Saint Lucia vs Saudi Arabia: Economic Indicators Comparison

Saudi Arabia with a GDP of $786.5B ranked the 18th largest economy in the world, while Saint Lucia ranked 175th with $1.9B. By GDP 5-years average growth and GDP per capita, Saudi Arabia and Saint Lucia ranked 124th vs 140th and 41st vs 71st, respectively.

Gross Domestic Product & Income

Stat	Saint Lucia	Saudi Arabia
GDP	$1.9B	$786.5B
GDP growth, 1 year	1%	2.2%
GDP growth, 5-years average	1.8%	2.2%
Population	179k	33M
GDP per capita	$11k	$23k
GDP per capita growth	0.34%	0.61%
Purchasing Power Parity conversion factor	2.06	1.58
Price level ratio of PPP conversion factor GDP to market exchange rate	0.76	0.42
GDP per capita, PPP adjusted	$14k	$56k
GNI, Atlas method	$1.7B	$727.8B
GNI per capita	$9.6k	$22k
GNI, PPP adjusted	$2.4B	$1.9T
GNI per capita, PPP adjusted	$13k	$56k

Financial system and Human development

Stat	Saint Lucia	Saudi Arabia
Income Tax Rate	30%	2.5%
Corporate Tax Rate	30%	2.5%
Inflation, consumer prices	1.9%	2.5%
Inflation, GDP deflator	4.9%	11.5%
Unemployment	20.9%	5.9%
Economic Freedom Index	68.2	62.4
Personal Freedom Index	6.5	4.65
Human Freedom Index	6.5	5.66
Property Rights Index	69.8	64.6
Judical Effectiveness Index	62.6	72.3
Business Freedom Index	76.7	66.6
Fiscal Health Index	83.8	19.3
Labor Freedom Index	66.4	63.3
Investment Freedom Index	65	45
Financial Freedom Index	40	50
Trade Freedom Index	73.2	75.4
Monetary Freedom Index	82	81
Government Spending Index	80.6	61.8
Tax Burden Index	76.9	99.8
Government Integrity Index	41.8	49.6
Corruption Perceptions Index	55	49
Life expectancy at birth, years	75.9	74.9
Suicide mortality rate, per 100,000 people	7.8	3.2
Mortality caused by road traffic injury, per 100,000 people	35.4	28.8
Intentional homicides, per 100,000 people	29.6	1.3
International tourism, number of arrivals	395k	15.3M

Government debt & reserves

Stat	Saint Lucia	Saudi Arabia
Central government debt, % of GDP	66.8%	19.1%
External debt stocks, % of GNI	35.1%	N/A
External debt stocks	$615.8M	N/A
Short-term debt, % of total reserves	31.9%	N/A
Total debt service, % of exports and primary income	3.9%	N/A
Adjusted net savings including particulate emission damage, % of GNI	-2.3%	13.4%
Gross savings, % of GDP	9.7%	33.2%
Gross capital formation, % of GDP	21.6%	24.2%
Total reserves including gold	$285.8M	$509.5B
Foreign direct investment net inflows	$40M	$4.2B

Exports, imports and economic structure

Stat	Saint Lucia	Saudi Arabia
Exports of goods and services, % of GDP	36%	39.9%
Imports of goods and services, % of GDP	43.4%	26.7%
Current account balance (balance of payments)	$102.8M	$70.6B
Revenue excluding grants, % of GDP	21.3%	26.8%
Grants excluding technical cooperation, BoP	$5M	$290k
Personal remittances received	$43M	$334.9M
Industry including construction value added, % of GDP	10.1%	49.5%
Agriculture, forestry and fishing value added, % of GDP	2.1%	2.2%
Charges for the use of intellectual property, payments BoP	$9.2M	N/A
Charges for the use of intellectual property, receipts BoP	N/A	N/A
Expense, % of GDP	19.4%	28%
Government Expenditure, % of GDP	25.5%	35.7%