Laos vs Vanuatu: Economic Indicators Comparison

Laos with a GDP of $18B ranked the 118th largest economy in the world, while Vanuatu ranked 186th with $914.3M. By GDP 5-years average growth and GDP per capita, Laos and Vanuatu ranked 11th vs 107th and 140th vs 133rd, respectively.

Gross Domestic Product & Income

StatLaosVanuatu
GDP$18B$914.3M
GDP growth, 1 year6.5%3.2%
GDP growth, 5-years average7%2.7%
Population6.9M276k
GDP per capita$2.5k$3.1k
GDP per capita growth4.62%0.67%
Purchasing Power Parity conversion factor2901.2106.84
Price level ratio of PPP conversion factor GDP to market exchange rate0.340.97
GDP per capita, PPP adjusted$7.9k$2.9k
GNI, Atlas method$17.3B$915.5M
GNI per capita$2.5k$3.1k
GNI, PPP adjusted$50.1B$951.3M
GNI per capita, PPP adjusted$7.1k$3.3k

Financial system and Human development

StatLaosVanuatu
Income Tax Rate24%0%
Corporate Tax Rate24%0%
Inflation, consumer prices2%2.8%
Inflation, GDP deflator1.9%2.9%
Unemployment0.6%5.4%
Economic Freedom Index55.560.7
Personal Freedom Index5.86.7
Human Freedom Index6.26.7
Property Rights Index42.568.3
Judical Effectiveness Index37.336.1
Business Freedom Index54.351.8
Fiscal Health Index53.378.4
Labor Freedom Index58.654.6
Investment Freedom Index3565
Financial Freedom Index2040
Trade Freedom Index8263.4
Monetary Freedom Index76.874.6
Government Spending Index86.661.1
Tax Burden Index8797.1
Government Integrity Index3237.4
Corruption Perceptions Index2946
Life expectancy at birth, years67.370.2
Suicide mortality rate, per 100,000 people8.64.5
Mortality caused by road traffic injury, per 100,000 people16.615.9
Intentional homicides, per 100,000 people72.1
International tourism, number of arrivals3.8M116k

Government debt & reserves

StatLaosVanuatu
Central government debt, % of GDP63%50.5%
External debt stocks, % of GNI90.2%45.9%
External debt stocks$15.6B$402.2M
Short-term debt, % of total reserves41.2%10.7%
Total debt service, % of exports and primary income14.6%2.1%
Adjusted net savings including particulate emission damage, % of GNI-1.2%20.8%
Gross savings, % of GDP17.6%31.8%
Gross capital formation, % of GDP29%26.4%
Total reserves including gold$980.4M$420.6M
Foreign direct investment net inflows$1.3B$37.6M

Exports, imports and economic structure

StatLaosVanuatu
Exports of goods and services, % of GDP33.2%48.6%
Imports of goods and services, % of GDP41.9%49.4%
Current account balance (balance of payments)-$1.4B$85.4M
Revenue excluding grants, % of GDPN/A30.3%
Grants excluding technical cooperation, BoP$337.3M$57.9M
Personal remittances received$238.7M$35.2M
Industry including construction value added, % of GDP31.5%11.1%
Agriculture, forestry and fishing value added, % of GDP15.7%25.8%
Charges for the use of intellectual property, payments BoPN/A$543k
Charges for the use of intellectual property, receipts BoPN/A$718k
Expense, % of GDPN/A25.6%
Government Expenditure, % of GDP21.1%36%

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
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
Kiribati
$1.6k
116k

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
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