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ECON FACTBOOK

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Economy of Samoa

Population: 190 thousand in 20131

GDP: $694 million in 20132

GDP per capita: $4,212 nominal3 ($5,054 PPP4) in 2013

GDP growth rate: -1.1% in 20135

Industries

GDP by Industry 20126

Industry sectorValue added ($ millions) 2012Percent of total
Other activities17525.8%
Wholesale, retail trade, restaurants and hotels16123.8%
Construction9914.6%
Transport, storage and communication8612.7%
Agriculture, hunting, forestry, fishing6810.0%
Manufacturing558.1%
Mining and utilities345.0%
Total value added677100%

Employment

Unemployment rate: N/A

Employment by Industry 7

Employment sectorPercent of total
Agriculture65%
Industry and services35%
Total100%

Corporations

Top 10 Corporations by Revenue 20138

N/A

Households

Household Wealth: $3 billion (468% of GDP) in 20149

Household Wealth per Adult: $37,516 in 20149

Gini Coefficient: N/A

Government

Central Government

Central Government Revenue: $216 million (31% of GDP) in 201310

Central Government Expenditure: $258 million (37% of GDP) in 201310

Central Government Budget Balance: -$42 million (-6% of GDP) in 201310

Central Government Public Debt: N/A

Central Government 10 Year Bond Interest Rate: N/A

Government Funds

N/A

Tax Structure

Individual Income Tax Rates and Thresholds: N/A

Corporate Tax Rate: N/A

Monetary Policy

Money Supply (M1): $96 million (14% of GDP) in Dec 2013* 11

Benchmark Interest Rate: N/A

Total Reserves: $170 million (24% of GDP) in 201312

Exchange Rate: 2.54 Samoan Tala = 1 U.S. Dollar on Feb 24, 201513

Inflation: 0.6% in 201314

* Money supply calculated using the exchange rate 2.54 WST = 1 USD

Financial Institutions

Top 10 Financial Institutions by Assets 201315

N/A (data not available at Relbanks.com)

International Accounts

Exports: $11 billion (2% of GDP) in 201316

Imports: $318 million (46% of GDP) in 201316

Trade Balance: -$307 million (-44% of GDP) in 201316

Foreign Direct Investment Inflow: $24 million (4% of GDP) in 201317

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: $121 million (17% of GDP) in 201218

Foreign Aid Outflow: N/A

References

1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: CIA World Factbook (Employment by economic activity) Go back
8. Source: Annual reports (Corporate data) Go back
9. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
10. Source: CIA World Factbook (Government budget) Go back
11. Source: Central Bank of Samoa, Statistics, Quarterly Bulletin, Money and Banking, (Money supply) Go back
12. Source: World Bank Indicators (Total reserves) Go back
13. Source: xe.com (Exchange rate) Go back
14. Source: World Bank Indicators (Inflation rate) Go back
15. Source: Relbanks.com (Financial institutions by assets) Go back
16. Source: CIA World Factbook (Trade data) Go back
17. Source: World Bank Indicators (FDI data) Go back
18. Source: World Bank Indicators (Aid data) Go back