Vanuatu vs Venezuela: Economic Indicators Comparison

Venezuela with a GDP of $482.4B ranked the 27th largest economy in the world, while Vanuatu ranked 186th with $914.3M. By GDP 5-years average growth and GDP per capita, Venezuela and Vanuatu ranked 181st vs 107th and 58th vs 133rd, respectively.

Gross Domestic Product & Income

StatVanuatuVenezuela
GDP$914.3M$482.4B
GDP growth, 1 year3.2%-18%
GDP growth, 5-years average2.7%-12.2%
Population276k28.5M
GDP per capita$3.1k$16k
GDP per capita growth0.67%-18.17%
Purchasing Power Parity conversion factor106.845.57
Price level ratio of PPP conversion factor GDP to market exchange rate0.970.89
GDP per capita, PPP adjusted$2.9k$8.8k
GNI, Atlas method$915.5M$392.9B
GNI per capita$3.1k$13k
GNI, PPP adjusted$951.3M$352.8B
GNI per capita, PPP adjusted$3.3k$12k

Financial system and Human development

StatVanuatuVenezuela
Income Tax Rate0%34%
Corporate Tax Rate0%34%
Inflation, consumer prices2.8%929789.5%
Inflation, GDP deflator2.9%748.1%
Unemployment5.4%8.4%
Economic Freedom Index60.725.2
Personal Freedom Index6.76.33
Human Freedom Index6.75.27
Property Rights Index68.310.1
Judical Effectiveness Index36.112.6
Business Freedom Index51.830.8
Fiscal Health Index78.40
Labor Freedom Index54.627.7
Investment Freedom Index650
Financial Freedom Index4010
Trade Freedom Index63.458
Monetary Freedom Index74.60
Government Spending Index61.166.3
Tax Burden Index97.172.8
Government Integrity Index37.414.6
Corruption Perceptions Index4618
Life expectancy at birth, years70.272.2
Suicide mortality rate, per 100,000 people4.53.7
Mortality caused by road traffic injury, per 100,000 people15.933.7
Intentional homicides, per 100,000 people2.156.3
International tourism, number of arrivals116k427k

Government debt & reserves

StatVanuatuVenezuela
Central government debt, % of GDP50.5%175.6%
External debt stocks, % of GNI45.9%33.9%
External debt stocks$402.2M$154.9B
Short-term debt, % of total reserves10.7%421.1%
Total debt service, % of exports and primary income2.1%69%
Adjusted net savings including particulate emission damage, % of GNI20.8%7.2%
Gross savings, % of GDP31.8%8.9%
Gross capital formation, % of GDP26.4%-3.7%
Total reserves including gold$420.6M$9.8B
Foreign direct investment net inflows$37.6M$956M

Exports, imports and economic structure

StatVanuatuVenezuela
Exports of goods and services, % of GDP48.6%30.7%
Imports of goods and services, % of GDP49.4%36.4%
Current account balance (balance of payments)$85.4M-$3.9B
Revenue excluding grants, % of GDP30.3%N/A
Grants excluding technical cooperation, BoP$57.9M$125.8M
Personal remittances received$35.2M$297.1M
Industry including construction value added, % of GDP11.1%37.2%
Agriculture, forestry and fishing value added, % of GDP25.8%5%
Charges for the use of intellectual property, payments BoP$543k$258M
Charges for the use of intellectual property, receipts BoP$718kN/A
Expense, % of GDP25.6%N/A
Government Expenditure, % of GDP36%33.5%

Compare with countries close by GDP per capita

Vanuatu vs

CountryGDP
per capita
Population
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M

Venezuela vs

CountryGDP
per capita
Population
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
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
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
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M