Namibia vs Tonga: Economic Indicators Comparison

Namibia with a GDP of $14.5B ranked the 127th largest economy in the world, while Tonga ranked 190th with $450.4M. By GDP 5-years average growth and GDP per capita, Namibia and Tonga ranked 117th vs 89th and 102nd vs 113th, respectively.

Gross Domestic Product & Income

StatNamibiaTonga
GDP$14.5B$450.4M
GDP growth, 1 year-0.1%1.8%
GDP growth, 5-years average2.4%3%
Population2.5M108k
GDP per capita$5.9k$4.4k
GDP per capita growth-2.4%-0.87%
Purchasing Power Parity conversion factor7.071.49
Price level ratio of PPP conversion factor GDP to market exchange rate0.530.68
GDP per capita, PPP adjusted$11k$6.1k
GNI, Atlas method$12.8B$443.3M
GNI per capita$5.2k$4.3k
GNI, PPP adjusted$26.6B$672.5M
GNI per capita, PPP adjusted$11k$6.5k

Financial system and Human development

StatNamibiaTonga
Income Tax Rate37%20%
Corporate Tax Rate34%25%
Inflation, consumer prices4.3%3.9%
Inflation, GDP deflator7%3.6%
Unemployment23.1%1%
Economic Freedom Index60.958.8
Personal Freedom Index7.155.6
Human Freedom Index6.975.6
Property Rights Index58.960.9
Judical Effectiveness Index58.526.5
Business Freedom Index65.675
Fiscal Health Index28.795.2
Labor Freedom Index84.969.8
Investment Freedom Index6540
Financial Freedom Index4020
Trade Freedom Index83.274
Monetary Freedom Index75.971.4
Government Spending Index58.142.8
Tax Burden Index65.785.2
Government Integrity Index4644.2
Corruption Perceptions Index5350
Life expectancy at birth, years6370.7
Suicide mortality rate, per 100,000 people8.73.5
Mortality caused by road traffic injury, per 100,000 people30.416.8
Intentional homicides, per 100,000 people17.11
International tourism, number of arrivals1.5M54k

Government debt & reserves

StatNamibiaTonga
Central government debt, % of GDP47.1%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 GNI4.5%9.3%
Gross savings, % of GDP14%16.5%
Gross capital formation, % of GDP12.6%33.4%
Total reserves including gold$2.1B$227.2M
Foreign direct investment net inflows$199.6M$15M

Exports, imports and economic structure

StatNamibiaTonga
Exports of goods and services, % of GDP38.7%22.3%
Imports of goods and services, % of GDP44.9%75.9%
Current account balance (balance of payments)-$354.5M-$28.6M
Revenue excluding grants, % of GDP31.6%25.6%
Grants excluding technical cooperation, BoP$127.9M$64.2M
Personal remittances received$53.7M$183.3M
Industry including construction value added, % of GDP29.3%17.3%
Agriculture, forestry and fishing value added, % of GDP7.2%17.2%
Charges for the use of intellectual property, payments BoP$1.3M$183
Charges for the use of intellectual property, receipts BoP$1.4M$2.3k
Expense, % of GDP31.1%31.4%
Government Expenditure, % of GDP37.4%43.7%

Compare with countries close by GDP per capita

Namibia vs

CountryGDP
per capita
Population
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
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

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
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
Bhutan
$3.2k
808k