Vanuatu vs Venezuela: Economic Indicators Comparison
Gross Domestic Product & Income
| Stat |  Vanuatu |  Venezuela |
|---|---|---|
| GDP | $914.3M | $482.4B |
| GDP growth, 1 year | 3.2% | -18% |
| GDP growth, 5-years average | 2.7% | -12.2% |
| Population | 276k | 28.5M |
| GDP per capita | $3.1k | $16k |
| GDP per capita growth | 0.67% | -18.17% |
| Purchasing Power Parity conversion factor | 106.84 | 5.57 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.97 | 0.89 |
| 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
| Stat | Vanuatu | Venezuela |
|---|---|---|
| Income Tax Rate | 0% | 34% |
| Corporate Tax Rate | 0% | 34% |
| Inflation, consumer prices | 2.8% | 929789.5% |
| Inflation, GDP deflator | 2.9% | 748.1% |
| Unemployment | 5.4% | 8.4% |
| Economic Freedom Index | 60.7 | 25.2 |
| Personal Freedom Index | 6.7 | 6.33 |
| Human Freedom Index | 6.7 | 5.27 |
| Property Rights Index | 68.3 | 10.1 |
| Judical Effectiveness Index | 36.1 | 12.6 |
| Business Freedom Index | 51.8 | 30.8 |
| Fiscal Health Index | 78.4 | 0 |
| Labor Freedom Index | 54.6 | 27.7 |
| Investment Freedom Index | 65 | 0 |
| Financial Freedom Index | 40 | 10 |
| Trade Freedom Index | 63.4 | 58 |
| Monetary Freedom Index | 74.6 | 0 |
| Government Spending Index | 61.1 | 66.3 |
| Tax Burden Index | 97.1 | 72.8 |
| Government Integrity Index | 37.4 | 14.6 |
| Corruption Perceptions Index | 46 | 18 |
| Life expectancy at birth, years | 70.2 | 72.2 |
| Suicide mortality rate, per 100,000 people | 4.5 | 3.7 |
| Mortality caused by road traffic injury, per 100,000 people | 15.9 | 33.7 |
| Intentional homicides, per 100,000 people | 2.1 | 56.3 |
| International tourism, number of arrivals | 116k | 427k |
Government debt & reserves
| Stat | Vanuatu | Venezuela |
|---|---|---|
| Central government debt, % of GDP | 50.5% | 175.6% |
| External debt stocks, % of GNI | 45.9% | 33.9% |
| External debt stocks | $402.2M | $154.9B |
| Short-term debt, % of total reserves | 10.7% | 421.1% |
| Total debt service, % of exports and primary income | 2.1% | 69% |
| Adjusted net savings including particulate emission damage, % of GNI | 20.8% | 7.2% |
| Gross savings, % of GDP | 31.8% | 8.9% |
| Gross capital formation, % of GDP | 26.4% | -3.7% |
| Total reserves including gold | $420.6M | $9.8B |
| Foreign direct investment net inflows | $37.6M | $956M |
Exports, imports and economic structure
| Stat | Vanuatu | Venezuela |
|---|---|---|
| Exports of goods and services, % of GDP | 48.6% | 30.7% |
| Imports of goods and services, % of GDP | 49.4% | 36.4% |
| Current account balance (balance of payments) | $85.4M | -$3.9B |
| Revenue excluding grants, % of GDP | 30.3% | N/A |
| Grants excluding technical cooperation, BoP | $57.9M | $125.8M |
| Personal remittances received | $35.2M | $297.1M |
| Industry including construction value added, % of GDP | 11.1% | 37.2% |
| Agriculture, forestry and fishing value added, % of GDP | 25.8% | 5% |
| Charges for the use of intellectual property, payments BoP | $543k | $258M |
| Charges for the use of intellectual property, receipts BoP | $718k | N/A |
| Expense, % of GDP | 25.6% | N/A |
| Government Expenditure, % of GDP | 36% | 33.5% |
