Trinidad and Tobago vs the Vatican City: Economic Indicators Comparison

Trinidad and Tobago with a GDP of $23.8B ranked the 113th largest economy in the world, while the Vatican City ranked 197th with $21.2M. By GDP per capita, Trinidad and Tobago and the Vatican City ranked 53rd vs 44th, respectively.

Gross Domestic Product & Income

StatTrinidad and TobagoVatican City
GDP$23.8B$21.2M
GDP growth, 1 year0.3%N/A
GDP growth, 5-years average-1.5%N/A
Population1.4M1k
GDP per capita$17k$21k
GDP per capita growth-0.66%N/A
Purchasing Power Parity conversion factor3.62N/A
Price level ratio of PPP conversion factor GDP to market exchange rate0.54N/A
GDP per capita, PPP adjusted$32k$30k
GNI, Atlas method$22.2BN/A
GNI per capita$16kN/A
GNI, PPP adjusted$43.1BN/A
GNI per capita, PPP adjusted$31kN/A

Financial system and Human development

StatTrinidad and TobagoVatican City
Income Tax Rate25%N/A
Corporate Tax Rate25%N/A
Inflation, consumer prices1.1%N/A
Inflation, GDP deflator6.1%N/A
Unemployment2.8%N/A
Economic Freedom Index58.365
Personal Freedom Index6.888.5
Human Freedom Index6.817.8
Property Rights Index56.6N/A
Judical Effectiveness Index42.1N/A
Business Freedom Index67.3N/A
Fiscal Health Index15.9N/A
Labor Freedom Index76N/A
Investment Freedom Index60N/A
Financial Freedom Index50N/A
Trade Freedom Index67.8N/A
Monetary Freedom Index77.4N/A
Government Spending Index66.5N/A
Tax Burden Index82.6N/A
Government Integrity Index37.4N/A
Corruption Perceptions Index4160
Life expectancy at birth, years73.277
Suicide mortality rate, per 100,000 people13.60.2
Mortality caused by road traffic injury, per 100,000 people12.10.5
Intentional homicides, per 100,000 people30.90
International tourism, number of arrivals375kN/A

Government debt & reserves

StatTrinidad and TobagoVatican City
Central government debt, % of GDP45.3%N/A
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 GDPN/AN/A
Gross capital formation, % of GDPN/AN/A
Total reserves including gold$8.1BN/A
Foreign direct investment net inflows-$602.5MN/A

Exports, imports and economic structure

StatTrinidad and TobagoVatican City
Exports of goods and services, % of GDPN/AN/A
Imports of goods and services, % of GDPN/AN/A
Current account balance (balance of payments)$1.2BN/A
Revenue excluding grants, % of GDP38.4%N/A
Grants excluding technical cooperation, BoP$2.4MN/A
Personal remittances received$138.7MN/A
Industry including construction value added, % of GDP42%N/A
Agriculture, forestry and fishing value added, % of GDP1%N/A
Charges for the use of intellectual property, payments BoP$63.9MN/A
Charges for the use of intellectual property, receipts BoP$882kN/A
Expense, % of GDP35.9%N/A
Government Expenditure, % of GDP33.4%N/A

Compare with countries close by GDP per capita

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
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
Seychelles
$16k
95.8k
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

Vatican City vs

CountryGDP
per capita
Population
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
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
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
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k