Mongolia vs Tuvalu: Economic Indicators Comparison

Mongolia with a GDP of $13.1B ranked the 134th largest economy in the world, while Tuvalu ranked 196th with $42.6M. By GDP per capita, Mongolia and Tuvalu ranked 118th vs 124th, respectively.

Gross Domestic Product & Income

Stat	Mongolia	Tuvalu
GDP	$13.1B	$42.6M
GDP growth, 1 year	6.9%	2.5%
GDP growth, 5-years average	4.7%	N/A
Population	3.1M	11k
GDP per capita	$4.1k	$3.7k
GDP per capita growth	5.32%	1.27%
Purchasing Power Parity conversion factor	738.48	1.22
Price level ratio of PPP conversion factor GDP to market exchange rate	0.3	0.91
GDP per capita, PPP adjusted	$13k	$4k
GNI, Atlas method	$11.6B	$62.5M
GNI per capita	$3.7k	$5.4k
GNI, PPP adjusted	$39.6B	$70.2M
GNI per capita, PPP adjusted	$13k	$6.1k

Financial system and Human development

Stat	Mongolia	Tuvalu
Income Tax Rate	10%	N/A
Corporate Tax Rate	25%	N/A
Inflation, consumer prices	7.7%	N/A
Inflation, GDP deflator	8.1%	4.9%
Unemployment	6.3%	8.5%
Economic Freedom Index	55.9	60
Personal Freedom Index	7.63	6.2
Human Freedom Index	7.17	6.1
Property Rights Index	50.3	N/A
Judical Effectiveness Index	23	N/A
Business Freedom Index	63.6	N/A
Fiscal Health Index	9.3	N/A
Labor Freedom Index	75.7	N/A
Investment Freedom Index	50	N/A
Financial Freedom Index	60	N/A
Trade Freedom Index	74	N/A
Monetary Freedom Index	74.2	N/A
Government Spending Index	66.6	N/A
Tax Burden Index	87.4	N/A
Government Integrity Index	36.9	N/A
Corruption Perceptions Index	37	48
Life expectancy at birth, years	69.5	66
Suicide mortality rate, per 100,000 people	13	1
Mortality caused by road traffic injury, per 100,000 people	16.5	0.2
Intentional homicides, per 100,000 people	6.2	18.7
International tourism, number of arrivals	529k	2.7k

Government debt & reserves

Stat	Mongolia	Tuvalu
Central government debt, % of GDP	73.3%	N/A
External debt stocks, % of GNI	253.9%	N/A
External debt stocks	$29.4B	N/A
Short-term debt, % of total reserves	87.3%	N/A
Total debt service, % of exports and primary income	101.6%	N/A
Adjusted net savings including particulate emission damage, % of GNI	-10.3%	N/A
Gross savings, % of GDP	30.3%	N/A
Gross capital formation, % of GDP	43.1%	N/A
Total reserves including gold	$3.5B	N/A
Foreign direct investment net inflows	$2B	$299k

Exports, imports and economic structure

Stat	Mongolia	Tuvalu
Exports of goods and services, % of GDP	58.7%	N/A
Imports of goods and services, % of GDP	64.2%	N/A
Current account balance (balance of payments)	-$1.9B	$6.8M
Revenue excluding grants, % of GDP	24.9%	N/A
Grants excluding technical cooperation, BoP	$115.6M	$9.6M
Personal remittances received	$440.6M	$4M
Industry including construction value added, % of GDP	38.7%	7.3%
Agriculture, forestry and fishing value added, % of GDP	10.8%	16.5%
Charges for the use of intellectual property, payments BoP	$16.1M	N/A
Charges for the use of intellectual property, receipts BoP	$1.4M	$14k
Expense, % of GDP	23.8%	N/A
Government Expenditure, % of GDP	33.4%	N/A