samoa gdp per capita by country

nuclear: Samoa gdp growth rate for 2020 was -3.11%, a 7.56% decline from 2019. The nominal increase was further amplified by higher oil and gas prices, and despite strong increases in outflows of primary income abroad, Guyanas nominal GNI jumped 86.2% leading to a 60.0% increase in Atlas GNI per capita. Direct access to our data from your apps using any programing language. Country. of countries by GDP (nominal) per capita )[11], Labor force by occupation:: Please check your download folder. [citation needed], Tourism numbers and revenue more than doubled in the decade 20072016. Advanced users can use our Python/R/Matlab packages. Thematic data tables from WDI. Samoa It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. There also has been a relative shift from Pacific markets to European ones, which now receive nearly 15% of Samoa's exports. Agriculture employs two-thirds of the labor force, and furnishes 9% of exports, featuring coconut cream, coconut oil and copra. Samoa GDP deregulation of the financial sector, encouragement of investment, and continued fiscal discipline. revenues: As a result, gross domestic product declined by nearly 50% from 1989 to 1991. WebGDP per capita (current US$) - Samoa from The World Bank: Data ), Electricity production by source: GDP per capita [a] For rankings regarding wealth, see list of countries by wealth per adult . 0% (2008), Electricity consumption: WebGDP growth (annual %) - American Samoa from The World Bank: Data. Economy of Samoa The GDP per Capita, in Samoa, when adjusted by Purchasing Power Parity is equivalent to 31 percent of the world's average. [citation needed], In the late 1960s, Potlatch Forests, Inc. (a US company), upgraded the harbour and airport at Asau on the northern coast of Savai'i and established a timber operation, Samoa Forest Products, for harvesting tropical hardwoods. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Samoa GDP )[11]agriculture: In addition to the expatriate community, Samoa also receives roughly $28 million annually in official development assistance from sources led by China, Japan, Australia, and New Zealand. Free and open access to global development data GDP per capita growth (annual %) Download. source: World Bank 10Y 25Y 50Y MAX Chart Compare Export API Embed Samoa GDP Samoa $6,300 (2019 est.) Samoa GDP Growth Rate 1983 Gross Domestic Product (GDP) of American Samoa Sources: World Bank - World Bank national accounts data, and OECD National Accounts data. CSV XML EXCEL. Method The gross domestic product (GDP) per capita figures on this page are derived from PPP calculations. Samoa GDP machinery and equipment, foodstuffs, Imports partners: WebIn 2019, the estimated average GDP per capita (PPP) of all of the countries of the world was Int$ 18,381. The Yazaki plant employed more than 2,000 workers and made up over 20% of the manufacturing sector's total output. Samoa gdp growth rate for 2019 was 4.45%, a 5.06% increase from 2018. Taro, a root crop, traditionally was Samoa's largest export, generating more than half of all export revenue in 1993. WebIncludes Samoa real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector. HCI and GDP Per Capita PPP (log scale, horizontal axis) Productivity relative to benchmark of complete education and full health. Samoa White label accounts can distribute our data. This site uses cookies to optimize functionality and give you the best possible experience. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Free and open access to global development data GDP per capita growth (annual %) Download. Samoa $110 million The GDP per capita PPP is obtained by dividing the countrys gross domestic product, adjusted by purchasing power parity, by the total population. Samoa gdp growth rate for 2019 was 4.45%, a 5.06% increase from 2018. GDP real growth rate: 2.5% (2017 est.) 1.3% (2017 est. Trade between the two countries is at an all-time high, yet signs point to decoupling. HCI and GDP Per Capita PPP (log scale, horizontal axis) Productivity relative to benchmark of complete education and full health. Aggregates are based on constant 2010 U.S. dollars. Male: 99.1% Standard users can export data in a easy to use web interface or using an excel add-in. Trading Economics welcomes candidates from around the world. More than 100,000 Samoans who live overseas provide two sources of revenue. )[11], GDP composition by sector: The following is a summary of the estimates of GDP by industry, by territory: In American Samoa, real GDP increased 5.0 percent in 2020. Data are in current U.S. dollars. [6], Until 2017 industry accounted for over one-quarter of GDP while employing less than 6% of the work force. The GDP-by-industry data reveal that both the government and private sector contributed to the 2020 growth. WebFor a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. highest 10%: WebStats Download The Gross Domestic Product (GDP) in Samoa was worth 0.84 billion US dollars in 2021, according to official data from the World Bank. If you continue to navigate this website beyond this page, cookies will be placed on your browser. American Samoa These three products, which combined to produce export revenue of less than $100,000 in 1993, now account for over $3.8 million. [10], The service sector accounts for more than half of GDP and employs approximately 30% of the labor force. $6,100 (2020 est.) Samoa GDP Per Capita World Bank national accounts data, and OECD National Accounts data files. Direct access to our data from your apps using any programing language. Net receipts amounted to between $1.5 million and $3.03 million annually, although shipments from Yazaki was counted as services (export processing) and therefore did not officially appear as merchandise exports. The nominal increase was further amplified by higher oil and gas prices, and despite strong increases in outflows of primary income abroad, Guyanas nominal GNI jumped 86.2% leading to a 60.0% increase in Atlas GNI per capita. But a fungal blight decimated the plants, and in each year since 1994 taro exports have accounted for less than 1% of export revenue. Country. WebHCI and GDP Per Capita PPP (log scale, horizontal axis) Productivity relative to benchmark of complete education and full health. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. purchasing power parity $5,700 (2017 est. $5,500 (2021 est.) American Samoa gdp for 2020 was $0.72B, a 10.66% increase from 2019. Method The gross domestic product (GDP) per capita figures on this page are derived from PPP calculations. Samoa GDP per capita Global Finance is a media partner of: For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. other: [9][pageneeded], Responding to the COVID-19 pandemic in 2020, Samoa banned all international flights, inbound and outbound. WebGDP per Capita in Samoa averaged 3273.09 USD from 1982 until 2021, reaching an all time high of 4421.35 USD in 2019 and a record low of 2344.57 USD in 1982. 23.6% 150 GWh (2008), Agriculture products: The GDP-by-industry data reveal that both the government and private sector contributed to the 2020 growth. WebGross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Global Finance editor Andrea Fiano interviews sgeir Jnsson, Central Bank Governor of Iceland during Global Finance's World's Best Bank Awards at the National Press Club in Washington, DC on October 15th. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Please help update this article to reflect recent events or newly available information. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. 66%, Household income or consumption by percentage share: $6,100 (2020 est.) Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. Its main imports are food and beverages, industrial supplies, and fuels. American Samoa gdp for 2021 was $0.71B, a 0.98% decline from 2020. Most Recent Value. To learn more about cookies, click here. One-third came from American Samoa, 28% from New Zealand, and 11% from the United States. [a] For rankings regarding wealth, see list of countries by wealth per adult . List of countries by GDP (PPP) per capita If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. GDP composition by sector: (2017 est.) )[11], GDP real growth rate: [3] The Samoan Government has called for[when?] The Human Capital Index (HCI) database provides data at the country level for each of the components of the Human Capital Index as well as for the overall index, disaggregated by gender. industry: Please check your download folder. Samoa gdp growth rate for 2020 was -3.11%, a 7.56% decline from 2019. source: World Bank 10Y 25Y 50Y MAX Chart Compare Export API Embed Economic reforms were stepped up, including the liberalization of exchange controls. Thematic data tables from WDI. [citation needed], In addition to smaller productions of other agricultural products. The GDP value of Samoa represents less than 0.01 percent of the world economy. Forced to look for alternatives to taro, Samoa's exporters have dramatically increased the production of copra, coconut oil, and fish. [citation needed], Samoa annually receives important financial assistance from abroad. Australia, New Zealand, Japan, Fiji, United States, Debt external: GDP real growth rate: 2.5% (2017 est.) Countries WebHCI and GDP Per Capita PPP (log scale, horizontal axis) Productivity relative to benchmark of complete education and full health. Selected Countries and Economies. GDP composition by sector: (2017 est.) The GDP per Capita, in Samoa, when adjusted by Purchasing Power Parity is equivalent to 31 percent of the world's average. Commonwealth of Independent States Composed of 11 CIS countries: Armenia, Standard & Poor's / Moody's (Updated January 2017), Fish, coconut oil and cream, nonu, copra, taro, automotive parts, garments, beer, Machinery and equipment, industrial supplies, foodstuffs, Australia 22.9%, NZ 22.8%, American Samoa 22.1%, Afghanistan 14.9%, US 5.9%(2017), NZ 22%, Singapore 20.7%, US 12.5%, China 10.1%, Australia 8.6%, Fiji 5.2%(2017), (for a monthly update on M&A; click here ). note: data are in 2017 dollars. Annual percentage growth rate of GDP at market prices based on constant local currency. List of countries by GDP (PPP) per capita Samoa Standard users can export data in a easy to use web interface or using an excel add-in. List of countries by GDP Gross Domestic Product (GDP) of American Samoa Sources: World Bank - World Bank national accounts data, and OECD National Accounts data. ), Political Rights: 2 country WebIncludes Samoa real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector. Classeditori, Gross domestic expenditure on R&D; (% of GDP), Public debt (General government gross debt as a % of GDP), Public deficit (General government net lending/borrowing as a % of GDP), Current account balance by percentage of GDP, Exports as percent of GDP (Exports of goods and services), Shares in world total merchandising export, Shares in world total commercial services export, Value of cross-border M&A, by country of purchaser, Cross-border M&A deals worth over $3 billion completed in 2014, Cross-border M&A deals worth over $3 billion completed in 2015, Urban population as % of total population, % of population living on less than $3.10 a day, Inequality of wealth distribution (Gini index), Total telephone subscribers as % of population, Sustainable Finance Awards 2023: Global Winners, World's Most Peaceful Country 2023 Global Peace Index, In Conversation with sgeir Jnsson | Central Bank of Iceland, List of countries in the regions listed in the regional table, Related Archival Articles & Country Reports, CIA World Factbook / GDP - composition by sector, World Trade Organization / World Trade Statistical Review, CIA World Factbook / Exports - major partners, CIA World Factbook / Imports - major partners, United Nations Conference on Trade and Development (UNCTAD) - World Investment Report, World Economic Forum / Global competitiveness ranking, CIA World Factbook / Population median age, CIA World Factbook / Population growth rate, Global Economic Indicators: Key Sources and Links, View all Samoa GDP and Economic Data content. (fixed-telephone subscribers and mobile-cellular subscribers). GDP per capita: purchasing power parity $5,700 (2017 est.) Please check your download folder. tourism, food processing, auto parts, building materials, Industrial production growth rate: Samoa GDP WebGDP per capita, PPP (current international $) - Samoa | Data. country comparison to the world: 171 If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. [citation needed], In 1972 more than 85,000 visitors arrived in Samoa, contributing over $12 million to the local economy. ), Economic aid recipient: agriculture: 10.4% industry: 23.6% services: 66% Population below poverty line: NA% WebNon-sovereign entities (the world, continents, and some dependent territories) and states with limited international recognition (such as Kosovo, Palestine, and Taiwan) are included in the list in cases in which they appear in the sources. expenditures: (2018, February 01)", https://www.cia.gov/the-world-factbook/countries/samoa/, Trade-Related Aspects of Intellectual Property Rights, Special administrative regions of the People's Republic of China, Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu, https://en.wikipedia.org/w/index.php?title=Economy_of_Samoa&oldid=1095965814, Short description is different from Wikidata, All articles with vague or ambiguous time, Articles with unsourced statements from March 2021, Wikipedia articles in need of updating from March 2021, All Wikipedia articles in need of updating, Articles with unsourced statements from October 2020, Wikipedia articles needing page number citations from October 2020, Creative Commons Attribution-ShareAlike License 4.0, Officially the Republic of China, participates as ", This page was last edited on 1 July 2022, at 13:19. WebReal GDP (constant, inflation adjusted) of Samoa reached $758,305,684 in 2017. coconut oil and cream, copra, fish, beer, Exports partners: The proposed blast-freezer operations in Asau were expected to bring this village back to life. [citation needed], Two major cyclones hit Samoa at the beginning of the 1990s. (2015 est. [citation needed], Further economic problems occurred in 1994 with an outbreak of taro leaf blight and the near collapse of the national airline Polynesian Airlines. Global Finance Magazine. The largest industrial venture was Yazaki Samoa, a Japanese-owned company processing automotive wire harnesses for export to Australia under a concessional market-access arrangement. Samoa gdp growth rate for 2021 was -7.08%, a 3.98% decline from 2020. lowest 10%: agriculture: 10.4% industry: 23.6% services: 66% Population below poverty line: NA% The primary sector (agriculture, forestry, and fishing) employs nearly two-thirds of the labor force and produces 17% of GDP. Samoa's principal exports are refined petroleum, fish, and coconut products. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. WebIt is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. American Samoa gdp for 2020 was $0.72B, a 10.66% increase from 2019. $6,300 (2019 est.) source: World Bank 10Y 25Y 50Y MAX Chart Compare Export API Embed Samoa GDP GDP per capita, PPP (current international $) - Samoa GDP growth (annual %) - American Samoa WebThe Gross Domestic Product per capita in Samoa was last recorded at 5534.13 US dollars in 2021, when adjusted by purchasing power parity (PPP). Polynesian Airlines reached a financial crisis in 1994, which disrupted the tourist industry and eventually required a government bailout. Female: 98.8% (2015 est. Please check your download folder. ), Total population: 99% American Samoa Global Finance presents this years best sustainable finance global winners. WebGDP per Capita in American Samoa (with a population of 55,620 people in 2017) was $9,094, a decrease of $496 from $9,590 in 2016; this represents a change of -5.2% in GDP per capita. 2023 Data - 2024 Forecast - 1990-2022 Historical - Chart, Samoa Personal Income Tax Rate at 27.00 percent, Deposit Interest Rate in Samoa at 1.80 percent, South Korea Trade Surplus Smaller than Expected, South Korea Imports Fall More than Estimated, Argentina Economic Activity Shrinks More than Estimates, Trinidad and Tobago Keeps Interest Rate Steady at 3.5%. GDP per capita CSV XML EXCEL. If you continue to navigate this website beyond this page, cookies will be placed on your browser. Samoa WebReal GDP (constant, inflation adjusted) of Samoa reached $758,305,684 in 2017. Cyclone Ofa left an estimated 10,000 islanders homeless in February 1990; Cyclone Val caused 13 deaths and hundreds of millions of dollars in damage in December 1991. Advanced users can use our Python/R/Matlab packages. Samoa tala (WS$) per US$1 3.0460 (January 2000), 3.0120 (1999), 2.9429 (1998), 2.5562 (1997), 2.4618 (1996), 2.4722 (1995). WebResearch Database on Infrastructure Economic Performance 1980-2004. Rankings of Samoa best banks and safest banks are also available. Tourism is an expanding sector; more than 70,000 tourists visited the islands in 1996 and 120,000 in 2014. GDP per capita: purchasing power parity $5,700 (2017 est.) Long-run development depends upon upgrading the tourist infrastructure, attracting foreign investment, and further diversification of the economy. (2017 est. Most Recent Year. Samoa received 122,000 visitors in 2007 and 145,176 visitors in 2016. $5,500 (2021 est.) Countries The Trading Economics Application Programming Interface (API) provides direct access to our data. 5,3% (2010 est. American Samoa, Australia, New Zealand, United States, Germany, Imports commodities: [citation needed], New Zealand is Samoa's principal trading partner, typically providing between 35% and 40% of imports and purchasing 45%50% of exports. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. Samoa GDP [4], Fishing has had some success in Samoan waters, but the biggest fisheries industry (headed by Van Camp and StarKist) has been based in American Samoa. All Countries [8], The effects of three natural disasters in the early 1990s were overcome by the middle of the decade, but economic growth cooled again with the regional economic downturn. GDP per capita, PPP (current international $), GDP per capita, PPP (constant 2017 international $), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. WebStats Download The Gross Domestic Product (GDP) in Samoa was worth 0.84 billion US dollars in 2021, according to official data from the World Bank. source: World Bank 10Y 25Y 50Y MAX Chart Compare Export API Embed Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. WebFor a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. We have a plan for your needs. WebResearch Database on Infrastructure Economic Performance 1980-2004. WebGdp: purchasing power parity US$1.137 billion (2017 est.) 65% We have a plan for your needs. All Countries WebGDP per capita (current US$) - Samoa from The World Bank: Data Free and open access to global development data. Global news and insight for corporate financial professionals. Here are the top 10 countries with the highest nominal GDP per capita in the world in 2023, measured in U.S. dollars: Luxembourg, Ireland, and Norway lead the ranking with more than $100,000 in GDP per capita. Real GDP per capita. hydro: 29%, Budget: American Samoa GDP Copyright 2014 Australia, American Samoa, the United States, and Fiji are also important trading partners. Samoa [citation needed], Gdp: GDP growth rebounded to over 6% in both 1995 and 1996 before slowing again at the end of the decade. DataBank. $24.3 million (2010), Exchange rates: The Human Capital Index (HCI) database provides data at the country level for each of the components of the Human Capital Index as well as for the overall index, disaggregated by gender. GDP per capita, PPP (current international $) - Samoa from The World Bank: Data. The gross domestic product per capita in Samoa was forecast to continuously increase between 2023 and 2028 by in total 1,080.5 U.S. dollars (+24.35 percent). WebGdp: purchasing power parity US$1.137 billion (2017 est.) [citation needed], The collapse of taro exports in 1994 has had the unintended effect of modestly diversifying Samoa's export products and markets. coconuts, bananas, taro, yams, coffee, cocoa, Exports commodities: Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. services: Samoa International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme. Real GDP per capita. 0% Prior to the taro leaf blight, Samoa's exports consisted of taro ($1.1 million), coconut cream ($540,000), and "other" ($350,000). WebSamoa. services: The country is vulnerable to devastating storms. Overall ranking: 98 out of 190 countries (2019), Starting a Business: 46 out of 190 countries, Dealing with Construction Permits: 94 out of 190 countries, Getting Electricity: 71 out of 190 countries, Registering Property: 68 out of 190 countries, Protecting Minority Investors: 128 out of 190 countries, Trading across Borders: 154 out of 190 countries, Enforcing Contracts: 86 out of 190 countries, Resolving Insolvency: 140 out of 190 countries, Ranking: 82 / Score: 62.2 (Moderately free) (2018), Protestant 57.4% (Congregationalist 31.8%, Methodist 13.7%, Assembly of God 8%, Seventh-Day Adventist 3.9%), Roman Catholic 19.4%, Mormon 15.2%, Worship Centre 1.7%, other Christian 5.5%, other 0.7%, none 0.1%, unspecified 0.1% (2011 est. GDP per capita, PPP (current international $) - Samoa List of countries by GDP American Samoa GDP Samoa Outside a large automotive wire harness factory, the manufacturing sector mainly processes agricultural products. In the past 15 years, global peacefulness has fallen by more than 3%. industry: 60% WebThe Gross Domestic Product per capita in Samoa was last recorded at 5534.13 US dollars in 2021, when adjusted by purchasing power parity (PPP). Free and open access to global development data. WebGDP per Capita in Samoa averaged 3273.09 USD from 1982 until 2021, reaching an all time high of 4421.35 USD in 2019 and a record low of 2344.57 USD in 1982. GDP per capita, PPP (constant 2017 international $), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. WebGDP per Capita in American Samoa (with a population of 55,620 people in 2017) was $9,094, a decrease of $496 from $9,590 in 2016; this represents a change of -5.2% in GDP per capita. Observers point to the flexibility of the labor market as a basic strength factor for future economic advances. To learn more about cookies, click here. These economies are not ranked in the charts here, but are listed in sequence by GDP for comparison. The economy of Samoa is dependent on agricultural exports, development aid and private financing from overseas. These three sources of revenuetourism, private transfers, and official transfersallow Samoa to cover its persistently large trade deficit.

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