India vs Tuvalu: Economic Indicators Comparison

India with a GDP of $2.7T ranked the 7th largest economy in the world, while Tuvalu ranked 196th with $42.6M. By GDP per capita, India and Tuvalu ranked 150th vs 124th, respectively.

Gross Domestic Product & Income

StatIndiaTuvalu
GDP$2.7T$42.6M
GDP growth, 1 year7.1%2.5%
GDP growth, 5-years average7.6%N/A
Population1.3B11k
GDP per capita$2k$3.7k
GDP per capita growth5.71%1.27%
Purchasing Power Parity conversion factor18.11.22
Price level ratio of PPP conversion factor GDP to market exchange rate0.260.91
GDP per capita, PPP adjusted$7.9k$4k
GNI, Atlas method$2.7T$62.5M
GNI per capita$2k$5.4k
GNI, PPP adjusted$10.4T$70.2M
GNI per capita, PPP adjusted$7.7k$6.1k

Financial system and Human development

StatIndiaTuvalu
Income Tax Rate30.9%N/A
Corporate Tax Rate32.4%N/A
Inflation, consumer prices3.5%N/A
Inflation, GDP deflator4.1%4.9%
Unemployment2.6%8.5%
Economic Freedom Index56.560
Personal Freedom Index6.966.2
Human Freedom Index6.86.1
Property Rights Index63N/A
Judical Effectiveness Index64.1N/A
Business Freedom Index65.6N/A
Fiscal Health Index13.1N/A
Labor Freedom Index41.2N/A
Investment Freedom Index40N/A
Financial Freedom Index40N/A
Trade Freedom Index73.4N/A
Monetary Freedom Index73N/A
Government Spending Index77.9N/A
Tax Burden Index79.4N/A
Government Integrity Index47.2N/A
Corruption Perceptions Index4148
Life expectancy at birth, years69.266
Suicide mortality rate, per 100,000 people16.31
Mortality caused by road traffic injury, per 100,000 people22.60.2
Intentional homicides, per 100,000 people3.218.7
International tourism, number of arrivals17.4M2.7k

Government debt & reserves

StatIndiaTuvalu
Central government debt, % of GDP69.8%N/A
External debt stocks, % of GNI19.3%N/A
External debt stocks$521.4BN/A
Short-term debt, % of total reserves26.1%N/A
Total debt service, % of exports and primary income11.4%N/A
Adjusted net savings including particulate emission damage, % of GNI16.3%N/A
Gross savings, % of GDP30.9%N/A
Gross capital formation, % of GDP31.3%N/A
Total reserves including gold$399.2BN/A
Foreign direct investment net inflows$42.1B$299k

Exports, imports and economic structure

StatIndiaTuvalu
Exports of goods and services, % of GDP19.7%N/A
Imports of goods and services, % of GDP23.6%N/A
Current account balance (balance of payments)-$65.6B$6.8M
Revenue excluding grants, % of GDP12.9%N/A
Grants excluding technical cooperation, BoP$689.4M$9.6M
Personal remittances received$78.8B$4M
Industry including construction value added, % of GDP26.7%7.3%
Agriculture, forestry and fishing value added, % of GDP14.6%16.5%
Charges for the use of intellectual property, payments BoP$7.9BN/A
Charges for the use of intellectual property, receipts BoP$784.9M$14k
Expense, % of GDP14.9%N/A
Government Expenditure, % of GDP27.1%N/A

Compare with countries close by GDP per capita

India vs

CountryGDP
per capita
Population
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M

Tuvalu vs

CountryGDP
per capita
Population
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
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
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
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M