Saint Vincent vs the Seychelles: Economic Indicators Comparison

The Seychelles with a GDP of $1.6B ranked the 180th largest economy in the world, while Saint Vincent ranked 188th with $811.3M. By GDP 5-years average growth and GDP per capita, the Seychelles and Saint Vincent ranked 45th vs 155th and 55th vs 88th, respectively.

Gross Domestic Product & Income

StatSaint VincentSeychelles
GDP$811.3M$1.6B
GDP growth, 1 year2%3.6%
GDP growth, 5-years average0.9%4.6%
Population110k96k
GDP per capita$7.4k$16k
GDP per capita growth1.81%2.64%
Purchasing Power Parity conversion factor1.627.48
Price level ratio of PPP conversion factor GDP to market exchange rate0.60.54
GDP per capita, PPP adjusted$12k$31k
GNI, Atlas method$808.6M$1.5B
GNI per capita$7.3k$16k
GNI, PPP adjusted$1.3B$2.8B
GNI per capita, PPP adjusted$12k$29k

Financial system and Human development

StatSaint VincentSeychelles
Income Tax Rate30%15%
Corporate Tax Rate33%33%
Inflation, consumer prices2.4%3.7%
Inflation, GDP deflator0.2%4.1%
Unemployment19.8%3%
Economic Freedom Index66.864.3
Personal Freedom Index6.87.17
Human Freedom Index6.77.14
Property Rights Index50.568.3
Judical Effectiveness Index62.646.4
Business Freedom Index75.865.3
Fiscal Health Index8993.2
Labor Freedom Index73.362.8
Investment Freedom Index7055
Financial Freedom Index4030
Trade Freedom Index67.282.6
Monetary Freedom Index80.878.6
Government Spending Index73.758.9
Tax Burden Index72.476.8
Government Integrity Index46.153.3
Corruption Perceptions Index5866
Life expectancy at birth, years72.374.3
Suicide mortality rate, per 100,000 people2.49.3
Mortality caused by road traffic injury, per 100,000 people8.215.9
Intentional homicides, per 100,000 people36.512.7
International tourism, number of arrivals80k362k

Government debt & reserves

StatSaint VincentSeychelles
Central government debt, % of GDP73.1%58.2%
External debt stocks, % of GNI37.6%N/A
External debt stocks$328.2MN/A
Short-term debt, % of total reserves0%N/A
Total debt service, % of exports and primary income12.3%N/A
Adjusted net savings including particulate emission damage, % of GNI0.4%N/A
Gross savings, % of GDP4.4%10.2%
Gross capital formation, % of GDP26.2%32.5%
Total reserves including gold$169.6M$549.5M
Foreign direct investment net inflows$110.1M$43.9M

Exports, imports and economic structure

StatSaint VincentSeychelles
Exports of goods and services, % of GDP34.9%87%
Imports of goods and services, % of GDP54.7%102.1%
Current account balance (balance of payments)-$99.1M-$269.4M
Revenue excluding grants, % of GDP27.2%36.4%
Grants excluding technical cooperation, BoP$12M$13.8M
Personal remittances received$46.8M$22.7M
Industry including construction value added, % of GDP15%10.9%
Agriculture, forestry and fishing value added, % of GDP7.2%2%
Charges for the use of intellectual property, payments BoP$3M$2.2M
Charges for the use of intellectual property, receipts BoP$300k$1.4M
Expense, % of GDP26.4%33.3%
Government Expenditure, % of GDP29.6%37%

Compare with countries close by GDP per capita

Saint Vincent vs

CountryGDP
per capita
Population
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
Dominica
$7.7k
73.9k
Thailand
$7.3k
65.9M
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

Seychelles vs

CountryGDP
per capita
Population
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
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