Samoa: 2007 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion for Samoa
IMF Staff Country Reports, June 1, 2007
Source details
- Canonical URL
- Samoa: 2007 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion for Samoa
Other formats
Bibliographic details
- Published: June 1, 2007
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451840742.002
Key findings
- Real per capita GDP in Samoa has increased by more than 3 percent per year on average.
- External public debt has fallen below 40 percent of GDP.
- The external position benefited from the rapid growth of remittances and tourism receipts.
- Executive Directors have congratulated the authorities on Samoa’s impressive growth performance and economic transformation over the past decade.
- Samoa is now set to graduate from least developed country status.
Economic transformation and drivers
- Growth:
- Real per capita GDP growth: "more than 3 percent per year on average".
- External sector:
- External public debt: "below 40 percent of GDP".
- Key external inflows supporting the position: remittances and tourism receipts (described as "rapid growth").
- Structural outcome:
- Economic transformation over the last decade and a half leading to graduation from least developed country status.
Analytical focus areas (as classified in the report)
- Credit
- Economic sectors
- External debt
- Imports
- International trade
- Money
- Public debt
- Tourism
Report identifiers and classification
- Series: Country Report No. 2007/185
- Issue: 185
- Volume: 2007
- Pages: 46
- DOI: https://doi.org/10.5089/9781451840742.002
- ISBN: 9781451840742
- ISSN: 1934-7685
- Subject keywords highlighted in the source: annex, basket peg exchange rate regime, CR, Credit, credit growth, headline inflation, IMF staff estimate, Imports, ISCR, less developed country, Pacific Islands, regime, Samoan authorities, Tourism, U.S. dollar
Source: Samoa: 2007 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion for Samoa (June 1, 2007).