Saint Vincent vs South Africa: Economic Indicators Comparison

South Africa with a GDP of $368.3B ranked the 35th largest economy in the world, while Saint Vincent ranked 188th with $811.3M. By GDP 5-years average growth and GDP per capita, South Africa and Saint Vincent ranked 151st vs 155th and 95th vs 88th, respectively.

Gross Domestic Product & Income

StatSaint VincentSouth Africa
GDP$811.3M$368.3B
GDP growth, 1 year2%0.8%
GDP growth, 5-years average0.9%1.1%
Population110k57.7M
GDP per capita$7.4k$6.4k
GDP per capita growth1.81%-0.57%
Purchasing Power Parity conversion factor1.626.16
Price level ratio of PPP conversion factor GDP to market exchange rate0.60.47
GDP per capita, PPP adjusted$12k$14k
GNI, Atlas method$808.6M$332.3B
GNI per capita$7.3k$5.8k
GNI, PPP adjusted$1.3B$765.8B
GNI per capita, PPP adjusted$12k$13k

Financial system and Human development

StatSaint VincentSouth Africa
Income Tax Rate30%45%
Corporate Tax Rate33%28%
Inflation, consumer prices2.4%4.6%
Inflation, GDP deflator0.2%3.9%
Unemployment19.8%27%
Economic Freedom Index66.858.8
Personal Freedom Index6.86.92
Human Freedom Index6.76.78
Property Rights Index50.558.4
Judical Effectiveness Index62.638
Business Freedom Index75.862
Fiscal Health Index8964
Labor Freedom Index73.358.8
Investment Freedom Index7045
Financial Freedom Index4050
Trade Freedom Index67.275.8
Monetary Freedom Index80.875.9
Government Spending Index73.767.4
Tax Burden Index72.463.7
Government Integrity Index46.146.6
Corruption Perceptions Index5843
Life expectancy at birth, years72.363.5
Suicide mortality rate, per 100,000 people2.411.6
Mortality caused by road traffic injury, per 100,000 people8.225.9
Intentional homicides, per 100,000 people36.535.9
International tourism, number of arrivals80k10.5M

Government debt & reserves

StatSaint VincentSouth Africa
Central government debt, % of GDP73.1%56.7%
External debt stocks, % of GNI37.6%50.6%
External debt stocks$328.2M$179.3B
Short-term debt, % of total reserves0%70.9%
Total debt service, % of exports and primary income12.3%19.9%
Adjusted net savings including particulate emission damage, % of GNI0.4%0.6%
Gross savings, % of GDP4.4%14.9%
Gross capital formation, % of GDP26.2%17.9%
Total reserves including gold$169.6M$51.6B
Foreign direct investment net inflows$110.1M$5.5B

Exports, imports and economic structure

StatSaint VincentSouth Africa
Exports of goods and services, % of GDP34.9%29.9%
Imports of goods and services, % of GDP54.7%29.6%
Current account balance (balance of payments)-$99.1M-$13.4B
Revenue excluding grants, % of GDP27.2%30.9%
Grants excluding technical cooperation, BoP$12M$817.9M
Personal remittances received$46.8M$929M
Industry including construction value added, % of GDP15%25.9%
Agriculture, forestry and fishing value added, % of GDP7.2%2.2%
Charges for the use of intellectual property, payments BoP$3M$1.8B
Charges for the use of intellectual property, receipts BoP$300k$120.7M
Expense, % of GDP26.4%34.4%
Government Expenditure, % of GDP29.6%33%

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
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

South Africa vs

CountryGDP
per capita
Population
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
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
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