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

StatSaint LuciaTonga
GDP$1.9B$450.4M
GDP growth, 1 year1%1.8%
GDP growth, 5-years average1.8%3%
Population179k108k
GDP per capita$11k$4.4k
GDP per capita growth0.34%-0.87%
Purchasing Power Parity conversion factor2.061.49
Price level ratio of PPP conversion factor GDP to market exchange rate0.760.68
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

StatSaint LuciaTonga
Income Tax Rate30%20%
Corporate Tax Rate30%25%
Inflation, consumer prices1.9%3.9%
Inflation, GDP deflator4.9%3.6%
Unemployment20.9%1%
Economic Freedom Index68.258.8
Personal Freedom Index6.55.6
Human Freedom Index6.55.6
Property Rights Index69.860.9
Judical Effectiveness Index62.626.5
Business Freedom Index76.775
Fiscal Health Index83.895.2
Labor Freedom Index66.469.8
Investment Freedom Index6540
Financial Freedom Index4020
Trade Freedom Index73.274
Monetary Freedom Index8271.4
Government Spending Index80.642.8
Tax Burden Index76.985.2
Government Integrity Index41.844.2
Corruption Perceptions Index5550
Life expectancy at birth, years75.970.7
Suicide mortality rate, per 100,000 people7.83.5
Mortality caused by road traffic injury, per 100,000 people35.416.8
Intentional homicides, per 100,000 people29.61
International tourism, number of arrivals395k54k

Government debt & reserves

StatSaint LuciaTonga
Central government debt, % of GDP66.8%49.2%
External debt stocks, % of GNI35.1%41.3%
External debt stocks$615.8M$188.7M
Short-term debt, % of total reserves31.9%0%
Total debt service, % of exports and primary income3.9%7.2%
Adjusted net savings including particulate emission damage, % of GNI-2.3%9.3%
Gross savings, % of GDP9.7%16.5%
Gross capital formation, % of GDP21.6%33.4%
Total reserves including gold$285.8M$227.2M
Foreign direct investment net inflows$40M$15M

Exports, imports and economic structure

StatSaint LuciaTonga
Exports of goods and services, % of GDP36%22.3%
Imports of goods and services, % of GDP43.4%75.9%
Current account balance (balance of payments)$102.8M-$28.6M
Revenue excluding grants, % of GDP21.3%25.6%
Grants excluding technical cooperation, BoP$5M$64.2M
Personal remittances received$43M$183.3M
Industry including construction value added, % of GDP10.1%17.3%
Agriculture, forestry and fishing value added, % of GDP2.1%17.2%
Charges for the use of intellectual property, payments BoP$9.2M$183
Charges for the use of intellectual property, receipts BoPN/A$2.3k
Expense, % of GDP19.4%31.4%
Government Expenditure, % of GDP25.5%43.7%

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

Tonga vs

CountryGDP
per capita
Population
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
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M