The Bahamas vs Tuvalu: Economic Indicators Comparison

The Bahamas with a GDP of $12.4B ranked the 137th largest economy in the world, while Tuvalu ranked 196th with $42.6M. By GDP per capita, the Bahamas and Tuvalu ranked 31st vs 124th, respectively.

Gross Domestic Product & Income

Stat	Bahamas	Tuvalu
GDP	$12.4B	$42.6M
GDP growth, 1 year	2.3%	2.5%
GDP growth, 5-years average	0.6%	N/A
Population	395k	11k
GDP per capita	$32k	$3.7k
GDP per capita growth	0.54%	1.27%
Purchasing Power Parity conversion factor	1	1.22
Price level ratio of PPP conversion factor GDP to market exchange rate	1	0.91
GDP per capita, PPP adjusted	$33k	$4k
GNI, Atlas method	$11.8B	$62.5M
GNI per capita	$31k	$5.4k
GNI, PPP adjusted	$11.7B	$70.2M
GNI per capita, PPP adjusted	$30k	$6.1k

Financial system and Human development

Stat	Bahamas	Tuvalu
Income Tax Rate	0%	N/A
Corporate Tax Rate	0%	N/A
Inflation, consumer prices	2.2%	N/A
Inflation, GDP deflator	0.7%	4.9%
Unemployment	11.9%	8.5%
Economic Freedom Index	64.5	60
Personal Freedom Index	8.32	6.2
Human Freedom Index	7.97	6.1
Property Rights Index	54.9	N/A
Judical Effectiveness Index	46.4	N/A
Business Freedom Index	69	N/A
Fiscal Health Index	69.2	N/A
Labor Freedom Index	70	N/A
Investment Freedom Index	50	N/A
Financial Freedom Index	60	N/A
Trade Freedom Index	47.8	N/A
Monetary Freedom Index	76.3	N/A
Government Spending Index	87.4	N/A
Tax Burden Index	96.8	N/A
Government Integrity Index	46	N/A
Corruption Perceptions Index	65	48
Life expectancy at birth, years	73.6	66
Suicide mortality rate, per 100,000 people	1.7	1
Mortality caused by road traffic injury, per 100,000 people	13.8	0.2
Intentional homicides, per 100,000 people	30.9	18.7
International tourism, number of arrivals	1.6M	2.7k

Government debt & reserves

Stat	Bahamas	Tuvalu
Central government debt, % of GDP	61%	N/A
External debt stocks, % of GNI	N/A	N/A
External debt stocks	N/A	N/A
Short-term debt, % of total reserves	N/A	N/A
Total debt service, % of exports and primary income	N/A	N/A
Adjusted net savings including particulate emission damage, % of GNI	7.1%	N/A
Gross savings, % of GDP	12.7%	N/A
Gross capital formation, % of GDP	24.5%	N/A
Total reserves including gold	$1.4B	N/A
Foreign direct investment net inflows	$491.4M	$299k

Exports, imports and economic structure

Stat	Bahamas	Tuvalu
Exports of goods and services, % of GDP	36.1%	N/A
Imports of goods and services, % of GDP	41.3%	N/A
Current account balance (balance of payments)	-$1.5B	$6.8M
Revenue excluding grants, % of GDP	16.4%	N/A
Grants excluding technical cooperation, BoP	$1.7M	$9.6M
Personal remittances received	N/A	$4M
Industry including construction value added, % of GDP	13%	7.3%
Agriculture, forestry and fishing value added, % of GDP	0.9%	16.5%
Charges for the use of intellectual property, payments BoP	$10.3M	N/A
Charges for the use of intellectual property, receipts BoP	N/A	$14k
Expense, % of GDP	17.9%	N/A
Government Expenditure, % of GDP	20.5%	N/A