Thailand vs Uruguay: Economic Indicators Comparison

Thailand with a GDP of $505B ranked the 26th largest economy in the world, while Uruguay ranked 79th with $59.6B. By GDP 5-years average growth and GDP per capita, Thailand and Uruguay ranked 86th vs 129th and 89th vs 52nd, respectively.

Gross Domestic Product & Income

Stat	Thailand	Uruguay
GDP	$505B	$59.6B
GDP growth, 1 year	4.1%	2.1%
GDP growth, 5-years average	3.1%	2%
Population	65.9M	3.5M
GDP per capita	$7.3k	$17k
GDP per capita growth	3.8%	1.25%
Purchasing Power Parity conversion factor	12.34	22.52
Price level ratio of PPP conversion factor GDP to market exchange rate	0.38	0.73
GDP per capita, PPP adjusted	$19k	$23k
GNI, Atlas method	$458.7B	$54B
GNI per capita	$6.6k	$16k
GNI, PPP adjusted	$1.3T	$75.7B
GNI per capita, PPP adjusted	$18k	$22k

Financial system and Human development

Stat	Thailand	Uruguay
Income Tax Rate	35%	30%
Corporate Tax Rate	20%	25%
Inflation, consumer prices	1.1%	7.6%
Inflation, GDP deflator	1.4%	5.6%
Unemployment	0.7%	8%
Economic Freedom Index	69.4	69.1
Personal Freedom Index	7.42	8.78
Human Freedom Index	7.11	7.93
Property Rights Index	59.5	72
Judical Effectiveness Index	48	59.8
Business Freedom Index	83	73.6
Fiscal Health Index	96.4	72.3
Labor Freedom Index	63.7	71
Investment Freedom Index	55	85
Financial Freedom Index	60	30
Trade Freedom Index	83	77.4
Monetary Freedom Index	74	72.7
Government Spending Index	85.9	66.5
Tax Burden Index	80.7	75.2
Government Integrity Index	43.4	73.5
Corruption Perceptions Index	36	70
Life expectancy at birth, years	76.7	77.6
Suicide mortality rate, per 100,000 people	14.4	18.4
Mortality caused by road traffic injury, per 100,000 people	32.7	13.4
Intentional homicides, per 100,000 people	3.2	8.2
International tourism, number of arrivals	38.2M	3.5M

Government debt & reserves

Stat	Thailand	Uruguay
Central government debt, % of GDP	42.1%	70%
External debt stocks, % of GNI	35.1%	N/A
External debt stocks	$169.2B	N/A
Short-term debt, % of total reserves	29.3%	N/A
Total debt service, % of exports and primary income	5.4%	N/A
Adjusted net savings including particulate emission damage, % of GNI	14%	10.2%
Gross savings, % of GDP	32.2%	12%
Gross capital formation, % of GDP	25%	16.5%
Total reserves including gold	$205.6B	$15.6B
Foreign direct investment net inflows	$13.4B	$1.2B

Exports, imports and economic structure

Stat	Thailand	Uruguay
Exports of goods and services, % of GDP	66.8%	21%
Imports of goods and services, % of GDP	56.5%	19%
Current account balance (balance of payments)	$32.4B	$75.7M
Revenue excluding grants, % of GDP	19.5%	34.4%
Grants excluding technical cooperation, BoP	$90.4M	$9.1M
Personal remittances received	$7.5B	$104.3M
Industry including construction value added, % of GDP	35%	24.5%
Agriculture, forestry and fishing value added, % of GDP	8.1%	5.6%
Charges for the use of intellectual property, payments BoP	$5.3B	$124.2M
Charges for the use of intellectual property, receipts BoP	$163M	$44.7M
Expense, % of GDP	18.5%	35%
Government Expenditure, % of GDP	21.7%	33.4%