Albania vs Tuvalu: Economic Indicators Comparison

Albania with a GDP of $15.1B ranked the 123rd largest economy in the world, while Tuvalu ranked 196th with $42.6M. By GDP per capita, Albania and Tuvalu ranked 107th vs 124th, respectively.

Gross Domestic Product & Income

Stat	Albania	Tuvalu
GDP	$15.1B	$42.6M
GDP growth, 1 year	4.2%	2.5%
GDP growth, 5-years average	3.1%	N/A
Population	3M	11k
GDP per capita	$5.3k	$3.7k
GDP per capita growth	4.4%	1.27%
Purchasing Power Parity conversion factor	42.57	1.22
Price level ratio of PPP conversion factor GDP to market exchange rate	0.39	0.91
GDP per capita, PPP adjusted	$13k	$4k
GNI, Atlas method	$13.9B	$62.5M
GNI per capita	$4.9k	$5.4k
GNI, PPP adjusted	$38.3B	$70.2M
GNI per capita, PPP adjusted	$13k	$6.1k

Financial system and Human development

Stat	Albania	Tuvalu
Income Tax Rate	23%	N/A
Corporate Tax Rate	15%	N/A
Inflation, consumer prices	2%	N/A
Inflation, GDP deflator	0.9%	4.9%
Unemployment	13.9%	8.5%
Economic Freedom Index	66.9	60
Personal Freedom Index	8.07	6.2
Human Freedom Index	7.68	6.1
Property Rights Index	57.1	N/A
Judical Effectiveness Index	33	N/A
Business Freedom Index	65.7	N/A
Fiscal Health Index	86.3	N/A
Labor Freedom Index	52.1	N/A
Investment Freedom Index	70	N/A
Financial Freedom Index	70	N/A
Trade Freedom Index	88.4	N/A
Monetary Freedom Index	81.2	N/A
Government Spending Index	74.6	N/A
Tax Burden Index	85.9	N/A
Government Integrity Index	38.8	N/A
Corruption Perceptions Index	36	48
Life expectancy at birth, years	78.3	66
Suicide mortality rate, per 100,000 people	6.3	1
Mortality caused by road traffic injury, per 100,000 people	13.6	0.2
Intentional homicides, per 100,000 people	2.3	18.7
International tourism, number of arrivals	5.3M	2.7k

Government debt & reserves

Stat	Albania	Tuvalu
Central government debt, % of GDP	68.6%	N/A
External debt stocks, % of GNI	67.2%	N/A
External debt stocks	$10.1B	N/A
Short-term debt, % of total reserves	55.6%	N/A
Total debt service, % of exports and primary income	20.7%	N/A
Adjusted net savings including particulate emission damage, % of GNI	8.2%	N/A
Gross savings, % of GDP	16.2%	N/A
Gross capital formation, % of GDP	25%	N/A
Total reserves including gold	$3.9B	N/A
Foreign direct investment net inflows	$1.2B	$299k

Exports, imports and economic structure

Stat	Albania	Tuvalu
Exports of goods and services, % of GDP	31.7%	N/A
Imports of goods and services, % of GDP	45.4%	N/A
Current account balance (balance of payments)	-$1B	$6.8M
Revenue excluding grants, % of GDP	25.6%	N/A
Grants excluding technical cooperation, BoP	$181M	$9.6M
Personal remittances received	$1.5B	$4M
Industry including construction value added, % of GDP	21.3%	7.3%
Agriculture, forestry and fishing value added, % of GDP	18.4%	16.5%
Charges for the use of intellectual property, payments BoP	$26.4M	N/A
Charges for the use of intellectual property, receipts BoP	$14.9M	$14k
Expense, % of GDP	23.3%	N/A
Government Expenditure, % of GDP	29.1%	N/A