Singapore vs Tuvalu: Economic Indicators Comparison

Singapore with a GDP of $364.2B ranked the 36th largest economy in the world, while Tuvalu ranked 196th with $42.6M. By GDP per capita, Singapore and Tuvalu ranked 10th vs 124th, respectively.

Gross Domestic Product & Income

Stat	Singapore	Tuvalu
GDP	$364.2B	$42.6M
GDP growth, 1 year	3.2%	2.5%
GDP growth, 5-years average	3.3%	N/A
Population	5.9M	11k
GDP per capita	$65k	$3.7k
GDP per capita growth	2.66%	1.27%
Purchasing Power Parity conversion factor	0.86	1.22
Price level ratio of PPP conversion factor GDP to market exchange rate	0.64	0.91
GDP per capita, PPP adjusted	$100k	$4k
GNI, Atlas method	$331.4B	$62.5M
GNI per capita	$59k	$5.4k
GNI, PPP adjusted	$533.8B	$70.2M
GNI per capita, PPP adjusted	$95k	$6.1k

Financial system and Human development

Stat	Singapore	Tuvalu
Income Tax Rate	22%	N/A
Corporate Tax Rate	17%	N/A
Inflation, consumer prices	0.4%	N/A
Inflation, GDP deflator	1.9%	4.9%
Unemployment	3.8%	8.5%
Economic Freedom Index	89.4	60
Personal Freedom Index	7.44	6.2
Human Freedom Index	8.1	6.1
Property Rights Index	96.8	N/A
Judical Effectiveness Index	92.9	N/A
Business Freedom Index	92.8	N/A
Fiscal Health Index	80	N/A
Labor Freedom Index	90.9	N/A
Investment Freedom Index	85	N/A
Financial Freedom Index	80	N/A
Trade Freedom Index	94.8	N/A
Monetary Freedom Index	85.6	N/A
Government Spending Index	91.1	N/A
Tax Burden Index	90.3	N/A
Government Integrity Index	92.4	N/A
Corruption Perceptions Index	85	48
Life expectancy at birth, years	82.9	66
Suicide mortality rate, per 100,000 people	9.9	1
Mortality caused by road traffic injury, per 100,000 people	2.8	0.2
Intentional homicides, per 100,000 people	0.2	18.7
International tourism, number of arrivals	14.7M	2.7k

Government debt & reserves

Stat	Singapore	Tuvalu
Central government debt, % of GDP	108.3%	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	36.8%	N/A
Gross savings, % of GDP	45.8%	N/A
Gross capital formation, % of GDP	26.6%	N/A
Total reserves including gold	$292.7B	N/A
Foreign direct investment net inflows	$82B	$299k

Exports, imports and economic structure

Stat	Singapore	Tuvalu
Exports of goods and services, % of GDP	176.4%	N/A
Imports of goods and services, % of GDP	149.8%	N/A
Current account balance (balance of payments)	$65.1B	$6.8M
Revenue excluding grants, % of GDP	18.8%	N/A
Grants excluding technical cooperation, BoP	$1.6M	$9.6M
Personal remittances received	N/A	$4M
Industry including construction value added, % of GDP	25.2%	7.3%
Agriculture, forestry and fishing value added, % of GDP	0%	16.5%
Charges for the use of intellectual property, payments BoP	$15.2B	N/A
Charges for the use of intellectual property, receipts BoP	$8.7B	$14k
Expense, % of GDP	15.2%	N/A
Government Expenditure, % of GDP	17.2%	N/A