Uruguay vs Zambia: Economic Indicators Comparison

Uruguay with a GDP of $59.6B ranked the 79th largest economy in the world, while Zambia ranked 106th with $26.7B. By GDP 5-years average growth and GDP per capita, Uruguay and Zambia ranked 129th vs 62nd and 52nd vs 157th, respectively.

Gross Domestic Product & Income

StatUruguayZambia
GDP$59.6B$26.7B
GDP growth, 1 year2.1%3.5%
GDP growth, 5-years average2%3.6%
Population3.5M17.1M
GDP per capita$17k$1.5k
GDP per capita growth1.25%0.82%
Purchasing Power Parity conversion factor22.523.81
Price level ratio of PPP conversion factor GDP to market exchange rate0.730.36
GDP per capita, PPP adjusted$23k$4.1k
GNI, Atlas method$54B$24.8B
GNI per capita$16k$1.4k
GNI, PPP adjusted$75.7B$71.2B
GNI per capita, PPP adjusted$22k$4.1k

Financial system and Human development

StatUruguayZambia
Income Tax Rate30%35%
Corporate Tax Rate25%35%
Inflation, consumer prices7.6%7%
Inflation, GDP deflator5.6%9.3%
Unemployment8%7.2%
Economic Freedom Index69.153.5
Personal Freedom Index8.786.26
Human Freedom Index7.936.67
Property Rights Index7245.2
Judical Effectiveness Index59.831.3
Business Freedom Index73.666.4
Fiscal Health Index72.318.4
Labor Freedom Index7147
Investment Freedom Index8555
Financial Freedom Index3050
Trade Freedom Index77.472.6
Monetary Freedom Index72.772.2
Government Spending Index66.581.7
Tax Burden Index75.273.2
Government Integrity Index73.528.4
Corruption Perceptions Index7035
Life expectancy at birth, years77.663
Suicide mortality rate, per 100,000 people18.46.1
Mortality caused by road traffic injury, per 100,000 people13.424.7
Intentional homicides, per 100,000 people8.25.3
International tourism, number of arrivals3.5M1.1M

Government debt & reserves

StatUruguayZambia
Central government debt, % of GDP70%72.4%
External debt stocks, % of GNIN/A73.7%
External debt stocksN/A$19.1B
Short-term debt, % of total reservesN/A42.5%
Total debt service, % of exports and primary incomeN/A14.6%
Adjusted net savings including particulate emission damage, % of GNI10.2%9.2%
Gross savings, % of GDP12%31.3%
Gross capital formation, % of GDP16.5%38.2%
Total reserves including gold$15.6B$1.6B
Foreign direct investment net inflows$1.2B$408.4M

Exports, imports and economic structure

StatUruguayZambia
Exports of goods and services, % of GDP21%37.4%
Imports of goods and services, % of GDP19%38.2%
Current account balance (balance of payments)$75.7M-$342.3M
Revenue excluding grants, % of GDP34.4%16.9%
Grants excluding technical cooperation, BoP$9.1M$806.4M
Personal remittances received$104.3M$107M
Industry including construction value added, % of GDP24.5%36.3%
Agriculture, forestry and fishing value added, % of GDP5.6%2.6%
Charges for the use of intellectual property, payments BoP$124.2M$35M
Charges for the use of intellectual property, receipts BoP$44.7MN/A
Expense, % of GDP35%20.8%
Government Expenditure, % of GDP33.4%24.7%

Compare with countries close by GDP per capita

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

Zambia vs

CountryGDP
per capita
Population
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
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
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
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M