Barbados vs San Marino: Economic Indicators Comparison

Barbados with a GDP of $5.1B ranked the 157th largest economy in the world, while San Marino ranked 177th with $1.6B. By GDP per capita, Barbados and San Marino ranked 50th vs 18th, respectively.

Gross Domestic Product & Income

StatBarbadosSan Marino
GDP$5.1B$1.6B
GDP growth, 1 year-0.5%1.5%
GDP growth, 5-years average0.7%N/A
Population286k33k
GDP per capita$18k$48k
GDP per capita growth-0.64%1%
Purchasing Power Parity conversion factor1.930.68
Price level ratio of PPP conversion factor GDP to market exchange rate0.970.77
GDP per capita, PPP adjusted$19k$63k
GNI, Atlas method$4.4BN/A
GNI per capita$15kN/A
GNI, PPP adjusted$4.7BN/A
GNI per capita, PPP adjusted$16kN/A

Financial system and Human development

StatBarbadosSan Marino
Income Tax Rate40%N/A
Corporate Tax Rate5.5%N/A
Inflation, consumer prices3.6%1%
Inflation, GDP deflator3.6%0.9%
Unemployment9.6%6.4%
Economic Freedom Index61.476
Personal Freedom Index8.228.1
Human Freedom Index7.218.2
Property Rights Index56.6N/A
Judical Effectiveness Index36.1N/A
Business Freedom Index69.4N/A
Fiscal Health Index63.1N/A
Labor Freedom Index60N/A
Investment Freedom Index70N/A
Financial Freedom Index60N/A
Trade Freedom Index56.6N/A
Monetary Freedom Index77.9N/A
Government Spending Index69.2N/A
Tax Burden Index73.6N/A
Government Integrity Index44N/A
Corruption Perceptions Index6880
Life expectancy at birth, years7985.4
Suicide mortality rate, per 100,000 people0.80.5
Mortality caused by road traffic injury, per 100,000 people5.60
Intentional homicides, per 100,000 people10.50
International tourism, number of arrivals680k84k

Government debt & reserves

StatBarbadosSan Marino
Central government debt, % of GDP124.5%53.8%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNI-6.8%N/A
Gross savings, % of GDP-0.5%N/A
Gross capital formation, % of GDP11.3%N/A
Total reserves including gold$431.8M$339M
Foreign direct investment net inflows$195.1M$390k

Exports, imports and economic structure

StatBarbadosSan Marino
Exports of goods and services, % of GDP42%N/A
Imports of goods and services, % of GDP40.9%N/A
Current account balance (balance of payments)-$248.2MN/A
Revenue excluding grants, % of GDP26.7%39.8%
Grants excluding technical cooperation, BoP$13.8MN/A
Personal remittances received$108.3MN/A
Industry including construction value added, % of GDP14%N/A
Agriculture, forestry and fishing value added, % of GDP1.3%N/A
Charges for the use of intellectual property, payments BoP$12.1MN/A
Charges for the use of intellectual property, receipts BoP$33.4MN/A
Expense, % of GDP35.2%42.2%
Government Expenditure, % of GDP32%N/A

Compare with countries close by GDP per capita

Barbados vs

CountryGDP
per capita
Population
Malta
$30k
465k
Cyprus
$28k
1.14M
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
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
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

San Marino vs

CountryGDP
per capita
Population
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M