Senegal vs Serbia: Economic Indicators Comparison

Serbia with a GDP of $50.6B ranked the 84th largest economy in the world, while Senegal ranked 111th with $24.1B. By GDP 5-years average growth and GDP per capita, Serbia and Senegal ranked 131st vs 20th and 90th vs 160th, respectively.

Gross Domestic Product & Income

StatSenegalSerbia
GDP$24.1B$50.6B
GDP growth, 1 year6.2%4.4%
GDP growth, 5-years average6.5%2%
Population15.9M7M
GDP per capita$1.5k$7.2k
GDP per capita growth3.84%4.97%
Purchasing Power Parity conversion factor223.641.64
Price level ratio of PPP conversion factor GDP to market exchange rate0.40.42
GDP per capita, PPP adjusted$3.7k$18k
GNI, Atlas method$22.4B$44.6B
GNI per capita$1.4k$6.4k
GNI, PPP adjusted$58.2B$115.5B
GNI per capita, PPP adjusted$3.7k$17k

Financial system and Human development

StatSenegalSerbia
Income Tax Rate40%10%
Corporate Tax Rate30%15%
Inflation, consumer prices0.5%2%
Inflation, GDP deflator2.3%2.1%
Unemployment6.5%13.5%
Economic Freedom Index5866
Personal Freedom Index6.677.84
Human Freedom Index6.297.19
Property Rights Index52.455.4
Judical Effectiveness Index39.846.8
Business Freedom Index50.472.6
Fiscal Health Index75.294.1
Labor Freedom Index38.166.9
Investment Freedom Index6070
Financial Freedom Index4050
Trade Freedom Index65.478
Monetary Freedom Index79.780.7
Government Spending Index84.449.7
Tax Burden Index70.283.7
Government Integrity Index40.644
Corruption Perceptions Index4539
Life expectancy at birth, years67.476.1
Suicide mortality rate, per 100,000 people615.6
Mortality caused by road traffic injury, per 100,000 people23.47.4
Intentional homicides, per 100,000 people7.41.1
International tourism, number of arrivals1.4M1.7M

Government debt & reserves

StatSenegalSerbia
Central government debt, % of GDP64.4%54.3%
External debt stocks, % of GNI52.4%71.7%
External debt stocks$12.3B$34.3B
Short-term debt, % of total reservesN/A16.4%
Total debt service, % of exports and primary income13.5%22.3%
Adjusted net savings including particulate emission damage, % of GNI12.3%-3.2%
Gross savings, % of GDP20.4%18.6%
Gross capital formation, % of GDP28.7%22.7%
Total reserves including goldN/A$12.9B
Foreign direct investment net inflows$629.3M$4.1B

Exports, imports and economic structure

StatSenegalSerbia
Exports of goods and services, % of GDP21.9%50.8%
Imports of goods and services, % of GDP36.1%59.3%
Current account balance (balance of payments)-$1.5B-$2.6B
Revenue excluding grants, % of GDP19.2%32.8%
Grants excluding technical cooperation, BoP$478.7M$334.6M
Personal remittances received$2.4B$4.3B
Industry including construction value added, % of GDP25.8%25.5%
Agriculture, forestry and fishing value added, % of GDP16.6%6.3%
Charges for the use of intellectual property, payments BoP$8.1M$289.7M
Charges for the use of intellectual property, receipts BoP$4.9M$57.9M
Expense, % of GDP18.3%36.9%
Government Expenditure, % of GDP22.8%40.9%

Compare with countries close by GDP per capita

Senegal vs

CountryGDP
per capita
Population
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
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
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
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M

Serbia vs

CountryGDP
per capita
Population
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M