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Samoa GDP and Economic Data

Country Report 2017 - Includes Samoa real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Samoa economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Samoa best banks and safest banks are also available.

 
 
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Central bank

Central Bank of Samoa

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International Reserves

USD 0.1 billion (2015)

International Monetary Fund (IMF), data retrieved January 2017

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Gross Domestic Product - GDP

USD 0.9 billion (2017, estimate)

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GDP (Purchasing Power Parity)

Intl$ 1.1 billion (2017, estimate)

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Real GDP growth
2006 2007 2008 2009 2010 2011 2012
1.9% 1.1% 2.9% -6.4% -1.5% 5.4% 0.4%
2013 2014 2015 2016* 2017*    
-1.9% 1.2% 1.6% 3% 1.5%    

*Estimate

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GDP per capita - current prices

USD 4,582.4 (2017, estimate)

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GDP per capita - PPP

Intl$ 5,524.1 (2017, estimate)

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GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0% 0% 0% 0% 0.001%

*Estimate

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GDP - composition by sector
  • agriculture: 10.7% 
  • industry: 24% 
  • services: 65.4%

(2016 estimate)

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

N/A

 

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Inflation
2013 2014 2015 2016* 2017*
0.6% -0.4% 0.9% 0.3% 1.0%

*Estimate

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Unemployment rate
2013 2014 2015 2016 2017
N/A N/A N/A N/A N/A

*Estimate

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Household saving rates

N/A

 

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Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
53.5% 54.4% 57.8% 59.2% 59.9%

*Estimate

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Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-3.8% -5.3% -3.9% -3.4% -2.1%

*Estimate 

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Government bond ratings

Standard & Poor's: N/A

Moody's: N/A

Standard & Poor's / Moody's (Updated January 2017)

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Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
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Largest companies

N/A

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Current account balance

USD -0.03 billion (2017 estimate)

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Current account balance by percentage of GDP

-3.0% (2017 estimate)

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Exports as percent of GDP (Exports of goods and services)

27.2% (2015)

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Shares in world total merchandising export

0.0% (2015)​

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Shares in world total commercial services export

0.004% (2014)

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Total exports

USD 24.0 million (2013 estimate)

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Export commodities

Fish, coconut oil and cream, nonu, copra, taro, automotive parts, garments, beer

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Total imports

USD 0.3 billion (2013 estimate)

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Import commodities

Machinery and equipment, industrial supplies, foodstuffs

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Exports - major partners

American Samoa 57.1%, Australia 17.2% (2015)

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Imports - major partners

Fiji 22.6%, NZ 18.8%, China 15.8%, South Korea 7.9%, Australia 6%, US 5.6%, Singapore 5.2% (2015)

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FDI inflows
2013 2014 2015
USD 14 million USD 23 million USD 16 million
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FDI outflows
2013 2014 2015
USD 0.1 million USD 4.4 million USD 2.0 million
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Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
N/A USD -14.1 million N/A UN/A
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Cross-border M&A deals worth over $3 billion completed in 2014

N/A

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

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Cross-border M&A deals worth over $3 billion completed in 2015

N/A

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

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Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 89 out of 190 countries (2017)

Subcategories:

Starting a business: 37 out of 190 countries

Enforcing Contracts: 67 out of 190 countries

Registering Property: 64 out of 190 countries

Getting Credit: 157 out of 190 countries

Protecting Minority Investors: 63 out of 190 countries

Trading Across Borders: 141 out of 190 countries

Paying Taxes: 71 out of 190 countries

Dealing with Construction Permits: 96 out of 190 countries

Getting Electricity: 59 out of 190 countries

Resolving Insolvency: 134 out of 190 countries

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Global competitiveness ranking

N/A

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Index of Economic Freedom

Ranking: 69 / Score: 63.54 (Moderately free) (2016)

(100=totally free 0=totally repressed)

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Time zone

UTC+13

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Total area

2,831 sq km

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Capital

Apia

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Currency

Tala (SAT)

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Government type

Parliamentary republic

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Languages

Samoan (Polynesian) (official), English

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Religions

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.)

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Total population
1990 2000 2010 2016* 2021*
N/A 0.175 million 0.186 million 0.195 million 0.202 million

*Estimate  

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Urban population as % of total population
1960 1980 2000 2015
19% 21% 22% 19%
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Population median age

23.9 years (2016 estimate)

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Population growth rate

0.59% (2016 estimate)

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Life expectancy

73.7 years (2016 estimate)

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Literacy

Total population: 99%
Male: 99.1%
Female: 98.8% (2015 est.)

(age 15 and over can read and write) 

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% of population living on less than $3.10 a day

N/A

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Inequality of wealth distribution (Gini index)

N/A

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Freedom House rating

Political Rights: 2
Civil Liberties: 2 (2017)                         

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

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Total telephone subscribers as % of population

Fixed 5.93%   Mobile 62.37% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)

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Internet users as % of total population

25.41% (2015)

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Mercer Cost of living index

N/A

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CO2 emissions

1.3 (2013)

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