Grenada vs Tuvalu: Economic Indicators Comparison

Grenada with a GDP of $1.2B ranked the 183rd largest economy in the world, while Tuvalu ranked 196th with $42.6M. By GDP per capita, Grenada and Tuvalu ranked 70th vs 124th, respectively.

Gross Domestic Product & Income

Stat	Grenada	Tuvalu
GDP	$1.2B	$42.6M
GDP growth, 1 year	4.18%	2.5%
GDP growth, 5-years average	N/A	N/A
Population	108k	11k
GDP per capita	$11k	$3.7k
GDP per capita growth	3.64%	1.27%
Purchasing Power Parity conversion factor	1.85	1.22
Price level ratio of PPP conversion factor GDP to market exchange rate	0.68	0.91
GDP per capita, PPP adjusted	$16k	$4k
GNI, Atlas method	$1.1B	$62.5M
GNI per capita	$9.7k	$5.4k
GNI, PPP adjusted	$1.6B	$70.2M
GNI per capita, PPP adjusted	$14k	$6.1k

Financial system and Human development

Stat	Grenada	Tuvalu
Income Tax Rate	N/A	N/A
Corporate Tax Rate	N/A	N/A
Inflation, consumer prices	0.8%	N/A
Inflation, GDP deflator	1%	4.9%
Unemployment	22.9%	8.5%
Economic Freedom Index	63	60
Personal Freedom Index	6	6.2
Human Freedom Index	6	6.1
Property Rights Index	N/A	N/A
Judical Effectiveness Index	N/A	N/A
Business Freedom Index	N/A	N/A
Fiscal Health Index	N/A	N/A
Labor Freedom Index	N/A	N/A
Investment Freedom Index	N/A	N/A
Financial Freedom Index	N/A	N/A
Trade Freedom Index	N/A	N/A
Monetary Freedom Index	N/A	N/A
Government Spending Index	N/A	N/A
Tax Burden Index	N/A	N/A
Government Integrity Index	N/A	N/A
Corruption Perceptions Index	52	48
Life expectancy at birth, years	72.4	66
Suicide mortality rate, per 100,000 people	1.7	1
Mortality caused by road traffic injury, per 100,000 people	9.3	0.2
Intentional homicides, per 100,000 people	11.1	18.7
International tourism, number of arrivals	185k	2.7k

Government debt & reserves

Stat	Grenada	Tuvalu
Central government debt, % of GDP	N/A	N/A
External debt stocks, % of GNI	58.8%	N/A
External debt stocks	$644.9M	N/A
Short-term debt, % of total reserves	50.4%	N/A
Total debt service, % of exports and primary income	8.4%	N/A
Adjusted net savings including particulate emission damage, % of GNI	N/A	N/A
Gross savings, % of GDP	N/A	N/A
Gross capital formation, % of GDP	N/A	N/A
Total reserves including gold	$233.8M	N/A
Foreign direct investment net inflows	$153.7M	$299k

Exports, imports and economic structure

Stat	Grenada	Tuvalu
Exports of goods and services, % of GDP	54.2%	N/A
Imports of goods and services, % of GDP	55.2%	N/A
Current account balance (balance of payments)	-$116.3M	$6.8M
Revenue excluding grants, % of GDP	N/A	N/A
Grants excluding technical cooperation, BoP	$250k	$9.6M
Personal remittances received	$48.5M	$4M
Industry including construction value added, % of GDP	13.3%	7.3%
Agriculture, forestry and fishing value added, % of GDP	5.2%	16.5%
Charges for the use of intellectual property, payments BoP	$9.3M	N/A
Charges for the use of intellectual property, receipts BoP	$56k	$14k
Expense, % of GDP	N/A	N/A
Government Expenditure, % of GDP	N/A	N/A