New Zealand vs Tuvalu: Economic Indicators Comparison

New Zealand with a GDP of $204.9B ranked the 53rd largest economy in the world, while Tuvalu ranked 196th with $42.6M. By GDP per capita, New Zealand and Tuvalu ranked 25th vs 124th, respectively.

Gross Domestic Product & Income

StatNew ZealandTuvalu
GDP$204.9B$42.6M
GDP growth, 1 year3%2.5%
GDP growth, 5-years average3.4%N/A
Population4.9M11k
GDP per capita$42k$3.7k
GDP per capita growth0.85%1.27%
Purchasing Power Parity conversion factor1.481.22
Price level ratio of PPP conversion factor GDP to market exchange rate1.020.91
GDP per capita, PPP adjusted$40k$4k
GNI, Atlas method$198.6B$62.5M
GNI per capita$41k$5.4k
GNI, PPP adjusted$192.5B$70.2M
GNI per capita, PPP adjusted$39k$6.1k

Financial system and Human development

StatNew ZealandTuvalu
Income Tax Rate33%N/A
Corporate Tax Rate28%N/A
Inflation, consumer prices1.6%N/A
Inflation, GDP deflator1.1%4.9%
Unemployment4.5%8.5%
Economic Freedom Index84.160
Personal Freedom Index9.426.2
Human Freedom Index8.946.1
Property Rights Index93.3N/A
Judical Effectiveness Index79.1N/A
Business Freedom Index90.4N/A
Fiscal Health Index98.3N/A
Labor Freedom Index86.7N/A
Investment Freedom Index80N/A
Financial Freedom Index80N/A
Trade Freedom Index92.2N/A
Monetary Freedom Index87N/A
Government Spending Index57.8N/A
Tax Burden Index71N/A
Government Integrity Index93.9N/A
Corruption Perceptions Index8748
Life expectancy at birth, years81.766
Suicide mortality rate, per 100,000 people12.11
Mortality caused by road traffic injury, per 100,000 people7.80.2
Intentional homicides, per 100,000 people0.718.7
International tourism, number of arrivals3.7M2.7k

Government debt & reserves

StatNew ZealandTuvalu
Central government debt, % of GDP29.4%N/A
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNI13.9%N/A
Gross savings, % of GDP19.6%N/A
Gross capital formation, % of GDP23.9%N/A
Total reserves including gold$17.7BN/A
Foreign direct investment net inflows$2.1B$299k

Exports, imports and economic structure

StatNew ZealandTuvalu
Exports of goods and services, % of GDP28.1%N/A
Imports of goods and services, % of GDP28.3%N/A
Current account balance (balance of payments)-$7.7B$6.8M
Revenue excluding grants, % of GDP33%N/A
Grants excluding technical cooperation, BoPN/A$9.6M
Personal remittances received$452.5M$4M
Industry including construction value added, % of GDP19.2%7.3%
Agriculture, forestry and fishing value added, % of GDP6.6%16.5%
Charges for the use of intellectual property, payments BoP$912.8MN/A
Charges for the use of intellectual property, receipts BoP$540.5M$14k
Expense, % of GDP30.7%N/A
Government Expenditure, % of GDP37.5%N/A

Compare with countries close by GDP per capita

New Zealand vs

CountryGDP
per capita
Population
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M

Tuvalu vs

CountryGDP
per capita
Population
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
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
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M