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

Stat	Senegal	Taiwan
GDP	$24.1B	$585.8B
GDP growth, 1 year	6.2%	2.6%
GDP growth, 5-years average	6.5%	2.4%
Population	15.9M	23.6M
GDP per capita	$1.5k	$25k
GDP per capita growth	3.84%	N/A
Purchasing Power Parity conversion factor	223.6	N/A
Price level ratio of PPP conversion factor GDP to market exchange rate	0.4	N/A
GDP per capita, PPP adjusted	$3.7k	$53k
GNI, Atlas method	$22.4B	N/A
GNI per capita	$1.4k	N/A
GNI, PPP adjusted	$58.2B	N/A
GNI per capita, PPP adjusted	$3.7k	N/A

Financial system and Human development

Stat	Senegal	Taiwan
Income Tax Rate	40%	45%
Corporate Tax Rate	30%	20%
Inflation, consumer prices	0.5%	1.5%
Inflation, GDP deflator	2.3%	N/A
Unemployment	6.5%	3.7%
Economic Freedom Index	58	77.1
Personal Freedom Index	6.67	8.09
Human Freedom Index	6.29	7.79
Property Rights Index	52.4	86.9
Judical Effectiveness Index	39.8	70.1
Business Freedom Index	50.4	93.9
Fiscal Health Index	75.2	91
Labor Freedom Index	38.1	60.3
Investment Freedom Index	60	60
Financial Freedom Index	40	60
Trade Freedom Index	65.4	86
Monetary Freedom Index	79.7	82.7
Government Spending Index	84.4	90.5
Tax Burden Index	70.2	75
Government Integrity Index	40.6	68.9
Corruption Perceptions Index	45	63
Life expectancy at birth, years	67.4	80.2
Suicide mortality rate, per 100,000 people	6	12.5
Mortality caused by road traffic injury, per 100,000 people	23.4	6.3
Intentional homicides, per 100,000 people	7.4	0.8
International tourism, number of arrivals	1.4M	N/A

Government debt & reserves

Stat	Senegal	Taiwan
Central government debt, % of GDP	64.4%	35%
External debt stocks, % of GNI	52.4%	N/A
External debt stocks	$12.3B	N/A
Short-term debt, % of total reserves	N/A	N/A
Total debt service, % of exports and primary income	13.5%	N/A
Adjusted net savings including particulate emission damage, % of GNI	12.3%	N/A
Gross savings, % of GDP	20.4%	N/A
Gross capital formation, % of GDP	28.7%	N/A
Total reserves including gold	N/A	N/A
Foreign direct investment net inflows	$629.3M	N/A

Exports, imports and economic structure

Stat	Senegal	Taiwan
Exports of goods and services, % of GDP	21.9%	N/A
Imports of goods and services, % of GDP	36.1%	N/A
Current account balance (balance of payments)	-$1.5B	N/A
Revenue excluding grants, % of GDP	19.2%	N/A
Grants excluding technical cooperation, BoP	$478.7M	N/A
Personal remittances received	$2.4B	N/A
Industry including construction value added, % of GDP	25.8%	N/A
Agriculture, forestry and fishing value added, % of GDP	16.6%	N/A
Charges for the use of intellectual property, payments BoP	$8.1M	N/A
Charges for the use of intellectual property, receipts BoP	$4.9M	N/A
Expense, % of GDP	18.3%	N/A
Government Expenditure, % of GDP	22.8%	17.8%