Senegal vs Taiwan: Economic Indicators Comparison

Taiwan with a GDP of $585.8B ranked the 21st largest economy in the world, while Senegal ranked 111th with $24.1B. By GDP 5-years average growth and GDP per capita, Taiwan and Senegal ranked 115th vs 20th and 38th vs 160th, respectively.

Gross Domestic Product & Income

StatSenegalTaiwan
GDP$24.1B$585.8B
GDP growth, 1 year6.2%2.6%
GDP growth, 5-years average6.5%2.4%
Population15.9M23.6M
GDP per capita$1.5k$25k
GDP per capita growth3.84%N/A
Purchasing Power Parity conversion factor223.6N/A
Price level ratio of PPP conversion factor GDP to market exchange rate0.4N/A
GDP per capita, PPP adjusted$3.7k$53k
GNI, Atlas method$22.4BN/A
GNI per capita$1.4kN/A
GNI, PPP adjusted$58.2BN/A
GNI per capita, PPP adjusted$3.7kN/A

Financial system and Human development

StatSenegalTaiwan
Income Tax Rate40%45%
Corporate Tax Rate30%20%
Inflation, consumer prices0.5%1.5%
Inflation, GDP deflator2.3%N/A
Unemployment6.5%3.7%
Economic Freedom Index5877.1
Personal Freedom Index6.678.09
Human Freedom Index6.297.79
Property Rights Index52.486.9
Judical Effectiveness Index39.870.1
Business Freedom Index50.493.9
Fiscal Health Index75.291
Labor Freedom Index38.160.3
Investment Freedom Index6060
Financial Freedom Index4060
Trade Freedom Index65.486
Monetary Freedom Index79.782.7
Government Spending Index84.490.5
Tax Burden Index70.275
Government Integrity Index40.668.9
Corruption Perceptions Index4563
Life expectancy at birth, years67.480.2
Suicide mortality rate, per 100,000 people612.5
Mortality caused by road traffic injury, per 100,000 people23.46.3
Intentional homicides, per 100,000 people7.40.8
International tourism, number of arrivals1.4MN/A

Government debt & reserves

StatSenegalTaiwan
Central government debt, % of GDP64.4%35%
External debt stocks, % of GNI52.4%N/A
External debt stocks$12.3BN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary income13.5%N/A
Adjusted net savings including particulate emission damage, % of GNI12.3%N/A
Gross savings, % of GDP20.4%N/A
Gross capital formation, % of GDP28.7%N/A
Total reserves including goldN/AN/A
Foreign direct investment net inflows$629.3MN/A

Exports, imports and economic structure

StatSenegalTaiwan
Exports of goods and services, % of GDP21.9%N/A
Imports of goods and services, % of GDP36.1%N/A
Current account balance (balance of payments)-$1.5BN/A
Revenue excluding grants, % of GDP19.2%N/A
Grants excluding technical cooperation, BoP$478.7MN/A
Personal remittances received$2.4BN/A
Industry including construction value added, % of GDP25.8%N/A
Agriculture, forestry and fishing value added, % of GDP16.6%N/A
Charges for the use of intellectual property, payments BoP$8.1MN/A
Charges for the use of intellectual property, receipts BoP$4.9MN/A
Expense, % of GDP18.3%N/A
Government Expenditure, % of GDP22.8%17.8%

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

Taiwan vs

CountryGDP
per capita
Population
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M