The United States vs Vanuatu: Economic Indicators Comparison
The United States with a GDP of $20.5T ranked the 1st largest economy in the world, while Vanuatu ranked 186th with $914.3M. By GDP 5-years average growth and GDP per capita, the United States and Vanuatu ranked 113th vs 107th and 11th vs 133rd, respectively.
Gross Domestic Product & Income
Stat | United States | Vanuatu |
---|---|---|
GDP | $20.5T | $914.3M |
GDP growth, 1 year | 2.9% | 3.2% |
GDP growth, 5-years average | 2.4% | 2.7% |
Population | 325.1M | 276k |
GDP per capita | $63k | $3.1k |
GDP per capita growth | 2.29% | 0.67% |
Purchasing Power Parity conversion factor | 1 | 106.84 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 1 | 0.97 |
GDP per capita, PPP adjusted | $63k | $2.9k |
GNI, Atlas method | $20.6T | $915.5M |
GNI per capita | $63k | $3.1k |
GNI, PPP adjusted | $20.8T | $951.3M |
GNI per capita, PPP adjusted | $64k | $3.3k |
Financial system and Human development
Stat | United States | Vanuatu |
---|---|---|
Income Tax Rate | 37% | 0% |
Corporate Tax Rate | 21% | 0% |
Inflation, consumer prices | 2.4% | 2.8% |
Inflation, GDP deflator | 2.4% | 2.9% |
Unemployment | 3.9% | 5.4% |
Economic Freedom Index | 76.6 | 60.7 |
Personal Freedom Index | 8.55 | 6.7 |
Human Freedom Index | 8.39 | 6.7 |
Property Rights Index | 81.8 | 68.3 |
Judical Effectiveness Index | 83.7 | 36.1 |
Business Freedom Index | 83.3 | 51.8 |
Fiscal Health Index | 54.3 | 78.4 |
Labor Freedom Index | 87.9 | 54.6 |
Investment Freedom Index | 85 | 65 |
Financial Freedom Index | 80 | 40 |
Trade Freedom Index | 79.8 | 63.4 |
Monetary Freedom Index | 75.5 | 74.6 |
Government Spending Index | 56.5 | 61.1 |
Tax Burden Index | 74.6 | 97.1 |
Government Integrity Index | 77.2 | 37.4 |
Corruption Perceptions Index | 71 | 46 |
Life expectancy at birth, years | 78.5 | 70.2 |
Suicide mortality rate, per 100,000 people | 15.3 | 4.5 |
Mortality caused by road traffic injury, per 100,000 people | 12.4 | 15.9 |
Intentional homicides, per 100,000 people | 5.3 | 2.1 |
International tourism, number of arrivals | 79.7M | 116k |
Government debt & reserves
Stat | United States | Vanuatu |
---|---|---|
Central government debt, % of GDP | 105.8% | 50.5% |
External debt stocks, % of GNI | N/A | 45.9% |
External debt stocks | N/A | $402.2M |
Short-term debt, % of total reserves | N/A | 10.7% |
Total debt service, % of exports and primary income | N/A | 2.1% |
Adjusted net savings including particulate emission damage, % of GNI | 6.1% | 20.8% |
Gross savings, % of GDP | 18.6% | 31.8% |
Gross capital formation, % of GDP | 21% | 26.4% |
Total reserves including gold | $449.9B | $420.6M |
Foreign direct investment net inflows | $258.4B | $37.6M |
Exports, imports and economic structure
Stat | United States | Vanuatu |
---|---|---|
Exports of goods and services, % of GDP | 12.2% | 48.6% |
Imports of goods and services, % of GDP | 15.3% | 49.4% |
Current account balance (balance of payments) | -$491B | $85.4M |
Revenue excluding grants, % of GDP | 17.2% | 30.3% |
Grants excluding technical cooperation, BoP | N/A | $57.9M |
Personal remittances received | $6.7B | $35.2M |
Industry including construction value added, % of GDP | 18.2% | 11.1% |
Agriculture, forestry and fishing value added, % of GDP | 0.9% | 25.8% |
Charges for the use of intellectual property, payments BoP | $56.1B | $543k |
Charges for the use of intellectual property, receipts BoP | $128.7B | $718k |
Expense, % of GDP | 22.4% | 25.6% |
Government Expenditure, % of GDP | 38.1% | 36% |