The Seychelles 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 the Seychelles ranked 180th with $1.6B. By GDP 5-years average growth and GDP per capita, Trinidad and Tobago and the Seychelles ranked 175th vs 45th and 53rd vs 55th, respectively.

Gross Domestic Product & Income

StatSeychellesTrinidad and Tobago
GDP$1.6B$23.8B
GDP growth, 1 year3.6%0.3%
GDP growth, 5-years average4.6%-1.5%
Population96k1.4M
GDP per capita$16k$17k
GDP per capita growth2.64%-0.66%
Purchasing Power Parity conversion factor7.483.62
Price level ratio of PPP conversion factor GDP to market exchange rate0.540.54
GDP per capita, PPP adjusted$31k$32k
GNI, Atlas method$1.5B$22.2B
GNI per capita$16k$16k
GNI, PPP adjusted$2.8B$43.1B
GNI per capita, PPP adjusted$29k$31k

Financial system and Human development

StatSeychellesTrinidad and Tobago
Income Tax Rate15%25%
Corporate Tax Rate33%25%
Inflation, consumer prices3.7%1.1%
Inflation, GDP deflator4.1%6.1%
Unemployment3%2.8%
Economic Freedom Index64.358.3
Personal Freedom Index7.176.88
Human Freedom Index7.146.81
Property Rights Index68.356.6
Judical Effectiveness Index46.442.1
Business Freedom Index65.367.3
Fiscal Health Index93.215.9
Labor Freedom Index62.876
Investment Freedom Index5560
Financial Freedom Index3050
Trade Freedom Index82.667.8
Monetary Freedom Index78.677.4
Government Spending Index58.966.5
Tax Burden Index76.882.6
Government Integrity Index53.337.4
Corruption Perceptions Index6641
Life expectancy at birth, years74.373.2
Suicide mortality rate, per 100,000 people9.313.6
Mortality caused by road traffic injury, per 100,000 people15.912.1
Intentional homicides, per 100,000 people12.730.9
International tourism, number of arrivals362k375k

Government debt & reserves

StatSeychellesTrinidad and Tobago
Central government debt, % of GDP58.2%45.3%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNIN/AN/A
Gross savings, % of GDP10.2%N/A
Gross capital formation, % of GDP32.5%N/A
Total reserves including gold$549.5M$8.1B
Foreign direct investment net inflows$43.9M-$602.5M

Exports, imports and economic structure

StatSeychellesTrinidad and Tobago
Exports of goods and services, % of GDP87%N/A
Imports of goods and services, % of GDP102.1%N/A
Current account balance (balance of payments)-$269.4M$1.2B
Revenue excluding grants, % of GDP36.4%38.4%
Grants excluding technical cooperation, BoP$13.8M$2.4M
Personal remittances received$22.7M$138.7M
Industry including construction value added, % of GDP10.9%42%
Agriculture, forestry and fishing value added, % of GDP2%1%
Charges for the use of intellectual property, payments BoP$2.2M$63.9M
Charges for the use of intellectual property, receipts BoP$1.4M$882k
Expense, % of GDP33.3%35.9%
Government Expenditure, % of GDP37%33.4%

Compare with countries close by GDP per capita

Seychelles vs

CountryGDP
per capita
Population
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Antigua and Barbuda
$17k
102k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k

Trinidad and Tobago vs

CountryGDP
per capita
Population
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Antigua and Barbuda
$17k
102k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M