The Gambia vs Tonga: Economic Indicators Comparison

The Gambia with a GDP of $1.6B ranked the 178th largest economy in the world, while Tonga ranked 190th with $450.4M. By GDP 5-years average growth and GDP per capita, the Gambia and Tonga ranked 80th vs 89th and 183rd vs 113th, respectively.

Gross Domestic Product & Income

StatGambiaTonga
GDP$1.6B$450.4M
GDP growth, 1 year6.6%1.8%
GDP growth, 5-years average3.3%3%
Population2.1M108k
GDP per capita$716$4.4k
GDP per capita growth3.45%-0.87%
Purchasing Power Parity conversion factor13.21.49
Price level ratio of PPP conversion factor GDP to market exchange rate0.270.68
GDP per capita, PPP adjusted$2.8k$6.1k
GNI, Atlas method$1.6B$443.3M
GNI per capita$710$4.3k
GNI, PPP adjusted$5.8B$672.5M
GNI per capita, PPP adjusted$2.6k$6.5k

Financial system and Human development

StatGambiaTonga
Income Tax Rate35%20%
Corporate Tax Rate32%25%
Inflation, consumer prices6.5%3.9%
Inflation, GDP deflator5.2%3.6%
Unemployment8.9%1%
Economic Freedom Index56.358.8
Personal Freedom Index5.865.6
Human Freedom Index6.525.6
Property Rights Index43.960.9
Judical Effectiveness Index43.426.5
Business Freedom Index53.575
Fiscal Health Index25.395.2
Labor Freedom Index67.469.8
Investment Freedom Index6540
Financial Freedom Index5020
Trade Freedom Index64.674
Monetary Freedom Index63.371.4
Government Spending Index85.642.8
Tax Burden Index74.685.2
Government Integrity Index39.244.2
Corruption Perceptions Index3750
Life expectancy at birth, years61.470.7
Suicide mortality rate, per 100,000 people5.13.5
Mortality caused by road traffic injury, per 100,000 people29.716.8
Intentional homicides, per 100,000 people9.11
International tourism, number of arrivals552k54k

Government debt & reserves

StatGambiaTonga
Central government debt, % of GDP83.2%49.2%
External debt stocks, % of GNI42.7%41.3%
External debt stocks$681.4M$188.7M
Short-term debt, % of total reserves9.4%0%
Total debt service, % of exports and primary income16.8%7.2%
Adjusted net savings including particulate emission damage, % of GNI-12.7%9.3%
Gross savings, % of GDP8.6%16.5%
Gross capital formation, % of GDP17%33.4%
Total reserves including gold$191.8M$227.2M
Foreign direct investment net inflows$33M$15M

Exports, imports and economic structure

StatGambiaTonga
Exports of goods and services, % of GDP21.9%22.3%
Imports of goods and services, % of GDP41.5%75.9%
Current account balance (balance of payments)-$78.6M-$28.6M
Revenue excluding grants, % of GDP10.1%25.6%
Grants excluding technical cooperation, BoP$126M$64.2M
Personal remittances received$203.6M$183.3M
Industry including construction value added, % of GDP15.6%17.3%
Agriculture, forestry and fishing value added, % of GDP19.9%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 GDP10.7%31.4%
Government Expenditure, % of GDP21.9%43.7%

Compare with countries close by GDP per capita

Gambia vs

CountryGDP
per capita
Population
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M
Niger
$414
21.5M
Malawi
$389
18.6M
Somalia
$315
11M

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