Saint Vincent vs Vanuatu: Economic Indicators Comparison

Vanuatu with a GDP of $914.3M ranked the 186th largest economy in the world, while Saint Vincent ranked 188th with $811.3M. By GDP 5-years average growth and GDP per capita, Vanuatu and Saint Vincent ranked 107th vs 155th and 133rd vs 88th, respectively.

Gross Domestic Product & Income

StatSaint VincentVanuatu
GDP$811.3M$914.3M
GDP growth, 1 year2%3.2%
GDP growth, 5-years average0.9%2.7%
Population110k276k
GDP per capita$7.4k$3.1k
GDP per capita growth1.81%0.67%
Purchasing Power Parity conversion factor1.62106.84
Price level ratio of PPP conversion factor GDP to market exchange rate0.60.97
GDP per capita, PPP adjusted$12k$2.9k
GNI, Atlas method$808.6M$915.5M
GNI per capita$7.3k$3.1k
GNI, PPP adjusted$1.3B$951.3M
GNI per capita, PPP adjusted$12k$3.3k

Financial system and Human development

StatSaint VincentVanuatu
Income Tax Rate30%0%
Corporate Tax Rate33%0%
Inflation, consumer prices2.4%2.8%
Inflation, GDP deflator0.2%2.9%
Unemployment19.8%5.4%
Economic Freedom Index66.860.7
Personal Freedom Index6.86.7
Human Freedom Index6.76.7
Property Rights Index50.568.3
Judical Effectiveness Index62.636.1
Business Freedom Index75.851.8
Fiscal Health Index8978.4
Labor Freedom Index73.354.6
Investment Freedom Index7065
Financial Freedom Index4040
Trade Freedom Index67.263.4
Monetary Freedom Index80.874.6
Government Spending Index73.761.1
Tax Burden Index72.497.1
Government Integrity Index46.137.4
Corruption Perceptions Index5846
Life expectancy at birth, years72.370.2
Suicide mortality rate, per 100,000 people2.44.5
Mortality caused by road traffic injury, per 100,000 people8.215.9
Intentional homicides, per 100,000 people36.52.1
International tourism, number of arrivals80k116k

Government debt & reserves

StatSaint VincentVanuatu
Central government debt, % of GDP73.1%50.5%
External debt stocks, % of GNI37.6%45.9%
External debt stocks$328.2M$402.2M
Short-term debt, % of total reserves0%10.7%
Total debt service, % of exports and primary income12.3%2.1%
Adjusted net savings including particulate emission damage, % of GNI0.4%20.8%
Gross savings, % of GDP4.4%31.8%
Gross capital formation, % of GDP26.2%26.4%
Total reserves including gold$169.6M$420.6M
Foreign direct investment net inflows$110.1M$37.6M

Exports, imports and economic structure

StatSaint VincentVanuatu
Exports of goods and services, % of GDP34.9%48.6%
Imports of goods and services, % of GDP54.7%49.4%
Current account balance (balance of payments)-$99.1M$85.4M
Revenue excluding grants, % of GDP27.2%30.3%
Grants excluding technical cooperation, BoP$12M$57.9M
Personal remittances received$46.8M$35.2M
Industry including construction value added, % of GDP15%11.1%
Agriculture, forestry and fishing value added, % of GDP7.2%25.8%
Charges for the use of intellectual property, payments BoP$3M$543k
Charges for the use of intellectual property, receipts BoP$300k$718k
Expense, % of GDP26.4%25.6%
Government Expenditure, % of GDP29.6%36%

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

Vanuatu vs

CountryGDP
per capita
Population
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
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M