Thailand vs Tonga: Economic Indicators Comparison

Thailand with a GDP of $505B ranked the 26th largest economy in the world, while Tonga ranked 190th with $450.4M. By GDP 5-years average growth and GDP per capita, Thailand and Tonga ranked 86th vs 89th and 89th vs 113th, respectively.

Gross Domestic Product & Income

StatThailandTonga
GDP$505B$450.4M
GDP growth, 1 year4.1%1.8%
GDP growth, 5-years average3.1%3%
Population65.9M108k
GDP per capita$7.3k$4.4k
GDP per capita growth3.8%-0.87%
Purchasing Power Parity conversion factor12.341.49
Price level ratio of PPP conversion factor GDP to market exchange rate0.380.68
GDP per capita, PPP adjusted$19k$6.1k
GNI, Atlas method$458.7B$443.3M
GNI per capita$6.6k$4.3k
GNI, PPP adjusted$1.3T$672.5M
GNI per capita, PPP adjusted$18k$6.5k

Financial system and Human development

StatThailandTonga
Income Tax Rate35%20%
Corporate Tax Rate20%25%
Inflation, consumer prices1.1%3.9%
Inflation, GDP deflator1.4%3.6%
Unemployment0.7%1%
Economic Freedom Index69.458.8
Personal Freedom Index7.425.6
Human Freedom Index7.115.6
Property Rights Index59.560.9
Judical Effectiveness Index4826.5
Business Freedom Index8375
Fiscal Health Index96.495.2
Labor Freedom Index63.769.8
Investment Freedom Index5540
Financial Freedom Index6020
Trade Freedom Index8374
Monetary Freedom Index7471.4
Government Spending Index85.942.8
Tax Burden Index80.785.2
Government Integrity Index43.444.2
Corruption Perceptions Index3650
Life expectancy at birth, years76.770.7
Suicide mortality rate, per 100,000 people14.43.5
Mortality caused by road traffic injury, per 100,000 people32.716.8
Intentional homicides, per 100,000 people3.21
International tourism, number of arrivals38.2M54k

Government debt & reserves

StatThailandTonga
Central government debt, % of GDP42.1%49.2%
External debt stocks, % of GNI35.1%41.3%
External debt stocks$169.2B$188.7M
Short-term debt, % of total reserves29.3%0%
Total debt service, % of exports and primary income5.4%7.2%
Adjusted net savings including particulate emission damage, % of GNI14%9.3%
Gross savings, % of GDP32.2%16.5%
Gross capital formation, % of GDP25%33.4%
Total reserves including gold$205.6B$227.2M
Foreign direct investment net inflows$13.4B$15M

Exports, imports and economic structure

StatThailandTonga
Exports of goods and services, % of GDP66.8%22.3%
Imports of goods and services, % of GDP56.5%75.9%
Current account balance (balance of payments)$32.4B-$28.6M
Revenue excluding grants, % of GDP19.5%25.6%
Grants excluding technical cooperation, BoP$90.4M$64.2M
Personal remittances received$7.5B$183.3M
Industry including construction value added, % of GDP35%17.3%
Agriculture, forestry and fishing value added, % of GDP8.1%17.2%
Charges for the use of intellectual property, payments BoP$5.3B$183
Charges for the use of intellectual property, receipts BoP$163M$2.3k
Expense, % of GDP18.5%31.4%
Government Expenditure, % of GDP21.7%43.7%

Compare with countries close by GDP per capita

Thailand vs

CountryGDP
per capita
Population
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
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

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