Samoa GDP Data & Country Report

Samoa Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Samoa; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION

Central bank

Central Bank of Samoa

International Reserves

US$ 209.445 million (Source: World Bank; Data updated: November 2010)

Gross Domestic Product - GDP

US$ 606 million (2009 estimate)

GDP (Purchasing Power Parity)

1.099 billion of International dollars (2009 estimate)

Real GDP growth

2000	2001	2002	2003	2004	2005	2006	2007
4.8%	8%	6.2%	3.8%	4.2%	7%	2.2%	2.3%
2008	2009	2010	2011*
5%	-5.1%	0%	2.8%

*Estimate

GDP per capita - current prices

N/A

GDP per capita - PPP

N/A

GDP (PPP) - share of world total

1980	1990	2000	2010	2015**
0%	0%	0%	0%	0%

**Forecast

GDP - composition by sector

agriculture: 11.7%
industry: 26.5%
services: 62% (2011 estimate)

(Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP)

N/A

(Data released on November 2010)

Inflation

2008	2009	2010	2011*
6.2%(2008)	14.4%	-0.2%	3%

*Estimate

Unemployment rate

2008	2009	2010	2011*
N/A	N/A	N/A(2009)	N/A

*Estimate

Household saving rates

N/A

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)

2007	2008	2009	2010	2011*
N/A	N/A	N/A	N/A	N/A

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)

2007	2008	2009	2010*	2011**
0.6%	-1.8%	-3.8%	-7.2%	-11.4%

*Estimate **Forecast

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Nov 2010)

Market value of publicly traded shares

2007	2008	2009
N/A	N/A	N/A

Largest companies in Samoa

N/A

DATA ON TRADE AND COMPETITIVENESS

Current account balance

US$ -0.1 billion (2009 estimate)(After 2008)

Current account balance by percentage of GDP

-13.1% of GDP (2009 estimate)(2009)

Exports as percent of GDP

(Exports of goods and services)

32.2% (2008)

(Data released on December 2010)

Shares in world total merchandising export

0%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export

0%(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exports

N/A

Export commodities

fish, coconut oil and cream, copra, taro, automotive parts, garments, beer

Total imports

US$324 million f.o.b. (2006)

Import commodities

machinery and equipment, industrial supplies, foodstuffs

Exports - major partners

Australia 48.1%, American Samoa 30%, Taiwan 8% (2007)

Imports - major partners

NZ 22.1%, Fiji 17.2%, Singapore 16.1%, Australia 7.9%, Japan 6.8%, Indonesia 5.4%, US 5.3% (2007)

FDI inflows

2008	2009	2010
US$17 million	US$1 million(2009)	US$2 million(2009)

FDI outflows

2008	2009	2010
US$0 million	US$0 million	US$0 million

Value of cross-border M&A, by country of purchaser

2008	2009	2010	2011
US$-324 million	N/A(2009)	US$95 million(2009)	N/A

Cross-border M&A deals worth over $3 billion completed in 2008

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 61 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 20 out of 183 countries(2009)

Registering property: 34 out of 183 countries

Paying Taxes: 68 out of 183 countries

Getting credit: 128 out of 183 countries

Protecting investors: 28 out of 183 countries

Trading across border: 94 out of 183 countries

Enforcing Contracts: 82 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)

N/A

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 84 Score: 60.6 (Moderately Free) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW

Time zone

UTC-11

Total area

2,831 km² (2006)

Capital

Apia (2009)

Currency

tala (SAT) (2009)

Government type

parliamentary democracy (2009)

Languages

Samoan (Polynesian), English

Religions

Congregationalist 34.8%, Roman Catholic 19.6%, Methodist 15%, Latter-Day Saints 12.7%, Assembly of God 6.6%, Seventh-Day Adventist 3.5%, Worship Centre 1.3%, other Christian 4.5%, other 1.9%, unspecified 0.1% (2001 census)

Total population

1980	1990	2000	2010*	2015**
0.16 million	0.16 million	0.18 million	0.18 million	0.19 million

*Estimate **Forecast

Urban population as % of total population

1960	1980	2000	2009
18.9%	21.2%	21.9%	23.2%

Population median age

20.0 years (2006)

Population growth rate

0% (2009)

Life expectancy

71 years (2007)

Adult literacy

99% (2000/2007)

% of population living on less than $2 a day

N/A

Inequality of wealth distribution (Gini index)

N/A

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:2
Civil Liberties:2 (2010)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

110.72% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

7% (Data were released in 2011 and refer to 2010)

Cost of living index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

CO2 emissions
(Metric tons of CO2 per capita)

0.9001 (2008)

GLOBAL FINANCE RANKINGS AND AWARDS

ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE

Samoa GDP Data & Country Report | Global Finance