Tonga vs Tuvalu: Economic Indicators Comparison

Tonga with a GDP of $450.4M ranked the 190th largest economy in the world, while Tuvalu ranked 196th with $42.6M. By GDP per capita, Tonga and Tuvalu ranked 113th vs 124th, respectively.

Gross Domestic Product & Income

Stat	Tonga	Tuvalu
GDP	$450.4M	$42.6M
GDP growth, 1 year	1.8%	2.5%
GDP growth, 5-years average	3%	N/A
Population	108k	11k
GDP per capita	$4.4k	$3.7k
GDP per capita growth	-0.87%	1.27%
Purchasing Power Parity conversion factor	1.49	1.22
Price level ratio of PPP conversion factor GDP to market exchange rate	0.68	0.91
GDP per capita, PPP adjusted	$6.1k	$4k
GNI, Atlas method	$443.3M	$62.5M
GNI per capita	$4.3k	$5.4k
GNI, PPP adjusted	$672.5M	$70.2M
GNI per capita, PPP adjusted	$6.5k	$6.1k

Financial system and Human development

Stat	Tonga	Tuvalu
Income Tax Rate	20%	N/A
Corporate Tax Rate	25%	N/A
Inflation, consumer prices	3.9%	N/A
Inflation, GDP deflator	3.6%	4.9%
Unemployment	1%	8.5%
Economic Freedom Index	58.8	60
Personal Freedom Index	5.6	6.2
Human Freedom Index	5.6	6.1
Property Rights Index	60.9	N/A
Judical Effectiveness Index	26.5	N/A
Business Freedom Index	75	N/A
Fiscal Health Index	95.2	N/A
Labor Freedom Index	69.8	N/A
Investment Freedom Index	40	N/A
Financial Freedom Index	20	N/A
Trade Freedom Index	74	N/A
Monetary Freedom Index	71.4	N/A
Government Spending Index	42.8	N/A
Tax Burden Index	85.2	N/A
Government Integrity Index	44.2	N/A
Corruption Perceptions Index	50	48
Life expectancy at birth, years	70.7	66
Suicide mortality rate, per 100,000 people	3.5	1
Mortality caused by road traffic injury, per 100,000 people	16.8	0.2
Intentional homicides, per 100,000 people	1	18.7
International tourism, number of arrivals	54k	2.7k

Government debt & reserves

Stat	Tonga	Tuvalu
Central government debt, % of GDP	49.2%	N/A
External debt stocks, % of GNI	41.3%	N/A
External debt stocks	$188.7M	N/A
Short-term debt, % of total reserves	0%	N/A
Total debt service, % of exports and primary income	7.2%	N/A
Adjusted net savings including particulate emission damage, % of GNI	9.3%	N/A
Gross savings, % of GDP	16.5%	N/A
Gross capital formation, % of GDP	33.4%	N/A
Total reserves including gold	$227.2M	N/A
Foreign direct investment net inflows	$15M	$299k

Exports, imports and economic structure

Stat	Tonga	Tuvalu
Exports of goods and services, % of GDP	22.3%	N/A
Imports of goods and services, % of GDP	75.9%	N/A
Current account balance (balance of payments)	-$28.6M	$6.8M
Revenue excluding grants, % of GDP	25.6%	N/A
Grants excluding technical cooperation, BoP	$64.2M	$9.6M
Personal remittances received	$183.3M	$4M
Industry including construction value added, % of GDP	17.3%	7.3%
Agriculture, forestry and fishing value added, % of GDP	17.2%	16.5%
Charges for the use of intellectual property, payments BoP	$183	N/A
Charges for the use of intellectual property, receipts BoP	$2.3k	$14k
Expense, % of GDP	31.4%	N/A
Government Expenditure, % of GDP	43.7%	N/A