Guyana vs Tonga: Economic Indicators Comparison

Guyana with a GDP of $3.9B ranked the 162nd largest economy in the world, while Tonga ranked 190th with $450.4M. By GDP 5-years average growth and GDP per capita, Guyana and Tonga ranked 82nd vs 89th and 108th vs 113th, respectively.

Gross Domestic Product & Income

StatGuyanaTonga
GDP$3.9B$450.4M
GDP growth, 1 year3.4%1.8%
GDP growth, 5-years average3.2%3%
Population778k108k
GDP per capita$5k$4.4k
GDP per capita growth3.59%-0.87%
Purchasing Power Parity conversion factor119.691.49
Price level ratio of PPP conversion factor GDP to market exchange rate0.580.68
GDP per capita, PPP adjusted$8.5k$6.1k
GNI, Atlas method$3.7B$443.3M
GNI per capita$4.8k$4.3k
GNI, PPP adjusted$6.6B$672.5M
GNI per capita, PPP adjusted$8.4k$6.5k

Financial system and Human development

StatGuyanaTonga
Income Tax Rate33.3%20%
Corporate Tax Rate40%25%
Inflation, consumer prices1.3%3.9%
Inflation, GDP deflator5.4%3.6%
Unemployment12.2%1%
Economic Freedom Index56.258.8
Personal Freedom Index6.925.6
Human Freedom Index6.685.6
Property Rights Index53.660.9
Judical Effectiveness Index42.626.5
Business Freedom Index58.975
Fiscal Health Index58.695.2
Labor Freedom Index62.169.8
Investment Freedom Index5540
Financial Freedom Index3020
Trade Freedom Index66.874
Monetary Freedom Index82.571.4
Government Spending Index64.442.8
Tax Burden Index6685.2
Government Integrity Index34.144.2
Corruption Perceptions Index3750
Life expectancy at birth, years69.670.7
Suicide mortality rate, per 100,000 people29.23.5
Mortality caused by road traffic injury, per 100,000 people24.616.8
Intentional homicides, per 100,000 people14.81
International tourism, number of arrivals287k54k

Government debt & reserves

StatGuyanaTonga
Central government debt, % of GDP57%49.2%
External debt stocks, % of GNI44.6%41.3%
External debt stocks$1.6B$188.7M
Short-term debt, % of total reserves24.1%0%
Total debt service, % of exports and primary income5%7.2%
Adjusted net savings including particulate emission damage, % of GNI14.1%9.3%
Gross savings, % of GDP35.3%16.5%
Gross capital formation, % of GDP37.5%33.4%
Total reserves including gold$518.5M$227.2M
Foreign direct investment net inflows$1.2B$15M

Exports, imports and economic structure

StatGuyanaTonga
Exports of goods and services, % of GDP35.5%22.3%
Imports of goods and services, % of GDP47.1%75.9%
Current account balance (balance of payments)-$1.1B-$28.6M
Revenue excluding grants, % of GDPN/A25.6%
Grants excluding technical cooperation, BoP$43.5M$64.2M
Personal remittances received$333.7M$183.3M
Industry including construction value added, % of GDP35.2%17.3%
Agriculture, forestry and fishing value added, % of GDP12.7%17.2%
Charges for the use of intellectual property, payments BoP$5.3M$183
Charges for the use of intellectual property, receipts BoP$169k$2.3k
Expense, % of GDPN/A31.4%
Government Expenditure, % of GDP34.5%43.7%

Compare with countries close by GDP per capita

Guyana vs

CountryGDP
per capita
Population
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
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
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

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
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
Bhutan
$3.2k
808k