Grenada vs Saint Lucia: Economic Indicators Comparison

Saint Lucia with a GDP of $1.9B ranked the 175th largest economy in the world, while Grenada ranked 183rd with $1.2B. By GDP per capita, Saint Lucia and Grenada ranked 71st vs 70th, respectively.

Gross Domestic Product & Income

StatGrenadaSaint Lucia
GDP$1.2B$1.9B
GDP growth, 1 year4.18%1%
GDP growth, 5-years averageN/A1.8%
Population108k179k
GDP per capita$11k$11k
GDP per capita growth3.64%0.34%
Purchasing Power Parity conversion factor1.852.06
Price level ratio of PPP conversion factor GDP to market exchange rate0.680.76
GDP per capita, PPP adjusted$16k$14k
GNI, Atlas method$1.1B$1.7B
GNI per capita$9.7k$9.6k
GNI, PPP adjusted$1.6B$2.4B
GNI per capita, PPP adjusted$14k$13k

Financial system and Human development

StatGrenadaSaint Lucia
Income Tax RateN/A30%
Corporate Tax RateN/A30%
Inflation, consumer prices0.8%1.9%
Inflation, GDP deflator1%4.9%
Unemployment22.9%20.9%
Economic Freedom Index6368.2
Personal Freedom Index66.5
Human Freedom Index66.5
Property Rights IndexN/A69.8
Judical Effectiveness IndexN/A62.6
Business Freedom IndexN/A76.7
Fiscal Health IndexN/A83.8
Labor Freedom IndexN/A66.4
Investment Freedom IndexN/A65
Financial Freedom IndexN/A40
Trade Freedom IndexN/A73.2
Monetary Freedom IndexN/A82
Government Spending IndexN/A80.6
Tax Burden IndexN/A76.9
Government Integrity IndexN/A41.8
Corruption Perceptions Index5255
Life expectancy at birth, years72.475.9
Suicide mortality rate, per 100,000 people1.77.8
Mortality caused by road traffic injury, per 100,000 people9.335.4
Intentional homicides, per 100,000 people11.129.6
International tourism, number of arrivals185k395k

Government debt & reserves

StatGrenadaSaint Lucia
Central government debt, % of GDPN/A66.8%
External debt stocks, % of GNI58.8%35.1%
External debt stocks$644.9M$615.8M
Short-term debt, % of total reserves50.4%31.9%
Total debt service, % of exports and primary income8.4%3.9%
Adjusted net savings including particulate emission damage, % of GNIN/A-2.3%
Gross savings, % of GDPN/A9.7%
Gross capital formation, % of GDPN/A21.6%
Total reserves including gold$233.8M$285.8M
Foreign direct investment net inflows$153.7M$40M

Exports, imports and economic structure

StatGrenadaSaint Lucia
Exports of goods and services, % of GDP54.2%36%
Imports of goods and services, % of GDP55.2%43.4%
Current account balance (balance of payments)-$116.3M$102.8M
Revenue excluding grants, % of GDPN/A21.3%
Grants excluding technical cooperation, BoP$250k$5M
Personal remittances received$48.5M$43M
Industry including construction value added, % of GDP13.3%10.1%
Agriculture, forestry and fishing value added, % of GDP5.2%2.1%
Charges for the use of intellectual property, payments BoP$9.3M$9.2M
Charges for the use of intellectual property, receipts BoP$56kN/A
Expense, % of GDPN/A19.4%
Government Expenditure, % of GDPN/A25.5%

Compare with countries close by GDP per capita

Grenada vs

CountryGDP
per capita
Population
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
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
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

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
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
Dominica
$7.7k
73.9k