The Gambia vs Tuvalu: Economic Indicators Comparison

The Gambia with a GDP of $1.6B ranked the 178th largest economy in the world, while Tuvalu ranked 196th with $42.6M. By GDP per capita, the Gambia and Tuvalu ranked 183rd vs 124th, respectively.

Gross Domestic Product & Income

Stat	Gambia	Tuvalu
GDP	$1.6B	$42.6M
GDP growth, 1 year	6.6%	2.5%
GDP growth, 5-years average	3.3%	N/A
Population	2.1M	11k
GDP per capita	$716	$3.7k
GDP per capita growth	3.45%	1.27%
Purchasing Power Parity conversion factor	13.2	1.22
Price level ratio of PPP conversion factor GDP to market exchange rate	0.27	0.91
GDP per capita, PPP adjusted	$2.8k	$4k
GNI, Atlas method	$1.6B	$62.5M
GNI per capita	$710	$5.4k
GNI, PPP adjusted	$5.8B	$70.2M
GNI per capita, PPP adjusted	$2.6k	$6.1k

Financial system and Human development

Stat	Gambia	Tuvalu
Income Tax Rate	35%	N/A
Corporate Tax Rate	32%	N/A
Inflation, consumer prices	6.5%	N/A
Inflation, GDP deflator	5.2%	4.9%
Unemployment	8.9%	8.5%
Economic Freedom Index	56.3	60
Personal Freedom Index	5.86	6.2
Human Freedom Index	6.52	6.1
Property Rights Index	43.9	N/A
Judical Effectiveness Index	43.4	N/A
Business Freedom Index	53.5	N/A
Fiscal Health Index	25.3	N/A
Labor Freedom Index	67.4	N/A
Investment Freedom Index	65	N/A
Financial Freedom Index	50	N/A
Trade Freedom Index	64.6	N/A
Monetary Freedom Index	63.3	N/A
Government Spending Index	85.6	N/A
Tax Burden Index	74.6	N/A
Government Integrity Index	39.2	N/A
Corruption Perceptions Index	37	48
Life expectancy at birth, years	61.4	66
Suicide mortality rate, per 100,000 people	5.1	1
Mortality caused by road traffic injury, per 100,000 people	29.7	0.2
Intentional homicides, per 100,000 people	9.1	18.7
International tourism, number of arrivals	552k	2.7k

Government debt & reserves

Stat	Gambia	Tuvalu
Central government debt, % of GDP	83.2%	N/A
External debt stocks, % of GNI	42.7%	N/A
External debt stocks	$681.4M	N/A
Short-term debt, % of total reserves	9.4%	N/A
Total debt service, % of exports and primary income	16.8%	N/A
Adjusted net savings including particulate emission damage, % of GNI	-12.7%	N/A
Gross savings, % of GDP	8.6%	N/A
Gross capital formation, % of GDP	17%	N/A
Total reserves including gold	$191.8M	N/A
Foreign direct investment net inflows	$33M	$299k

Exports, imports and economic structure

Stat	Gambia	Tuvalu
Exports of goods and services, % of GDP	21.9%	N/A
Imports of goods and services, % of GDP	41.5%	N/A
Current account balance (balance of payments)	-$78.6M	$6.8M
Revenue excluding grants, % of GDP	10.1%	N/A
Grants excluding technical cooperation, BoP	$126M	$9.6M
Personal remittances received	$203.6M	$4M
Industry including construction value added, % of GDP	15.6%	7.3%
Agriculture, forestry and fishing value added, % of GDP	19.9%	16.5%
Charges for the use of intellectual property, payments BoP	N/A	N/A
Charges for the use of intellectual property, receipts BoP	N/A	$14k
Expense, % of GDP	10.7%	N/A
Government Expenditure, % of GDP	21.9%	N/A