The Philippines vs the Seychelles: Economic Indicators Comparison

The Philippines with a GDP of $330.9B ranked the 40th largest economy in the world, while the Seychelles ranked 180th with $1.6B. By GDP 5-years average growth and GDP per capita, the Philippines and the Seychelles ranked 21st vs 45th and 134th vs 55th, respectively.

Gross Domestic Product & Income

StatPhilippinesSeychelles
GDP$330.9B$1.6B
GDP growth, 1 year6.2%3.6%
GDP growth, 5-years average6.4%4.6%
Population104.9M96k
GDP per capita$3.1k$16k
GDP per capita growth4.77%2.64%
Purchasing Power Parity conversion factor18.257.48
Price level ratio of PPP conversion factor GDP to market exchange rate0.350.54
GDP per capita, PPP adjusted$8.9k$31k
GNI, Atlas method$408.8B$1.5B
GNI per capita$3.8k$16k
GNI, PPP adjusted$1.1T$2.8B
GNI per capita, PPP adjusted$11k$29k

Financial system and Human development

StatPhilippinesSeychelles
Income Tax Rate35%15%
Corporate Tax Rate30%33%
Inflation, consumer prices5.2%3.7%
Inflation, GDP deflator3.8%4.1%
Unemployment2.5%3%
Economic Freedom Index64.564.3
Personal Freedom Index7.067.17
Human Freedom Index6.927.14
Property Rights Index54.668.3
Judical Effectiveness Index34.246.4
Business Freedom Index59.565.3
Fiscal Health Index96.393.2
Labor Freedom Index57.462.8
Investment Freedom Index6055
Financial Freedom Index6030
Trade Freedom Index81.682.6
Monetary Freedom Index66.978.6
Government Spending Index87.958.9
Tax Burden Index76.776.8
Government Integrity Index38.753.3
Corruption Perceptions Index3666
Life expectancy at birth, years7174.3
Suicide mortality rate, per 100,000 people3.29.3
Mortality caused by road traffic injury, per 100,000 people12.315.9
Intentional homicides, per 100,000 people8.412.7
International tourism, number of arrivals7.2M362k

Government debt & reserves

StatPhilippinesSeychelles
Central government debt, % of GDP39.6%58.2%
External debt stocks, % of GNI19.9%N/A
External debt stocks$78.8BN/A
Short-term debt, % of total reserves20.3%N/A
Total debt service, % of exports and primary income8.7%N/A
Adjusted net savings including particulate emission damage, % of GNI28.5%N/A
Gross savings, % of GDP42.4%10.2%
Gross capital formation, % of GDP26.9%32.5%
Total reserves including gold$79.2B$549.5M
Foreign direct investment net inflows$9.8B$43.9M

Exports, imports and economic structure

StatPhilippinesSeychelles
Exports of goods and services, % of GDP31.7%87%
Imports of goods and services, % of GDP44.4%102.1%
Current account balance (balance of payments)-$8.7B-$269.4M
Revenue excluding grants, % of GDP16.3%36.4%
Grants excluding technical cooperation, BoP$436.5M$13.8M
Personal remittances received$33.8B$22.7M
Industry including construction value added, % of GDP30.7%10.9%
Agriculture, forestry and fishing value added, % of GDP9.3%2%
Charges for the use of intellectual property, payments BoP$917M$2.2M
Charges for the use of intellectual property, receipts BoP$44.1M$1.4M
Expense, % of GDP14.9%33.3%
Government Expenditure, % of GDP20.1%37%

Compare with countries close by GDP per capita

Philippines vs

CountryGDP
per capita
Population
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
Vanuatu
$3.1k
276k
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
Nigeria
$2k
191M

Seychelles vs

CountryGDP
per capita
Population
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
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
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