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Economy of Samoa vs Serbia compared: GDP & Debt

Updated on by Georank team

Samoa has a GDP of $1.18B compared to $90.1B for Serbia, ranking 185/197 and 76/197 by economy size, respectively.

Samoa has $296M in government debt (25.2% of GDP), compared to $40.1B (44.5% of GDP) in Serbia.

Samoa vs Serbia GDP by year

Samoa
Serbia
1x
Year GDP, current $
Samoa Serbia
2024 $1,175,749,786 $90,097,765,959
2023 $1,044,909,500 $81,343,999,280
2022 $889,554,712 $66,809,895,701
2021 $859,724,936 $66,159,884,073
2020 $868,884,903 $55,874,017,669
2019 $912,950,466 $53,864,693,665
2018 $878,448,433 $52,787,520,249
2017 $884,844,384 $45,972,834,714
2016 $843,924,797 $42,225,495,910
2015 $824,150,499 $41,297,410,635
2014 $796,683,520 $49,114,321,280
2013 $797,736,334 $50,455,529,604
2012 $773,141,661 $45,103,269,969
2011 $744,097,050 $51,251,098,408
2010 $680,260,907 $43,536,629,233
2009 $628,006,115 $46,955,984,410
2008 $641,346,192 $54,220,641,202
2007 $573,548,460 $44,888,028,946
2006 $499,923,758 $33,298,057,362
2005 $476,801,793 $28,334,256,181
2004 $407,747,565 $26,845,632,342
2003 $333,426,188 $23,593,044,418
2002 $281,790,134 $17,930,583,571
2001 $266,299,591 $13,599,378,662
2000 $258,856,140 $7,326,373,882
1999 $255,408,060 $20,878,694,851
1998 $269,485,244 $21,004,077,441
1997 $285,475,592 $27,153,408,995
1996 $249,907,869 $23,277,430,168
1995 $224,865,731 $17,921,892,655
1994 $221,098,107 -
1993 $133,122,897 -
1992 $132,303,041 -
1991 $125,597,205 -
1990 $125,766,270 -
1989 $122,888,610 -
1988 $133,016,065 -
1987 $111,713,922 -
1986 $100,947,849 -
1985 $95,572,173 -
1984 $109,200,934 -
1983 $111,862,824 -
1982 $121,221,652 -
1981 $118,190,655 -
1980 $125,747,038 -
1979 $122,257,393 -
1978 $108,223,444 -
1977 $98,295,671 -
1976 $85,003,078 -
1975 $93,489,283 -
1974 $93,549,611 -
1973 $82,452,985 -
1972 $62,566,116 -
1971 $53,719,569 -
1970 $45,208,338 -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

GeoRank.org/economy/samoa/serbia | CC BY

GDP per capita in Samoa vs Serbia by year

Samoa
GDP per capita

GDP per capita, PPP
Serbia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Samoa Serbia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $5,393 $8,737 $13,679 $32,832
2023 $4,823 $8,195 $12,282 $29,777
2022 $4,132 $6,909 $10,025 $26,143
2021 $4,022 $6,350 $9,681 $23,406
2020 $4,100 $6,451 $8,099 $21,013
2019 $4,352 $6,638 $7,756 $20,587
2018 $4,232 $6,318 $7,560 $18,469
2017 $4,308 $6,280 $6,548 $17,285
2016 $4,147 $6,141 $5,982 $16,455
2015 $4,084 $5,682 $5,820 $15,546
2014 $3,983 $5,468 $6,887 $15,296
2013 $4,024 $5,387 $7,040 $15,247
2012 $3,935 $5,339 $6,263 $14,506
2011 $3,822 $5,494 $7,082 $14,298
2010 $3,524 $5,229 $5,971 $13,320
2009 $3,279 $4,906 $6,414 $13,038
2008 $3,374 $4,939 $7,377 $13,123
2007 $3,039 $4,713 $6,081 $11,685
2006 $2,663 $4,592 $4,493 $10,463
2005 $2,550 $4,379 $3,808 $9,398
2004 $2,189 $3,997 $3,597 $8,715
2003 $1,798 $3,792 $3,154 $8,023
2002 $1,528 $3,553 $2,391 $7,563
2001 $1,454 $3,335 $1,812 $6,803
2000 $1,425 $3,062 $975 $6,416
1999 $1,417 $2,871 $2,769 $5,897
1998 $1,506 $2,792 $2,775 $6,460
1997 $1,608 $2,722 $3,574 $6,040
1996 $1,419 $2,681 $3,054 $5,434
1995 $1,288 $2,478 $2,349 $5,022
1994 $1,277 $2,294 - -
1993 $775 $2,323 - -
1992 $777 $2,198 - -
1991 $742 $2,166 - -
1990 $744 $2,148 - -
1989 $728 - - -
1988 $790 - - -
1987 $666 - - -
1986 $604 - - -
1985 $573 - - -
1984 $655 - - -
1983 $671 - - -
1982 $728 - - -
1981 $713 - - -
1980 $765 - - -
1979 $751 - - -
1978 $671 - - -
1977 $615 - - -
1976 $541 - - -
1975 $610 - - -
1974 $626 - - -
1973 $563 - - -
1972 $433 - - -
1971 $377 - - -
1970 $322 - - -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

GeoRank.org/economy/samoa/serbia | CC BY

Samoa's GDP per capita is $5,393, ranking 117/197, compared to $13,679 in Serbia, ranking 73/197. Adjusted for purchasing power (GDP per capita PPP), Samoa ranks 137th at $8,737, while Serbia ranks 69th at $32,832.

Economic indicators

Samoa Serbia
Gross domestic product
$1.18B
2024
$90.1B
2024
GDP rank
185/197
2024
76/197
2024
GDP growth
4.75%
2023-2024
3.95%
2023-2024
GDP per capita
$5,393
2024
$13,679
2024
GDP per capita rank
117/197
2024
73/197
2024
GDP per capita, PPP
$8,737
2024
$32,832
2024
GDP per capita PPP rank
137/197
2024
69/197
2024
Government debt
$296M
2024
$40.1B
2024
Debt-to-GDP ratio
25.2%
2024
44.5%
2024
Government debt per person
$1,357
2024
$6,084
2024
Government debt per person rank
135/185
2024
73/185
2024
Average annual personal income after taxes
$3,750
2026
$12,252
2026
Market capitalization of domestic companies n/a
$4.06B
2011
Income share by richest 10%
31.3%
2013
24.7%
2022
Income share by poorest 10%
2.7%
2013
2.4%
2022
Government expenditure, % of GDP
26.3%
2024
42.7%
2024
Consumer prices inflation
2.17%
2023-2024
4.67%
2023-2024
Central bank interest rate
0.37%
2024
5.75%
2024
Unemployment rate
5.05%
2022
7.24%
2024
Population
220932
6494521

Spending and national debt comparison by year

Samoa
Spending

Debt
Serbia
Spending

Debt
1x
Year % of GDP
Samoa Serbia
Government spending Government debt Government spending Government debt
2024 26.3% 25.2% 42.7% 44.5%
2023 28.8% 31.8% 40.6% 45.7%
2022 31.1% 41% 41.4% 50.9%
2021 34.1% 45.4% 44.4% 53.6%
2020 30.5% 43.2% 46% 54.3%
2019 31.8% 44.3% 40.2% 49.5%
2018 30% 49.4% 39% 51.1%
2017 30.9% 46.7% 38.5% 55.3%
2016 27.3% 49% 40.3% 65%
2015 30.5% 56.4% 41% 67.1%
2014 35.3% 54.9% 42.9% 63.5%
2013 30.7% 54.1% 40.6% 54.1%
2012 33.6% 50.9% 43.3% 51.7%
2011 33.7% 41.5% 40% 42%
2010 29.4% 40.3% 41.2% 38.2%
2009 31.5% 33.3% 41.1% 32.6%
2008 27.7% 28.2% 43.7% 29.4%
2007 31.1% 31.5% 40.6% 30%
2006 27.7% 33.5% 41.3% 37%
2005 30.6% 34.2% 38.9% 50.1%
2004 27.3% 39.8% 37.8% 57.6%
2003 28.5% 42.8% 37.6% 64.4%
2002 30.7% 50.3% 38.6% 68.4%
2001 30% 53.8% 30.5% 95.9%
2000 30.4% 55.8% 28% 200.6%
1999 33.8% 59.4% - -
1998 28.1% 58.9% - -
1997 31% - - -
1996 38.9% - - -
1995 42.2% - - -
1994 54.1% - - -
1993 49.5% - - -
1992 43.4% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20).

GeoRank.org/economy/samoa/serbia | CC BY

In 2024, Samoa's government spending was $310M, accounting for 26.3% of its GDP, while Serbia spent $38.4B, or 42.7% of GDP.

Debt-to-GDP ratio is 25.2% in Samoa and 44.5% in Serbia, ranking 165/185 and 121/185, respectively.

Government deficit by year

Deficit/surplus
Samoa

Serbia
1x
Year Deficit/surplus, % of GDP
Samoa Serbia
2024 9.29% -1.75%
2023 2.7% -1.21%
2022 5.03% -0.14%
2021 1.71% -3.16%
2020 5.41% -6.91%
2019 1.51% -0.004%
2018 0.06% 0.78%
2017 -1.98% 1.32%
2016 -0.35% -1.08%
2015 -3.79% -3.25%
2014 -5.38% -5.61%
2013 -3.82% -4.79%
2012 -7.43% -6.11%
2011 -5.25% -3.75%
2010 -5.49% -3.35%
2009 -2.98% -3.3%
2008 -0.36% -4.25%
2007 0.55% -0.8%
2006 -0.44% -0.9%
2005 0.23% 1.02%
2004 -0.74% 0.06%
2003 -0.51% -2.39%
2002 -1.77% -2.33%
2001 -1.96% 0.32%
2000 -0.62% -0.15%
1999 0.27% -
1998 1.64% -
1997 1.92% -
1996 1.21% -
1995 -5.82% -
1994 -9.51% -
1993 -13.2% -
1992 -9.89% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20).

GeoRank.org/economy/samoa/serbia | CC BY

In 2024, Samoa's government surplus, the difference between spending and revenue, was $109M, equivalent to 9.29% of GDP. This compares to Serbia's deficit of $1.58B, or 1.75% of GDP.

Over the past 25 years, Samoa recorded a fiscal deficit in 16 of those years, while Serbia ran a deficit in 20 years. On average, Samoa posted an annual deficit equal to 0.65% of GDP, compared to deficit of 2.07% of GDP for Serbia.

Inflation comparison by year

Inflation
Samoa

Serbia
1x
Year Consumer prices inflation
Samoa Serbia
2024 2.17% 4.67%
2023 7.92% 12.4%
2022 11% 12%
2021 3.13% 4.09%
2020 -1.57% 1.58%
2019 0.98% 1.85%
2018 4.2% 1.96%
2017 1.75% 3.13%
2016 1.3% 1.12%
2015 0.72% 1.39%
2014 -0.41% 2.08%
2013 0.61% 7.69%
2012 2.05% 7.33%
2011 5.24% 11.1%
2010 0.78% 6.14%
2009 6.32% 8.12%
2008 11.6% 12.4%
2007 5.58% 6.39%
2006 3.7% 11.7%
2005 1.86% 16.1%
2004 16.3% 11%
2003 0.12% 9.88%
2002 8.05% 19.5%
2001 3.84% 95%
2000 0.97% 71.1%
1999 0.27% 42.5%
1998 2.22% 30.2%
1997 6.86% 23.3%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/samoa/serbia | CC BY

Over the past 28 years, Samoa has recorded an average annual inflation rate of 3.84%, compared with 15.6% in Serbia. In 2024, inflation was 2.17% in Samoa and 4.67% in Serbia.

Balance of trade

Samoa Serbia
Current account balance
$65.6M
2024
-$4.1B
2024
Current account balance ranking
72/190
2024
162/190
2024
Current account balance, % of GDP
+5.58%
2024
-4.56%
2024
Goods imports
$448M
2024
$39.6B
2024
Goods exports
$42.2M
2024
$32.2B
2024
Service imports
$128M
2024
$12.6B
2024
Service exports
$327M
2024
$15.7B
2024
Imports of goods and services, % of GDP
48.9%
2024
58.1%
2024
Exports of goods and services, % of GDP
30.7%
2024
53.6%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Samoa Serbia
Economic freedom 68 65
Economic freedom ranking 52/197 68/197
Property rights 77.1 57.2
Government integrity 64.1 37.2
Judicial effectiveness 77.6 50.1
Tax burden 79.3 88
Government spending 75.2 48.2
Fiscal health 98.7 94.3
Business freedom 63.7 73.6
Labor freedom 73.7 61.8
Monetary freedom 69.4 73
Trade freedom 67.2 76.6
Investment freedom 40 70
Financial freedom 30 50

Economic freedom comparison by year

Samoa
Serbia
1x
Year Economic freedom index
Samoa Serbia
2026 68 65
2025 66.6 64.4
2024 67.2 62.7
2023 68.3 63.5
2022 68.3 65.2
2021 61.9 67.2
2020 62.1 66
2019 62.2 63.9
2018 61.5 62.5
2017 58.4 58.9
2016 63.5 62.1
2015 61.9 60
2014 61.1 59.4
2013 57.1 58.6
2012 60.5 58
2011 60.6 58
2010 60.4 56.9
2009 59.5 56.6
2008 - -
2007 - -
2006 - -
2005 - -
2004 - -
2003 - 43.5
2002 - 46.6
2001 63.1 -
2000 60.8 -
1999 58.7 -
1998 49.9 -
1997 51.5 -
1996 47.6 -

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

GeoRank.org/economy/samoa/serbia | CC BY

The Economic Freedom Index for Samoa is 68, ranking 52/197, compared to 65 for Serbia, ranking 68/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Samoa Serbia
Services, % of GDP
69.4%
2024
58.8%
2024
Industry, % of GDP
10.6%
2024
23.1%
2024
Agriculture, forestry, and fishing, % of GDP
9.8%
2024
3.17%
2024
GNI, Atlas method
$1.1B
2024
$76.5B
2024
GNI per capita, PPP
$8,620
2024
$30,770
2024
Total reserves including gold
$508M
2024
$30.5B
2024
Total reserves ranking
155/177
2024
55/177
2024
Net foreign direct investment
-$1.69M
2024
-$4.93B
2024
Net inflows of foreign direct investment
$3.74M
2024
$5.59B
2024
Net outflows of foreign direct investment
$2.05M
2024
$661M
2024
Servicing debt to the IMF, % of GNI
3.15%
2024
12.2%
2024
Poverty at national poverty lines
21.9%
2018
19.7%
2023
Gross capital formation, % of GDP
29%
2024
25%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/samoa/serbia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.