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Economy of Samoa vs Zambia compared: GDP & Debt

Updated on by Georank team

Samoa has a GDP of $1.07B compared to $26.3B for Zambia, ranking 187/197 and 115/197 by economy size, respectively.

Samoa has $296M in government debt (22.5% of GDP), compared to $30.3B (99% of GDP) in Zambia.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Samoa
GDP, current $

GDP, constant 2015 $
Zambia
GDP, current $

GDP, constant 2015 $
Year GDP
Samoa Zambia
Current $ Constant $ Current $ Constant $
1960 - - $698,739,721 $3,745,698,444
1961 - - $682,359,727 $3,796,691,708
1962 - - $679,279,729 $3,702,122,212
1963 - - $704,339,719 $3,823,270,197
1964 - - $822,639,671 $4,290,246,254
1965 - - $1,061,199,576 $5,004,463,110
1966 - - $1,238,999,505 $4,725,699,011
1967 - - $1,340,639,464 $5,099,960,030
1968 - - $1,573,739,371 $5,163,624,360
1969 - - $1,926,399,230 $5,141,063,669
1970 $45,208,338 $340,680,798 $1,788,779,285 $5,387,686,297
1971 $53,719,569 $386,718,744 $1,653,259,341 $5,383,050,756
1972 $62,566,116 $392,857,137 $1,872,416,680 $5,878,768,641
1973 $82,452,985 $421,502,969 $2,434,255,237 $5,822,212,020
1974 $93,549,611 $376,488,089 $2,910,981,262 $6,196,473,040
1975 $93,489,283 $362,165,173 $2,442,672,141 $6,055,854,685
1976 $85,003,078 $395,926,333 $2,742,859,263 $6,432,587,907
1977 $98,295,671 $392,857,137 $2,515,296,940 $6,138,989,403
1978 $108,223,444 $417,410,708 $2,811,032,473 $6,172,984,907
1979 $122,257,393 $462,946,425 $3,353,445,378 $5,986,318,100
1980 $125,747,038 $434,275,788 $3,884,530,854 $6,168,040,111
1981 $118,190,655 $395,064,496 $4,008,126,497 $6,548,482,198
1982 $121,221,652 $391,269,846 $3,871,117,093 $6,364,287,628
1983 $111,862,824 $392,956,360 $3,321,048,451 $6,239,121,864
1984 $109,200,934 $398,015,901 $2,719,518,933 $6,218,106,324
1985 $95,572,173 $413,616,120 $2,252,454,500 $6,318,548,040
1986 $100,947,849 $436,383,943 $1,664,413,508 $6,364,287,628
1987 $111,713,922 $438,492,097 $2,265,250,972 $6,534,574,435
1988 $133,016,065 $432,167,727 $3,728,878,149 $6,944,994,654
1989 $122,888,610 $448,189,540 $3,994,673,161 $6,873,912,510
1990 $125,766,270 $428,373,059 $3,288,381,797 $6,840,844,039
1991 $125,597,205 $418,520,426 $3,376,806,697 $6,838,372,211
1992 $132,303,041 $417,683,439 $3,182,810,841 $6,720,005,310
1993 $133,122,897 $434,808,422 $3,273,505,344 $7,176,782,487
1994 $221,098,107 $423,755,155 $3,656,806,166 $6,557,753,280
1995 $224,865,731 $452,035,062 $3,806,983,413 $6,747,775,257
1996 $249,907,869 $484,486,518 $3,597,220,962 $7,167,388,798
1997 $285,475,592 $487,603,826 $4,303,288,480 $7,440,753,544
1998 $269,485,244 $498,306,192 $3,537,741,942 $7,412,051,124
1999 $255,408,060 $509,196,347 $3,404,284,891 $7,756,725,565
2000 $258,856,140 $535,129,944 $3,600,632,111 $8,059,030,210
2001 $266,299,591 $574,676,738 $4,094,441,301 $8,487,518,231
2002 $281,790,134 $607,157,233 $4,193,850,445 $8,869,967,014
2003 $333,426,188 $638,806,086 $4,901,869,764 $9,485,983,916
2004 $407,747,565 $658,527,693 $6,221,110,219 $10,153,075,785
2005 $476,801,793 $702,248,687 $8,331,870,169 $10,887,711,636
2006 $499,923,758 $717,221,522 $12,756,858,899 $11,748,243,096
2007 $573,548,460 $720,707,093 $14,056,957,976 $12,729,507,610
2008 $641,346,192 $746,336,192 $17,910,858,638 $13,719,086,270
2009 $628,006,115 $742,293,456 $15,328,342,304 $14,984,033,822
2010 $680,260,907 $787,756,851 $20,265,559,484 $16,527,123,088
2011 $744,097,050 $818,078,226 $23,459,515,276 $17,447,560,253
2012 $773,141,661 $787,546,482 $25,503,060,420 $18,773,117,889
2013 $797,736,334 $788,391,466 $28,037,239,463 $19,722,575,263
2014 $796,683,520 $793,594,249 $27,141,023,558 $20,648,211,567
2015 $824,150,499 $824,150,499 $21,251,216,799 $21,251,216,799
2016 $843,924,797 $889,949,544 $20,958,412,538 $22,049,221,308
2017 $884,844,384 $902,464,748 $25,873,601,261 $22,826,646,594
2018 $878,448,433 $896,962,898 $26,311,507,274 $23,747,586,257
2019 $912,950,466 $936,894,421 $23,308,667,781 $24,089,861,649
2020 $868,898,358 $907,771,582 $18,137,764,931 $23,418,945,737
2021 $843,923,639 $843,511,967 $22,096,416,932 $24,879,098,748
2022 $832,945,206 $798,752,768 $29,163,782,140 $26,175,604,214
2023 $938,189,444 $872,307,109 $27,577,956,471 $27,580,695,690
2024 $1,068,025,244 $954,498,941 $26,325,775,287 $28,695,824,119

Economic indicators

Samoa Zambia
Gross domestic product
$1.07B
2024
$26.3B
2024
GDP rank
187/197
2024
115/197
2024
GDP growth
13.8%
2023-2024
-4.54%
2023-2024
GDP per capita
$4,899
2024
$1,235
2024
GDP per capita rank
120/197
2024
169/197
2024
GDP per capita, PPP
$7,837
2024
$4,224
2024
Government debt
$296M
2024
$30.3B
2024
Debt-to-GDP ratio
22.5%
2025
99%
2025
Government debt per person
$1,357
2024
$1,420
2024
Government debt per person rank
134/185
2024
132/185
2024
Average annual personal income after taxes
$3,507
2025
$1,168
2025
Market capitalization of domestic companies n/a
$7.77B
2024
Income share by richest 10%
31.3%
2013
39.1%
2022
Income share by poorest 10%
2.7%
2013
1.5%
2022
Government expenditure, % of GDP
33.1%
2025
27.3%
2025
Consumer prices inflation
2.17%
2023-2024
14.2%
2024-2025
Central bank interest rate
0.37%
2024
14.5%
2025
Unemployment rate
5.05%
2022
5.86%
2023
Population
220288
22402291

GDP per capita in Samoa vs Zambia

Samoa's GDP per capita is $4,899, ranking 120/197, compared to $1,235 in Zambia, ranking 169/197. Adjusted for purchasing power (GDP per capita PPP), Samoa ranks 142nd at $7,837, while Zambia ranks 164th at $4,224.

Samoa
GDP per capita

GDP per capita, PPP
Zambia
GDP per capita

GDP per capita, PPP
Year Current $
Samoa Zambia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 - - $221.6 -
1961 - - $209.7 -
1962 - - $202.3 -
1963 - - $203.2 -
1964 - - $230 -
1965 - - $287.4 -
1966 - - $325 -
1967 - - $341 -
1968 - - $387 -
1969 - - $459 -
1970 $322 - $414 -
1971 $377 - $372 -
1972 $433 - $410 -
1973 $563 - $518 -
1974 $626 - $601 -
1975 $610 - $490 -
1976 $541 - $533 -
1977 $615 - $474 -
1978 $671 - $514 -
1979 $751 - $595 -
1980 $765 - $669 -
1981 $713 - $670 -
1982 $728 - $627 -
1983 $671 - $520 -
1984 $655 - $413 -
1985 $573 - $332 -
1986 $604 - $238.2 -
1987 $666 - $315 -
1988 $790 - $504 -
1989 $728 - $526 -
1990 $744 $2,148 $422 $1,522
1991 $742 $2,166 $423 $1,534
1992 $777 $2,198 $389 $1,505
1993 $775 $2,323 $391 $1,607
1994 $1,277 $2,294 $426 $1,464
1995 $1,288 $2,478 $433 $1,501
1996 $1,419 $2,681 $400 $1,585
1997 $1,608 $2,722 $466 $1,631
1998 $1,506 $2,792 $373 $1,601
1999 $1,417 $2,871 $350 $1,654
2000 $1,425 $3,062 $359 $1,709
2001 $1,454 $3,335 $397 $1,785
2002 $1,528 $3,553 $394 $1,837
2003 $1,798 $3,792 $446 $1,942
2004 $2,189 $3,997 $549 $2,068
2005 $2,550 $4,379 $711 $2,213
2006 $2,663 $4,592 $1,052 $2,378
2007 $3,039 $4,713 $1,119 $2,555
2008 $3,374 $4,939 $1,376 $2,708
2009 $3,279 $4,906 $1,136 $2,872
2010 $3,524 $5,229 $1,451 $3,098
2011 $3,822 $5,494 $1,625 $3,228
2012 $3,935 $5,339 $1,710 $3,324
2013 $4,024 $5,387 $1,821 $3,477
2014 $3,983 $5,468 $1,707 $3,441
2015 $4,084 $5,682 $1,296 $3,337
2016 $4,147 $6,141 $1,239 $3,313
2017 $4,308 $6,280 $1,483 $3,392
2018 $4,232 $6,318 $1,464 $3,442
2019 $4,352 $6,638 $1,259 $3,361
2020 $4,100 $6,451 $952 $3,157
2021 $3,948 $6,214 $1,127 $3,503
2022 $3,869 $6,260 $1,447 $3,841
2023 $4,330 $7,037 $1,331 $4,077
2024 $4,899 $7,837 $1,235 $4,224

Spending and national debt comparison

In 2024, Samoa's government spending was $310M, accounting for 33.1% of its GDP, while Zambia's spent $6.71B, or 27.3% of GDP.

Debt-to-GDP ratio is 22.5% in Samoa and 99% in Zambia, ranking 172/185 and 25/185, respectively.

Samoa
Government spending

Government debt
Zambia
Government spending

Government debt
Year % of GDP
Samoa Zambia
Government spending Government debt Government spending Government debt
1992 43.4% - - -
1993 49.5% - - -
1994 54.1% - - -
1995 42.2% - - -
1996 38.9% - - -
1997 31% - - -
1998 28.1% 58.9% - -
1999 33.8% 59.4% - -
2000 30.4% 55.8% 21.4% 261%
2001 30% 53.8% 28% 210.2%
2002 30.7% 50.3% 27.6% 180.2%
2003 28.5% 42.8% 27.3% 159.5%
2004 27.3% 39.8% 23.3% 129.9%
2005 30.6% 34.2% 22.5% 75.7%
2006 27.7% 33.5% 19.7% 25%
2007 31.1% 31.5% 19.9% 21.9%
2008 27.7% 28.2% 19.5% 19.2%
2009 31.5% 33.3% 17.8% 20.5%
2010 29.4% 40.3% 18.1% 18.9%
2011 33.7% 41.5% 19.5% 20.8%
2012 33.6% 50.9% 21.9% 24.9%
2013 30.7% 54.1% 24% 25.9%
2014 35.3% 54.9% 24.3% 33.9%
2015 30.5% 56.4% 27.6% 61.9%
2016 27.3% 49% 23.9% 61.2%
2017 30.9% 46.7% 25% 66.6%
2018 30% 49.4% 27.7% 81.2%
2019 31.8% 44.3% 29.8% 103.3%
2020 30.5% 43.2% 34% 140%
2021 34.7% 46.3% 30.5% 111%
2022 33.2% 43.8% 28.2% 99.5%
2023 32.1% 35.4% 27.4% 129.1%
2024 29% 27.7% 25.5% 114.9%
2025 33.1% 22.5% 27.3% 99%

Government deficit by year

In 2024, Samoa's government surplus, the difference between spending and revenue, was $109M, equivalent to 10.2% of GDP. This compares to Zambia's deficit of -$874M, or -3.32% of GDP.

Over the past 25 years, Samoa recorded a fiscal deficit in 16 of those years, while Zambia ran a deficit in 23 years. On average, Samoa posted an annual deficit equal to -0.59% of GDP, compared to deficit of -4.15% of GDP for Zambia.

Deficit/surplus
Samoa

Zambia
Year Deficit/surplus, % of GDP
Samoa Zambia
1992 -9.89% -
1993 -13.2% -
1994 -9.51% -
1995 -5.82% -
1996 1.21% -
1997 1.92% -
1998 1.64% -
1999 0.27% -
2000 -0.62% 1.16%
2001 -1.96% -5.89%
2002 -1.77% -4.5%
2003 -0.51% -5.31%
2004 -0.74% -2.51%
2005 0.23% -2.37%
2006 -0.44% 16.9%
2007 0.55% -1.04%
2008 -0.36% -0.67%
2009 -2.98% -2.06%
2010 -5.49% -2.43%
2011 -5.25% -1.78%
2012 -7.43% -3.16%
2013 -3.82% -6.4%
2014 -5.38% -5.43%
2015 -3.79% -8.88%
2016 -0.35% -5.69%
2017 -1.98% -7.5%
2018 0.06% -8.31%
2019 1.51% -9.41%
2020 5.41% -13.8%
2021 1.74% -8.13%
2022 5.37% -7.82%
2023 3.01% -5.48%
2024 10.2% -3.32%
2025 -0.11% -4.92%

Inflation comparison by year

Over the past 29 years, Samoa has recorded an average annual inflation rate of 3.89%, compared with 15.2% in Zambia. In 2024, inflation was 2.17% in Samoa and 14.2% in Zambia.

Inflation
Samoa

Zambia
Year Inflation
Samoa Zambia Samoa Zambia
1996 5.37% 38.6%
1997 6.86% 21.4%
1998 2.22% 22.7%
1999 0.27% 23.9%
2000 0.97% 24.1%
2001 3.84% 21.4%
2002 8.05% 22.2%
2003 0.12% 21.4%
2004 16.3% 18%
2005 1.86% 18.3%
2006 3.7% 9%
2007 5.58% 10.7%
2008 11.6% 12.4%
2009 6.32% 13.4%
2010 0.78% 8.5%
2011 5.24% 8.7%
2012 2.05% 6.6%
2013 0.61% 7%
2014 -0.41% 7.8%
2015 0.72% 10.1%
2016 1.3% 17.9%
2017 1.75% 6.6%
2018 4.2% 7.5%
2019 0.98% 9.2%
2020 -1.57% 15.7%
2021 3.13% 22%
2022 11% 11%
2023 7.92% 10.9%
2024 2.17% 15%
2025 - 14.2%

Balance of trade

Samoa Zambia
Current account balance
$78.8M
2024
-$583M
2023
Current account balance ranking
68/189
2024
105/189
2023
Current account balance, % of GDP
+7.38%
2024
-2.11%
2023
Goods imports
$448M
2024
$9.15B
2023
Goods exports
$42.2M
2024
$10.5B
2023
Service imports
$128M
2024
$1.71B
2023
Service exports
$327M
2024
$933M
2023
Imports of goods and services, % of GDP
53.8%
2024
37.4%
2023
Exports of goods and services, % of GDP
29.3%
2024
40.8%
2023

Economic freedom indices

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

Samoa Zambia
Economic freedom 66.6 50.9
Economic freedom ranking 56/197 162/197
Property rights 76.1 45.8
Government integrity 60.3 36.7
Judicial effectiveness 77.7 45.3
Tax burden 79 74.7
Government spending 67.3 75
Fiscal health 97.8 0
Business freedom 63.5 45.9
Labor freedom 76.2 48.7
Monetary freedom 64.6 68.2
Trade freedom 67.2 65.8
Investment freedom 40 55
Financial freedom 30 50

Economic freedom by year comparison

The Economic Freedom Index for Samoa is 66.6, ranking 56/197, compared to 50.9 for Zambia, ranking 162/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Samoa
Zambia
Year Economic freedom index
Samoa Zambia
1995 - 55.1
1996 47.6 59.6
1997 51.5 62.1
1998 49.9 62.7
1999 58.7 64.2
2000 60.8 62.8
2001 63.1 59.5
2002 - 59.6
2003 - 55.3
2004 - 54.9
2005 - 55
2006 - 56.8
2007 - 56.2
2008 - 56.2
2009 59.5 56.6
2010 60.4 58
2011 60.6 59.7
2012 60.5 58.3
2013 57.1 58.7
2014 61.1 60.4
2015 61.9 58.7
2016 63.5 58.8
2017 58.4 55.8
2018 61.5 54.3
2019 62.2 53.6
2020 62.1 53.5
2021 61.9 50.4
2022 68.3 48.7
2023 68.3 47.8
2024 67.2 48.4
2025 66.6 50.9

More economic indicators

Samoa Zambia
Services, % of GDP
72.5%
2024
55.1%
2024
Industry, % of GDP
10.9%
2024
37.5%
2024
Agriculture, forestry, and fishing, % of GDP
11%
2024
1.8%
2024
GNI, Atlas method
$1.01B
2024
$27B
2024
GNI per capita, PPP
$7,720
2024
$3,950
2024
Total reserves including gold
$508M
2024
$4.09B
2024
Total reserves ranking
155/177
2024
106/177
2024
Net foreign direct investment
-$1.69M
2024
$31.1M
2023
Net inflows of foreign direct investment
$3.74M
2024
$1.24B
2024
Net outflows of foreign direct investment
$2.05M
2024
-$170M
2024
Servicing debt to the IMF, % of GNI
4.23%
2023
3.61%
2023
Poverty at national poverty lines
21.9%
2018
60%
2022
Gross capital formation, % of GDP
32.8%
2024
31.4%
2023

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.