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Samoa's economy ranking: GDP & GDP per capita, debt

Updated on by Georank team

Samoa ranked 187/197 by economy size with a GDP of $1.07B and 120/197 by GDP per capita at $4,899. Samoa has $296M in government debt, with a debt-to-GDP ratio of 22.5%.

In 2025, Samoa made up 0.001% of the world's economy, compared to 0.002% in 1970.

The chart below shows GDP in nominal terms, GDP adjusted for inflation (in constant dollars), and a bar chart of year-over-year inflation-adjusted growth.

GDP, current $
GDP, constant 2015 $
GDP growth
Year GDP GDP growth
Current $ Constant $
1970 $45,208,338 $340,680,798 -
1971 $53,719,569 $386,718,744 18.8%
1972 $62,566,116 $392,857,137 16.5%
1973 $82,452,985 $421,502,969 31.8%
1974 $93,549,611 $376,488,089 13.5%
1975 $93,489,283 $362,165,173 -0.06%
1976 $85,003,078 $395,926,333 -9.08%
1977 $98,295,671 $392,857,137 15.6%
1978 $108,223,444 $417,410,708 10.1%
1979 $122,257,393 $462,946,425 13%
1980 $125,747,038 $434,275,788 2.85%
1981 $118,190,655 $395,064,496 -6.01%
1982 $121,221,652 $391,269,846 2.56%
1983 $111,862,824 $392,956,360 -7.72%
1984 $109,200,934 $398,015,901 -2.38%
1985 $95,572,173 $413,616,120 -12.5%
1986 $100,947,849 $436,383,943 5.62%
1987 $111,713,922 $438,492,097 10.7%
1988 $133,016,065 $432,167,727 19.1%
1989 $122,888,610 $448,189,540 -7.61%
1990 $125,766,270 $428,373,059 2.34%
1991 $125,597,205 $418,520,426 -0.13%
1992 $132,303,041 $417,683,439 5.34%
1993 $133,122,897 $434,808,422 0.62%
1994 $221,098,107 $423,755,155 66.1%
1995 $224,865,731 $452,035,062 1.7%
1996 $249,907,869 $484,486,518 11.1%
1997 $285,475,592 $487,603,826 14.2%
1998 $269,485,244 $498,306,192 -5.6%
1999 $255,408,060 $509,196,347 -5.22%
2000 $258,856,140 $535,129,944 1.35%
2001 $266,299,591 $574,676,738 2.88%
2002 $281,790,134 $607,157,233 5.82%
2003 $333,426,188 $638,806,086 18.3%
2004 $407,747,565 $658,527,693 22.3%
2005 $476,801,793 $702,248,687 16.9%
2006 $499,923,758 $717,221,522 4.85%
2007 $573,548,460 $720,707,093 14.7%
2008 $641,346,192 $746,336,192 11.8%
2009 $628,006,115 $742,293,456 -2.08%
2010 $680,260,907 $787,756,851 8.32%
2011 $744,097,050 $818,078,226 9.38%
2012 $773,141,661 $787,546,482 3.9%
2013 $797,736,334 $788,391,466 3.18%
2014 $796,683,520 $793,594,249 -0.13%
2015 $824,150,499 $824,150,499 3.45%
2016 $843,924,797 $889,949,544 2.4%
2017 $884,844,384 $902,464,748 4.85%
2018 $878,448,433 $896,962,898 -0.72%
2019 $912,950,466 $936,894,421 3.93%
2020 $868,898,358 $907,771,582 -4.83%
2021 $843,923,639 $843,511,967 -2.87%
2022 $832,945,206 $798,752,768 -1.3%
2023 $938,189,444 $872,307,109 12.6%
2024 $1,068,025,244 $954,498,941 13.8%

Economic Statistics of Samoa

Samoa Rank
Gross domestic product
$1.07B
2024
187/197
GDP growth
13.8%
2023-2024
22/196
GDP per capita
$4,899
2024
120/197
GDP per capita, PPP
$7,837
2024
142/197
Government debt
$296M
2024
179/185
Debt-to-GDP ratio
22.5%
2025
172/185
Government debt per person
$1,357
2024
134/185
Average annual personal income after taxes
$3,507
2025
135/197
Income share by richest 10%
31.3%
2013
42/169
Income share by poorest 10%
2.7%
2013
97/169
Government expenditure, % of GDP
33.1%
2025
77/195
Consumer prices inflation
2.17%
2023-2024
134/195
Central bank interest rate
0.37%
2024
103/105
Unemployment rate
5.05%
2022
104/196
Population
220288
177/197

Samoa's GDP per capita

Samoa has a GDP per capita of $4,899, ranking 120/197, a GDP per capita based on purchasing power parity (PPP) of $7,837, ranking 142/197, and a median annual after tax income of $3,507, ranking 135/197.

GDP per capita
GDP per capita, PPP
Year Current $
GDP per capita GDP per capita, PPP
1970 $322 -
1971 $377 -
1972 $433 -
1973 $563 -
1974 $626 -
1975 $610 -
1976 $541 -
1977 $615 -
1978 $671 -
1979 $751 -
1980 $765 -
1981 $713 -
1982 $728 -
1983 $671 -
1984 $655 -
1985 $573 -
1986 $604 -
1987 $666 -
1988 $790 -
1989 $728 -
1990 $744 $2,148
1991 $742 $2,166
1992 $777 $2,198
1993 $775 $2,323
1994 $1,277 $2,294
1995 $1,288 $2,478
1996 $1,419 $2,681
1997 $1,608 $2,722
1998 $1,506 $2,792
1999 $1,417 $2,871
2000 $1,425 $3,062
2001 $1,454 $3,335
2002 $1,528 $3,553
2003 $1,798 $3,792
2004 $2,189 $3,997
2005 $2,550 $4,379
2006 $2,663 $4,592
2007 $3,039 $4,713
2008 $3,374 $4,939
2009 $3,279 $4,906
2010 $3,524 $5,229
2011 $3,822 $5,494
2012 $3,935 $5,339
2013 $4,024 $5,387
2014 $3,983 $5,468
2015 $4,084 $5,682
2016 $4,147 $6,141
2017 $4,308 $6,280
2018 $4,232 $6,318
2019 $4,352 $6,638
2020 $4,100 $6,451
2021 $3,948 $6,214
2022 $3,869 $6,260
2023 $4,330 $7,037
2024 $4,899 $7,837

Samoa's government spending, deficit, and chart

This chart shows Samoa's government spending, budget balance, and debt over time, each expressed as a share of GDP.

Over the past 34 years, Samoa recorded a fiscal deficit in 21 years — average annual deficit equal to -1.42% of GDP. In 2024, government spending reached $310M (33.1% of GDP), with a deficit of -0.11%.

The national debt reached $296M, ranking 179th out of 185 countries by total size, with a debt-to-GDP ratio of 22.5%, ranking 172nd.

Government spending
Government debt
Deficit/surplus
Year % of GDP
Government spending Government debt Government deficit/surplus
1992 43.4% - -9.89%
1993 49.5% - -13.2%
1994 54.1% - -9.51%
1995 42.2% - -5.82%
1996 38.9% - 1.21%
1997 31% - 1.92%
1998 28.1% 58.9% 1.64%
1999 33.8% 59.4% 0.27%
2000 30.4% 55.8% -0.62%
2001 30% 53.8% -1.96%
2002 30.7% 50.3% -1.77%
2003 28.5% 42.8% -0.51%
2004 27.3% 39.8% -0.74%
2005 30.6% 34.2% 0.23%
2006 27.7% 33.5% -0.44%
2007 31.1% 31.5% 0.55%
2008 27.7% 28.2% -0.36%
2009 31.5% 33.3% -2.98%
2010 29.4% 40.3% -5.49%
2011 33.7% 41.5% -5.25%
2012 33.6% 50.9% -7.43%
2013 30.7% 54.1% -3.82%
2014 35.3% 54.9% -5.38%
2015 30.5% 56.4% -3.79%
2016 27.3% 49% -0.35%
2017 30.9% 46.7% -1.98%
2018 30% 49.4% 0.06%
2019 31.8% 44.3% 1.51%
2020 30.5% 43.2% 5.41%
2021 34.7% 46.3% 1.74%
2022 33.2% 43.8% 5.37%
2023 32.1% 35.4% 3.01%
2024 29% 27.7% 10.2%
2025 33.1% 22.5% -0.11%

Inflation rate by year

Over the past 20 years, Samoa has had an average annual inflation rate of 3.44%. In 2024, inflation was 2.17%. The bar chart below shows consumer price inflation by year.

Year Inflation
1962 2.65%
1963 0.69%
1964 5.31%
1965 2.11%
1966 2.87%
1967 -0.52%
1968 1.71%
1969 4.13%
1970 2.74%
1971 4.77%
1972 7.51%
1973 11.8%
1974 25%
1975 8.79%
1976 4.9%
1977 14.6%
1978 2.06%
1979 11.1%
1980 33%
1981 20.5%
1982 18.3%
1983 16.5%
1984 11.9%
1985 9.09%
1986 5.73%
1987 4.57%
1988 8.51%
1989 6.46%
1990 15.2%
1991 -1.82%
1992 9.03%
1993 1.72%
1994 12.1%
1995 -2.9%
1996 5.37%
1997 6.86%
1998 2.22%
1999 0.27%
2000 0.97%
2001 3.84%
2002 8.05%
2003 0.12%
2004 16.3%
2005 1.86%
2006 3.7%
2007 5.58%
2008 11.6%
2009 6.32%
2010 0.78%
2011 5.24%
2012 2.05%
2013 0.61%
2014 -0.41%
2015 0.72%
2016 1.3%
2017 1.75%
2018 4.2%
2019 0.98%
2020 -1.57%
2021 3.13%
2022 11%
2023 7.92%
2024 2.17%

Balance of trade

Samoa Rank
Current account balance
$78.8M
2024
68/189
Current account balance, % of GDP
+7.38%
2024
22/189
Goods imports
$448M
2024
172/188
Goods exports
$42.2M
2024
178/188
Service imports
$128M
2024
180/188
Service exports
$327M
2024
154/188
Imports of goods and services, % of GDP
53.8%
2024
63/180
Exports of goods and services, % of GDP
29.3%
2024
113/193

Samoa's top 10 trading partners

Samoa's biggest trading partner accounting for 22%% of all exports and imports is New Zealand, with a trade balance between the two of -$97.2M — Samoa exports $7.39M worth of goods and services to New Zealand and imports $105M.

Below is the list of the top 10 trade partners of Samoa.

Rank Country Trade value Share of total trade Export to Import from Top export to Top import from
1 New Zealand $112M 22% $7.39M $105M Raw materials & minerals Machinery & equipment
2 Singapore $108M 21.1% $12M $95.7M Machinery & equipment Raw materials & minerals
3 China $70.9M 13.9% $612K $70.3M Raw materials & minerals Machinery & equipment
4 Australia $54.9M 10.8% $4.56M $50.4M Raw materials & minerals Machinery & equipment
5 United States $49.2M 9.66% $5.6M $43.6M Processed food, beverages & tobacco Animal & marine products
6 Fiji $44.3M 8.69% $1.12M $43.2M Raw materials & minerals Processed food, beverages & tobacco
7 Japan $18.9M 3.72% $453K $18.5M Processed food, beverages & tobacco Machinery & equipment
8 Thailand $11.7M 2.29% $42K $11.6M Animal & marine products Machinery & equipment
9 Indonesia $8.39M 1.65% $0 $8.39M Animal & marine products Processed food, beverages & tobacco
10 South Korea $5.65M 1.11% $293K $5.36M Processed food, beverages & tobacco Machinery & equipment

Samoa's top 10 exports

Samoa Rank
Transport & tourism services $456M 137/188
Business & finance services $65.6M 133/188
IT & IP services $53.3M 123/183
Manufacturing & construction services $22.6M 115/164
Machinery & equipment $14.9M 160/193
Raw materials & minerals $14.1M 166/193
Processed food, beverages & tobacco $6.52M 168/192
Raw agricultural goods $2.16M 172/193
Animal & marine products $1.7M 171/192
Metals $908K 178/192

Samoa's top 10 imports

Samoa Rank
Raw materials & minerals $113M 171/193
Machinery & equipment $105M 180/193
Transport & tourism services $91M 178/188
Processed food, beverages & tobacco $66.4M 176/193
Business & finance services $57M 165/188
Animal & marine products $56.9M 152/193
IT & IP services $49.8M 135/182
Chemicals & pharma $38.4M 179/193
Textiles & consumer goods $33.9M 178/193
Metals $25.4M 177/193

Economic freedom indices

Samoa Rank
Economic freedom 66.6 56/197
Property rights 76.1 41/182
Government integrity 60.3 41/182
Judicial effectiveness 77.7 41/182
Tax burden 79 92/181
Government spending 67.3 112/180
Fiscal health 97.8 12/181
Business freedom 63.5 101/182
Labor freedom 76.2 6/182
Monetary freedom 64.6 144/180
Trade freedom 67.2 119/181
Investment freedom 40 137/181
Financial freedom 30 146/181

Samoa's economic freedom by year

Samoa is ranked 50/180 for economic freedom with a score of 66.6, compared to 61/159 and a score of 63.1 in 2001.

Economic freedom
Judicial effectiveness
Tax burden
Government spending
Fiscal health
Year Index
Economic freedom Judicial effectiveness Tax burden Government spending Fiscal health
1996 47.6 - 64.5 2.2 -
1997 51.5 - 64.5 25 -
1998 49.9 - 64.5 17.3 -
1999 58.7 - 64.5 36.8 -
2000 60.8 - 64.5 56 -
2001 63.1 - 75.5 48.8 -
2002 - - - - -
2003 - - - - -
2004 - - - - -
2005 - - - - -
2006 - - - - -
2007 - - - - -
2008 - - - - -
2009 59.5 - 86.2 56.2 -
2010 60.4 - 79.6 67.5 -
2011 60.6 - 80.1 67.9 -
2012 60.5 - 80.3 61.3 -
2013 57.1 - 80.6 34.3 -
2014 61.1 - 79.9 42.2 -
2015 61.9 - 80.2 46.5 -
2016 63.5 - 78.9 57.5 -
2017 58.4 22.6 80.4 51.9 66.6
2018 61.5 38.8 79.9 55.1 78.1
2019 62.2 31 79.9 62.3 93.6
2020 62.1 31.7 79.6 62.5 94.6
2021 61.9 28.2 78.9 71.1 95.2
2022 68.3 78.4 78.6 68.5 95.6
2023 68.3 58.6 79.2 68.6 95.7
2024 67.2 78.3 79 67.8 96.2
2025 66.6 77.7 79 67.3 97.8

More economic indicators

Samoa Rank
Services, % of GDP
72.5%
2024
19/191
Industry, % of GDP
10.9%
2024
178/194
Agriculture, forestry, and fishing, % of GDP
11%
2024
68/193
GNI, Atlas method
$1.01B
2024
186/194
GNI per capita, PPP
$7,720
2024
138/191
Total reserves including gold
$508M
2024
155/177
Net foreign direct investment
-$1.69M
2024
44/188
Net inflows of foreign direct investment
$3.74M
2024
169/193
Net outflows of foreign direct investment
$2.05M
2024
140/187
Servicing debt to the IMF, % of GNI
4.23%
2023
56/119
Poverty at national poverty lines
21.9%
2018
89/176
Gross capital formation, % of GDP
32.8%
2024
22/176

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GDP per capita map

GDP per capita

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.