Myanmar vs Tonga: Economic Indicators Comparison

Myanmar with a GDP of $71.2B ranked the 71st largest economy in the world, while Tonga ranked 190th with $450.4M. By GDP 5-years average growth and GDP per capita, Myanmar and Tonga ranked 13th vs 89th and 164th vs 113th, respectively.

Gross Domestic Product & Income

StatMyanmarTonga
GDP$71.2B$450.4M
GDP growth, 1 year6.7%1.8%
GDP growth, 5-years average6.8%3%
Population53.4M108k
GDP per capita$1.3k$4.4k
GDP per capita growth5.56%-0.87%
Purchasing Power Parity conversion factor290.171.49
Price level ratio of PPP conversion factor GDP to market exchange rate0.290.68
GDP per capita, PPP adjusted$6.2k$6.1k
GNI, Atlas method$70.2B$443.3M
GNI per capita$1.3k$4.3k
GNI, PPP adjusted$348.9B$672.5M
GNI per capita, PPP adjusted$6.5k$6.5k

Financial system and Human development

StatMyanmarTonga
Income Tax Rate20%20%
Corporate Tax Rate30%25%
Inflation, consumer prices5.9%3.9%
Inflation, GDP deflator8.3%3.6%
Unemployment1.6%1%
Economic Freedom Index5458.8
Personal Freedom Index5.965.6
Human Freedom Index4.815.6
Property Rights Index32.560.9
Judical Effectiveness Index14.326.5
Business Freedom Index53.175
Fiscal Health Index84.695.2
Labor Freedom Index59.969.8
Investment Freedom Index3040
Financial Freedom Index2020
Trade Freedom Index70.874
Monetary Freedom Index77.571.4
Government Spending Index87.542.8
Tax Burden Index86.685.2
Government Integrity Index31.544.2
Corruption Perceptions Index2950
Life expectancy at birth, years66.670.7
Suicide mortality rate, per 100,000 people7.83.5
Mortality caused by road traffic injury, per 100,000 people19.916.8
Intentional homicides, per 100,000 people2.31
International tourism, number of arrivals3.6M54k

Government debt & reserves

StatMyanmarTonga
Central government debt, % of GDP38.2%49.2%
External debt stocks, % of GNI21.5%41.3%
External debt stocks$14.9B$188.7M
Short-term debt, % of total reserves15.6%0%
Total debt service, % of exports and primary income4.9%7.2%
Adjusted net savings including particulate emission damage, % of GNI23.1%9.3%
Gross savings, % of GDP29.2%16.5%
Gross capital formation, % of GDP32.8%33.4%
Total reserves including gold$5.6B$227.2M
Foreign direct investment net inflows$1.3B$15M

Exports, imports and economic structure

StatMyanmarTonga
Exports of goods and services, % of GDP20%22.3%
Imports of goods and services, % of GDP28%75.9%
Current account balance (balance of payments)-$2.1B-$28.6M
Revenue excluding grants, % of GDP15.8%25.6%
Grants excluding technical cooperation, BoP$886.7M$64.2M
Personal remittances received$2.8B$183.3M
Industry including construction value added, % of GDP32.3%17.3%
Agriculture, forestry and fishing value added, % of GDP24.6%17.2%
Charges for the use of intellectual property, payments BoP$47.3M$183
Charges for the use of intellectual property, receipts BoP$2.6M$2.3k
Expense, % of GDP16.8%31.4%
Government Expenditure, % of GDP20.4%43.7%

Compare with countries close by GDP per capita

Myanmar vs

CountryGDP
per capita
Population
Nigeria
$2k
191M
India
$2k
1.33B
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
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M

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