South Africa vs Switzerland: Economic Indicators Comparison

Switzerland with a GDP of $705.1B ranked the 20th largest economy in the world, while South Africa ranked 35th with $368.3B. By GDP 5-years average growth and GDP per capita, Switzerland and South Africa ranked 134th vs 151st and 4th vs 95th, respectively.

Gross Domestic Product & Income

StatSouth AfricaSwitzerland
GDP$368.3B$705.1B
GDP growth, 1 year0.8%2.5%
GDP growth, 5-years average1.1%1.9%
Population57.7M8.5M
GDP per capita$6.4k$83k
GDP per capita growth-0.57%1.97%
Purchasing Power Parity conversion factor6.161.19
Price level ratio of PPP conversion factor GDP to market exchange rate0.471.22
GDP per capita, PPP adjusted$14k$65k
GNI, Atlas method$332.3B$718.9B
GNI per capita$5.8k$84k
GNI, PPP adjusted$765.8B$586.1B
GNI per capita, PPP adjusted$13k$69k

Financial system and Human development

StatSouth AfricaSwitzerland
Income Tax Rate45%11.5%
Corporate Tax Rate28%8.5%
Inflation, consumer prices4.6%0.9%
Inflation, GDP deflator3.9%0.2%
Unemployment27%4.9%
Economic Freedom Index58.882
Personal Freedom Index6.929.31
Human Freedom Index6.788.83
Property Rights Index58.487.4
Judical Effectiveness Index3881.5
Business Freedom Index6274.2
Fiscal Health Index6496.7
Labor Freedom Index58.872.4
Investment Freedom Index4585
Financial Freedom Index5090
Trade Freedom Index75.886.6
Monetary Freedom Index75.984.4
Government Spending Index67.465.3
Tax Burden Index63.770.1
Government Integrity Index46.690.1
Corruption Perceptions Index4385
Life expectancy at birth, years63.583.6
Suicide mortality rate, per 100,000 people11.617.2
Mortality caused by road traffic injury, per 100,000 people25.92.7
Intentional homicides, per 100,000 people35.90.5
International tourism, number of arrivals10.5M10.4M

Government debt & reserves

StatSouth AfricaSwitzerland
Central government debt, % of GDP56.7%40.5%
External debt stocks, % of GNI50.6%N/A
External debt stocks$179.3BN/A
Short-term debt, % of total reserves70.9%N/A
Total debt service, % of exports and primary income19.9%N/A
Adjusted net savings including particulate emission damage, % of GNI0.6%16.4%
Gross savings, % of GDP14.9%34.7%
Gross capital formation, % of GDP17.9%22.7%
Total reserves including gold$51.6B$787B
Foreign direct investment net inflows$5.5B-$67.7B

Exports, imports and economic structure

StatSouth AfricaSwitzerland
Exports of goods and services, % of GDP29.9%66.1%
Imports of goods and services, % of GDP29.6%53.9%
Current account balance (balance of payments)-$13.4B$74.1B
Revenue excluding grants, % of GDP30.9%18%
Grants excluding technical cooperation, BoP$817.9MN/A
Personal remittances received$929M$2.6B
Industry including construction value added, % of GDP25.9%25%
Agriculture, forestry and fishing value added, % of GDP2.2%0.7%
Charges for the use of intellectual property, payments BoP$1.8B$13.6B
Charges for the use of intellectual property, receipts BoP$120.7M$25.8B
Expense, % of GDP34.4%17%
Government Expenditure, % of GDP33%34%

Compare with countries close by GDP per capita

South Africa vs

CountryGDP
per capita
Population
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
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
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
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M

Switzerland vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k