Eswatini vs Tonga: Economic Indicators Comparison

Eswatini with a GDP of $4.7B ranked the 160th largest economy in the world, while Tonga ranked 190th with $450.4M. By GDP 5-years average growth and GDP per capita, Eswatini and Tonga ranked 147th vs 89th and 117th vs 113th, respectively.

Gross Domestic Product & Income

StatEswatiniTonga
GDP$4.7B$450.4M
GDP growth, 1 year0.2%1.8%
GDP growth, 5-years average1.5%3%
Population1.4M108k
GDP per capita$4.1k$4.4k
GDP per capita growth1.32%-0.87%
Purchasing Power Parity conversion factor5.161.49
Price level ratio of PPP conversion factor GDP to market exchange rate0.390.68
GDP per capita, PPP adjusted$11k$6.1k
GNI, Atlas method$4.5B$443.3M
GNI per capita$3.9k$4.3k
GNI, PPP adjusted$12.1B$672.5M
GNI per capita, PPP adjusted$11k$6.5k

Financial system and Human development

StatEswatiniTonga
Income Tax Rate33%20%
Corporate Tax Rate28%25%
Inflation, consumer prices4.8%3.9%
Inflation, GDP deflator2.8%3.6%
Unemployment22.5%1%
Economic Freedom Index55.358.8
Personal Freedom Index5.935.6
Human Freedom Index6.115.6
Property Rights Index49.860.9
Judical Effectiveness Index42.426.5
Business Freedom Index58.975
Fiscal Health Index17.695.2
Labor Freedom Index67.969.8
Investment Freedom Index5040
Financial Freedom Index4020
Trade Freedom Index88.674
Monetary Freedom Index75.271.4
Government Spending Index62.842.8
Tax Burden Index72.885.2
Government Integrity Index37.244.2
Corruption Perceptions Index3850
Life expectancy at birth, years58.370.7
Suicide mortality rate, per 100,000 people13.33.5
Mortality caused by road traffic injury, per 100,000 people26.916.8
Intentional homicides, per 100,000 people9.51
International tourism, number of arrivals782k54k

Government debt & reserves

StatEswatiniTonga
Central government debt, % of GDP34.9%49.2%
External debt stocks, % of GNI10.9%41.3%
External debt stocks$509.2M$188.7M
Short-term debt, % of total reserves5.4%0%
Total debt service, % of exports and primary income2.3%7.2%
Adjusted net savings including particulate emission damage, % of GNI0.8%9.3%
Gross savings, % of GDP22.3%16.5%
Gross capital formation, % of GDP13.1%33.4%
Total reserves including gold$440.7M$227.2M
Foreign direct investment net inflows$31.3M$15M

Exports, imports and economic structure

StatEswatiniTonga
Exports of goods and services, % of GDP40.5%22.3%
Imports of goods and services, % of GDP43.9%75.9%
Current account balance (balance of payments)$90.3M-$28.6M
Revenue excluding grants, % of GDPN/A25.6%
Grants excluding technical cooperation, BoP$96.1M$64.2M
Personal remittances received$125.7M$183.3M
Industry including construction value added, % of GDP32.9%17.3%
Agriculture, forestry and fishing value added, % of GDP8.6%17.2%
Charges for the use of intellectual property, payments BoP$5.3M$183
Charges for the use of intellectual property, receipts BoP$674k$2.3k
Expense, % of GDPN/A31.4%
Government Expenditure, % of GDP35.2%43.7%

Compare with countries close by GDP per capita

Eswatini vs

CountryGDP
per capita
Population
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
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
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k

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
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
Bhutan
$3.2k
808k