Eritrea vs Tuvalu: Economic Indicators Comparison

Eritrea with a GDP of $2.6B ranked the 170th largest economy in the world, while Tuvalu ranked 196th with $42.6M. By GDP per capita, Eritrea and Tuvalu ranked 178th vs 124th, respectively.

Gross Domestic Product & Income

Stat	Eritrea	Tuvalu
GDP	$2.6B	$42.6M
GDP growth, 1 year	4.2%	2.5%
GDP growth, 5-years average	3.3%	N/A
Population	3.5M	11k
GDP per capita	$811	$3.7k
GDP per capita growth	7.21%	1.27%
Purchasing Power Parity conversion factor	5.93	1.22
Price level ratio of PPP conversion factor GDP to market exchange rate	0.39	0.91
GDP per capita, PPP adjusted	$1.7k	$4k
GNI, Atlas method	$2.3B	$62.5M
GNI per capita	$720	$5.4k
GNI, PPP adjusted	$6.7B	$70.2M
GNI per capita, PPP adjusted	$2.1k	$6.1k

Financial system and Human development

Stat	Eritrea	Tuvalu
Income Tax Rate	30%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	9%	N/A
Inflation, GDP deflator	13.3%	4.9%
Unemployment	6.5%	8.5%
Economic Freedom Index	38.5	60
Personal Freedom Index	4.8	6.2
Human Freedom Index	4.8	6.1
Property Rights Index	32.5	N/A
Judical Effectiveness Index	14.3	N/A
Business Freedom Index	18.2	N/A
Fiscal Health Index	0	N/A
Labor Freedom Index	69.7	N/A
Investment Freedom Index	0	N/A
Financial Freedom Index	20	N/A
Trade Freedom Index	69.2	N/A
Monetary Freedom Index	61	N/A
Government Spending Index	74.7	N/A
Tax Burden Index	81.4	N/A
Government Integrity Index	21.4	N/A
Corruption Perceptions Index	24	48
Life expectancy at birth, years	65.5	66
Suicide mortality rate, per 100,000 people	7.9	1
Mortality caused by road traffic injury, per 100,000 people	25.3	0.2
Intentional homicides, per 100,000 people	8	18.7
International tourism, number of arrivals	142k	2.7k

Government debt & reserves

Stat	Eritrea	Tuvalu
Central government debt, % of GDP	129.4%	N/A
External debt stocks, % of GNI	40.8%	N/A
External debt stocks	$791.2M	N/A
Short-term debt, % of total reserves	16%	N/A
Total debt service, % of exports and primary income	4.3%	N/A
Adjusted net savings including particulate emission damage, % of GNI	0.5%	N/A
Gross savings, % of GDP	15.8%	N/A
Gross capital formation, % of GDP	10%	N/A
Total reserves including gold	$114.8M	N/A
Foreign direct investment net inflows	$61M	$299k

Exports, imports and economic structure

Stat	Eritrea	Tuvalu
Exports of goods and services, % of GDP	14.4%	N/A
Imports of goods and services, % of GDP	23.2%	N/A
Current account balance (balance of payments)	-$104.7M	$6.8M
Revenue excluding grants, % of GDP	N/A	N/A
Grants excluding technical cooperation, BoP	$82M	$9.6M
Personal remittances received	$3.3M	$4M
Industry including construction value added, % of GDP	21.8%	7.3%
Agriculture, forestry and fishing value added, % of GDP	14.1%	16.5%
Charges for the use of intellectual property, payments BoP	$281k	N/A
Charges for the use of intellectual property, receipts BoP	$94k	$14k
Expense, % of GDP	N/A	N/A
Government Expenditure, % of GDP	29.1%	N/A