Montenegro vs Tuvalu: Economic Indicators Comparison

Montenegro with a GDP of $5.5B ranked the 153rd largest economy in the world, while Tuvalu ranked 196th with $42.6M. By GDP per capita, Montenegro and Tuvalu ranked 81st vs 124th, respectively.

Gross Domestic Product & Income

Stat	Montenegro	Tuvalu
GDP	$5.5B	$42.6M
GDP growth, 1 year	4.5%	2.5%
GDP growth, 5-years average	3.5%	N/A
Population	622k	11k
GDP per capita	$8.8k	$3.7k
GDP per capita growth	5.08%	1.27%
Purchasing Power Parity conversion factor	0.36	1.22
Price level ratio of PPP conversion factor GDP to market exchange rate	0.43	0.91
GDP per capita, PPP adjusted	$19k	$4k
GNI, Atlas method	$5.2B	$62.5M
GNI per capita	$8.4k	$5.4k
GNI, PPP adjusted	$13B	$70.2M
GNI per capita, PPP adjusted	$21k	$6.1k

Financial system and Human development

Stat	Montenegro	Tuvalu
Income Tax Rate	9%	N/A
Corporate Tax Rate	9%	N/A
Inflation, consumer prices	2.6%	N/A
Inflation, GDP deflator	3.2%	4.9%
Unemployment	15.5%	8.5%
Economic Freedom Index	61.5	60
Personal Freedom Index	8.12	6.2
Human Freedom Index	7.67	6.1
Property Rights Index	59.1	N/A
Judical Effectiveness Index	55.3	N/A
Business Freedom Index	70.8	N/A
Fiscal Health Index	23.4	N/A
Labor Freedom Index	74.8	N/A
Investment Freedom Index	75	N/A
Financial Freedom Index	50	N/A
Trade Freedom Index	83.8	N/A
Monetary Freedom Index	80.3	N/A
Government Spending Index	32.1	N/A
Tax Burden Index	85.4	N/A
Government Integrity Index	47.5	N/A
Corruption Perceptions Index	45	48
Life expectancy at birth, years	76.7	66
Suicide mortality rate, per 100,000 people	10.3	1
Mortality caused by road traffic injury, per 100,000 people	10.7	0.2
Intentional homicides, per 100,000 people	2.4	18.7
International tourism, number of arrivals	2.1M	2.7k

Government debt & reserves

Stat	Montenegro	Tuvalu
Central government debt, % of GDP	72.1%	N/A
External debt stocks, % of GNI	144.1%	N/A
External debt stocks	$8B	N/A
Short-term debt, % of total reserves	17.2%	N/A
Total debt service, % of exports and primary income	63.7%	N/A
Adjusted net savings including particulate emission damage, % of GNI	N/A	N/A
Gross savings, % of GDP	14.9%	N/A
Gross capital formation, % of GDP	31.9%	N/A
Total reserves including gold	$1.2B	N/A
Foreign direct investment net inflows	$485.7M	$299k

Exports, imports and economic structure

Stat	Montenegro	Tuvalu
Exports of goods and services, % of GDP	42.9%	N/A
Imports of goods and services, % of GDP	66.7%	N/A
Current account balance (balance of payments)	-$943M	$6.8M
Revenue excluding grants, % of GDP	N/A	N/A
Grants excluding technical cooperation, BoP	$57.7M	$9.6M
Personal remittances received	$588.9M	$4M
Industry including construction value added, % of GDP	15.9%	7.3%
Agriculture, forestry and fishing value added, % of GDP	6.7%	16.5%
Charges for the use of intellectual property, payments BoP	$6M	N/A
Charges for the use of intellectual property, receipts BoP	$432k	$14k
Expense, % of GDP	N/A	N/A
Government Expenditure, % of GDP	47.6%	N/A