Nepal vs Tonga: Economic Indicators Comparison

Nepal with a GDP of $29B ranked the 103rd largest economy in the world, while Tonga ranked 190th with $450.4M. By GDP 5-years average growth and GDP per capita, Nepal and Tonga ranked 37th vs 89th and 170th vs 113th, respectively.

Gross Domestic Product & Income

StatNepalTonga
GDP$29B$450.4M
GDP growth, 1 year6.3%1.8%
GDP growth, 5-years average4.8%3%
Population29.4M108k
GDP per capita$1k$4.4k
GDP per capita growth4.91%-0.87%
Purchasing Power Parity conversion factor34.931.49
Price level ratio of PPP conversion factor GDP to market exchange rate0.330.68
GDP per capita, PPP adjusted$2.9k$6.1k
GNI, Atlas method$27.2B$443.3M
GNI per capita$970$4.3k
GNI, PPP adjusted$87.4B$672.5M
GNI per capita, PPP adjusted$3.1k$6.5k

Financial system and Human development

StatNepalTonga
Income Tax Rate25%20%
Corporate Tax Rate25%25%
Inflation, consumer prices4.2%3.9%
Inflation, GDP deflator6.3%3.6%
Unemployment1.3%1%
Economic Freedom Index54.258.8
Personal Freedom Index7.755.6
Human Freedom Index6.835.6
Property Rights Index40.760.9
Judical Effectiveness Index3226.5
Business Freedom Index61.675
Fiscal Health Index98.195.2
Labor Freedom Index53.769.8
Investment Freedom Index1040
Financial Freedom Index3020
Trade Freedom Index60.474
Monetary Freedom Index71.271.4
Government Spending Index77.942.8
Tax Burden Index83.485.2
Government Integrity Index31.544.2
Corruption Perceptions Index3150
Life expectancy at birth, years70.270.7
Suicide mortality rate, per 100,000 people8.83.5
Mortality caused by road traffic injury, per 100,000 people15.916.8
Intentional homicides, per 100,000 people2.21
International tourism, number of arrivals1.2M54k

Government debt & reserves

StatNepalTonga
Central government debt, % of GDP30.4%49.2%
External debt stocks, % of GNI18.9%41.3%
External debt stocks$5.5B$188.7M
Short-term debt, % of total reserves3%0%
Total debt service, % of exports and primary income8.5%7.2%
Adjusted net savings including particulate emission damage, % of GNI38.1%9.3%
Gross savings, % of GDP49.5%16.5%
Gross capital formation, % of GDP55.2%33.4%
Total reserves including gold$8.3B$227.2M
Foreign direct investment net inflows$68.2M$15M

Exports, imports and economic structure

StatNepalTonga
Exports of goods and services, % of GDP8.9%22.3%
Imports of goods and services, % of GDP46.3%75.9%
Current account balance (balance of payments)-$2.8B-$28.6M
Revenue excluding grants, % of GDP22.9%25.6%
Grants excluding technical cooperation, BoP$629.7M$64.2M
Personal remittances received$8.3B$183.3M
Industry including construction value added, % of GDP13.5%17.3%
Agriculture, forestry and fishing value added, % of GDP25.3%17.2%
Charges for the use of intellectual property, payments BoPN/A$183
Charges for the use of intellectual property, receipts BoPN/A$2.3k
Expense, % of GDP19.4%31.4%
Government Expenditure, % of GDP27.2%43.7%

Compare with countries close by GDP per capita

Nepal vs

CountryGDP
per capita
Population
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
Myanmar
$1.3k
53.4M
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
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
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M

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