Palau vs Tuvalu: Economic Indicators Comparison

Palau with a GDP of $284M ranked the 192nd largest economy in the world, while Tuvalu ranked 196th with $42.6M. By GDP per capita, Palau and Tuvalu ranked 60th vs 124th, respectively.

Gross Domestic Product & Income

Stat	Palau	Tuvalu
GDP	$284M	$42.6M
GDP growth, 1 year	1.71%	2.5%
GDP growth, 5-years average	N/A	N/A
Population	22k	11k
GDP per capita	$16k	$3.7k
GDP per capita growth	1.14%	1.27%
Purchasing Power Parity conversion factor	0.86	1.22
Price level ratio of PPP conversion factor GDP to market exchange rate	0.86	0.91
GDP per capita, PPP adjusted	$19k	$4k
GNI, Atlas method	$309.4M	$62.5M
GNI per capita	$17k	$5.4k
GNI, PPP adjusted	$349.4M	$70.2M
GNI per capita, PPP adjusted	$20k	$6.1k

Financial system and Human development

Stat	Palau	Tuvalu
Income Tax Rate	N/A	N/A
Corporate Tax Rate	N/A	N/A
Inflation, consumer prices	1.3%	N/A
Inflation, GDP deflator	-2.5%	4.9%
Unemployment	1.4%	8.5%
Economic Freedom Index	62	60
Personal Freedom Index	6.4	6.2
Human Freedom Index	6.4	6.1
Property Rights Index	N/A	N/A
Judical Effectiveness Index	N/A	N/A
Business Freedom Index	N/A	N/A
Fiscal Health Index	N/A	N/A
Labor Freedom Index	N/A	N/A
Investment Freedom Index	N/A	N/A
Financial Freedom Index	N/A	N/A
Trade Freedom Index	N/A	N/A
Monetary Freedom Index	N/A	N/A
Government Spending Index	N/A	N/A
Tax Burden Index	N/A	N/A
Government Integrity Index	N/A	N/A
Corruption Perceptions Index	49	48
Life expectancy at birth, years	69.1	66
Suicide mortality rate, per 100,000 people	21.7	1
Mortality caused by road traffic injury, per 100,000 people	4.8	0.2
Intentional homicides, per 100,000 people	3.1	18.7
International tourism, number of arrivals	106k	2.7k

Government debt & reserves

Stat	Palau	Tuvalu
Central government debt, % of GDP	67.5%	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	N/A	N/A
Gross savings, % of GDP	10.7%	N/A
Gross capital formation, % of GDP	26.7%	N/A
Total reserves including gold	N/A	N/A
Foreign direct investment net inflows	$21.5M	$299k

Exports, imports and economic structure

Stat	Palau	Tuvalu
Exports of goods and services, % of GDP	47%	N/A
Imports of goods and services, % of GDP	76.3%	N/A
Current account balance (balance of payments)	-$51.8M	$6.8M
Revenue excluding grants, % of GDP	27.3%	N/A
Grants excluding technical cooperation, BoP	$81.2M	$9.6M
Personal remittances received	$2.2M	$4M
Industry including construction value added, % of GDP	8%	7.3%
Agriculture, forestry and fishing value added, % of GDP	3.2%	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	41.4%	N/A
Government Expenditure, % of GDP	N/A	N/A