Samoa vs Trinidad and Tobago: Economic Indicators Comparison
Trinidad and Tobago with a GDP of $23.8B ranked the 113th largest economy in the world, while Samoa ranked 187th with $820.5M. By GDP 5-years average growth and GDP per capita, Trinidad and Tobago and Samoa ranked 175th vs 106th and 53rd vs 116th, respectively.
Gross Domestic Product & Income
| Stat |  Samoa |  Trinidad and Tobago |
|---|---|---|
| GDP | $820.5M | $23.8B |
| GDP growth, 1 year | 0.7% | 0.3% |
| GDP growth, 5-years average | 2.7% | -1.5% |
| Population | 196k | 1.4M |
| GDP per capita | $4.2k | $17k |
| GDP per capita growth | -2.56% | -0.66% |
| Purchasing Power Parity conversion factor | 1.66 | 3.62 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.65 | 0.54 |
| GDP per capita, PPP adjusted | $5.9k | $32k |
| GNI, Atlas method | $789.4M | $22.2B |
| GNI per capita | $4k | $16k |
| GNI, PPP adjusted | $1.2B | $43.1B |
| GNI per capita, PPP adjusted | $6.3k | $31k |
Financial system and Human development
| Stat | Samoa | Trinidad and Tobago |
|---|---|---|
| Income Tax Rate | 27% | 25% |
| Corporate Tax Rate | 27% | 25% |
| Inflation, consumer prices | 3.7% | 1.1% |
| Inflation, GDP deflator | 2% | 6.1% |
| Unemployment | 8.3% | 2.8% |
| Economic Freedom Index | 62.1 | 58.3 |
| Personal Freedom Index | 6.2 | 6.88 |
| Human Freedom Index | 6.2 | 6.81 |
| Property Rights Index | 60.5 | 56.6 |
| Judical Effectiveness Index | 31.7 | 42.1 |
| Business Freedom Index | 76.6 | 67.3 |
| Fiscal Health Index | 94.6 | 15.9 |
| Labor Freedom Index | 78.8 | 76 |
| Investment Freedom Index | 55 | 60 |
| Financial Freedom Index | 30 | 50 |
| Trade Freedom Index | 64.6 | 67.8 |
| Monetary Freedom Index | 79.5 | 77.4 |
| Government Spending Index | 62.5 | 66.5 |
| Tax Burden Index | 79.6 | 82.6 |
| Government Integrity Index | 31.5 | 37.4 |
| Corruption Perceptions Index | 48 | 41 |
| Life expectancy at birth, years | 73 | 73.2 |
| Suicide mortality rate, per 100,000 people | 4.4 | 13.6 |
| Mortality caused by road traffic injury, per 100,000 people | 11.3 | 12.1 |
| Intentional homicides, per 100,000 people | 3.2 | 30.9 |
| International tourism, number of arrivals | 164k | 375k |
Government debt & reserves
| Stat | Samoa | Trinidad and Tobago |
|---|---|---|
| Central government debt, % of GDP | 50.2% | 45.3% |
| External debt stocks, % of GNI | 51.3% | N/A |
| External debt stocks | $427.5M | N/A |
| Short-term debt, % of total reserves | 0% | N/A |
| Total debt service, % of exports and primary income | 9.8% | N/A |
| Adjusted net savings including particulate emission damage, % of GNI | N/A | N/A |
| Gross savings, % of GDP | N/A | N/A |
| Gross capital formation, % of GDP | N/A | N/A |
| Total reserves including gold | $169.9M | $8.1B |
| Foreign direct investment net inflows | $16.7M | -$602.5M |
Exports, imports and economic structure
| Stat | Samoa | Trinidad and Tobago |
|---|---|---|
| Exports of goods and services, % of GDP | 32.6% | N/A |
| Imports of goods and services, % of GDP | 47.8% | N/A |
| Current account balance (balance of payments) | $20.5M | $1.2B |
| Revenue excluding grants, % of GDP | 33.1% | 38.4% |
| Grants excluding technical cooperation, BoP | $89.6M | $2.4M |
| Personal remittances received | $147.4M | $138.7M |
| Industry including construction value added, % of GDP | 15.1% | 42% |
| Agriculture, forestry and fishing value added, % of GDP | 9.8% | 1% |
| Charges for the use of intellectual property, payments BoP | $586k | $63.9M |
| Charges for the use of intellectual property, receipts BoP | $538k | $882k |
| Expense, % of GDP | 27.8% | 35.9% |
| Government Expenditure, % of GDP | 35.3% | 33.4% |
