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Economy of Netherlands vs Tuvalu compared: GDP & Debt

Updated on by Georank team

The Netherlands has a GDP of $1.21T compared to $62.3M for Tuvalu, ranking 19/197 and 196/197 by economy size, respectively.

The Netherlands has $532B in government debt (43.8% of GDP), compared to $4.15M (6.96% of GDP) in Tuvalu.

Netherlands vs Tuvalu GDP by year

Netherlands
Tuvalu
1x
Year GDP, current $
Netherlands Tuvalu
2024 $1,214,927,698,573 -
2023 $1,135,475,867,551 $62,280,312
2022 $1,046,540,797,549 $59,065,982
2021 $1,054,472,123,450 $60,196,406
2020 $932,560,861,701 $51,746,594
2019 $928,903,005,576 $54,123,199
2018 $929,733,599,797 $48,015,260
2017 $848,233,537,846 $45,276,595
2016 $797,163,949,290 $41,629,064
2015 $775,743,675,303 $36,811,936
2014 $901,556,501,756 $38,760,983
2013 $883,951,539,007 $38,615,891
2012 $845,689,017,066 $39,345,579
2011 $913,140,741,333 $39,196,957
2010 $852,464,982,433 $32,105,408
2009 $878,954,223,140 $28,076,984
2008 $957,901,566,041 $31,874,435
2007 $853,499,460,873 $28,450,169
2006 $737,593,995,289 $24,096,875
2005 $688,133,699,636 $22,909,980
2004 $661,224,886,143 $22,798,275
2003 $582,435,617,082 $19,456,338
2002 $475,529,972,123 $16,842,673
2001 $432,536,219,669 $13,964,732
2000 $417,649,282,154 $15,073,976
1999 $447,778,514,140 $14,800,503
1998 $438,612,530,549 $13,795,146
1997 $417,506,211,882 $13,734,210
1996 $451,372,549,020 $13,338,597
1995 $452,967,334,614 $11,922,614
1994 $379,688,232,232 $11,772,611
1993 $354,070,495,966 $10,414,400
1992 $363,497,050,125 $10,535,028
1991 $327,982,316,124 $10,127,314
1990 $318,799,003,994 $9,542,901
1989 $258,716,904,292 $8,454,523
1988 $262,295,966,105 $7,011,059
1987 $245,406,949,521 $5,020,513
1986 $201,157,708,221 $4,574,706
1985 $144,057,523,222 $3,862,852
1984 $144,124,462,912 $4,481,978
1983 $153,671,294,109 $4,152,550
1982 $158,712,765,536 $4,118,945
1981 $164,375,775,854 $4,773,018
1980 $195,439,301,707 $4,206,128
1979 $179,933,827,310 $4,065,659
1978 $156,089,077,205 $3,798,782
1977 $127,203,923,857 $3,669,420
1976 $109,329,386,564 $3,919,072
1975 $100,397,061,694 $4,014,748
1974 $87,371,810,804 $4,122,329
1973 $71,946,639,603 $3,411,915
1972 $54,787,070,173 $2,968,458
1971 $44,644,730,576 $2,716,990
1970 $38,220,884,519 $2,585,956
1969 $34,086,038,090 -
1968 $30,097,635,751 -
1967 $27,143,828,099 -
1966 $24,741,480,717 -
1965 $22,721,869,808 -
1964 $20,232,048,553 -
1963 $17,193,744,109 -
1962 $15,847,582,341 -
1961 $14,599,836,396 -
1960 $13,282,979,015 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/netherlands/tuvalu | CC BY

GDP per capita in Netherlands vs Tuvalu by year

Netherlands
GDP per capita

GDP per capita, PPP
Tuvalu
GDP per capita

GDP per capita, PPP
1x
Year Current $
Netherlands Tuvalu
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $67,520 $86,174 - -
2023 $63,516 $81,729 $6,345 $6,151
2022 $59,123 $78,630 $5,911 $5,661
2021 $60,142 $68,574 $5,905 $5,353
2020 $53,468 $62,597 $4,976 $5,122
2019 $53,555 $62,345 $5,115 $5,210
2018 $53,955 $58,819 $4,466 $4,432
2017 $49,514 $56,038 $4,166 $4,227
2016 $46,809 $53,162 $3,809 $4,031
2015 $45,794 $50,957 $3,358 $3,776
2014 $53,457 $49,751 $3,529 $3,419
2013 $52,602 $49,622 $3,510 $3,277
2012 $50,474 $47,653 $3,598 $3,170
2011 $54,702 $47,004 $3,636 $3,176
2010 $51,306 $45,301 $3,025 $2,945
2009 $53,172 $44,959 $2,684 $3,082
2008 $58,247 $46,714 $3,088 $3,291
2007 $52,101 $44,203 $2,794 $3,034
2006 $45,124 $41,208 $2,396 $2,787
2005 $42,165 $37,778 $2,305 $2,728
2004 $40,611 $35,961 $2,323 $2,765
2003 $35,897 $34,286 $2,007 $2,770
2002 $29,447 $34,568 $1,750 $2,915
2001 $26,956 $33,259 $1,457 $2,596
2000 $26,225 $31,895 $1,579 $2,597
1999 $28,319 $29,316 $1,559 $2,543
1998 $27,924 $27,749 $1,460 $2,560
1997 $26,745 $26,062 $1,461 $2,204
1996 $29,064 $24,564 $1,428 $1,982
1995 $29,301 $23,480 $1,285 $2,083
1994 $24,683 $22,414 $1,279 $2,165
1993 $23,156 $21,443 $1,141 $1,939
1992 $23,939 $20,831 $1,166 $1,837
1991 $21,764 $20,177 $1,134 $1,769
1990 $21,322 $19,203 $1,085 $1,676
1989 $17,423 - $976 -
1988 $17,771 - $823 -
1987 $16,734 - $600 -
1986 $13,804 - $557 -
1985 $9,941 - $480 -
1984 $9,992 - $567 -
1983 $10,696 - $533 -
1982 $11,089 - $537 -
1981 $11,537 - $634 -
1980 $13,812 - $571 -
1979 $12,817 - $566 -
1978 $11,196 - $546 -
1977 $9,180 - $549 -
1976 $7,937 - $612 -
1975 $7,346 - $656 -
1974 $6,450 - $708 -
1973 $5,353 - $601 -
1972 $4,110 - $522 -
1971 $3,384 - $478 -
1970 $2,931 - $457 -
1969 $2,647 - - -
1968 $2,364 - - -
1967 $2,155 - - -
1966 $1,986 - - -
1965 $1,848 - - -
1964 $1,668 - - -
1963 $1,437 - - -
1962 $1,342 - - -
1961 $1,254 - - -
1960 $1,156 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/netherlands/tuvalu | CC BY

The Netherlands' GDP per capita is $67,520, ranking 13/197, compared to $6,345 in Tuvalu, ranking 110/197. Adjusted for purchasing power (GDP per capita PPP), the Netherlands ranks 11th at $86,174, while Tuvalu ranks 152nd at $6,151.

Economic indicators

Netherlands Tuvalu
Gross domestic product
$1.21T
2024
$62.3M
2023
GDP rank
19/197
2024
196/197
2023
GDP growth
1.08%
2023-2024
3.85%
2022-2023
GDP per capita
$67,520
2024
$6,345
2023
GDP per capita rank
13/197
2024
110/197
2023
GDP per capita, PPP
$86,174
2024
$6,151
2023
GDP per capita PPP rank
11/197
2024
152/197
2023
Government debt
$532B
2024
$4.15M
2023
Debt-to-GDP ratio
43.8%
2024
6.96%
2024
Government debt per person
$29,571
2024
$423
2023
Government debt per person rank
24/185
2024
171/185
2023
Average annual personal income after taxes
$47,815
2026
$4,233
2026
Market capitalization of domestic companies
$1.1T
2017
n/a
Number of millionaires
1,267,000
2025
n/a
Number of billionaires
13
2025
n/a
Income share by richest 10%
21.4%
2021
30.8%
2010
Income share by poorest 10%
3.6%
2021
2.7%
2010
Government expenditure, % of GDP
44.4%
2024
118.4%
2024
Consumer prices inflation
3.35%
2023-2024
1.2%
2023-2024
Unemployment rate
3.64%
2024
7.32%
2022
Population
18252623
9341

Spending and national debt comparison by year

Netherlands
Spending

Debt
Tuvalu
Spending

Debt
1x
Year % of GDP
Netherlands Tuvalu
Government spending Government debt Government spending Government debt
2024 44.4% 43.8% 118.4% 6.96%
2023 44% 45.9% 138.8% 6.67%
2022 43.3% 48.4% 115.3% 6.33%
2021 45.9% 50.5% 113.8% 11.3%
2020 47.8% 53.4% 119.5% 12.1%
2019 42.1% 47.7% 113.6% 11.6%
2018 42.4% 51.6% 125.6% 11.8%
2017 42.8% 56% 106.4% 12%
2016 43.9% 60.9% 119.6% 11.5%
2015 45.3% 63.8% 116.9% 14.4%
2014 46.7% 67.2% 96.8% 16.4%
2013 47.5% 67.2% 80.2% 17.8%
2012 47.6% 65.7% 76.8% 19.3%
2011 47.8% 61.2% 77.2% 19.1%
2010 48.9% 58.9% 93.9% 21.1%
2009 48.4% 56.3% 100% 20.6%
2008 44.3% 54.4% 85.8% 19.8%
2007 43.3% 42.7% 88.6% 32.4%
2006 44% 45% 98.5% 37.5%
2005 43.4% 49.6% 82.1% 37.4%
2004 44.7% 50.1% 74.1% -
2003 45.8% 49.8% - -
2002 44.8% 48.7% - -
2001 44.1% 49.4% - -
2000 43.2% 52.2% - -
1999 44.3% 58.6% - -
1998 44.6% 62.7% - -
1997 45.7% 65.7% - -
1996 47.3% 71.2% - -
1995 53.9% 73% - -
1994 49.4% 73.5% - -
1993 50.9% 76.7% - -
1992 50.2% 75.6% - -
1991 49.6% 74.8% - -
1990 48.8% 75% - -
1989 54.5% 73.7% - -
1988 56.4% 73.7% - -
1987 58.5% 71.3% - -
1986 57% 68.9% - -
1985 57.3% 67.1% - -
1984 58.1% 61.9% - -
1983 59.1% 58.4% - -
1982 59.1% 52.4% - -
1981 56.8% 46.9% - -
1980 55.2% 43.6% - -
1979 53.7% 39.5% - -
1978 52.3% 38.1% - -
1977 50.6% 34.9% - -
1976 50.8% 35.2% - -
1975 50.8% 36.1% - -
1974 46.4% 36.3% - -
1973 44.6% 38.1% - -
1972 44.9% 41.3% - -
1971 44.6% 43.7% - -
1970 43.2% 46.1% - -
1969 42.1% 48.2% - -
1968 25.4% 54.4% - -
1967 24.1% 55% - -
1966 24.4% 55.6% - -
1965 23.4% 55.8% - -
1964 22.3% 57.1% - -
1963 21.9% 61.7% - -
1962 22.1% 63.8% - -
1961 22.2% 65.9% - -
1960 20.4% 66.7% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

GeoRank.org/economy/netherlands/tuvalu | CC BY

In 2024, the Netherlands' government spending was $540B, accounting for 44.4% of its GDP, while Tuvalu spent $86.4M, or 118.4% of GDP.

Debt-to-GDP ratio is 43.8% in the Netherlands and 6.96% in Tuvalu, ranking 123/185 and 182/185, respectively.

Government deficit by year

Deficit/surplus
Netherlands

Tuvalu
1x
Year Deficit/surplus, % of GDP
Netherlands Tuvalu
2024 -0.94% -8.23%
2023 -0.37% 15.3%
2022 0.002% -14.6%
2021 -2.26% -13.3%
2020 -3.72% 13.7%
2019 1.91% -1.07%
2018 1.49% 30.3%
2017 1.35% 2.09%
2016 0.23% 27.5%
2015 -1.84% 14.7%
2014 -2.17% 3.26%
2013 -2.87% 26%
2012 -3.83% 9.58%
2011 -4.42% -8.8%
2010 -5.3% -23.4%
2009 -5.06% -13.5%
2008 -0.06% -17.2%
2007 -0.16% -18.6%
2006 0.04% -36.8%
2005 -0.51% -12.8%
2004 -1.82% -3.6%
2003 -3.19% -
2002 -2.23% -
2001 -0.47% -
2000 1.14% -
1999 0.28% -
1998 -1.34% -
1997 -1.6% -
1996 -1.91% -
1995 -8.72% -
1994 -3.53% -
1993 -3.13% -
1992 -3.12% -
1991 -2.05% -
1990 -4.08% -
1989 -5% -
1988 -4.23% -
1987 -5.39% -
1986 -4.62% -
1985 -3.6% -
1984 -5.25% -
1983 -5.47% -
1982 -6.17% -
1981 -4.92% -
1980 -3.95% -
1979 -2.46% -
1978 -2.09% -
1977 -0.75% -
1976 -2.02% -
1975 -2.82% -
1974 -0.26% -
1973 0.54% -
1972 -0.7% -
1971 -1.58% -
1970 -1.52% -
1969 -1.14% -
1968 -3.06% -
1967 -1.97% -
1966 -2.37% -
1965 -1.15% -
1964 -1.2% -
1963 -0.54% -
1962 -1.38% -
1961 -0.38% -
1960 0.9% -
1959 -0.74% -
1958 -0.89% -
1957 0.3% -
1956 -0.83% -
1955 -0.25% -
1954 0.76% -
1953 -2.95% -
1952 2.19% -
1951 2.13% -
1950 0.81% -
1949 2.3% -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 -3.19% -
1938 -0.37% -
1937 0.02% -
1936 -0.41% -
1935 -0.69% -
1934 -0.92% -
1933 -2.55% -
1932 -1.97% -
1931 -1.66% -
1930 -0.55% -
1929 -1.16% -
1928 -0.62% -
1927 -0.33% -
1926 -0.78% -
1925 -2.04% -
1924 -3.37% -
1923 -2.62% -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 -0.45% -
1912 -0.47% -
1911 -0.13% -
1910 -0.93% -
1909 -0.34% -
1908 -0.57% -
1907 0.03% -
1906 0.16% -
1905 0.1% -
1904 -0.72% -
1903 0.09% -
1902 -0.14% -
1901 0.03% -
1900 0.06% -
1899 -0.13% -
1898 -0.48% -
1897 -0.45% -
1896 0.08% -
1895 -0.06% -
1894 0.12% -
1893 -0.76% -
1892 -1.72% -
1891 -0.06% -
1890 -0.06% -
1889 0.04% -
1888 -0.31% -
1887 -0.37% -
1886 -0.08% -
1885 -0.55% -
1884 0% -
1883 -2.1% -
1882 -1.11% -
1881 -1.06% -
1880 0.21% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/netherlands/tuvalu | CC BY

In 2023, the Netherlands' government deficit, the difference between spending and revenue, was $4.21B, equivalent to 0.37% of GDP. This compares to Tuvalu's surplus of $9.55M, or 15.3% of GDP.

Over the past 20 years, the Netherlands recorded a fiscal deficit in 14 of those years, while Tuvalu ran a deficit in 11 years. On average, the Netherlands posted an annual deficit equal to 1.47% of GDP, compared to deficit of 1.06% of GDP for Tuvalu.

Inflation comparison by year

Inflation
Netherlands

Tuvalu
1x
Year Consumer prices inflation
Netherlands Tuvalu
2024 3.35% 1.2%
2023 3.84% 7.2%
2022 10% 12.2%
2021 2.68% 6.7%
2020 1.27% 1.6%
2019 2.63% 3.5%
2018 1.7% 2.2%
2017 1.38% 4.1%
2016 0.32% 3.5%
2015 0.6% 3.1%
2014 0.98% 1.1%
2013 2.51% 2%
2012 2.46% 1.4%
2011 2.34% 0.5%
2010 1.28% -1.9%
2009 1.19% -0.3%
2008 2.49% 10.4%
2007 1.61% 2.3%
2006 1.1% 4.2%
2005 1.69% 3.2%
2004 1.26% 2.4%
2003 2.09% 2.9%
2002 3.29% 5.1%
2001 4.16% 1.5%
2000 2.36% -
1999 2.16% -
1998 1.96% -
1997 2.11% -

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06); International Monetary Fund (IMF) | World Economic Outlook (2001–2024, retrieved 2026-02-20).

GeoRank.org/economy/netherlands/tuvalu | CC BY

Over the past 24 years, the Netherlands has recorded an average annual inflation rate of 2.34%, compared with 3.34% in Tuvalu. In 2024, inflation was 3.35% in the Netherlands and 1.2% in Tuvalu.

Top exports between countries

Netherlands
Export category Export value
Chemicals & pharma $67K
Machinery & equipment $55K
Miscellaneous $15K
Tuvalu
Export category Export value

Balance of trade

Netherlands Tuvalu
Current account balance
$111B
2024
$2.71M
2022
Current account balance ranking
5/190
2024
77/190
2022
Current account balance, % of GDP
+9.13%
2024
+4.59%
2022
Goods imports
$606B
2024
$24.2M
2022
Goods exports
$693B
2024
$184K
2022
Service imports
$262B
2024
$33.1M
2022
Service exports
$308B
2024
$2.05M
2022
Imports of goods and services, % of GDP
71.4%
2024
n/a
Exports of goods and services, % of GDP
82.4%
2024
8.22%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Netherlands Tuvalu
Economic freedom 78.5 60
Economic freedom ranking 11/197 99/197
Property rights 96 n/a
Government integrity 86.8 n/a
Judicial effectiveness 96.1 n/a
Tax burden 54 n/a
Government spending 42.2 n/a
Fiscal health 95.9 n/a
Business freedom 85 n/a
Labor freedom 59.3 n/a
Monetary freedom 77 n/a
Trade freedom 79.4 n/a
Investment freedom 90 n/a
Financial freedom 80 n/a

Other economic metrics

Netherlands Tuvalu
Services, % of GDP
70.5%
2024
n/a
Industry, % of GDP
17.5%
2024
7.02%
2015
Agriculture, forestry, and fishing, % of GDP
1.73%
2024
15.9%
2015
GNI, Atlas method
$1.12T
2024
$86M
2023
GNI per capita, PPP
$84,970
2024
$8,320
2023
Total reserves including gold
$79.1B
2024
n/a
Total reserves ranking
34/177
2024
n/a
Net foreign direct investment
$11.1B
2024
$0
2022
Net inflows of foreign direct investment
-$17.1B
2024
$258K
2024
Net outflows of foreign direct investment
-$5.93B
2024
$0
2024
Poverty at national poverty lines
14.5%
2021
26.3%
2020
Gross capital formation, % of GDP
19.7%
2024
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/netherlands/tuvalu | CC BY

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  6. TradeMap (2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.