Tanzania vs Vanuatu: Economic Indicators Comparison

Tanzania with a GDP of $58B ranked the 80th largest economy in the world, while Vanuatu ranked 186th with $914.3M. By GDP 5-years average growth and GDP per capita, Tanzania and Vanuatu ranked 18th vs 107th and 169th vs 133rd, respectively.

Gross Domestic Product & Income

StatTanzaniaVanuatu
GDP$58B$914.3M
GDP growth, 1 year6.6%3.2%
GDP growth, 5-years average6.6%2.7%
Population57.3M276k
GDP per capita$1.1k$3.1k
GDP per capita growth2.12%0.67%
Purchasing Power Parity conversion factor741.25106.84
Price level ratio of PPP conversion factor GDP to market exchange rate0.330.97
GDP per capita, PPP adjusted$3.4k$2.9k
GNI, Atlas method$55.7B$915.5M
GNI per capita$1k$3.1k
GNI, PPP adjusted$171.7B$951.3M
GNI per capita, PPP adjusted$3.2k$3.3k

Financial system and Human development

StatTanzaniaVanuatu
Income Tax Rate30%0%
Corporate Tax Rate30%0%
Inflation, consumer prices3.5%2.8%
Inflation, GDP deflator4.8%2.9%
Unemployment1.9%5.4%
Economic Freedom Index61.760.7
Personal Freedom Index6.516.7
Human Freedom Index6.376.7
Property Rights Index41.968.3
Judical Effectiveness Index43.436.1
Business Freedom Index45.951.8
Fiscal Health Index92.978.4
Labor Freedom Index66.454.6
Investment Freedom Index5565
Financial Freedom Index5040
Trade Freedom Index67.863.4
Monetary Freedom Index72.274.6
Government Spending Index91.661.1
Tax Burden Index80.697.1
Government Integrity Index32.537.4
Corruption Perceptions Index3646
Life expectancy at birth, years64.570.2
Suicide mortality rate, per 100,000 people5.44.5
Mortality caused by road traffic injury, per 100,000 people29.215.9
Intentional homicides, per 100,000 people72.1
International tourism, number of arrivals1.4M116k

Government debt & reserves

StatTanzaniaVanuatu
Central government debt, % of GDP36%50.5%
External debt stocks, % of GNI33.1%45.9%
External debt stocks$18.6B$402.2M
Short-term debt, % of total reserves35.9%10.7%
Total debt service, % of exports and primary income8.4%2.1%
Adjusted net savings including particulate emission damage, % of GNI23.1%20.8%
Gross savings, % of GDP30.5%31.8%
Gross capital formation, % of GDP34%26.4%
Total reserves including gold$5B$420.6M
Foreign direct investment net inflows$1.1B$37.6M

Exports, imports and economic structure

StatTanzaniaVanuatu
Exports of goods and services, % of GDP15.1%48.6%
Imports of goods and services, % of GDP17.1%49.4%
Current account balance (balance of payments)-$1.9B$85.4M
Revenue excluding grants, % of GDP13.7%30.3%
Grants excluding technical cooperation, BoP$1.6B$57.9M
Personal remittances received$412.9M$35.2M
Industry including construction value added, % of GDP25.1%11.1%
Agriculture, forestry and fishing value added, % of GDP28.7%25.8%
Charges for the use of intellectual property, payments BoP$6.1M$543k
Charges for the use of intellectual property, receipts BoP$83k$718k
Expense, % of GDP14.3%25.6%
Government Expenditure, % of GDP16.8%36%

Compare with countries close by GDP per capita

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

Vanuatu vs

CountryGDP
per capita
Population
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M