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Samoa GDP and Economic Data

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.

List of countries in the regions listed in the regional table

Central and Eastern Europe Composed of 14 countries: Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Estonia, Hungary, Latvia, Lithuania, Former Yugoslav Republic of Macedonia, Montenegro, Poland, Romania, Serbia and Turkey.   Commonwealth of Independent States Composed of 11 CIS countries: Armenia, ...

 
 
Source
Central bank

Central Bank of Samoa

Source
International Reserves

USD 0.17 billion (2018)

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Gross Domestic Product - GDP

USD 0.9 billion (2018, estimate)

Source
GDP (Purchasing Power Parity)

Intl$ 1.2 billion (2018, estimate)

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Real GDP growth
2014 2015 2016 2017* 2018*
1.2% 1.7% 7.2% 2.7% 0.7%

*Estimate

Source
GDP per capita - current prices

USD 4,318.3 (2018, estimate)

Source
GDP per capita - PPP

Intl$ 5,889.7 (2018, estimate)

Source
GDP (PPP) - share of world total

0.0001% (2019)

Source
 
 
Source
GDP - composition by sector
  • agriculture: 10.4% 
  • industry: 23.6% 
  • services: 66%

(2016 estimate)

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

N/A

 

Source
Inflation
2014 2015 2016 2017* 2018*
1.9% 0.1% 1.3% 3.7% 2.9%

*Estimate

Source
Unemployment rate

N/A

Source
Household saving rates

N/A

 

Source
Public debt (General government gross debt as a % of GDP)
2014 2015 2016 2017* 2018*
57.8% 52.6% 49.1% 50.3% 49.3%

*Estimate

Source
Public deficit (General government net lending/borrowing as a % of GDP)
2014 2015 2016 2017* 2018*
-3.9% -0.4% -1.1% 0.1% -1.2%

*Estimate

Source
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

N/A

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Largest companies

N/A

Source
 
 
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Current account balance

USD 0.0 billion (2018 estimate)

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Current account balance by percentage of GDP

2.3 % (2018 estimate)

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

31% (2018)

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Shares in world total merchandising export

0.0002% (2018)

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Shares in world total commercial services export

0.005% (2017)

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Total exports

USD 281.1 million (2017)

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Export commodities

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

Source
Total imports

USD 410.9 million (2017 estimate)

Source
 
 
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Import commodities

Machinery and equipment, industrial supplies, foodstuffs

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Exports - major partners

Australia 22.9%, NZ 22.8%, American Samoa 22.1%, Afghanistan 14.9%, US 5.9% (2017)

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Imports - major partners

NZ 22%, Singapore 20.7%, US 12.5%, China 10.1%, Australia 8.6%, Fiji 5.2% (2017)

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FDI inflows
2016 2017 2018
USD 2.5 million USD 9.1 million USD 16.7 million
Source
FDI outflows
2016 2017 2018
USD 15.3 million USD 0.1 million USD 0.0 million
Source
Value of cross-border M&A, by country of purchaser
N/A
Source
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: 98 out of 190 countries (2019)

Subcategories:

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

Getting Credit: 119 out of 190 countries

Protecting Minority Investors: 128 out of 190 countries

Paying Taxes: 82 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

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Global competitiveness ranking

N/A

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Index of Economic Freedom

Ranking: 82 / Score: 62.2 (Moderately free) (2018)

(100=totally free 0=totally repressed)

Source
 
 
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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.)

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

*Estimate  

Source
 
 
Source
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)

Source
Literacy

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

(age 15 and over can read and write) 

Source
% of population living on less than $3.10 a day

N/A

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Inequality of wealth distribution (Gini index)

N/A

Source
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)

Source
Internet users as % of total population

25.41% (2015)

Source
Mercer Cost of living index

N/A

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CO2 emissions

1.3 (2013)

Source
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