Kiribati vs Vanuatu: Economic Indicators Comparison

Vanuatu with a GDP of $914.3M ranked the 186th largest economy in the world, while Kiribati ranked 194th with $188.3M. By GDP 5-years average growth and GDP per capita, Vanuatu and Kiribati ranked 107th vs 68th and 133rd vs 156th, respectively.

Gross Domestic Product & Income

StatKiribatiVanuatu
GDP$188.3M$914.3M
GDP growth, 1 year2.3%3.2%
GDP growth, 5-years average3.5%2.7%
Population116k276k
GDP per capita$1.6k$3.1k
GDP per capita growth0.51%0.67%
Purchasing Power Parity conversion factor0.95106.84
Price level ratio of PPP conversion factor GDP to market exchange rate0.710.97
GDP per capita, PPP adjusted$2.1k$2.9k
GNI, Atlas method$363.8M$915.5M
GNI per capita$3.1k$3.1k
GNI, PPP adjusted$511.5M$951.3M
GNI per capita, PPP adjusted$4.4k$3.3k

Financial system and Human development

StatKiribatiVanuatu
Income Tax Rate35%0%
Corporate Tax Rate35%0%
Inflation, consumer prices1.9%2.8%
Inflation, GDP deflator2%2.9%
Unemployment30.6%5.4%
Economic Freedom Index45.260.7
Personal Freedom Index4.86.7
Human Freedom Index4.26.7
Property Rights Index47.568.3
Judical Effectiveness Index34.236.1
Business Freedom Index40.651.8
Fiscal Health Index9978.4
Labor Freedom Index62.954.6
Investment Freedom Index2565
Financial Freedom Index3040
Trade Freedom Index23.863.4
Monetary Freedom Index82.274.6
Government Spending Index061.1
Tax Burden Index72.497.1
Government Integrity Index24.337.4
Corruption Perceptions Index4046
Life expectancy at birth, years67.970.2
Suicide mortality rate, per 100,000 people14.44.5
Mortality caused by road traffic injury, per 100,000 people4.415.9
Intentional homicides, per 100,000 people7.52.1
International tourism, number of arrivals7.1k116k

Government debt & reserves

StatKiribatiVanuatu
Central government debt, % of GDP21.9%50.5%
External debt stocks, % of GNIN/A45.9%
External debt stocksN/A$402.2M
Short-term debt, % of total reservesN/A10.7%
Total debt service, % of exports and primary incomeN/A2.1%
Adjusted net savings including particulate emission damage, % of GNIN/A20.8%
Gross savings, % of GDP96%31.8%
Gross capital formation, % of GDP40%26.4%
Total reserves including goldN/A$420.6M
Foreign direct investment net inflows$591k$37.6M

Exports, imports and economic structure

StatKiribatiVanuatu
Exports of goods and services, % of GDP13.2%48.6%
Imports of goods and services, % of GDP92%49.4%
Current account balance (balance of payments)$70.5M$85.4M
Revenue excluding grants, % of GDP100.5%30.3%
Grants excluding technical cooperation, BoP$50.7M$57.9M
Personal remittances received$18M$35.2M
Industry including construction value added, % of GDP12.4%11.1%
Agriculture, forestry and fishing value added, % of GDP30.8%25.8%
Charges for the use of intellectual property, payments BoPN/A$543k
Charges for the use of intellectual property, receipts BoP$13.4M$718k
Expense, % of GDP77.4%25.6%
Government Expenditure, % of GDP125.7%36%

Compare with countries close by GDP per capita

Kiribati vs

CountryGDP
per capita
Population
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
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
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

Vanuatu vs

CountryGDP
per capita
Population
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
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
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
Laos
$2.5k
6.86M
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