Oman vs Tuvalu: Economic Indicators Comparison

Oman with a GDP of $79.3B ranked the 69th largest economy in the world, while Tuvalu ranked 196th with $42.6M. By GDP per capita, Oman and Tuvalu ranked 56th vs 124th, respectively.

Gross Domestic Product & Income

Stat	Oman	Tuvalu
GDP	$79.3B	$42.6M
GDP growth, 1 year	2.1%	2.5%
GDP growth, 5-years average	2.4%	N/A
Population	4.8M	11k
GDP per capita	$16k	$3.7k
GDP per capita growth	-1.68%	1.27%
Purchasing Power Parity conversion factor	0.15	1.22
Price level ratio of PPP conversion factor GDP to market exchange rate	0.39	0.91
GDP per capita, PPP adjusted	$47k	$4k
GNI, Atlas method	$73.1B	$62.5M
GNI per capita	$15k	$5.4k
GNI, PPP adjusted	$201.3B	$70.2M
GNI per capita, PPP adjusted	$42k	$6.1k

Financial system and Human development

Stat	Oman	Tuvalu
Income Tax Rate	0%	N/A
Corporate Tax Rate	12%	N/A
Inflation, consumer prices	0.9%	N/A
Inflation, GDP deflator	10.3%	4.9%
Unemployment	3.1%	8.5%
Economic Freedom Index	63.6	60
Personal Freedom Index	5.55	6.2
Human Freedom Index	6.3	6.1
Property Rights Index	66.4	N/A
Judical Effectiveness Index	66.2	N/A
Business Freedom Index	74.6	N/A
Fiscal Health Index	14.8	N/A
Labor Freedom Index	56.9	N/A
Investment Freedom Index	65	N/A
Financial Freedom Index	60	N/A
Trade Freedom Index	81.6	N/A
Monetary Freedom Index	78.4	N/A
Government Spending Index	36.2	N/A
Tax Burden Index	98.4	N/A
Government Integrity Index	64.6	N/A
Corruption Perceptions Index	52	48
Life expectancy at birth, years	77.4	66
Suicide mortality rate, per 100,000 people	3.9	1
Mortality caused by road traffic injury, per 100,000 people	16.1	0.2
Intentional homicides, per 100,000 people	0.5	18.7
International tourism, number of arrivals	2.3M	2.7k

Government debt & reserves

Stat	Oman	Tuvalu
Central government debt, % of GDP	50.9%	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	-11.3%	N/A
Gross savings, % of GDP	23.9%	N/A
Gross capital formation, % of GDP	23.2%	N/A
Total reserves including gold	$17.4B	N/A
Foreign direct investment net inflows	$6.3B	$299k

Exports, imports and economic structure

Stat	Oman	Tuvalu
Exports of goods and services, % of GDP	58.3%	N/A
Imports of goods and services, % of GDP	44.5%	N/A
Current account balance (balance of payments)	-$4.3B	$6.8M
Revenue excluding grants, % of GDP	N/A	N/A
Grants excluding technical cooperation, BoP	$17M	$9.6M
Personal remittances received	$39M	$4M
Industry including construction value added, % of GDP	46.8%	7.3%
Agriculture, forestry and fishing value added, % of GDP	2.2%	16.5%
Charges for the use of intellectual property, payments BoP	N/A	N/A
Charges for the use of intellectual property, receipts BoP	N/A	$14k
Expense, % of GDP	N/A	N/A
Government Expenditure, % of GDP	46.1%	N/A