Saudi Arabia vs Tuvalu: Economic Indicators Comparison

Saudi Arabia with a GDP of $786.5B ranked the 18th largest economy in the world, while Tuvalu ranked 196th with $42.6M. By GDP per capita, Saudi Arabia and Tuvalu ranked 41st vs 124th, respectively.

Gross Domestic Product & Income

Stat	Saudi Arabia	Tuvalu
GDP	$786.5B	$42.6M
GDP growth, 1 year	2.2%	2.5%
GDP growth, 5-years average	2.2%	N/A
Population	33M	11k
GDP per capita	$23k	$3.7k
GDP per capita growth	0.61%	1.27%
Purchasing Power Parity conversion factor	1.58	1.22
Price level ratio of PPP conversion factor GDP to market exchange rate	0.42	0.91
GDP per capita, PPP adjusted	$56k	$4k
GNI, Atlas method	$727.8B	$62.5M
GNI per capita	$22k	$5.4k
GNI, PPP adjusted	$1.9T	$70.2M
GNI per capita, PPP adjusted	$56k	$6.1k

Financial system and Human development

Stat	Saudi Arabia	Tuvalu
Income Tax Rate	2.5%	N/A
Corporate Tax Rate	2.5%	N/A
Inflation, consumer prices	2.5%	N/A
Inflation, GDP deflator	11.5%	4.9%
Unemployment	5.9%	8.5%
Economic Freedom Index	62.4	60
Personal Freedom Index	4.65	6.2
Human Freedom Index	5.66	6.1
Property Rights Index	64.6	N/A
Judical Effectiveness Index	72.3	N/A
Business Freedom Index	66.6	N/A
Fiscal Health Index	19.3	N/A
Labor Freedom Index	63.3	N/A
Investment Freedom Index	45	N/A
Financial Freedom Index	50	N/A
Trade Freedom Index	75.4	N/A
Monetary Freedom Index	81	N/A
Government Spending Index	61.8	N/A
Tax Burden Index	99.8	N/A
Government Integrity Index	49.6	N/A
Corruption Perceptions Index	49	48
Life expectancy at birth, years	74.9	66
Suicide mortality rate, per 100,000 people	3.2	1
Mortality caused by road traffic injury, per 100,000 people	28.8	0.2
Intentional homicides, per 100,000 people	1.3	18.7
International tourism, number of arrivals	15.3M	2.7k

Government debt & reserves

Stat	Saudi Arabia	Tuvalu
Central government debt, % of GDP	19.1%	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	13.4%	N/A
Gross savings, % of GDP	33.2%	N/A
Gross capital formation, % of GDP	24.2%	N/A
Total reserves including gold	$509.5B	N/A
Foreign direct investment net inflows	$4.2B	$299k

Exports, imports and economic structure

Stat	Saudi Arabia	Tuvalu
Exports of goods and services, % of GDP	39.9%	N/A
Imports of goods and services, % of GDP	26.7%	N/A
Current account balance (balance of payments)	$70.6B	$6.8M
Revenue excluding grants, % of GDP	26.8%	N/A
Grants excluding technical cooperation, BoP	$290k	$9.6M
Personal remittances received	$334.9M	$4M
Industry including construction value added, % of GDP	49.5%	7.3%
Agriculture, forestry and fishing value added, % of GDP	2.2%	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	28%	N/A
Government Expenditure, % of GDP	35.7%	N/A