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

StatThailandUruguay
GDP$505B$59.6B
GDP growth, 1 year4.1%2.1%
GDP growth, 5-years average3.1%2%
Population65.9M3.5M
GDP per capita$7.3k$17k
GDP per capita growth3.8%1.25%
Purchasing Power Parity conversion factor12.3422.52
Price level ratio of PPP conversion factor GDP to market exchange rate0.380.73
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

StatThailandUruguay
Income Tax Rate35%30%
Corporate Tax Rate20%25%
Inflation, consumer prices1.1%7.6%
Inflation, GDP deflator1.4%5.6%
Unemployment0.7%8%
Economic Freedom Index69.469.1
Personal Freedom Index7.428.78
Human Freedom Index7.117.93
Property Rights Index59.572
Judical Effectiveness Index4859.8
Business Freedom Index8373.6
Fiscal Health Index96.472.3
Labor Freedom Index63.771
Investment Freedom Index5585
Financial Freedom Index6030
Trade Freedom Index8377.4
Monetary Freedom Index7472.7
Government Spending Index85.966.5
Tax Burden Index80.775.2
Government Integrity Index43.473.5
Corruption Perceptions Index3670
Life expectancy at birth, years76.777.6
Suicide mortality rate, per 100,000 people14.418.4
Mortality caused by road traffic injury, per 100,000 people32.713.4
Intentional homicides, per 100,000 people3.28.2
International tourism, number of arrivals38.2M3.5M

Government debt & reserves

StatThailandUruguay
Central government debt, % of GDP42.1%70%
External debt stocks, % of GNI35.1%N/A
External debt stocks$169.2BN/A
Short-term debt, % of total reserves29.3%N/A
Total debt service, % of exports and primary income5.4%N/A
Adjusted net savings including particulate emission damage, % of GNI14%10.2%
Gross savings, % of GDP32.2%12%
Gross capital formation, % of GDP25%16.5%
Total reserves including gold$205.6B$15.6B
Foreign direct investment net inflows$13.4B$1.2B

Exports, imports and economic structure

StatThailandUruguay
Exports of goods and services, % of GDP66.8%21%
Imports of goods and services, % of GDP56.5%19%
Current account balance (balance of payments)$32.4B$75.7M
Revenue excluding grants, % of GDP19.5%34.4%
Grants excluding technical cooperation, BoP$90.4M$9.1M
Personal remittances received$7.5B$104.3M
Industry including construction value added, % of GDP35%24.5%
Agriculture, forestry and fishing value added, % of GDP8.1%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 GDP18.5%35%
Government Expenditure, % of GDP21.7%33.4%

Compare with countries close by GDP per capita

Thailand vs

CountryGDP
per capita
Population
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
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
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
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

Uruguay vs

CountryGDP
per capita
Population
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M