Equatorial Guinea vs Tonga: Economic Indicators Comparison

Equatorial Guinea with a GDP of $13.4B ranked the 132nd largest economy in the world, while Tonga ranked 190th with $450.4M. By GDP 5-years average growth and GDP per capita, Equatorial Guinea and Tonga ranked 179th vs 89th and 73rd vs 113th, respectively.

Gross Domestic Product & Income

StatEquatorial GuineaTonga
GDP$13.4B$450.4M
GDP growth, 1 year-5.7%1.8%
GDP growth, 5-years average-5.6%3%
Population1.3M108k
GDP per capita$10k$4.4k
GDP per capita growth-9.5%-0.87%
Purchasing Power Parity conversion factor250.741.49
Price level ratio of PPP conversion factor GDP to market exchange rate0.450.68
GDP per capita, PPP adjusted$23k$6.1k
GNI, Atlas method$9B$443.3M
GNI per capita$6.8k$4.3k
GNI, PPP adjusted$22.9B$672.5M
GNI per capita, PPP adjusted$17k$6.5k

Financial system and Human development

StatEquatorial GuineaTonga
Income Tax Rate35%20%
Corporate Tax Rate35%25%
Inflation, consumer prices1.3%3.9%
Inflation, GDP deflator11.2%3.6%
Unemployment9.2%1%
Economic Freedom Index48.358.8
Personal Freedom Index6.65.6
Human Freedom Index6.65.6
Property Rights Index38.160.9
Judical Effectiveness Index19.526.5
Business Freedom Index37.575
Fiscal Health Index77.295.2
Labor Freedom Index34.269.8
Investment Freedom Index4040
Financial Freedom Index3020
Trade Freedom Index48.874
Monetary Freedom Index78.171.4
Government Spending Index86.442.8
Tax Burden Index75.185.2
Government Integrity Index15.144.2
Corruption Perceptions Index1650
Life expectancy at birth, years58.170.7
Suicide mortality rate, per 100,000 people16.43.5
Mortality caused by road traffic injury, per 100,000 people24.616.8
Intentional homicides, per 100,000 people2.31
International tourism, number of arrivalsN/A54k

Government debt & reserves

StatEquatorial GuineaTonga
Central government debt, % of GDP35.9%49.2%
External debt stocks, % of GNIN/A41.3%
External debt stocksN/A$188.7M
Short-term debt, % of total reservesN/A0%
Total debt service, % of exports and primary incomeN/A7.2%
Adjusted net savings including particulate emission damage, % of GNIN/A9.3%
Gross savings, % of GDPN/A16.5%
Gross capital formation, % of GDP15.5%33.4%
Total reserves including gold$48.9M$227.2M
Foreign direct investment net inflows$395.9M$15M

Exports, imports and economic structure

StatEquatorial GuineaTonga
Exports of goods and services, % of GDP58.1%22.3%
Imports of goods and services, % of GDP43.3%75.9%
Current account balance (balance of payments)-$344M-$28.6M
Revenue excluding grants, % of GDP17.2%25.6%
Grants excluding technical cooperation, BoP$7.2M$64.2M
Personal remittances received$164k$183.3M
Industry including construction value added, % of GDP56.7%17.3%
Agriculture, forestry and fishing value added, % of GDP2.4%17.2%
Charges for the use of intellectual property, payments BoPN/A$183
Charges for the use of intellectual property, receipts BoPN/A$2.3k
Expense, % of GDP9.8%31.4%
Government Expenditure, % of GDP21.3%43.7%

Compare with countries close by GDP per capita

Equatorial Guinea vs

CountryGDP
per capita
Population
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k

Tonga vs

CountryGDP
per capita
Population
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M