Serbia vs Tanzania: Economic Indicators Comparison

Tanzania with a GDP of $58B ranked the 80th largest economy in the world, while Serbia ranked 84th with $50.6B. By GDP 5-years average growth and GDP per capita, Tanzania and Serbia ranked 18th vs 131st and 169th vs 90th, respectively.

Gross Domestic Product & Income

StatSerbiaTanzania
GDP$50.6B$58B
GDP growth, 1 year4.4%6.6%
GDP growth, 5-years average2%6.6%
Population7M57.3M
GDP per capita$7.2k$1.1k
GDP per capita growth4.97%2.12%
Purchasing Power Parity conversion factor41.64741.25
Price level ratio of PPP conversion factor GDP to market exchange rate0.420.33
GDP per capita, PPP adjusted$18k$3.4k
GNI, Atlas method$44.6B$55.7B
GNI per capita$6.4k$1k
GNI, PPP adjusted$115.5B$171.7B
GNI per capita, PPP adjusted$17k$3.2k

Financial system and Human development

StatSerbiaTanzania
Income Tax Rate10%30%
Corporate Tax Rate15%30%
Inflation, consumer prices2%3.5%
Inflation, GDP deflator2.1%4.8%
Unemployment13.5%1.9%
Economic Freedom Index6661.7
Personal Freedom Index7.846.51
Human Freedom Index7.196.37
Property Rights Index55.441.9
Judical Effectiveness Index46.843.4
Business Freedom Index72.645.9
Fiscal Health Index94.192.9
Labor Freedom Index66.966.4
Investment Freedom Index7055
Financial Freedom Index5050
Trade Freedom Index7867.8
Monetary Freedom Index80.772.2
Government Spending Index49.791.6
Tax Burden Index83.780.6
Government Integrity Index4432.5
Corruption Perceptions Index3936
Life expectancy at birth, years76.164.5
Suicide mortality rate, per 100,000 people15.65.4
Mortality caused by road traffic injury, per 100,000 people7.429.2
Intentional homicides, per 100,000 people1.17
International tourism, number of arrivals1.7M1.4M

Government debt & reserves

StatSerbiaTanzania
Central government debt, % of GDP54.3%36%
External debt stocks, % of GNI71.7%33.1%
External debt stocks$34.3B$18.6B
Short-term debt, % of total reserves16.4%35.9%
Total debt service, % of exports and primary income22.3%8.4%
Adjusted net savings including particulate emission damage, % of GNI-3.2%23.1%
Gross savings, % of GDP18.6%30.5%
Gross capital formation, % of GDP22.7%34%
Total reserves including gold$12.9B$5B
Foreign direct investment net inflows$4.1B$1.1B

Exports, imports and economic structure

StatSerbiaTanzania
Exports of goods and services, % of GDP50.8%15.1%
Imports of goods and services, % of GDP59.3%17.1%
Current account balance (balance of payments)-$2.6B-$1.9B
Revenue excluding grants, % of GDP32.8%13.7%
Grants excluding technical cooperation, BoP$334.6M$1.6B
Personal remittances received$4.3B$412.9M
Industry including construction value added, % of GDP25.5%25.1%
Agriculture, forestry and fishing value added, % of GDP6.3%28.7%
Charges for the use of intellectual property, payments BoP$289.7M$6.1M
Charges for the use of intellectual property, receipts BoP$57.9M$83k
Expense, % of GDP36.9%14.3%
Government Expenditure, % of GDP40.9%16.8%

Compare with countries close by GDP per capita

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

Tanzania vs

CountryGDP
per capita
Population
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
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
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
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M