Sweden vs Tuvalu: Economic Indicators Comparison

Sweden with a GDP of $556.1B ranked the 23rd largest economy in the world, while Tuvalu ranked 196th with $42.6M. By GDP per capita, Sweden and Tuvalu ranked 14th vs 124th, respectively.

Gross Domestic Product & Income

Stat	Sweden	Tuvalu
GDP	$556.1B	$42.6M
GDP growth, 1 year	2.3%	2.5%
GDP growth, 5-years average	2.8%	N/A
Population	10.3M	11k
GDP per capita	$55k	$3.7k
GDP per capita growth	0.97%	1.27%
Purchasing Power Parity conversion factor	8.92	1.22
Price level ratio of PPP conversion factor GDP to market exchange rate	1.03	0.91
GDP per capita, PPP adjusted	$53k	$4k
GNI, Atlas method	$565.1B	$62.5M
GNI per capita	$55k	$5.4k
GNI, PPP adjusted	$550.2B	$70.2M
GNI per capita, PPP adjusted	$54k	$6.1k

Financial system and Human development

Stat	Sweden	Tuvalu
Income Tax Rate	57%	N/A
Corporate Tax Rate	21.4%	N/A
Inflation, consumer prices	2%	N/A
Inflation, GDP deflator	2.3%	4.9%
Unemployment	6.4%	8.5%
Economic Freedom Index	74.9	60
Personal Freedom Index	9.37	6.2
Human Freedom Index	8.48	6.1
Property Rights Index	88.8	N/A
Judical Effectiveness Index	79.9	N/A
Business Freedom Index	85.3	N/A
Fiscal Health Index	97	N/A
Labor Freedom Index	53.8	N/A
Investment Freedom Index	85	N/A
Financial Freedom Index	80	N/A
Trade Freedom Index	86.4	N/A
Monetary Freedom Index	81.2	N/A
Government Spending Index	25.8	N/A
Tax Burden Index	43.6	N/A
Government Integrity Index	91.4	N/A
Corruption Perceptions Index	85	48
Life expectancy at birth, years	82.3	66
Suicide mortality rate, per 100,000 people	14.8	1
Mortality caused by road traffic injury, per 100,000 people	2.8	0.2
Intentional homicides, per 100,000 people	1.1	18.7
International tourism, number of arrivals	7.4M	2.7k

Government debt & reserves

Stat	Sweden	Tuvalu
Central government debt, % of GDP	39%	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	19.1%	N/A
Gross savings, % of GDP	29.2%	N/A
Gross capital formation, % of GDP	26.8%	N/A
Total reserves including gold	$60.6B	N/A
Foreign direct investment net inflows	$9B	$299k

Exports, imports and economic structure

Stat	Sweden	Tuvalu
Exports of goods and services, % of GDP	45.8%	N/A
Imports of goods and services, % of GDP	43.3%	N/A
Current account balance (balance of payments)	$9.5B	$6.8M
Revenue excluding grants, % of GDP	32.8%	N/A
Grants excluding technical cooperation, BoP	N/A	$9.6M
Personal remittances received	$3.1B	$4M
Industry including construction value added, % of GDP	22.6%	7.3%
Agriculture, forestry and fishing value added, % of GDP	1.4%	16.5%
Charges for the use of intellectual property, payments BoP	$4.9B	N/A
Charges for the use of intellectual property, receipts BoP	$7.4B	$14k
Expense, % of GDP	31.1%	N/A
Government Expenditure, % of GDP	49.7%	N/A