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Russia vs Trinidad and Tobago: Economic Indicators Comparison

Russia with a GDP of $1.7T ranked the 11th largest economy in the world, while Trinidad and Tobago ranked 113rd with $23.8B. By GDP 5-years average growth and GDP per capita, Russia and Trinidad and Tobago ranked 162nd vs 175th and 68th vs 53rd, respectively.

Gross Domestic Product & Income

StatRussiaTrinidad and Tobago
GDP$1.7T$23.8B
GDP growth, 1 year2.3%0.3%
GDP growth, 5-years average0.5%-1.5%
Population146.8M1.3M
GDP per capita$11k$17k
GDP per capita growth2.26%-0.66%
Purchasing Power Parity conversion factor25.643.62
Price level ratio of PPP conversion factor GDP to market exchange rate0.410.54
GDP per capita, PPP adjusted$29k$32k
GNI, Atlas method$1.5T$22.2B
GNI per capita$10k$16k
GNI, PPP adjusted$3.9T$43.1B
GNI per capita, PPP adjusted$26k$31k

Financial system and Human development

StatRussiaTrinidad and Tobago
Income Tax Rate13%25%
Corporate Tax Rate20%25%
Inflation, consumer prices2.9%1.1%
Inflation, GDP deflator10.3%6.1%
Unemployment4.7%2.8%
Economic Freedom Index6158.3
Personal Freedom Index6.566.88
Human Freedom Index6.496.81
Property Rights Index56.856.6
Judical Effectiveness Index44.442.1
Business Freedom Index80.267.3
Fiscal Health Index98.715.9
Labor Freedom Index52.176
Investment Freedom Index3060
Financial Freedom Index3050
Trade Freedom Index77.867.8
Monetary Freedom Index68.277.4
Government Spending Index63.866.5
Tax Burden Index88.582.6
Government Integrity Index41.337.4
Corruption Perceptions Index2841
Life expectancy at birth, years72.173.2
Suicide mortality rate, per 100,000 people3113.6
Mortality caused by road traffic injury, per 100,000 people1812.1
Intentional homicides, per 100,000 people9.230.9
International tourism, number of arrivals24.6M375k

Government debt & reserves

StatRussiaTrinidad and Tobago
Central government debt, % of GDP14%45.3%
External debt stocks, % of GNI28.1%N/A
External debt stocks$453.9BN/A
Short-term debt, % of total reserves10.3%N/A
Total debt service, % of exports and primary income19.6%N/A
Adjusted net savings including particulate emission damage, % of GNI8%N/A
Gross savings, % of GDP30.2%N/A
Gross capital formation, % of GDP22.7%N/A
Total reserves including gold$468.6B$8.1B
Foreign direct investment net inflows$8.8B-$602.5M

Exports, imports and economic structure

StatRussiaTrinidad and Tobago
Exports of goods and services, % of GDP30.7%N/A
Imports of goods and services, % of GDP20.8%N/A
Current account balance (balance of payments)$113.5B$1.2B
Revenue excluding grants, % of GDP27.5%38.4%
Grants excluding technical cooperation, BoP$658.1M$2.4M
Personal remittances received$8.6B$138.7M
Industry including construction value added, % of GDP32.1%42%
Agriculture, forestry and fishing value added, % of GDP3.1%1%
Charges for the use of intellectual property, payments BoP$6.3B$63.9M
Charges for the use of intellectual property, receipts BoP$876.1M$882k
Expense, % of GDP28.9%35.9%
Government Expenditure, % of GDP34.7%33.4%

Compare with countries close by GDP per capita

Russia vs

CountryGDP
per capita
Population
Antigua and Barbuda
$17k
101k
Seychelles
$16k
95.8k
Oman
$16k
3.63M
Hungary
$16k
9.97M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
20.9k
Panama
$16k
3.86M
Poland
$15k
38.5M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.87M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
345k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M

Trinidad and Tobago vs

CountryGDP
per capita
Population
Taiwan
$25k
23.6M
Bahrain
$24k
1.33M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.6M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.44M
Saint Kitts and Nevis
$19k
54.2k
Lithuania
$19k
2.79M
Barbados
$18k
285k
Latvia
$18k
1.95M
Uruguay
$17k
3.41M
Antigua and Barbuda
$17k
101k
Seychelles
$16k
95.8k
Oman
$16k
3.63M
Hungary
$16k
9.97M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
20.9k
Panama
$16k
3.86M
Poland
$15k
38.5M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.87M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Mauritius
$11k
1.26M