Tanzania vs Uruguay: Economic Indicators Comparison

Uruguay with a GDP of $59.6B ranked the 79th largest economy in the world, while Tanzania ranked 80th with $58B. By GDP 5-years average growth and GDP per capita, Uruguay and Tanzania ranked 129th vs 18th and 52nd vs 169th, respectively.

Gross Domestic Product & Income

Stat	Tanzania	Uruguay
GDP	$58B	$59.6B
GDP growth, 1 year	6.6%	2.1%
GDP growth, 5-years average	6.6%	2%
Population	57.3M	3.5M
GDP per capita	$1.1k	$17k
GDP per capita growth	2.12%	1.25%
Purchasing Power Parity conversion factor	741.25	22.52
Price level ratio of PPP conversion factor GDP to market exchange rate	0.33	0.73
GDP per capita, PPP adjusted	$3.4k	$23k
GNI, Atlas method	$55.7B	$54B
GNI per capita	$1k	$16k
GNI, PPP adjusted	$171.7B	$75.7B
GNI per capita, PPP adjusted	$3.2k	$22k

Financial system and Human development

Stat	Tanzania	Uruguay
Income Tax Rate	30%	30%
Corporate Tax Rate	30%	25%
Inflation, consumer prices	3.5%	7.6%
Inflation, GDP deflator	4.8%	5.6%
Unemployment	1.9%	8%
Economic Freedom Index	61.7	69.1
Personal Freedom Index	6.51	8.78
Human Freedom Index	6.37	7.93
Property Rights Index	41.9	72
Judical Effectiveness Index	43.4	59.8
Business Freedom Index	45.9	73.6
Fiscal Health Index	92.9	72.3
Labor Freedom Index	66.4	71
Investment Freedom Index	55	85
Financial Freedom Index	50	30
Trade Freedom Index	67.8	77.4
Monetary Freedom Index	72.2	72.7
Government Spending Index	91.6	66.5
Tax Burden Index	80.6	75.2
Government Integrity Index	32.5	73.5
Corruption Perceptions Index	36	70
Life expectancy at birth, years	64.5	77.6
Suicide mortality rate, per 100,000 people	5.4	18.4
Mortality caused by road traffic injury, per 100,000 people	29.2	13.4
Intentional homicides, per 100,000 people	7	8.2
International tourism, number of arrivals	1.4M	3.5M

Government debt & reserves

Stat	Tanzania	Uruguay
Central government debt, % of GDP	36%	70%
External debt stocks, % of GNI	33.1%	N/A
External debt stocks	$18.6B	N/A
Short-term debt, % of total reserves	35.9%	N/A
Total debt service, % of exports and primary income	8.4%	N/A
Adjusted net savings including particulate emission damage, % of GNI	23.1%	10.2%
Gross savings, % of GDP	30.5%	12%
Gross capital formation, % of GDP	34%	16.5%
Total reserves including gold	$5B	$15.6B
Foreign direct investment net inflows	$1.1B	$1.2B

Exports, imports and economic structure

Stat	Tanzania	Uruguay
Exports of goods and services, % of GDP	15.1%	21%
Imports of goods and services, % of GDP	17.1%	19%
Current account balance (balance of payments)	-$1.9B	$75.7M
Revenue excluding grants, % of GDP	13.7%	34.4%
Grants excluding technical cooperation, BoP	$1.6B	$9.1M
Personal remittances received	$412.9M	$104.3M
Industry including construction value added, % of GDP	25.1%	24.5%
Agriculture, forestry and fishing value added, % of GDP	28.7%	5.6%
Charges for the use of intellectual property, payments BoP	$6.1M	$124.2M
Charges for the use of intellectual property, receipts BoP	$83k	$44.7M
Expense, % of GDP	14.3%	35%
Government Expenditure, % of GDP	16.8%	33.4%