Romania vs Tonga: Economic Indicators Comparison

Romania with a GDP of $239.6B ranked the 49th largest economy in the world, while Tonga ranked 190th with $450.4M. By GDP 5-years average growth and GDP per capita, Romania and Tonga ranked 42nd vs 89th and 64th vs 113th, respectively.

Gross Domestic Product & Income

StatRomaniaTonga
GDP$239.6B$450.4M
GDP growth, 1 year4.1%1.8%
GDP growth, 5-years average4.6%3%
Population19.6M108k
GDP per capita$12k$4.4k
GDP per capita growth4.56%-0.87%
Purchasing Power Parity conversion factor1.721.49
Price level ratio of PPP conversion factor GDP to market exchange rate0.440.68
GDP per capita, PPP adjusted$26k$6.1k
GNI, Atlas method$219.9B$443.3M
GNI per capita$11k$4.3k
GNI, PPP adjusted$535.9B$672.5M
GNI per capita, PPP adjusted$28k$6.5k

Financial system and Human development

StatRomaniaTonga
Income Tax Rate10%20%
Corporate Tax Rate16%25%
Inflation, consumer prices4.6%3.9%
Inflation, GDP deflator5.9%3.6%
Unemployment4.3%1%
Economic Freedom Index69.758.8
Personal Freedom Index8.745.6
Human Freedom Index85.6
Property Rights Index72.560.9
Judical Effectiveness Index56.126.5
Business Freedom Index58.675
Fiscal Health Index85.695.2
Labor Freedom Index6369.8
Investment Freedom Index7040
Financial Freedom Index5020
Trade Freedom Index86.474
Monetary Freedom Index78.171.4
Government Spending Index70.442.8
Tax Burden Index90.385.2
Government Integrity Index55.144.2
Corruption Perceptions Index4750
Life expectancy at birth, years75.370.7
Suicide mortality rate, per 100,000 people10.43.5
Mortality caused by road traffic injury, per 100,000 people10.316.8
Intentional homicides, per 100,000 people1.51
International tourism, number of arrivals11.7M54k

Government debt & reserves

StatRomaniaTonga
Central government debt, % of GDP36.6%49.2%
External debt stocks, % of GNI48%41.3%
External debt stocks$112.1B$188.7M
Short-term debt, % of total reserves37.7%0%
Total debt service, % of exports and primary income20.8%7.2%
Adjusted net savings including particulate emission damage, % of GNI3.4%9.3%
Gross savings, % of GDP19.7%16.5%
Gross capital formation, % of GDP24.2%33.4%
Total reserves including gold$42.1B$227.2M
Foreign direct investment net inflows$7.3B$15M

Exports, imports and economic structure

StatRomaniaTonga
Exports of goods and services, % of GDP41.6%22.3%
Imports of goods and services, % of GDP44.9%75.9%
Current account balance (balance of payments)-$10.9B-$28.6M
Revenue excluding grants, % of GDP28.6%25.6%
Grants excluding technical cooperation, BoP$736M$64.2M
Personal remittances received$7B$183.3M
Industry including construction value added, % of GDP29%17.3%
Agriculture, forestry and fishing value added, % of GDP4.3%17.2%
Charges for the use of intellectual property, payments BoP$962.4M$183
Charges for the use of intellectual property, receipts BoP$100.8M$2.3k
Expense, % of GDP31.6%31.4%
Government Expenditure, % of GDP31.4%43.7%

Compare with countries close by GDP per capita

Romania vs

CountryGDP
per capita
Population
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M

Tonga vs

CountryGDP
per capita
Population
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M