Maldives vs Tonga: Economic Indicators Comparison

Maldives with a GDP of $5.3B ranked the 155th largest economy in the world, while Tonga ranked 190th with $450.4M. By GDP 5-years average growth and GDP per capita, Maldives and Tonga ranked 22nd vs 89th and 72nd vs 113th, respectively.

Gross Domestic Product & Income

StatMaldivesTonga
GDP$5.3B$450.4M
GDP growth, 1 year7%1.8%
GDP growth, 5-years average6.3%3%
Population436k108k
GDP per capita$10k$4.4k
GDP per capita growth2.89%-0.87%
Purchasing Power Parity conversion factor10.391.49
Price level ratio of PPP conversion factor GDP to market exchange rate0.670.68
GDP per capita, PPP adjusted$22k$6.1k
GNI, Atlas method$4.8B$443.3M
GNI per capita$9.3k$4.3k
GNI, PPP adjusted$7.3B$672.5M
GNI per capita, PPP adjusted$14k$6.5k

Financial system and Human development

StatMaldivesTonga
Income Tax Rate0%20%
Corporate Tax Rate0%25%
Inflation, consumer prices1.5%3.9%
Inflation, GDP deflator5.3%3.6%
Unemployment6.1%1%
Economic Freedom Index56.558.8
Personal Freedom Index7.25.6
Human Freedom Index7.15.6
Property Rights Index48.560.9
Judical Effectiveness Index31.726.5
Business Freedom Index78.775
Fiscal Health Index42.995.2
Labor Freedom Index70.669.8
Investment Freedom Index3540
Financial Freedom Index3020
Trade Freedom Index6174
Monetary Freedom Index7771.4
Government Spending Index67.942.8
Tax Burden Index95.885.2
Government Integrity Index39.244.2
Corruption Perceptions Index3150
Life expectancy at birth, years78.370.7
Suicide mortality rate, per 100,000 people2.33.5
Mortality caused by road traffic injury, per 100,000 people0.916.8
Intentional homicides, per 100,000 people0.81
International tourism, number of arrivals1.5M54k

Government debt & reserves

StatMaldivesTonga
Central government debt, % of GDP61.5%49.2%
External debt stocks, % of GNI48%41.3%
External debt stocks$2.3B$188.7M
Short-term debt, % of total reserves36.4%0%
Total debt service, % of exports and primary income9.2%7.2%
Adjusted net savings including particulate emission damage, % of GNIN/A9.3%
Gross savings, % of GDPN/A16.5%
Gross capital formation, % of GDPN/A33.4%
Total reserves including gold$722.1M$227.2M
Foreign direct investment net inflows$538.5M$15M

Exports, imports and economic structure

StatMaldivesTonga
Exports of goods and services, % of GDP69.1%22.3%
Imports of goods and services, % of GDP77.2%75.9%
Current account balance (balance of payments)-$1.4B-$28.6M
Revenue excluding grants, % of GDP25.7%25.6%
Grants excluding technical cooperation, BoP$72.6M$64.2M
Personal remittances received$4.2M$183.3M
Industry including construction value added, % of GDP12.9%17.3%
Agriculture, forestry and fishing value added, % of GDP5.6%17.2%
Charges for the use of intellectual property, payments BoP$3.5M$183
Charges for the use of intellectual property, receipts BoP$5.6M$2.3k
Expense, % of GDP25.1%31.4%
Government Expenditure, % of GDP32.7%43.7%

Compare with countries close by GDP per capita

Maldives vs

CountryGDP
per capita
Population
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
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
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
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k

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