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Dominica vs Singapore: Economic Indicators Comparison

Singapore with a GDP of $364.2B ranked the 36th largest economy in the world, while Dominica ranked 189th with $550.9M. By GDP 5-years average growth and GDP per capita, Singapore and Dominica ranked 76th vs 177th and 10th vs 87th, respectively.

Gross Domestic Product & Income

StatDominicaSingapore
GDP$550.9M$364.2B
GDP growth, 1 year-12%3.2%
GDP growth, 5-years average-2.8%3.3%
Population72k5.9M
GDP per capita$7.7k$65k
GDP per capita growth2.03%2.66%
Purchasing Power Parity conversion factor1.870.86
Price level ratio of PPP conversion factor GDP to market exchange rate0.690.64
GDP per capita, PPP adjusted$9.9k$100k
GNI, Atlas method$508.1M$331.4B
GNI per capita$7.1k$59k
GNI, PPP adjusted$735.4M$533.8B
GNI per capita, PPP adjusted$10k$95k

Financial system and Human development

StatDominicaSingapore
Income Tax Rate35%22%
Corporate Tax Rate30%17%
Inflation, consumer prices1.4%0.4%
Inflation, GDP deflator3.6%1.9%
Unemployment0%3.8%
Economic Freedom Index60.889.4
Personal Freedom Index6.17.44
Human Freedom Index6.18.1
Property Rights Index59.896.8
Judical Effectiveness Index62.692.9
Business Freedom Index70.492.8
Fiscal Health Index86.280
Labor Freedom Index60.790.9
Investment Freedom Index7085
Financial Freedom Index3080
Trade Freedom Index68.494.8
Monetary Freedom Index83.585.6
Government Spending Index1691.1
Tax Burden Index70.590.3
Government Integrity Index51.292.4
Corruption Perceptions Index5785
Life expectancy at birth, years76.682.9
Suicide mortality rate, per 100,000 people29.9
Mortality caused by road traffic injury, per 100,000 people10.92.8
Intentional homicides, per 100,000 people25.70.2
International tourism, number of arrivals63k14.7M

Government debt & reserves

StatDominicaSingapore
Central government debt, % of GDP83.1%108.3%
External debt stocks, % of GNI55.3%N/A
External debt stocks$279.2MN/A
Short-term debt, % of total reserves6.9%N/A
Total debt service, % of exports and primary income16.5%N/A
Adjusted net savings including particulate emission damage, % of GNIN/A36.8%
Gross savings, % of GDPN/A45.8%
Gross capital formation, % of GDPN/A26.6%
Total reserves including gold$191.3M$292.7B
Foreign direct investment net inflows$13.3M$82B

Exports, imports and economic structure

StatDominicaSingapore
Exports of goods and services, % of GDP42.9%176.4%
Imports of goods and services, % of GDP65.1%149.8%
Current account balance (balance of payments)-$225.1M$65.1B
Revenue excluding grants, % of GDPN/A18.8%
Grants excluding technical cooperation, BoP$28.3M$1.6M
Personal remittances received$49.2MN/A
Industry including construction value added, % of GDP15.8%25.2%
Agriculture, forestry and fishing value added, % of GDP11.1%0%
Charges for the use of intellectual property, payments BoP$662k$15.2B
Charges for the use of intellectual property, receipts BoP$119$8.7B
Expense, % of GDPN/A15.2%
Government Expenditure, % of GDP52.9%17.2%

Compare with countries close by GDP per capita

Dominica vs

CountryGDP
per capita
Population
Maldives
$10k
345k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
15.7M
Belarus
$6.3k
9.49M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M

Singapore vs

CountryGDP
per capita
Population
Monaco
$186k
37.8k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
614k
Switzerland
$83k
8.21M
Norway
$82k
5.33M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.17M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
23.4M
Sweden
$55k
10.3M
Netherlands
$53k
17.2M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k