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

Stat	New Zealand	Tuvalu
GDP	$204.9B	$42.6M
GDP growth, 1 year	3%	2.5%
GDP growth, 5-years average	3.4%	N/A
Population	4.9M	11k
GDP per capita	$42k	$3.7k
GDP per capita growth	0.85%	1.27%
Purchasing Power Parity conversion factor	1.48	1.22
Price level ratio of PPP conversion factor GDP to market exchange rate	1.02	0.91
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

Stat	New Zealand	Tuvalu
Income Tax Rate	33%	N/A
Corporate Tax Rate	28%	N/A
Inflation, consumer prices	1.6%	N/A
Inflation, GDP deflator	1.1%	4.9%
Unemployment	4.5%	8.5%
Economic Freedom Index	84.1	60
Personal Freedom Index	9.42	6.2
Human Freedom Index	8.94	6.1
Property Rights Index	93.3	N/A
Judical Effectiveness Index	79.1	N/A
Business Freedom Index	90.4	N/A
Fiscal Health Index	98.3	N/A
Labor Freedom Index	86.7	N/A
Investment Freedom Index	80	N/A
Financial Freedom Index	80	N/A
Trade Freedom Index	92.2	N/A
Monetary Freedom Index	87	N/A
Government Spending Index	57.8	N/A
Tax Burden Index	71	N/A
Government Integrity Index	93.9	N/A
Corruption Perceptions Index	87	48
Life expectancy at birth, years	81.7	66
Suicide mortality rate, per 100,000 people	12.1	1
Mortality caused by road traffic injury, per 100,000 people	7.8	0.2
Intentional homicides, per 100,000 people	0.7	18.7
International tourism, number of arrivals	3.7M	2.7k

Government debt & reserves

Stat	New Zealand	Tuvalu
Central government debt, % of GDP	29.4%	N/A
External debt stocks, % of GNI	N/A	N/A
External debt stocks	N/A	N/A
Short-term debt, % of total reserves	N/A	N/A
Total debt service, % of exports and primary income	N/A	N/A
Adjusted net savings including particulate emission damage, % of GNI	13.9%	N/A
Gross savings, % of GDP	19.6%	N/A
Gross capital formation, % of GDP	23.9%	N/A
Total reserves including gold	$17.7B	N/A
Foreign direct investment net inflows	$2.1B	$299k

Exports, imports and economic structure

Stat	New Zealand	Tuvalu
Exports of goods and services, % of GDP	28.1%	N/A
Imports of goods and services, % of GDP	28.3%	N/A
Current account balance (balance of payments)	-$7.7B	$6.8M
Revenue excluding grants, % of GDP	33%	N/A
Grants excluding technical cooperation, BoP	N/A	$9.6M
Personal remittances received	$452.5M	$4M
Industry including construction value added, % of GDP	19.2%	7.3%
Agriculture, forestry and fishing value added, % of GDP	6.6%	16.5%
Charges for the use of intellectual property, payments BoP	$912.8M	N/A
Charges for the use of intellectual property, receipts BoP	$540.5M	$14k
Expense, % of GDP	30.7%	N/A
Government Expenditure, % of GDP	37.5%	N/A