Slovenia vs Venezuela: Economic Indicators Comparison

Venezuela with a GDP of $482.4B ranked the 27th largest economy in the world, while Slovenia ranked 82nd with $54B. By GDP 5-years average growth and GDP per capita, Venezuela and Slovenia ranked 181st vs 66th and 58th vs 37th, respectively.

Gross Domestic Product & Income

Stat	Slovenia	Venezuela
GDP	$54B	$482.4B
GDP growth, 1 year	4.5%	-18%
GDP growth, 5-years average	3.5%	-12.2%
Population	2.1M	28.5M
GDP per capita	$26k	$16k
GDP per capita growth	4.07%	-18.17%
Purchasing Power Parity conversion factor	0.58	5.57
Price level ratio of PPP conversion factor GDP to market exchange rate	0.69	0.89
GDP per capita, PPP adjusted	$37k	$8.8k
GNI, Atlas method	$50.8B	$392.9B
GNI per capita	$25k	$13k
GNI, PPP adjusted	$77.4B	$352.8B
GNI per capita, PPP adjusted	$37k	$12k

Financial system and Human development

Stat	Slovenia	Venezuela
Income Tax Rate	50%	34%
Corporate Tax Rate	17%	34%
Inflation, consumer prices	1.7%	929789.5%
Inflation, GDP deflator	2.2%	748.1%
Unemployment	5.5%	8.4%
Economic Freedom Index	67.8	25.2
Personal Freedom Index	8.64	6.33
Human Freedom Index	7.88	5.27
Property Rights Index	76.5	10.1
Judical Effectiveness Index	48.6	12.6
Business Freedom Index	78.4	30.8
Fiscal Health Index	90.3	0
Labor Freedom Index	61.4	27.7
Investment Freedom Index	70	0
Financial Freedom Index	50	10
Trade Freedom Index	86.4	58
Monetary Freedom Index	82.2	0
Government Spending Index	42.9	66.3
Tax Burden Index	59.2	72.8
Government Integrity Index	67.4	14.6
Corruption Perceptions Index	60	18
Life expectancy at birth, years	81.2	72.2
Suicide mortality rate, per 100,000 people	18.6	3.7
Mortality caused by road traffic injury, per 100,000 people	6.4	33.7
Intentional homicides, per 100,000 people	0.9	56.3
International tourism, number of arrivals	4.4M	427k

Government debt & reserves

Stat	Slovenia	Venezuela
Central government debt, % of GDP	68.5%	175.6%
External debt stocks, % of GNI	N/A	33.9%
External debt stocks	N/A	$154.9B
Short-term debt, % of total reserves	N/A	421.1%
Total debt service, % of exports and primary income	N/A	69%
Adjusted net savings including particulate emission damage, % of GNI	10.1%	7.2%
Gross savings, % of GDP	26.9%	8.9%
Gross capital formation, % of GDP	21.1%	-3.7%
Total reserves including gold	$933.1M	$9.8B
Foreign direct investment net inflows	$1.5B	$956M

Exports, imports and economic structure

Stat	Slovenia	Venezuela
Exports of goods and services, % of GDP	85.4%	30.7%
Imports of goods and services, % of GDP	77.1%	36.4%
Current account balance (balance of payments)	$3.1B	-$3.9B
Revenue excluding grants, % of GDP	38.2%	N/A
Grants excluding technical cooperation, BoP	$58.9M	$125.8M
Personal remittances received	$608.1M	$297.1M
Industry including construction value added, % of GDP	28.4%	37.2%
Agriculture, forestry and fishing value added, % of GDP	2.1%	5%
Charges for the use of intellectual property, payments BoP	$268.1M	$258M
Charges for the use of intellectual property, receipts BoP	$72.9M	N/A
Expense, % of GDP	38%	N/A
Government Expenditure, % of GDP	43.6%	33.5%