Saint Lucia vs Singapore: Economic Indicators Comparison

Singapore with a GDP of $364.2B ranked the 36th largest economy in the world, while Saint Lucia ranked 175th with $1.9B. By GDP 5-years average growth and GDP per capita, Singapore and Saint Lucia ranked 76th vs 140th and 10th vs 71st, respectively.

Gross Domestic Product & Income

StatSaint LuciaSingapore
GDP$1.9B$364.2B
GDP growth, 1 year1%3.2%
GDP growth, 5-years average1.8%3.3%
Population179k5.9M
GDP per capita$11k$65k
GDP per capita growth0.34%2.66%
Purchasing Power Parity conversion factor2.060.86
Price level ratio of PPP conversion factor GDP to market exchange rate0.760.64
GDP per capita, PPP adjusted$14k$100k
GNI, Atlas method$1.7B$331.4B
GNI per capita$9.6k$59k
GNI, PPP adjusted$2.4B$533.8B
GNI per capita, PPP adjusted$13k$95k

Financial system and Human development

StatSaint LuciaSingapore
Income Tax Rate30%22%
Corporate Tax Rate30%17%
Inflation, consumer prices1.9%0.4%
Inflation, GDP deflator4.9%1.9%
Unemployment20.9%3.8%
Economic Freedom Index68.289.4
Personal Freedom Index6.57.44
Human Freedom Index6.58.1
Property Rights Index69.896.8
Judical Effectiveness Index62.692.9
Business Freedom Index76.792.8
Fiscal Health Index83.880
Labor Freedom Index66.490.9
Investment Freedom Index6585
Financial Freedom Index4080
Trade Freedom Index73.294.8
Monetary Freedom Index8285.6
Government Spending Index80.691.1
Tax Burden Index76.990.3
Government Integrity Index41.892.4
Corruption Perceptions Index5585
Life expectancy at birth, years75.982.9
Suicide mortality rate, per 100,000 people7.89.9
Mortality caused by road traffic injury, per 100,000 people35.42.8
Intentional homicides, per 100,000 people29.60.2
International tourism, number of arrivals395k14.7M

Government debt & reserves

StatSaint LuciaSingapore
Central government debt, % of GDP66.8%108.3%
External debt stocks, % of GNI35.1%N/A
External debt stocks$615.8MN/A
Short-term debt, % of total reserves31.9%N/A
Total debt service, % of exports and primary income3.9%N/A
Adjusted net savings including particulate emission damage, % of GNI-2.3%36.8%
Gross savings, % of GDP9.7%45.8%
Gross capital formation, % of GDP21.6%26.6%
Total reserves including gold$285.8M$292.7B
Foreign direct investment net inflows$40M$82B

Exports, imports and economic structure

StatSaint LuciaSingapore
Exports of goods and services, % of GDP36%176.4%
Imports of goods and services, % of GDP43.4%149.8%
Current account balance (balance of payments)$102.8M$65.1B
Revenue excluding grants, % of GDP21.3%18.8%
Grants excluding technical cooperation, BoP$5M$1.6M
Personal remittances received$43MN/A
Industry including construction value added, % of GDP10.1%25.2%
Agriculture, forestry and fishing value added, % of GDP2.1%0%
Charges for the use of intellectual property, payments BoP$9.2M$15.2B
Charges for the use of intellectual property, receipts BoPN/A$8.7B
Expense, % of GDP19.4%15.2%
Government Expenditure, % of GDP25.5%17.2%

Compare with countries close by GDP per capita

Saint Lucia vs

CountryGDP
per capita
Population
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
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M

Singapore 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
Qatar
$69k
2.64M
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