Azerbaijan vs Tuvalu: Economic Indicators Comparison

Azerbaijan with a GDP of $46.9B ranked the 88th largest economy in the world, while Tuvalu ranked 196th with $42.6M. By GDP per capita, Azerbaijan and Tuvalu ranked 110th vs 124th, respectively.

Gross Domestic Product & Income

Stat	Azerbaijan	Tuvalu
GDP	$46.9B	$42.6M
GDP growth, 1 year	1.4%	2.5%
GDP growth, 5-years average	0.4%	N/A
Population	10M	11k
GDP per capita	$4.7k	$3.7k
GDP per capita growth	0.51%	1.27%
Purchasing Power Parity conversion factor	0.44	1.22
Price level ratio of PPP conversion factor GDP to market exchange rate	0.26	0.91
GDP per capita, PPP adjusted	$18k	$4k
GNI, Atlas method	$40.3B	$62.5M
GNI per capita	$4.1k	$5.4k
GNI, PPP adjusted	$170B	$70.2M
GNI per capita, PPP adjusted	$17k	$6.1k

Financial system and Human development

Stat	Azerbaijan	Tuvalu
Income Tax Rate	25%	N/A
Corporate Tax Rate	20%	N/A
Inflation, consumer prices	2.3%	N/A
Inflation, GDP deflator	11.9%	4.9%
Unemployment	5.2%	8.5%
Economic Freedom Index	69.3	60
Personal Freedom Index	6.73	6.2
Human Freedom Index	6.44	6.1
Property Rights Index	67.1	N/A
Judical Effectiveness Index	53.9	N/A
Business Freedom Index	80.8	N/A
Fiscal Health Index	99.2	N/A
Labor Freedom Index	66.2	N/A
Investment Freedom Index	70	N/A
Financial Freedom Index	60	N/A
Trade Freedom Index	74.6	N/A
Monetary Freedom Index	69.8	N/A
Government Spending Index	63	N/A
Tax Burden Index	88	N/A
Government Integrity Index	38.7	N/A
Corruption Perceptions Index	25	48
Life expectancy at birth, years	72.7	66
Suicide mortality rate, per 100,000 people	2.6	1
Mortality caused by road traffic injury, per 100,000 people	8.7	0.2
Intentional homicides, per 100,000 people	2	18.7
International tourism, number of arrivals	2.6M	2.7k

Government debt & reserves

Stat	Azerbaijan	Tuvalu
Central government debt, % of GDP	19.4%	N/A
External debt stocks, % of GNI	36.4%	N/A
External debt stocks	$16.2B	N/A
Short-term debt, % of total reserves	8.5%	N/A
Total debt service, % of exports and primary income	10.5%	N/A
Adjusted net savings including particulate emission damage, % of GNI	9.5%	N/A
Gross savings, % of GDP	33%	N/A
Gross capital formation, % of GDP	20.1%	N/A
Total reserves including gold	$6.7B	N/A
Foreign direct investment net inflows	$1.4B	$299k

Exports, imports and economic structure

Stat	Azerbaijan	Tuvalu
Exports of goods and services, % of GDP	54.3%	N/A
Imports of goods and services, % of GDP	37.7%	N/A
Current account balance (balance of payments)	$6.1B	$6.8M
Revenue excluding grants, % of GDP	35.1%	N/A
Grants excluding technical cooperation, BoP	$45.7M	$9.6M
Personal remittances received	$1.2B	$4M
Industry including construction value added, % of GDP	52.2%	7.3%
Agriculture, forestry and fishing value added, % of GDP	5.3%	16.5%
Charges for the use of intellectual property, payments BoP	$28.2M	N/A
Charges for the use of intellectual property, receipts BoP	$28k	$14k
Expense, % of GDP	28%	N/A
Government Expenditure, % of GDP	35.1%	N/A