Paraguay vs Tuvalu: Economic Indicators Comparison

Paraguay with a GDP of $40.5B ranked the 94th largest economy in the world, while Tuvalu ranked 196th with $42.6M. By GDP per capita, Paraguay and Tuvalu ranked 104th vs 124th, respectively.

Gross Domestic Product & Income

Stat	Paraguay	Tuvalu
GDP	$40.5B	$42.6M
GDP growth, 1 year	3.7%	2.5%
GDP growth, 5-years average	4.2%	N/A
Population	6.8M	11k
GDP per capita	$5.8k	$3.7k
GDP per capita growth	2.35%	1.27%
Purchasing Power Parity conversion factor	2453.78	1.22
Price level ratio of PPP conversion factor GDP to market exchange rate	0.43	0.91
GDP per capita, PPP adjusted	$13k	$4k
GNI, Atlas method	$39.4B	$62.5M
GNI per capita	$5.7k	$5.4k
GNI, PPP adjusted	$91.9B	$70.2M
GNI per capita, PPP adjusted	$13k	$6.1k

Financial system and Human development

Stat	Paraguay	Tuvalu
Income Tax Rate	10%	N/A
Corporate Tax Rate	10%	N/A
Inflation, consumer prices	4%	N/A
Inflation, GDP deflator	2.1%	4.9%
Unemployment	4.7%	8.5%
Economic Freedom Index	63	60
Personal Freedom Index	7.3	6.2
Human Freedom Index	7.02	6.1
Property Rights Index	44.7	N/A
Judical Effectiveness Index	26.4	N/A
Business Freedom Index	60.9	N/A
Fiscal Health Index	98	N/A
Labor Freedom Index	29	N/A
Investment Freedom Index	75	N/A
Financial Freedom Index	60	N/A
Trade Freedom Index	75.4	N/A
Monetary Freedom Index	72.5	N/A
Government Spending Index	88.6	N/A
Tax Burden Index	96.1	N/A
Government Integrity Index	29.6	N/A
Corruption Perceptions Index	29	48
Life expectancy at birth, years	74	66
Suicide mortality rate, per 100,000 people	9.5	1
Mortality caused by road traffic injury, per 100,000 people	22.7	0.2
Intentional homicides, per 100,000 people	9.3	18.7
International tourism, number of arrivals	1.2M	2.7k

Government debt & reserves

Stat	Paraguay	Tuvalu
Central government debt, % of GDP	21.6%	N/A
External debt stocks, % of GNI	39.9%	N/A
External debt stocks	$15.8B	N/A
Short-term debt, % of total reserves	60%	N/A
Total debt service, % of exports and primary income	15.7%	N/A
Adjusted net savings including particulate emission damage, % of GNI	14.5%	N/A
Gross savings, % of GDP	23.2%	N/A
Gross capital formation, % of GDP	22.4%	N/A
Total reserves including gold	$7.7B	N/A
Foreign direct investment net inflows	$386.9M	$299k

Exports, imports and economic structure

Stat	Paraguay	Tuvalu
Exports of goods and services, % of GDP	36%	N/A
Imports of goods and services, % of GDP	34.4%	N/A
Current account balance (balance of payments)	$8.6M	$6.8M
Revenue excluding grants, % of GDP	17.4%	N/A
Grants excluding technical cooperation, BoP	$64.1M	$9.6M
Personal remittances received	$682.9M	$4M
Industry including construction value added, % of GDP	33.9%	7.3%
Agriculture, forestry and fishing value added, % of GDP	10.4%	16.5%
Charges for the use of intellectual property, payments BoP	$18.5M	N/A
Charges for the use of intellectual property, receipts BoP	$114.1M	$14k
Expense, % of GDP	15.6%	N/A
Government Expenditure, % of GDP	19.5%	N/A