Slovakia vs Tanzania: Economic Indicators Comparison

Slovakia with a GDP of $105.9B ranked the 62nd largest economy in the world, while Tanzania ranked 80th with $58B. By GDP 5-years average growth and GDP per capita, Slovakia and Tanzania ranked 65th vs 18th and 47th vs 169th, respectively.

Gross Domestic Product & Income

StatSlovakiaTanzania
GDP$105.9B$58B
GDP growth, 1 year4.1%6.6%
GDP growth, 5-years average3.5%6.6%
Population5.4M57.3M
GDP per capita$19k$1.1k
GDP per capita growth3.89%2.12%
Purchasing Power Parity conversion factor0.49741.25
Price level ratio of PPP conversion factor GDP to market exchange rate0.580.33
GDP per capita, PPP adjusted$35k$3.4k
GNI, Atlas method$99.5B$55.7B
GNI per capita$18k$1k
GNI, PPP adjusted$180.1B$171.7B
GNI per capita, PPP adjusted$33k$3.2k

Financial system and Human development

StatSlovakiaTanzania
Income Tax Rate25%30%
Corporate Tax Rate21%30%
Inflation, consumer prices2.5%3.5%
Inflation, GDP deflator2%4.8%
Unemployment6.8%1.9%
Economic Freedom Index66.861.7
Personal Freedom Index8.876.51
Human Freedom Index8.296.37
Property Rights Index73.141.9
Judical Effectiveness Index41.743.4
Business Freedom Index55.345.9
Fiscal Health Index92.692.9
Labor Freedom Index52.666.4
Investment Freedom Index7555
Financial Freedom Index7050
Trade Freedom Index86.467.8
Monetary Freedom Index75.972.2
Government Spending Index50.291.6
Tax Burden Index78.580.6
Government Integrity Index49.732.5
Corruption Perceptions Index5036
Life expectancy at birth, years77.264.5
Suicide mortality rate, per 100,000 people12.85.4
Mortality caused by road traffic injury, per 100,000 people6.129.2
Intentional homicides, per 100,000 people1.57
International tourism, number of arrivals2.3M1.4M

Government debt & reserves

StatSlovakiaTanzania
Central government debt, % of GDP48.8%36%
External debt stocks, % of GNIN/A33.1%
External debt stocksN/A$18.6B
Short-term debt, % of total reservesN/A35.9%
Total debt service, % of exports and primary incomeN/A8.4%
Adjusted net savings including particulate emission damage, % of GNI5.6%23.1%
Gross savings, % of GDP22.1%30.5%
Gross capital formation, % of GDP23.4%34%
Total reserves including gold$5.2B$5B
Foreign direct investment net inflows$2.6B$1.1B

Exports, imports and economic structure

StatSlovakiaTanzania
Exports of goods and services, % of GDP96.1%15.1%
Imports of goods and services, % of GDP94.1%17.1%
Current account balance (balance of payments)-$2.8B-$1.9B
Revenue excluding grants, % of GDP37.7%13.7%
Grants excluding technical cooperation, BoP$183.9M$1.6B
Personal remittances received$2.1B$412.9M
Industry including construction value added, % of GDP30.1%25.1%
Agriculture, forestry and fishing value added, % of GDP2.4%28.7%
Charges for the use of intellectual property, payments BoP$749.1M$6.1M
Charges for the use of intellectual property, receipts BoP$55.5M$83k
Expense, % of GDP39%14.3%
Government Expenditure, % of GDP40.8%16.8%

Compare with countries close by GDP per capita

Slovakia vs

CountryGDP
per capita
Population
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
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
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
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M

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