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TOOL · GROSS COST

How much would a basic income cost in Samoa?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 132,754child population 83,909year 2023World Bank WDI

GROSS ANNUAL COST

1,677 million

in WSTWST 1,677,201,600

Equal to 58.6% of reference GDP

Population covered: 216,663 people

Adults: 132,754 × WST 800 × 12 = WST 1,274,438,400

Children: 83,909 × WST 400 × 12 = WST 402,763,200

WST 1,274,438,400 + WST 402,763,200 = WST 1,677,201,600

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $1,044,909,500 · World Bank WDI

Currency WST · exchange rate 2.7384 WST/USD (2023)

Converted cost $612,466,270 for the GDP share.