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Indicators of economy in Samoa

The essential economic performance of a country is reflected by the gross domestic product, the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12,230 USD per capita. GDP in Samoa, on the other hand, reached USD 3,857 per capita, or 843.84 million USD for the whole country. Samoa is currently at number 199 among the international economies and is therefore one of the less significant. If this is calculated per inhabitant, taking purchasing power parity into account, then Samoa ranks 138th in the list of the richest countries.

Inflation in Samoa in 2021 was around 3.13%. Within the EU, the average in the same year was 2.55 percent. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 29.7 percent lower.
The index for perceived corruption in the public sector is 52, which is rather mediocre by global standards.


Back to overview: Samoa

Impact of the COVID-19 pandemic

Overall, the gross domestic product in Samoa in 2020 decreased moderatly from 912.94 million US dollars to 868.90 million US dollars. Certainly, there have been shifts in some sectors of the economy, but a drop of 4.8 percent is still comparatively good this year. Numerous countries suffered more substantial losses. The tourism sector alone slumped by around 89 percent. The unemployment rate rose from 8.4 to 9.1 percent. The inflation rate fell from 1.0 percent previously to -1.6 percent by the end of 2020.

Unemployment rates in percentages 1991 - 2021

Economic performance 2021

 Samoa
Total
Samoa
per capita
EU
Total
EU
per capita
GDP843.84 m USD3,857.32 USD17.177 tn USD33,384.92 USD
Gross national product834.06 m USD3,812.59 USD16.895 tn USD32,835.37 USD


Development of gross domestic product in millions of USD 1982 - 2021



Imports and Exports 2021

 Samoa
Total
Samoa
per capita
EU
Total
EU
per capita
Imports429.86 m USD1,964.95 USD8.916 tn USD17,329.02 USD
Exports97.77 m USD446.92 USD9.554 tn USD18,569.19 USD


Development of imports and exports in millions of USD 1977 - 2021

Exports
Imports



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Language: ChineseChinese - Worldwide distributionInternational distribution of mother tongue Chinese including regional allocations. Mainly in in China.