Saint Lucia vs Tonga: Economic Indicators Comparison
Saint Lucia with a GDP of $1.9B ranked the 175th largest economy in the world, while Tonga ranked 190th with $450.4M. By GDP 5-years average growth and GDP per capita, Saint Lucia and Tonga ranked 140th vs 89th and 71st vs 113th, respectively.
Gross Domestic Product & Income
| Stat |  Saint Lucia |  Tonga |
|---|---|---|
| GDP | $1.9B | $450.4M |
| GDP growth, 1 year | 1% | 1.8% |
| GDP growth, 5-years average | 1.8% | 3% |
| Population | 179k | 108k |
| GDP per capita | $11k | $4.4k |
| GDP per capita growth | 0.34% | -0.87% |
| Purchasing Power Parity conversion factor | 2.06 | 1.49 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.76 | 0.68 |
| GDP per capita, PPP adjusted | $14k | $6.1k |
| GNI, Atlas method | $1.7B | $443.3M |
| GNI per capita | $9.6k | $4.3k |
| GNI, PPP adjusted | $2.4B | $672.5M |
| GNI per capita, PPP adjusted | $13k | $6.5k |
Financial system and Human development
| Stat | Saint Lucia | Tonga |
|---|---|---|
| Income Tax Rate | 30% | 20% |
| Corporate Tax Rate | 30% | 25% |
| Inflation, consumer prices | 1.9% | 3.9% |
| Inflation, GDP deflator | 4.9% | 3.6% |
| Unemployment | 20.9% | 1% |
| Economic Freedom Index | 68.2 | 58.8 |
| Personal Freedom Index | 6.5 | 5.6 |
| Human Freedom Index | 6.5 | 5.6 |
| Property Rights Index | 69.8 | 60.9 |
| Judical Effectiveness Index | 62.6 | 26.5 |
| Business Freedom Index | 76.7 | 75 |
| Fiscal Health Index | 83.8 | 95.2 |
| Labor Freedom Index | 66.4 | 69.8 |
| Investment Freedom Index | 65 | 40 |
| Financial Freedom Index | 40 | 20 |
| Trade Freedom Index | 73.2 | 74 |
| Monetary Freedom Index | 82 | 71.4 |
| Government Spending Index | 80.6 | 42.8 |
| Tax Burden Index | 76.9 | 85.2 |
| Government Integrity Index | 41.8 | 44.2 |
| Corruption Perceptions Index | 55 | 50 |
| Life expectancy at birth, years | 75.9 | 70.7 |
| Suicide mortality rate, per 100,000 people | 7.8 | 3.5 |
| Mortality caused by road traffic injury, per 100,000 people | 35.4 | 16.8 |
| Intentional homicides, per 100,000 people | 29.6 | 1 |
| International tourism, number of arrivals | 395k | 54k |
Government debt & reserves
| Stat | Saint Lucia | Tonga |
|---|---|---|
| Central government debt, % of GDP | 66.8% | 49.2% |
| External debt stocks, % of GNI | 35.1% | 41.3% |
| External debt stocks | $615.8M | $188.7M |
| Short-term debt, % of total reserves | 31.9% | 0% |
| Total debt service, % of exports and primary income | 3.9% | 7.2% |
| Adjusted net savings including particulate emission damage, % of GNI | -2.3% | 9.3% |
| Gross savings, % of GDP | 9.7% | 16.5% |
| Gross capital formation, % of GDP | 21.6% | 33.4% |
| Total reserves including gold | $285.8M | $227.2M |
| Foreign direct investment net inflows | $40M | $15M |
Exports, imports and economic structure
| Stat | Saint Lucia | Tonga |
|---|---|---|
| Exports of goods and services, % of GDP | 36% | 22.3% |
| Imports of goods and services, % of GDP | 43.4% | 75.9% |
| Current account balance (balance of payments) | $102.8M | -$28.6M |
| Revenue excluding grants, % of GDP | 21.3% | 25.6% |
| Grants excluding technical cooperation, BoP | $5M | $64.2M |
| Personal remittances received | $43M | $183.3M |
| Industry including construction value added, % of GDP | 10.1% | 17.3% |
| Agriculture, forestry and fishing value added, % of GDP | 2.1% | 17.2% |
| Charges for the use of intellectual property, payments BoP | $9.2M | $183 |
| Charges for the use of intellectual property, receipts BoP | N/A | $2.3k |
| Expense, % of GDP | 19.4% | 31.4% |
| Government Expenditure, % of GDP | 25.5% | 43.7% |
