Saudi Arabia vs Tonga: Economic Indicators Comparison

Saudi Arabia with a GDP of $786.5B ranked the 18th largest economy in the world, while Tonga ranked 190th with $450.4M. By GDP 5-years average growth and GDP per capita, Saudi Arabia and Tonga ranked 124th vs 89th and 41st vs 113th, respectively.

Gross Domestic Product & Income

StatSaudi ArabiaTonga
GDP$786.5B$450.4M
GDP growth, 1 year2.2%1.8%
GDP growth, 5-years average2.2%3%
Population33M108k
GDP per capita$23k$4.4k
GDP per capita growth0.61%-0.87%
Purchasing Power Parity conversion factor1.581.49
Price level ratio of PPP conversion factor GDP to market exchange rate0.420.68
GDP per capita, PPP adjusted$56k$6.1k
GNI, Atlas method$727.8B$443.3M
GNI per capita$22k$4.3k
GNI, PPP adjusted$1.9T$672.5M
GNI per capita, PPP adjusted$56k$6.5k

Financial system and Human development

StatSaudi ArabiaTonga
Income Tax Rate2.5%20%
Corporate Tax Rate2.5%25%
Inflation, consumer prices2.5%3.9%
Inflation, GDP deflator11.5%3.6%
Unemployment5.9%1%
Economic Freedom Index62.458.8
Personal Freedom Index4.655.6
Human Freedom Index5.665.6
Property Rights Index64.660.9
Judical Effectiveness Index72.326.5
Business Freedom Index66.675
Fiscal Health Index19.395.2
Labor Freedom Index63.369.8
Investment Freedom Index4540
Financial Freedom Index5020
Trade Freedom Index75.474
Monetary Freedom Index8171.4
Government Spending Index61.842.8
Tax Burden Index99.885.2
Government Integrity Index49.644.2
Corruption Perceptions Index4950
Life expectancy at birth, years74.970.7
Suicide mortality rate, per 100,000 people3.23.5
Mortality caused by road traffic injury, per 100,000 people28.816.8
Intentional homicides, per 100,000 people1.31
International tourism, number of arrivals15.3M54k

Government debt & reserves

StatSaudi ArabiaTonga
Central government debt, % of GDP19.1%49.2%
External debt stocks, % of GNIN/A41.3%
External debt stocksN/A$188.7M
Short-term debt, % of total reservesN/A0%
Total debt service, % of exports and primary incomeN/A7.2%
Adjusted net savings including particulate emission damage, % of GNI13.4%9.3%
Gross savings, % of GDP33.2%16.5%
Gross capital formation, % of GDP24.2%33.4%
Total reserves including gold$509.5B$227.2M
Foreign direct investment net inflows$4.2B$15M

Exports, imports and economic structure

StatSaudi ArabiaTonga
Exports of goods and services, % of GDP39.9%22.3%
Imports of goods and services, % of GDP26.7%75.9%
Current account balance (balance of payments)$70.6B-$28.6M
Revenue excluding grants, % of GDP26.8%25.6%
Grants excluding technical cooperation, BoP$290k$64.2M
Personal remittances received$334.9M$183.3M
Industry including construction value added, % of GDP49.5%17.3%
Agriculture, forestry and fishing value added, % of GDP2.2%17.2%
Charges for the use of intellectual property, payments BoPN/A$183
Charges for the use of intellectual property, receipts BoPN/A$2.3k
Expense, % of GDP28%31.4%
Government Expenditure, % of GDP35.7%43.7%

Compare with countries close by GDP per capita

Saudi Arabia vs

CountryGDP
per capita
Population
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
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

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