The Philippines vs Tuvalu: Economic Indicators Comparison

The Philippines with a GDP of $330.9B ranked the 40th largest economy in the world, while Tuvalu ranked 196th with $42.6M. By GDP per capita, the Philippines and Tuvalu ranked 134th vs 124th, respectively.

Gross Domestic Product & Income

Stat	Philippines	Tuvalu
GDP	$330.9B	$42.6M
GDP growth, 1 year	6.2%	2.5%
GDP growth, 5-years average	6.4%	N/A
Population	104.9M	11k
GDP per capita	$3.1k	$3.7k
GDP per capita growth	4.77%	1.27%
Purchasing Power Parity conversion factor	18.25	1.22
Price level ratio of PPP conversion factor GDP to market exchange rate	0.35	0.91
GDP per capita, PPP adjusted	$8.9k	$4k
GNI, Atlas method	$408.8B	$62.5M
GNI per capita	$3.8k	$5.4k
GNI, PPP adjusted	$1.1T	$70.2M
GNI per capita, PPP adjusted	$11k	$6.1k

Financial system and Human development

Stat	Philippines	Tuvalu
Income Tax Rate	35%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	5.2%	N/A
Inflation, GDP deflator	3.8%	4.9%
Unemployment	2.5%	8.5%
Economic Freedom Index	64.5	60
Personal Freedom Index	7.06	6.2
Human Freedom Index	6.92	6.1
Property Rights Index	54.6	N/A
Judical Effectiveness Index	34.2	N/A
Business Freedom Index	59.5	N/A
Fiscal Health Index	96.3	N/A
Labor Freedom Index	57.4	N/A
Investment Freedom Index	60	N/A
Financial Freedom Index	60	N/A
Trade Freedom Index	81.6	N/A
Monetary Freedom Index	66.9	N/A
Government Spending Index	87.9	N/A
Tax Burden Index	76.7	N/A
Government Integrity Index	38.7	N/A
Corruption Perceptions Index	36	48
Life expectancy at birth, years	71	66
Suicide mortality rate, per 100,000 people	3.2	1
Mortality caused by road traffic injury, per 100,000 people	12.3	0.2
Intentional homicides, per 100,000 people	8.4	18.7
International tourism, number of arrivals	7.2M	2.7k

Government debt & reserves

Stat	Philippines	Tuvalu
Central government debt, % of GDP	39.6%	N/A
External debt stocks, % of GNI	19.9%	N/A
External debt stocks	$78.8B	N/A
Short-term debt, % of total reserves	20.3%	N/A
Total debt service, % of exports and primary income	8.7%	N/A
Adjusted net savings including particulate emission damage, % of GNI	28.5%	N/A
Gross savings, % of GDP	42.4%	N/A
Gross capital formation, % of GDP	26.9%	N/A
Total reserves including gold	$79.2B	N/A
Foreign direct investment net inflows	$9.8B	$299k

Exports, imports and economic structure

Stat	Philippines	Tuvalu
Exports of goods and services, % of GDP	31.7%	N/A
Imports of goods and services, % of GDP	44.4%	N/A
Current account balance (balance of payments)	-$8.7B	$6.8M
Revenue excluding grants, % of GDP	16.3%	N/A
Grants excluding technical cooperation, BoP	$436.5M	$9.6M
Personal remittances received	$33.8B	$4M
Industry including construction value added, % of GDP	30.7%	7.3%
Agriculture, forestry and fishing value added, % of GDP	9.3%	16.5%
Charges for the use of intellectual property, payments BoP	$917M	N/A
Charges for the use of intellectual property, receipts BoP	$44.1M	$14k
Expense, % of GDP	14.9%	N/A
Government Expenditure, % of GDP	20.1%	N/A