Chile vs Trinidad and Tobago: Economic Indicators Comparison

Chile with a GDP of $298.2B ranked the 42nd largest economy in the world, while Trinidad and Tobago ranked 113th with $23.8B. By GDP 5-years average growth and GDP per capita, Chile and Trinidad and Tobago ranked 123rd vs 175th and 59th vs 53rd, respectively.

Gross Domestic Product & Income

StatChileTrinidad and Tobago
GDP$298.2B$23.8B
GDP growth, 1 year4%0.3%
GDP growth, 5-years average2.2%-1.5%
Population18.1M1.4M
GDP per capita$16k$17k
GDP per capita growth2.59%-0.66%
Purchasing Power Parity conversion factor404.853.62
Price level ratio of PPP conversion factor GDP to market exchange rate0.630.54
GDP per capita, PPP adjusted$26k$32k
GNI, Atlas method$274.8B$22.2B
GNI per capita$15k$16k
GNI, PPP adjusted$453B$43.1B
GNI per capita, PPP adjusted$24k$31k

Financial system and Human development

StatChileTrinidad and Tobago
Income Tax Rate35%25%
Corporate Tax Rate27%25%
Inflation, consumer prices2.3%1.1%
Inflation, GDP deflator2%6.1%
Unemployment7.2%2.8%
Economic Freedom Index76.858.3
Personal Freedom Index8.46.88
Human Freedom Index8.116.81
Property Rights Index69.956.6
Judical Effectiveness Index61.142.1
Business Freedom Index7567.3
Fiscal Health Index90.515.9
Labor Freedom Index64.776
Investment Freedom Index8560
Financial Freedom Index7050
Trade Freedom Index8967.8
Monetary Freedom Index85.277.4
Government Spending Index80.866.5
Tax Burden Index76.482.6
Government Integrity Index73.437.4
Corruption Perceptions Index6741
Life expectancy at birth, years79.973.2
Suicide mortality rate, per 100,000 people10.613.6
Mortality caused by road traffic injury, per 100,000 people12.512.1
Intentional homicides, per 100,000 people4.330.9
International tourism, number of arrivals5.7M375k

Government debt & reserves

StatChileTrinidad and Tobago
Central government debt, % of GDP25.6%45.3%
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 GNI3.6%N/A
Gross savings, % of GDP19.5%N/A
Gross capital formation, % of GDP22.7%N/A
Total reserves including gold$39.9B$8.1B
Foreign direct investment net inflows$6.1B-$602.5M

Exports, imports and economic structure

StatChileTrinidad and Tobago
Exports of goods and services, % of GDP28.8%N/A
Imports of goods and services, % of GDP28.7%N/A
Current account balance (balance of payments)-$9.2B$1.2B
Revenue excluding grants, % of GDP22%38.4%
Grants excluding technical cooperation, BoP$25.2M$2.4M
Personal remittances received$66.1M$138.7M
Industry including construction value added, % of GDP30%42%
Agriculture, forestry and fishing value added, % of GDP3.6%1%
Charges for the use of intellectual property, payments BoP$1.8B$63.9M
Charges for the use of intellectual property, receipts BoP$46.2M$882k
Expense, % of GDP22.4%35.9%
Government Expenditure, % of GDP25.3%33.4%

Compare with countries close by GDP per capita

Chile vs

CountryGDP
per capita
Population
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
Uruguay
$17k
3.46M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
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
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M

Trinidad and Tobago vs

CountryGDP
per capita
Population
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
Uruguay
$17k
3.46M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
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
Russia
$11k
147M
Mauritius
$11k
1.26M