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South Africa vs Sri Lanka: Economic Indicators Comparison

South Africa with a GDP of $368.3B ranked the 35th largest economy in the world, while Sri Lanka ranked 65th with $88.9B. By GDP 5-years average growth and GDP per capita, South Africa and Sri Lanka ranked 151st vs 51st and 95th vs 120th, respectively.

Gross Domestic Product & Income

StatSouth AfricaSri Lanka
GDP$368.3B$88.9B
GDP growth, 1 year0.8%3%
GDP growth, 5-years average1.1%4.2%
Population57.7M21.4M
GDP per capita$6.4k$4.1k
GDP per capita growth-0.57%2.13%
Purchasing Power Parity conversion factor6.1649.49
Price level ratio of PPP conversion factor GDP to market exchange rate0.470.3
GDP per capita, PPP adjusted$14k$13k
GNI, Atlas method$332.3B$87.9B
GNI per capita$5.8k$4.1k
GNI, PPP adjusted$765.8B$284.1B
GNI per capita, PPP adjusted$13k$13k

Financial system and Human development

StatSouth AfricaSri Lanka
Income Tax Rate45%24%
Corporate Tax Rate28%28%
Inflation, consumer prices4.6%4.3%
Inflation, GDP deflator3.9%4.3%
Unemployment27%4.4%
Economic Freedom Index58.857.4
Personal Freedom Index6.925.24
Human Freedom Index6.785.69
Property Rights Index58.447.7
Judical Effectiveness Index3839.2
Business Freedom Index6276.5
Fiscal Health Index6439.3
Labor Freedom Index58.858.6
Investment Freedom Index4540
Financial Freedom Index5040
Trade Freedom Index75.867.6
Monetary Freedom Index75.971.1
Government Spending Index67.488.9
Tax Burden Index63.784.8
Government Integrity Index46.634.7
Corruption Perceptions Index4338
Life expectancy at birth, years63.576.6
Suicide mortality rate, per 100,000 people11.614.6
Mortality caused by road traffic injury, per 100,000 people25.914.9
Intentional homicides, per 100,000 people35.92.3
International tourism, number of arrivals10.5M2.3M

Government debt & reserves

StatSouth AfricaSri Lanka
Central government debt, % of GDP56.7%84.1%
External debt stocks, % of GNI50.6%60.8%
External debt stocks$179.3B$52.6B
Short-term debt, % of total reserves70.9%118.2%
Total debt service, % of exports and primary income19.9%36%
Adjusted net savings including particulate emission damage, % of GNI0.6%28.5%
Gross savings, % of GDP14.9%25.5%
Gross capital formation, % of GDP17.9%28.6%
Total reserves including gold$51.6B$6.9B
Foreign direct investment net inflows$5.5B$1.6B

Exports, imports and economic structure

StatSouth AfricaSri Lanka
Exports of goods and services, % of GDP29.9%22.8%
Imports of goods and services, % of GDP29.6%30.1%
Current account balance (balance of payments)-$13.4B-$2.8B
Revenue excluding grants, % of GDP30.9%13.3%
Grants excluding technical cooperation, BoP$817.9M$182.6M
Personal remittances received$929M$7B
Industry including construction value added, % of GDP25.9%27%
Agriculture, forestry and fishing value added, % of GDP2.2%7.9%
Charges for the use of intellectual property, payments BoP$1.8BN/A
Charges for the use of intellectual property, receipts BoP$120.7MN/A
Expense, % of GDP34.4%16.2%
Government Expenditure, % of GDP33%19.2%

Compare with countries close by GDP per capita

South Africa vs

CountryGDP
per capita
Population
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
Ecuador
$6.3k
15.7M
Belarus
$6.3k
9.49M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M
Iraq
$5.8k
33.4M
Paraguay
$5.8k
6.8M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M

Sri Lanka vs

CountryGDP
per capita
Population
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
15.5M
Tonga
$4.4k
105k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
190k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
El Salvador
$4.1k
6.34M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
52.6k
Tuvalu
$3.7k
9.88k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
754k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
101M
Ukraine
$3.1k
42.6M