The Cayman Islands vs Laos: Economic Indicators Comparison

Laos with a GDP of $18B ranked the 118th largest economy in the world, while the Cayman Islands ranked 158th with $5.1B. By GDP per capita, Laos and the Cayman Islands ranked 140th vs 6th, respectively.

Gross Domestic Product & Income

StatCayman IslandsLaos
GDP$5.1B$18B
GDP growth, 1 year3.04%6.5%
GDP growth, 5-years averageN/A7%
Population58k6.9M
GDP per capita$81k$2.5k
GDP per capita growth1.72%4.62%
Purchasing Power Parity conversion factor0.932901.2
Price level ratio of PPP conversion factor GDP to market exchange rate1.120.34
GDP per capita, PPP adjusted$73k$7.9k
GNI, Atlas method$3B$17.3B
GNI per capita$47k$2.5k
GNI, PPP adjusted$2.8B$50.1B
GNI per capita, PPP adjusted$44k$7.1k

Financial system and Human development

StatCayman IslandsLaos
Income Tax RateN/A24%
Corporate Tax RateN/A24%
Inflation, consumer prices-0.6%2%
Inflation, GDP deflator1.9%1.9%
Unemployment4.2%0.6%
Economic Freedom Index7455.5
Personal Freedom Index8.15.8
Human Freedom Index8.16.2
Property Rights IndexN/A42.5
Judical Effectiveness IndexN/A37.3
Business Freedom IndexN/A54.3
Fiscal Health IndexN/A53.3
Labor Freedom IndexN/A58.6
Investment Freedom IndexN/A35
Financial Freedom IndexN/A20
Trade Freedom IndexN/A82
Monetary Freedom IndexN/A76.8
Government Spending IndexN/A86.6
Tax Burden IndexN/A87
Government Integrity IndexN/A32
Corruption Perceptions Index7629
Life expectancy at birth, years82.267.3
Suicide mortality rate, per 100,000 people0.58.6
Mortality caused by road traffic injury, per 100,000 people1416.6
Intentional homicides, per 100,000 people8.57
International tourism, number of arrivals463k3.8M

Government debt & reserves

StatCayman IslandsLaos
Central government debt, % of GDPN/A63%
External debt stocks, % of GNIN/A90.2%
External debt stocksN/A$15.6B
Short-term debt, % of total reservesN/A41.2%
Total debt service, % of exports and primary incomeN/A14.6%
Adjusted net savings including particulate emission damage, % of GNIN/A-1.2%
Gross savings, % of GDPN/A17.6%
Gross capital formation, % of GDPN/A29%
Total reserves including gold$162.1M$980.4M
Foreign direct investment net inflows$57.4B$1.3B

Exports, imports and economic structure

StatCayman IslandsLaos
Exports of goods and services, % of GDPN/A33.2%
Imports of goods and services, % of GDPN/A41.9%
Current account balance (balance of payments)-$997.9M-$1.4B
Revenue excluding grants, % of GDPN/AN/A
Grants excluding technical cooperation, BoP$0$337.3M
Personal remittances received$15.6M$238.7M
Industry including construction value added, % of GDP7.2%31.5%
Agriculture, forestry and fishing value added, % of GDP0.4%15.7%
Charges for the use of intellectual property, payments BoP$68MN/A
Charges for the use of intellectual property, receipts BoP$9.3MN/A
Expense, % of GDPN/AN/A
Government Expenditure, % of GDPN/A21.1%

Compare with countries close by GDP per capita

Cayman Islands vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
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
San Marino
$48k
33.4k
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

Laos vs

CountryGDP
per capita
Population
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
Vanuatu
$3.1k
276k
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
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
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