Palau vs the Vatican City: Economic Indicators Comparison

Palau with a GDP of $284M ranked the 192nd largest economy in the world, while the Vatican City ranked 197th with $21.2M. By GDP per capita, Palau and the Vatican City ranked 60th vs 44th, respectively.

Gross Domestic Product & Income

StatPalauVatican City
GDP$284M$21.2M
GDP growth, 1 year1.71%N/A
GDP growth, 5-years averageN/AN/A
Population22k1k
GDP per capita$16k$21k
GDP per capita growth1.14%N/A
Purchasing Power Parity conversion factor0.86N/A
Price level ratio of PPP conversion factor GDP to market exchange rate0.86N/A
GDP per capita, PPP adjusted$19k$30k
GNI, Atlas method$309.4MN/A
GNI per capita$17kN/A
GNI, PPP adjusted$349.4MN/A
GNI per capita, PPP adjusted$20kN/A

Financial system and Human development

StatPalauVatican City
Income Tax RateN/AN/A
Corporate Tax RateN/AN/A
Inflation, consumer prices1.3%N/A
Inflation, GDP deflator-2.5%N/A
Unemployment1.4%N/A
Economic Freedom Index6265
Personal Freedom Index6.48.5
Human Freedom Index6.47.8
Property Rights IndexN/AN/A
Judical Effectiveness IndexN/AN/A
Business Freedom IndexN/AN/A
Fiscal Health IndexN/AN/A
Labor Freedom IndexN/AN/A
Investment Freedom IndexN/AN/A
Financial Freedom IndexN/AN/A
Trade Freedom IndexN/AN/A
Monetary Freedom IndexN/AN/A
Government Spending IndexN/AN/A
Tax Burden IndexN/AN/A
Government Integrity IndexN/AN/A
Corruption Perceptions Index4960
Life expectancy at birth, years69.177
Suicide mortality rate, per 100,000 people21.70.2
Mortality caused by road traffic injury, per 100,000 people4.80.5
Intentional homicides, per 100,000 people3.10
International tourism, number of arrivals106kN/A

Government debt & reserves

StatPalauVatican City
Central government debt, % of GDP67.5%N/A
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNIN/AN/A
Gross savings, % of GDP10.7%N/A
Gross capital formation, % of GDP26.7%N/A
Total reserves including goldN/AN/A
Foreign direct investment net inflows$21.5MN/A

Exports, imports and economic structure

StatPalauVatican City
Exports of goods and services, % of GDP47%N/A
Imports of goods and services, % of GDP76.3%N/A
Current account balance (balance of payments)-$51.8MN/A
Revenue excluding grants, % of GDP27.3%N/A
Grants excluding technical cooperation, BoP$81.2MN/A
Personal remittances received$2.2MN/A
Industry including construction value added, % of GDP8%N/A
Agriculture, forestry and fishing value added, % of GDP3.2%N/A
Charges for the use of intellectual property, payments BoPN/AN/A
Charges for the use of intellectual property, receipts BoPN/AN/A
Expense, % of GDP41.4%N/A
Government Expenditure, % of GDPN/AN/A

Compare with countries close by GDP per capita

Palau vs

CountryGDP
per capita
Population
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
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
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
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M

Vatican City vs

CountryGDP
per capita
Population
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
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
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
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M