Sri Lanka vs Tonga: Economic Indicators Comparison

Sri Lanka with a GDP of $88.9B ranked the 65th largest economy in the world, while Tonga ranked 190th with $450.4M. By GDP 5-years average growth and GDP per capita, Sri Lanka and Tonga ranked 51st vs 89th and 120th vs 113th, respectively.

Gross Domestic Product & Income

StatSri LankaTonga
GDP$88.9B$450.4M
GDP growth, 1 year3%1.8%
GDP growth, 5-years average4.2%3%
Population21.4M108k
GDP per capita$4.1k$4.4k
GDP per capita growth2.13%-0.87%
Purchasing Power Parity conversion factor49.491.49
Price level ratio of PPP conversion factor GDP to market exchange rate0.30.68
GDP per capita, PPP adjusted$13k$6.1k
GNI, Atlas method$87.9B$443.3M
GNI per capita$4.1k$4.3k
GNI, PPP adjusted$284.1B$672.5M
GNI per capita, PPP adjusted$13k$6.5k

Financial system and Human development

StatSri LankaTonga
Income Tax Rate24%20%
Corporate Tax Rate28%25%
Inflation, consumer prices4.3%3.9%
Inflation, GDP deflator4.3%3.6%
Unemployment4.4%1%
Economic Freedom Index57.458.8
Personal Freedom Index5.245.6
Human Freedom Index5.695.6
Property Rights Index47.760.9
Judical Effectiveness Index39.226.5
Business Freedom Index76.575
Fiscal Health Index39.395.2
Labor Freedom Index58.669.8
Investment Freedom Index4040
Financial Freedom Index4020
Trade Freedom Index67.674
Monetary Freedom Index71.171.4
Government Spending Index88.942.8
Tax Burden Index84.885.2
Government Integrity Index34.744.2
Corruption Perceptions Index3850
Life expectancy at birth, years76.670.7
Suicide mortality rate, per 100,000 people14.63.5
Mortality caused by road traffic injury, per 100,000 people14.916.8
Intentional homicides, per 100,000 people2.31
International tourism, number of arrivals2.3M54k

Government debt & reserves

StatSri LankaTonga
Central government debt, % of GDP84.1%49.2%
External debt stocks, % of GNI60.8%41.3%
External debt stocks$52.6B$188.7M
Short-term debt, % of total reserves118.2%0%
Total debt service, % of exports and primary income36%7.2%
Adjusted net savings including particulate emission damage, % of GNI28.5%9.3%
Gross savings, % of GDP25.5%16.5%
Gross capital formation, % of GDP28.6%33.4%
Total reserves including gold$6.9B$227.2M
Foreign direct investment net inflows$1.6B$15M

Exports, imports and economic structure

StatSri LankaTonga
Exports of goods and services, % of GDP22.8%22.3%
Imports of goods and services, % of GDP30.1%75.9%
Current account balance (balance of payments)-$2.8B-$28.6M
Revenue excluding grants, % of GDP13.3%25.6%
Grants excluding technical cooperation, BoP$182.6M$64.2M
Personal remittances received$7B$183.3M
Industry including construction value added, % of GDP27%17.3%
Agriculture, forestry and fishing value added, % of GDP7.9%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 GDP16.2%31.4%
Government Expenditure, % of GDP19.2%43.7%

Compare with countries close by GDP per capita

Sri Lanka vs

CountryGDP
per capita
Population
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
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
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k

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
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
Bhutan
$3.2k
808k