Saint Lucia vs Thailand: Economic Indicators Comparison

Thailand with a GDP of $505B ranked the 26th largest economy in the world, while Saint Lucia ranked 175th with $1.9B. By GDP 5-years average growth and GDP per capita, Thailand and Saint Lucia ranked 86th vs 140th and 89th vs 71st, respectively.

Gross Domestic Product & Income

StatSaint LuciaThailand
GDP$1.9B$505B
GDP growth, 1 year1%4.1%
GDP growth, 5-years average1.8%3.1%
Population179k65.9M
GDP per capita$11k$7.3k
GDP per capita growth0.34%3.8%
Purchasing Power Parity conversion factor2.0612.34
Price level ratio of PPP conversion factor GDP to market exchange rate0.760.38
GDP per capita, PPP adjusted$14k$19k
GNI, Atlas method$1.7B$458.7B
GNI per capita$9.6k$6.6k
GNI, PPP adjusted$2.4B$1.3T
GNI per capita, PPP adjusted$13k$18k

Financial system and Human development

StatSaint LuciaThailand
Income Tax Rate30%35%
Corporate Tax Rate30%20%
Inflation, consumer prices1.9%1.1%
Inflation, GDP deflator4.9%1.4%
Unemployment20.9%0.7%
Economic Freedom Index68.269.4
Personal Freedom Index6.57.42
Human Freedom Index6.57.11
Property Rights Index69.859.5
Judical Effectiveness Index62.648
Business Freedom Index76.783
Fiscal Health Index83.896.4
Labor Freedom Index66.463.7
Investment Freedom Index6555
Financial Freedom Index4060
Trade Freedom Index73.283
Monetary Freedom Index8274
Government Spending Index80.685.9
Tax Burden Index76.980.7
Government Integrity Index41.843.4
Corruption Perceptions Index5536
Life expectancy at birth, years75.976.7
Suicide mortality rate, per 100,000 people7.814.4
Mortality caused by road traffic injury, per 100,000 people35.432.7
Intentional homicides, per 100,000 people29.63.2
International tourism, number of arrivals395k38.2M

Government debt & reserves

StatSaint LuciaThailand
Central government debt, % of GDP66.8%42.1%
External debt stocks, % of GNI35.1%35.1%
External debt stocks$615.8M$169.2B
Short-term debt, % of total reserves31.9%29.3%
Total debt service, % of exports and primary income3.9%5.4%
Adjusted net savings including particulate emission damage, % of GNI-2.3%14%
Gross savings, % of GDP9.7%32.2%
Gross capital formation, % of GDP21.6%25%
Total reserves including gold$285.8M$205.6B
Foreign direct investment net inflows$40M$13.4B

Exports, imports and economic structure

StatSaint LuciaThailand
Exports of goods and services, % of GDP36%66.8%
Imports of goods and services, % of GDP43.4%56.5%
Current account balance (balance of payments)$102.8M$32.4B
Revenue excluding grants, % of GDP21.3%19.5%
Grants excluding technical cooperation, BoP$5M$90.4M
Personal remittances received$43M$7.5B
Industry including construction value added, % of GDP10.1%35%
Agriculture, forestry and fishing value added, % of GDP2.1%8.1%
Charges for the use of intellectual property, payments BoP$9.2M$5.3B
Charges for the use of intellectual property, receipts BoPN/A$163M
Expense, % of GDP19.4%18.5%
Government Expenditure, % of GDP25.5%21.7%

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

Thailand vs

CountryGDP
per capita
Population
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
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M