Malta vs Saint Lucia: Economic Indicators Comparison

Malta with a GDP of $14.6B ranked the 126th largest economy in the world, while Saint Lucia ranked 175th with $1.9B. By GDP 5-years average growth and GDP per capita, Malta and Saint Lucia ranked 5th vs 140th and 35th vs 71st, respectively.

Gross Domestic Product & Income

StatMaltaSaint Lucia
GDP$14.6B$1.9B
GDP growth, 1 year6.4%1%
GDP growth, 5-years average7.6%1.8%
Population465k179k
GDP per capita$30k$11k
GDP per capita growth3.34%0.34%
Purchasing Power Parity conversion factor0.62.06
Price level ratio of PPP conversion factor GDP to market exchange rate0.710.76
GDP per capita, PPP adjusted$46k$14k
GNI, Atlas method$12.8B$1.7B
GNI per capita$26k$9.6k
GNI, PPP adjusted$19B$2.4B
GNI per capita, PPP adjusted$39k$13k

Financial system and Human development

StatMaltaSaint Lucia
Income Tax Rate35%30%
Corporate Tax Rate35%30%
Inflation, consumer prices1.7%1.9%
Inflation, GDP deflator2.1%4.9%
Unemployment4.6%20.9%
Economic Freedom Index69.568.2
Personal Freedom Index9.086.5
Human Freedom Index8.426.5
Property Rights Index70.569.8
Judical Effectiveness Index49.662.6
Business Freedom Index6876.7
Fiscal Health Index95.983.8
Labor Freedom Index61.166.4
Investment Freedom Index8565
Financial Freedom Index6040
Trade Freedom Index86.473.2
Monetary Freedom Index77.182
Government Spending Index6080.6
Tax Burden Index64.876.9
Government Integrity Index55.141.8
Corruption Perceptions Index5455
Life expectancy at birth, years82.575.9
Suicide mortality rate, per 100,000 people7.57.8
Mortality caused by road traffic injury, per 100,000 people6.135.4
Intentional homicides, per 100,000 people0.929.6
International tourism, number of arrivals2.6M395k

Government debt & reserves

StatMaltaSaint Lucia
Central government debt, % of GDP45.4%66.8%
External debt stocks, % of GNIN/A35.1%
External debt stocksN/A$615.8M
Short-term debt, % of total reservesN/A31.9%
Total debt service, % of exports and primary incomeN/A3.9%
Adjusted net savings including particulate emission damage, % of GNIN/A-2.3%
Gross savings, % of GDP31.1%9.7%
Gross capital formation, % of GDP19.1%21.6%
Total reserves including gold$1B$285.8M
Foreign direct investment net inflows$4.7B$40M

Exports, imports and economic structure

StatMaltaSaint Lucia
Exports of goods and services, % of GDP144.9%36%
Imports of goods and services, % of GDP124%43.4%
Current account balance (balance of payments)$1.4B$102.8M
Revenue excluding grants, % of GDP38.8%21.3%
Grants excluding technical cooperation, BoP$6.8M$5M
Personal remittances received$276.5M$43M
Industry including construction value added, % of GDP12.1%10.1%
Agriculture, forestry and fishing value added, % of GDP0.9%2.1%
Charges for the use of intellectual property, payments BoP$814.5M$9.2M
Charges for the use of intellectual property, receipts BoP$618.8MN/A
Expense, % of GDP34.9%19.4%
Government Expenditure, % of GDP36.5%25.5%

Compare with countries close by GDP per capita

Malta vs

CountryGDP
per capita
Population
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k

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