Judical Effectiveness Index78.331.3
Business Freedom Index60.366.4
Fiscal Health Index86.718.4
Labor Freedom Index81.847
Investment Freedom Index6055
Financial Freedom Index4050
Trade Freedom Index70.472.6
Monetary Freedom Index79.872.2
Government Spending Index79.881.7
Tax Burden Index79.273.2
Government Integrity Index57.628.4
Corruption Perceptions Index5635
Life expectancy at birth, years68.363
Suicide mortality rate, per 100,000 people6.76.1
Mortality caused by road traffic injury, per 100,000 people29.724.7
Intentional homicides, per 100,000 people2.55.3
International tourism, number of arrivals932k1.1M

Government debt & reserves

StatRwandaZambia
Central government debt, % of GDP40.7%72.4%
External debt stocks, % of GNI58%73.7%
External debt stocks$5.4B$19.1B
Short-term debt, % of total reserves8.5%42.5%
Total debt service, % of exports and primary income12.6%14.6%
Adjusted net savings including particulate emission damage, % of GNI-4.4%9.2%
Gross savings, % of GDP12.4%31.3%
Gross capital formation, % of GDP24.4%38.2%
Total reserves including gold$1.2B$1.6B
Foreign direct investment net inflows$305.5M$408.4M

Exports, imports and economic structure

StatRwandaZambia
Exports of goods and services, % of GDP17.4%37.4%
Imports of goods and services, % of GDP34.1%38.2%
Current account balance (balance of payments)-$746.9M-$342.3M
Revenue excluding grants, % of GDP20%16.9%
Grants excluding technical cooperation, BoP$621.4M$806.4M
Personal remittances received$260.5M$107M
Industry including construction value added, % of GDP16.2%36.3%
Agriculture, forestry and fishing value added, % of GDP29%2.6%
Charges for the use of intellectual property, payments BoPN/A$35M
Charges for the use of intellectual property, receipts BoPN/AN/A
Expense, % of GDP18.9%20.8%
Government Expenditure, % of GDP26%24.7%

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
Sierra Leone
$534
7.56M
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

Zambia vs

CountryGDP
per capita
Population
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
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