Saint Vincent vs Tonga: Economic Indicators Comparison

Saint Vincent with a GDP of $811.3M ranked the 188th largest economy in the world, while Tonga ranked 190th with $450.4M. By GDP 5-years average growth and GDP per capita, Saint Vincent and Tonga ranked 155th vs 89th and 88th vs 113th, respectively.

Gross Domestic Product & Income

StatSaint VincentTonga
GDP$811.3M$450.4M
GDP growth, 1 year2%1.8%
GDP growth, 5-years average0.9%3%
Population110k108k
GDP per capita$7.4k$4.4k
GDP per capita growth1.81%-0.87%
Purchasing Power Parity conversion factor1.621.49
Price level ratio of PPP conversion factor GDP to market exchange rate0.60.68
GDP per capita, PPP adjusted$12k$6.1k
GNI, Atlas method$808.6M$443.3M
GNI per capita$7.3k$4.3k
GNI, PPP adjusted$1.3B$672.5M
GNI per capita, PPP adjusted$12k$6.5k

Financial system and Human development

StatSaint VincentTonga
Income Tax Rate30%20%
Corporate Tax Rate33%25%
Inflation, consumer prices2.4%3.9%
Inflation, GDP deflator0.2%3.6%
Unemployment19.8%1%
Economic Freedom Index66.858.8
Personal Freedom Index6.85.6
Human Freedom Index6.75.6
Property Rights Index50.560.9
Judical Effectiveness Index62.626.5
Business Freedom Index75.875
Fiscal Health Index8995.2
Labor Freedom Index73.369.8
Investment Freedom Index7040
Financial Freedom Index4020
Trade Freedom Index67.274
Monetary Freedom Index80.871.4
Government Spending Index73.742.8
Tax Burden Index72.485.2
Government Integrity Index46.144.2
Corruption Perceptions Index5850
Life expectancy at birth, years72.370.7
Suicide mortality rate, per 100,000 people2.43.5
Mortality caused by road traffic injury, per 100,000 people8.216.8
Intentional homicides, per 100,000 people36.51
International tourism, number of arrivals80k54k

Government debt & reserves

StatSaint VincentTonga
Central government debt, % of GDP73.1%49.2%
External debt stocks, % of GNI37.6%41.3%
External debt stocks$328.2M$188.7M
Short-term debt, % of total reserves0%0%
Total debt service, % of exports and primary income12.3%7.2%
Adjusted net savings including particulate emission damage, % of GNI0.4%9.3%
Gross savings, % of GDP4.4%16.5%
Gross capital formation, % of GDP26.2%33.4%
Total reserves including gold$169.6M$227.2M
Foreign direct investment net inflows$110.1M$15M

Exports, imports and economic structure

StatSaint VincentTonga
Exports of goods and services, % of GDP34.9%22.3%
Imports of goods and services, % of GDP54.7%75.9%
Current account balance (balance of payments)-$99.1M-$28.6M
Revenue excluding grants, % of GDP27.2%25.6%
Grants excluding technical cooperation, BoP$12M$64.2M
Personal remittances received$46.8M$183.3M
Industry including construction value added, % of GDP15%17.3%
Agriculture, forestry and fishing value added, % of GDP7.2%17.2%
Charges for the use of intellectual property, payments BoP$3M$183
Charges for the use of intellectual property, receipts BoP$300k$2.3k
Expense, % of GDP26.4%31.4%
Government Expenditure, % of GDP29.6%43.7%

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

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