Qatar vs Trinidad and Tobago: Economic Indicators Comparison

Qatar with a GDP of $191.4B ranked the 54th largest economy in the world, while Trinidad and Tobago ranked 113th with $23.8B. By GDP 5-years average growth and GDP per capita, Qatar and Trinidad and Tobago ranked 108th vs 175th and 9th vs 53rd, respectively.

Gross Domestic Product & Income

StatQatarTrinidad and Tobago
GDP$191.4B$23.8B
GDP growth, 1 year2.2%0.3%
GDP growth, 5-years average2.7%-1.5%
Population2.6M1.4M
GDP per capita$69k$17k
GDP per capita growth-0.58%-0.66%
Purchasing Power Parity conversion factor1.973.62
Price level ratio of PPP conversion factor GDP to market exchange rate0.540.54
GDP per capita, PPP adjusted$130k$32k
GNI, Atlas method$170.1B$22.2B
GNI per capita$61k$16k
GNI, PPP adjusted$346.1B$43.1B
GNI per capita, PPP adjusted$124k$31k

Financial system and Human development

StatQatarTrinidad and Tobago
Income Tax Rate0%25%
Corporate Tax Rate0%25%
Inflation, consumer prices0.2%1.1%
Inflation, GDP deflator13%6.1%
Unemployment0.1%2.8%
Economic Freedom Index72.358.3
Personal Freedom Index5.226.88
Human Freedom Index6.226.81
Property Rights Index66.956.6
Judical Effectiveness Index58.742.1
Business Freedom Index71.167.3
Fiscal Health Index93.715.9
Labor Freedom Index65.976
Investment Freedom Index6060
Financial Freedom Index6050
Trade Freedom Index81.667.8
Monetary Freedom Index80.677.4
Government Spending Index64.666.5
Tax Burden Index99.882.6
Government Integrity Index64.637.4
Corruption Perceptions Index6241
Life expectancy at birth, years8073.2
Suicide mortality rate, per 100,000 people6.613.6
Mortality caused by road traffic injury, per 100,000 people9.312.1
Intentional homicides, per 100,000 people0.430.9
International tourism, number of arrivals1.8M375k

Government debt & reserves

StatQatarTrinidad and Tobago
Central government debt, % of GDP48.4%45.3%
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 GNI26.8%N/A
Gross savings, % of GDP51.6%N/A
Gross capital formation, % of GDP42.9%N/A
Total reserves including gold$30.4B$8.1B
Foreign direct investment net inflows-$2.2B-$602.5M

Exports, imports and economic structure

StatQatarTrinidad and Tobago
Exports of goods and services, % of GDP53.6%N/A
Imports of goods and services, % of GDP34.4%N/A
Current account balance (balance of payments)$16.7B$1.2B
Revenue excluding grants, % of GDPN/A38.4%
Grants excluding technical cooperation, BoP$2.2M$2.4M
Personal remittances received$467M$138.7M
Industry including construction value added, % of GDP61.1%42%
Agriculture, forestry and fishing value added, % of GDP0.2%1%
Charges for the use of intellectual property, payments BoPN/A$63.9M
Charges for the use of intellectual property, receipts BoPN/A$882k
Expense, % of GDPN/A35.9%
Government Expenditure, % of GDP34.3%33.4%

Compare with countries close by GDP per capita

Qatar vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
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

Trinidad and Tobago vs

CountryGDP
per capita
Population
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
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
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
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