Eritrea vs Saint Lucia: Economic Indicators Comparison

Eritrea with a GDP of $2.6B ranked the 170th largest economy in the world, while Saint Lucia ranked 175th with $1.9B. By GDP 5-years average growth and GDP per capita, Eritrea and Saint Lucia ranked 79th vs 140th and 178th vs 71st, respectively.

Gross Domestic Product & Income

StatEritreaSaint Lucia
GDP$2.6B$1.9B
GDP growth, 1 year4.2%1%
GDP growth, 5-years average3.3%1.8%
Population3.5M179k
GDP per capita$811$11k
GDP per capita growth7.21%0.34%
Purchasing Power Parity conversion factor5.932.06
Price level ratio of PPP conversion factor GDP to market exchange rate0.390.76
GDP per capita, PPP adjusted$1.7k$14k
GNI, Atlas method$2.3B$1.7B
GNI per capita$720$9.6k
GNI, PPP adjusted$6.7B$2.4B
GNI per capita, PPP adjusted$2.1k$13k

Financial system and Human development

StatEritreaSaint Lucia
Income Tax Rate30%30%
Corporate Tax Rate30%30%
Inflation, consumer prices9%1.9%
Inflation, GDP deflator13.3%4.9%
Unemployment6.5%20.9%
Economic Freedom Index38.568.2
Personal Freedom Index4.86.5
Human Freedom Index4.86.5
Property Rights Index32.569.8
Judical Effectiveness Index14.362.6
Business Freedom Index18.276.7
Fiscal Health Index083.8
Labor Freedom Index69.766.4
Investment Freedom Index065
Financial Freedom Index2040
Trade Freedom Index69.273.2
Monetary Freedom Index6182
Government Spending Index74.780.6
Tax Burden Index81.476.9
Government Integrity Index21.441.8
Corruption Perceptions Index2455
Life expectancy at birth, years65.575.9
Suicide mortality rate, per 100,000 people7.97.8
Mortality caused by road traffic injury, per 100,000 people25.335.4
Intentional homicides, per 100,000 people829.6
International tourism, number of arrivals142k395k

Government debt & reserves

StatEritreaSaint Lucia
Central government debt, % of GDP129.4%66.8%
External debt stocks, % of GNI40.8%35.1%
External debt stocks$791.2M$615.8M
Short-term debt, % of total reserves16%31.9%
Total debt service, % of exports and primary income4.3%3.9%
Adjusted net savings including particulate emission damage, % of GNI0.5%-2.3%
Gross savings, % of GDP15.8%9.7%
Gross capital formation, % of GDP10%21.6%
Total reserves including gold$114.8M$285.8M
Foreign direct investment net inflows$61M$40M

Exports, imports and economic structure

StatEritreaSaint Lucia
Exports of goods and services, % of GDP14.4%36%
Imports of goods and services, % of GDP23.2%43.4%
Current account balance (balance of payments)-$104.7M$102.8M
Revenue excluding grants, % of GDPN/A21.3%
Grants excluding technical cooperation, BoP$82M$5M
Personal remittances received$3.3M$43M
Industry including construction value added, % of GDP21.8%10.1%
Agriculture, forestry and fishing value added, % of GDP14.1%2.1%
Charges for the use of intellectual property, payments BoP$281k$9.2M
Charges for the use of intellectual property, receipts BoP$94kN/A
Expense, % of GDPN/A19.4%
Government Expenditure, % of GDP29.1%25.5%

Compare with countries close by GDP per capita

Eritrea vs

CountryGDP
per capita
Population
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
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M

Saint Lucia vs

CountryGDP
per capita
Population
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
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M