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Economy of Samoa vs Vanuatu compared: GDP & Debt

Updated on by Georank team

Samoa has a GDP of $1.18B compared to $1.12B for Vanuatu, ranking 185/197 and 188/197 by economy size, respectively.

Samoa has $296M in government debt (25.2% of GDP), compared to $507M (45.3% of GDP) in Vanuatu.

Samoa vs Vanuatu GDP by year

Samoa
Vanuatu
1x
Year GDP, current $
Samoa Vanuatu
2024 $1,175,749,786 $1,117,972,034
2023 $1,044,909,500 $1,115,861,056
2022 $889,554,712 $1,055,031,361
2021 $859,724,936 $950,394,007
2020 $868,884,903 $909,421,044
2019 $912,950,466 $936,526,268
2018 $878,448,433 $914,727,908
2017 $884,844,384 $880,043,284
2016 $843,924,797 $804,323,577
2015 $824,150,499 $759,690,181
2014 $796,683,520 $773,717,011
2013 $797,736,334 $758,304,466
2012 $773,141,661 $747,839,698
2011 $744,097,050 $770,153,588
2010 $680,260,907 $670,712,980
2009 $628,006,115 $592,622,319
2008 $641,346,192 $590,748,429
2007 $573,548,460 $516,392,923
2006 $499,923,758 $439,358,587
2005 $476,801,793 $394,962,433
2004 $407,747,565 $364,996,869
2003 $333,426,188 $314,471,413
2002 $281,790,134 $262,596,536
2001 $266,299,591 $257,926,882
2000 $258,856,140 $272,014,628
1999 $255,408,060 $268,006,973
1998 $269,485,244 $262,293,411
1997 $285,475,592 $272,771,209
1996 $249,907,869 $261,370,044
1995 $224,865,731 $249,333,250
1994 $221,098,107 $233,701,301
1993 $133,122,897 $200,491,853
1992 $132,303,041 $209,088,825
1991 $125,597,205 $201,334,169
1990 $125,766,270 $168,879,207
1989 $122,888,610 $154,013,202
1988 $133,016,065 $158,351,368
1987 $111,713,922 $139,464,174
1986 $100,947,849 $126,498,935
1985 $95,572,173 $131,856,421
1984 $109,200,934 $144,482,515
1983 $111,862,824 $117,389,554
1982 $121,221,652 $114,501,913
1981 $118,190,655 $113,781,796
1980 $125,747,038 $121,185,498
1979 $122,257,393 $119,258,835
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/vanuatu | CC BY

GDP per capita in Samoa vs Vanuatu by year

Samoa
GDP per capita

GDP per capita, PPP
Vanuatu
GDP per capita

GDP per capita, PPP
1x
Year Current $
Samoa Vanuatu
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $5,393 $8,737 $3,411 $3,606
2023 $4,823 $8,195 $3,483 $3,568
2022 $4,132 $6,909 $3,370 $3,453
2021 $4,022 $6,350 $3,107 $3,136
2020 $4,100 $6,451 $3,043 $3,118
2019 $4,352 $6,638 $3,207 $3,315
2018 $4,232 $6,318 $3,207 $3,233
2017 $4,308 $6,280 $3,160 $3,146
2016 $4,147 $6,141 $2,956 $3,030
2015 $4,084 $5,682 $2,855 $2,966
2014 $3,983 $5,468 $2,973 $2,890
2013 $4,024 $5,387 $2,980 $2,832
2012 $3,935 $5,339 $3,005 $2,834
2011 $3,822 $5,494 $3,163 $2,816
2010 $3,524 $5,229 $2,815 $2,733
2009 $3,279 $4,906 $2,546 $2,730
2008 $3,374 $4,939 $2,604 $2,701
2007 $3,039 $4,713 $2,334 $2,573
2006 $2,663 $4,592 $2,035 $2,496
2005 $2,550 $4,379 $1,874 $2,287
2004 $2,189 $3,997 $1,774 $2,157
2003 $1,798 $3,792 $1,567 $2,070
2002 $1,528 $3,553 $1,341 $1,995
2001 $1,454 $3,335 $1,350 $2,125
2000 $1,425 $3,062 $1,460 $2,206
1999 $1,417 $2,871 $1,472 $2,084
1998 $1,506 $2,792 $1,471 $2,091
1997 $1,608 $2,722 $1,562 $2,087
1996 $1,419 $2,681 $1,529 $1,998
1995 $1,288 $2,478 $1,492 $1,961
1994 $1,277 $2,294 $1,431 $1,946
1993 $775 $2,323 $1,257 $1,789
1992 $777 $2,198 $1,344 $1,777
1991 $742 $2,166 $1,326 $1,737
1990 $744 $2,148 $1,141 $1,670
1989 $728 - $1,067 -
1988 $790 - $1,125 -
1987 $666 - $1,017 -
1986 $604 - $946 -
1985 $573 - $1,012 -
1984 $655 - $1,137 -
1983 $671 - $947 -
1982 $728 - $946 -
1981 $713 - $962 -
1980 $765 - $1,048 -
1979 $751 - $1,055 -
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/vanuatu | CC BY

Samoa's GDP per capita is $5,393, ranking 117/197, compared to $3,411 in Vanuatu, ranking 137/197. Adjusted for purchasing power (GDP per capita PPP), Samoa ranks 137th at $8,737, while Vanuatu ranks 170th at $3,606.

Economic indicators

Samoa Vanuatu
Gross domestic product
$1.18B
2024
$1.12B
2024
GDP rank
185/197
2024
188/197
2024
GDP growth
4.75%
2023-2024
0.94%
2023-2024
GDP per capita
$5,393
2024
$3,411
2024
GDP per capita rank
117/197
2024
137/197
2024
GDP per capita, PPP
$8,737
2024
$3,606
2024
GDP per capita PPP rank
137/197
2024
170/197
2024
Government debt
$296M
2024
$507M
2024
Debt-to-GDP ratio
25.2%
2024
45.3%
2024
Government debt per person
$1,357
2024
$1,546
2024
Government debt per person rank
135/185
2024
131/185
2024
Average annual personal income after taxes
$3,750
2026
$3,164
2026
Income share by richest 10%
31.3%
2013
24.7%
2019
Income share by poorest 10%
2.7%
2013
3%
2019
Government expenditure, % of GDP
26.3%
2024
41.1%
2024
Consumer prices inflation
2.17%
2023-2024
11.2%
2022-2023
Central bank interest rate
0.37%
2024
n/a
Unemployment rate
5.05%
2022
4.05%
2020
Population
220932
344750

Spending and national debt comparison by year

Samoa
Spending

Debt
Vanuatu
Spending

Debt
1x
Year % of GDP
Samoa Vanuatu
Government spending Government debt Government spending Government debt
2024 26.3% 25.2% 41.1% 45.3%
2023 28.8% 31.8% 41.6% 41.8%
2022 31.1% 41% 42% 42.8%
2021 34.1% 45.4% 44.4% 48.5%
2020 30.5% 43.2% 43.4% 48%
2019 31.8% 44.3% 39.8% 45.1%
2018 30% 49.4% 33.3% 45.3%
2017 30.9% 46.7% 37.1% 52.6%
2016 27.3% 49% 35.2% 42.5%
2015 30.5% 56.4% 42.4% 36.3%
2014 35.3% 54.9% 23.3% 20.2%
2013 30.7% 54.1% 22.9% 18.6%
2012 33.6% 50.9% 24.5% 19.3%
2011 33.7% 41.5% 25.1% 21.3%
2010 29.4% 40.3% 28.3% 20.2%
2009 31.5% 33.3% 27.6% 21.1%
2008 27.7% 28.2% 27.8% 21.2%
2007 31.1% 31.5% 22.5% 19.5%
2006 27.7% 33.5% 20.1% 22.2%
2005 30.6% 34.2% 18.3% 26.3%
2004 27.3% 39.8% 18.5% 30.4%
2003 28.5% 42.8% 18.8% 38.3%
2002 30.7% 50.3% 22.3% 38.8%
2001 30% 53.8% 22.3% 37%
2000 30.4% 55.8% 25.4% 36.1%
1999 33.8% 59.4% 23.9% 30.6%
1998 28.1% 58.9% 27.9% 28%
1997 31% - 22.2% 22.9%
1996 38.9% - 24.5% 23.1%
1995 42.2% - 28% 24.1%
1994 54.1% - 24.4% 21.6%
1993 49.5% - 26.2% 20.3%
1992 43.4% - 31.8% 21%
1991 - - 33.2% 15.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20).

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

In 2024, Samoa's government spending was $310M, accounting for 26.3% of its GDP, while Vanuatu spent $459M, or 41.1% of GDP.

Debt-to-GDP ratio is 25.2% in Samoa and 45.3% in Vanuatu, ranking 165/185 and 119/185, respectively.

Government deficit by year

Deficit/surplus
Samoa

Vanuatu
1x
Year Deficit/surplus, % of GDP
Samoa Vanuatu
2024 9.29% -2.34%
2023 2.7% -0.95%
2022 5.03% -6.5%
2021 1.71% 2.38%
2020 5.41% -1.95%
2019 1.51% 2.81%
2018 0.06% 6.26%
2017 -1.98% -1.2%
2016 -0.35% -0.72%
2015 -3.79% -8.66%
2014 -5.38% 1.44%
2013 -3.82% -0.25%
2012 -7.43% -1.7%
2011 -5.25% -2.19%
2010 -5.49% -2.63%
2009 -2.98% -0.85%
2008 -0.36% -0.04%
2007 0.55% 0.28%
2006 -0.44% 0.49%
2005 0.23% 1.86%
2004 -0.74% 0.8%
2003 -0.51% -1.35%
2002 -1.77% -3.63%
2001 -1.96% -3.33%
2000 -0.62% -6.28%
1999 0.27% -0.55%
1998 1.64% -6.65%
1997 1.92% -0.51%
1996 1.21% -1.78%
1995 -5.82% -2.59%
1994 -9.51% -1.49%
1993 -13.2% -3.67%
1992 -9.89% -2.32%
1991 - -2.81%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20).

GeoRank.org/economy/samoa/vanuatu | 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 Vanuatu's deficit of $26.2M, or 2.34% of GDP.

Over the past 33 years, Samoa recorded a fiscal deficit in 20 of those years, while Vanuatu ran a deficit in 25 years. On average, Samoa posted an annual deficit equal to 1.51% of GDP, compared to deficit of 1.45% of GDP for Vanuatu.

Inflation comparison by year

Inflation
Samoa

Vanuatu
1x
Year Consumer prices inflation
Samoa Vanuatu
2024 2.17% -
2023 7.92% 11.2%
2022 11% 6.68%
2021 3.13% 2.34%
2020 -1.57% 5.33%
2019 0.98% 2.76%
2018 4.2% 2.33%
2017 1.75% 3.08%
2016 1.3% 0.84%
2015 0.72% 2.48%
2014 -0.41% 0.8%
2013 0.61% 1.46%
2012 2.05% 1.35%
2011 5.24% 0.87%
2010 0.78% 2.76%
2009 6.32% 4.3%
2008 11.6% 4.84%
2007 5.58% 3.94%
2006 3.7% 2.04%
2005 1.86% 1.2%
2004 16.3% 1.42%
2003 0.12% 3.02%
2002 8.05% 1.96%
2001 3.84% 3.58%
2000 0.97% 2.54%
1999 0.27% 2%
1998 2.22% 3.28%
1997 6.86% 2.83%

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

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

Over the past 27 years, Samoa has recorded an average annual inflation rate of 3.9%, compared with 3.01% in Vanuatu. In 2023, inflation was 2.17% in Samoa and 11.2% in Vanuatu.

Top exports between countries

Samoa
Export category Export value
Raw materials & minerals $34K
Processed food, beverages & tobacco $15K
Vanuatu
Export category Export value
Chemicals & pharma $3K

Balance of trade

Samoa Vanuatu
Current account balance
$65.6M
2024
-$127M
2022
Current account balance ranking
72/190
2024
90/190
2022
Current account balance, % of GDP
+5.58%
2024
-12.1%
2022
Goods imports
$448M
2024
$350M
2022
Goods exports
$42.2M
2024
$73.6M
2022
Service imports
$128M
2024
$230M
2022
Service exports
$327M
2024
$78.5M
2022
Imports of goods and services, % of GDP
48.9%
2024
54.2%
2022
Exports of goods and services, % of GDP
30.7%
2024
9.43%
2022

Economic freedom indices

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

Samoa Vanuatu
Economic freedom 68 61.1
Economic freedom ranking 52/197 92/197
Property rights 77.1 62.1
Government integrity 64.1 48.3
Judicial effectiveness 77.6 67.9
Tax burden 79.3 96.9
Government spending 75.2 48.1
Fiscal health 98.7 78.8
Business freedom 63.7 50.3
Labor freedom 73.7 41
Monetary freedom 69.4 72.1
Trade freedom 67.2 62
Investment freedom 40 65
Financial freedom 30 40

Economic freedom comparison by year

Samoa
Vanuatu
1x
Year Economic freedom index
Samoa Vanuatu
2026 68 61.1
2025 66.6 61.8
2024 67.2 62.2
2023 68.3 62.1
2022 68.3 62.9
2021 61.9 60.5
2020 62.1 60.7
2019 62.2 56.4
2018 61.5 69.5
2017 58.4 67.4
2016 63.5 60.8
2015 61.9 61.1
2014 61.1 59.5
2013 57.1 56.6
2012 60.5 56.6
2011 60.6 56.7
2010 60.4 56.4
2009 59.5 58.4
2008 - -
2007 - -
2006 - -
2005 - -
2004 - -
2003 - -
2002 - -
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/vanuatu | CC BY

The Economic Freedom Index for Samoa is 68, ranking 52/197, compared to 61.1 for Vanuatu, ranking 92/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Samoa Vanuatu
Services, % of GDP
69.4%
2024
59.1%
2022
Industry, % of GDP
10.6%
2024
7.37%
2022
Agriculture, forestry, and fishing, % of GDP
9.8%
2024
24.3%
2022
GNI, Atlas method
$1.1B
2024
$1.28B
2024
GNI per capita, PPP
$8,620
2024
$4,140
2024
Total reserves including gold
$508M
2024
$615M
2024
Total reserves ranking
155/177
2024
152/177
2024
Net foreign direct investment
-$1.69M
2024
-$9.21M
2022
Net inflows of foreign direct investment
$3.74M
2024
$28.9M
2024
Net outflows of foreign direct investment
$2.05M
2024
$2.79M
2024
Servicing debt to the IMF, % of GNI
3.15%
2024
2.04%
2024
Poverty at national poverty lines
21.9%
2018
15.9%
2020
Gross capital formation, % of GDP
29%
2024
38.3%
2022

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/vanuatu | 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 (1991–2024, 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. TradeMap (2011–2023, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.