Saint Vincent vs Sri Lanka: Economic Indicators Comparison

Sri Lanka with a GDP of $88.9B ranked the 65th largest economy in the world, while Saint Vincent ranked 188th with $811.3M. By GDP 5-years average growth and GDP per capita, Sri Lanka and Saint Vincent ranked 51st vs 155th and 120th vs 88th, respectively.

Gross Domestic Product & Income

StatSaint VincentSri Lanka
GDP$811.3M$88.9B
GDP growth, 1 year2%3%
GDP growth, 5-years average0.9%4.2%
Population110k21.4M
GDP per capita$7.4k$4.1k
GDP per capita growth1.81%2.13%
Purchasing Power Parity conversion factor1.6249.49
Price level ratio of PPP conversion factor GDP to market exchange rate0.60.3
GDP per capita, PPP adjusted$12k$13k
GNI, Atlas method$808.6M$87.9B
GNI per capita$7.3k$4.1k
GNI, PPP adjusted$1.3B$284.1B
GNI per capita, PPP adjusted$12k$13k

Financial system and Human development

StatSaint VincentSri Lanka
Income Tax Rate30%24%
Corporate Tax Rate33%28%
Inflation, consumer prices2.4%4.3%
Inflation, GDP deflator0.2%4.3%
Unemployment19.8%4.4%
Economic Freedom Index66.857.4
Personal Freedom Index6.85.24
Human Freedom Index6.75.69
Property Rights Index50.547.7
Judical Effectiveness Index62.639.2
Business Freedom Index75.876.5
Fiscal Health Index8939.3
Labor Freedom Index73.358.6
Investment Freedom Index7040
Financial Freedom Index4040
Trade Freedom Index67.267.6
Monetary Freedom Index80.871.1
Government Spending Index73.788.9
Tax Burden Index72.484.8
Government Integrity Index46.134.7
Corruption Perceptions Index5838
Life expectancy at birth, years72.376.6
Suicide mortality rate, per 100,000 people2.414.6
Mortality caused by road traffic injury, per 100,000 people8.214.9
Intentional homicides, per 100,000 people36.52.3
International tourism, number of arrivals80k2.3M

Government debt & reserves

StatSaint VincentSri Lanka
Central government debt, % of GDP73.1%84.1%
External debt stocks, % of GNI37.6%60.8%
External debt stocks$328.2M$52.6B
Short-term debt, % of total reserves0%118.2%
Total debt service, % of exports and primary income12.3%36%
Adjusted net savings including particulate emission damage, % of GNI0.4%28.5%
Gross savings, % of GDP4.4%25.5%
Gross capital formation, % of GDP26.2%28.6%
Total reserves including gold$169.6M$6.9B
Foreign direct investment net inflows$110.1M$1.6B

Exports, imports and economic structure

StatSaint VincentSri Lanka
Exports of goods and services, % of GDP34.9%22.8%
Imports of goods and services, % of GDP54.7%30.1%
Current account balance (balance of payments)-$99.1M-$2.8B
Revenue excluding grants, % of GDP27.2%13.3%
Grants excluding technical cooperation, BoP$12M$182.6M
Personal remittances received$46.8M$7B
Industry including construction value added, % of GDP15%27%
Agriculture, forestry and fishing value added, % of GDP7.2%7.9%
Charges for the use of intellectual property, payments BoP$3MN/A
Charges for the use of intellectual property, receipts BoP$300kN/A
Expense, % of GDP26.4%16.2%
Government Expenditure, % of GDP29.6%19.2%

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

Sri Lanka vs

CountryGDP
per capita
Population
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
Tonga
$4.4k
108k
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
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
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M