Malaysia vs Tonga: Economic Indicators Comparison

Malaysia with a GDP of $358.6B ranked the 37th largest economy in the world, while Tonga ranked 190th with $450.4M. By GDP 5-years average growth and GDP per capita, Malaysia and Tonga ranked 29th vs 89th and 67th vs 113th, respectively.

Gross Domestic Product & Income

StatMalaysiaTonga
GDP$358.6B$450.4M
GDP growth, 1 year4.7%1.8%
GDP growth, 5-years average5.2%3%
Population31.6M108k
GDP per capita$11k$4.4k
GDP per capita growth3.33%-0.87%
Purchasing Power Parity conversion factor1.441.49
Price level ratio of PPP conversion factor GDP to market exchange rate0.360.68
GDP per capita, PPP adjusted$31k$6.1k
GNI, Atlas method$333.8B$443.3M
GNI per capita$11k$4.3k
GNI, PPP adjusted$966.3B$672.5M
GNI per capita, PPP adjusted$31k$6.5k

Financial system and Human development

StatMalaysiaTonga
Income Tax Rate25%20%
Corporate Tax Rate25%25%
Inflation, consumer prices1%3.9%
Inflation, GDP deflator0.7%3.6%
Unemployment3.4%1%
Economic Freedom Index74.758.8
Personal Freedom Index6.235.6
Human Freedom Index6.385.6
Property Rights Index86.560.9
Judical Effectiveness Index74.626.5
Business Freedom Index87.875
Fiscal Health Index80.295.2
Labor Freedom Index74.569.8
Investment Freedom Index6040
Financial Freedom Index5020
Trade Freedom Index8274
Monetary Freedom Index81.671.4
Government Spending Index84.642.8
Tax Burden Index85.785.2
Government Integrity Index49.444.2
Corruption Perceptions Index4750
Life expectancy at birth, years75.870.7
Suicide mortality rate, per 100,000 people5.53.5
Mortality caused by road traffic injury, per 100,000 people23.616.8
Intentional homicides, per 100,000 people2.11
International tourism, number of arrivals25.8M54k

Government debt & reserves

StatMalaysiaTonga
Central government debt, % of GDP56.2%49.2%
External debt stocks, % of GNIN/A41.3%
External debt stocksN/A$188.7M
Short-term debt, % of total reservesN/A0%
Total debt service, % of exports and primary incomeN/A7.2%
Adjusted net savings including particulate emission damage, % of GNI10%9.3%
Gross savings, % of GDP25.7%16.5%
Gross capital formation, % of GDP23.6%33.4%
Total reserves including gold$101.5B$227.2M
Foreign direct investment net inflows$8.6B$15M

Exports, imports and economic structure

StatMalaysiaTonga
Exports of goods and services, % of GDP68.8%22.3%
Imports of goods and services, % of GDP61.7%75.9%
Current account balance (balance of payments)$7.6B-$28.6M
Revenue excluding grants, % of GDP16.1%25.6%
Grants excluding technical cooperation, BoP$26.2M$64.2M
Personal remittances received$1.7B$183.3M
Industry including construction value added, % of GDP38.3%17.3%
Agriculture, forestry and fishing value added, % of GDP7.5%17.2%
Charges for the use of intellectual property, payments BoP$2B$183
Charges for the use of intellectual property, receipts BoP$267.4M$2.3k
Expense, % of GDP15.9%31.4%
Government Expenditure, % of GDP22.6%43.7%

Compare with countries close by GDP per capita

Malaysia vs

CountryGDP
per capita
Population
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M

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