Laos vs Saint Lucia: Economic Indicators Comparison

Laos with a GDP of $18B ranked the 118th largest economy in the world, while Saint Lucia ranked 175th with $1.9B. By GDP 5-years average growth and GDP per capita, Laos and Saint Lucia ranked 11th vs 140th and 140th vs 71st, respectively.

Gross Domestic Product & Income

StatLaosSaint Lucia
GDP$18B$1.9B
GDP growth, 1 year6.5%1%
GDP growth, 5-years average7%1.8%
Population6.9M179k
GDP per capita$2.5k$11k
GDP per capita growth4.62%0.34%
Purchasing Power Parity conversion factor2901.22.06
Price level ratio of PPP conversion factor GDP to market exchange rate0.340.76
GDP per capita, PPP adjusted$7.9k$14k
GNI, Atlas method$17.3B$1.7B
GNI per capita$2.5k$9.6k
GNI, PPP adjusted$50.1B$2.4B
GNI per capita, PPP adjusted$7.1k$13k

Financial system and Human development

StatLaosSaint Lucia
Income Tax Rate24%30%
Corporate Tax Rate24%30%
Inflation, consumer prices2%1.9%
Inflation, GDP deflator1.9%4.9%
Unemployment0.6%20.9%
Economic Freedom Index55.568.2
Personal Freedom Index5.86.5
Human Freedom Index6.26.5
Property Rights Index42.569.8
Judical Effectiveness Index37.362.6
Business Freedom Index54.376.7
Fiscal Health Index53.383.8
Labor Freedom Index58.666.4
Investment Freedom Index3565
Financial Freedom Index2040
Trade Freedom Index8273.2
Monetary Freedom Index76.882
Government Spending Index86.680.6
Tax Burden Index8776.9
Government Integrity Index3241.8
Corruption Perceptions Index2955
Life expectancy at birth, years67.375.9
Suicide mortality rate, per 100,000 people8.67.8
Mortality caused by road traffic injury, per 100,000 people16.635.4
Intentional homicides, per 100,000 people729.6
International tourism, number of arrivals3.8M395k

Government debt & reserves

StatLaosSaint Lucia
Central government debt, % of GDP63%66.8%
External debt stocks, % of GNI90.2%35.1%
External debt stocks$15.6B$615.8M
Short-term debt, % of total reserves41.2%31.9%
Total debt service, % of exports and primary income14.6%3.9%
Adjusted net savings including particulate emission damage, % of GNI-1.2%-2.3%
Gross savings, % of GDP17.6%9.7%
Gross capital formation, % of GDP29%21.6%
Total reserves including gold$980.4M$285.8M
Foreign direct investment net inflows$1.3B$40M

Exports, imports and economic structure

StatLaosSaint Lucia
Exports of goods and services, % of GDP33.2%36%
Imports of goods and services, % of GDP41.9%43.4%
Current account balance (balance of payments)-$1.4B$102.8M
Revenue excluding grants, % of GDPN/A21.3%
Grants excluding technical cooperation, BoP$337.3M$5M
Personal remittances received$238.7M$43M
Industry including construction value added, % of GDP31.5%10.1%
Agriculture, forestry and fishing value added, % of GDP15.7%2.1%
Charges for the use of intellectual property, payments BoPN/A$9.2M
Charges for the use of intellectual property, receipts BoPN/AN/A
Expense, % of GDPN/A19.4%
Government Expenditure, % of GDP21.1%25.5%

Compare with countries close by GDP per capita

Laos vs

CountryGDP
per capita
Population
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
Vanuatu
$3.1k
276k
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
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

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