Trinidad and Tobago vs Tuvalu: Economic Indicators Comparison

Trinidad and Tobago with a GDP of $23.8B ranked the 113th largest economy in the world, while Tuvalu ranked 196th with $42.6M. By GDP per capita, Trinidad and Tobago and Tuvalu ranked 53rd vs 124th, respectively.

Gross Domestic Product & Income

Stat	Trinidad and Tobago	Tuvalu
GDP	$23.8B	$42.6M
GDP growth, 1 year	0.3%	2.5%
GDP growth, 5-years average	-1.5%	N/A
Population	1.4M	11k
GDP per capita	$17k	$3.7k
GDP per capita growth	-0.66%	1.27%
Purchasing Power Parity conversion factor	3.62	1.22
Price level ratio of PPP conversion factor GDP to market exchange rate	0.54	0.91
GDP per capita, PPP adjusted	$32k	$4k
GNI, Atlas method	$22.2B	$62.5M
GNI per capita	$16k	$5.4k
GNI, PPP adjusted	$43.1B	$70.2M
GNI per capita, PPP adjusted	$31k	$6.1k

Financial system and Human development

Stat	Trinidad and Tobago	Tuvalu
Income Tax Rate	25%	N/A
Corporate Tax Rate	25%	N/A
Inflation, consumer prices	1.1%	N/A
Inflation, GDP deflator	6.1%	4.9%
Unemployment	2.8%	8.5%
Economic Freedom Index	58.3	60
Personal Freedom Index	6.88	6.2
Human Freedom Index	6.81	6.1
Property Rights Index	56.6	N/A
Judical Effectiveness Index	42.1	N/A
Business Freedom Index	67.3	N/A
Fiscal Health Index	15.9	N/A
Labor Freedom Index	76	N/A
Investment Freedom Index	60	N/A
Financial Freedom Index	50	N/A
Trade Freedom Index	67.8	N/A
Monetary Freedom Index	77.4	N/A
Government Spending Index	66.5	N/A
Tax Burden Index	82.6	N/A
Government Integrity Index	37.4	N/A
Corruption Perceptions Index	41	48
Life expectancy at birth, years	73.2	66
Suicide mortality rate, per 100,000 people	13.6	1
Mortality caused by road traffic injury, per 100,000 people	12.1	0.2
Intentional homicides, per 100,000 people	30.9	18.7
International tourism, number of arrivals	375k	2.7k

Government debt & reserves

Stat	Trinidad and Tobago	Tuvalu
Central government debt, % of GDP	45.3%	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	N/A	N/A
Gross savings, % of GDP	N/A	N/A
Gross capital formation, % of GDP	N/A	N/A
Total reserves including gold	$8.1B	N/A
Foreign direct investment net inflows	-$602.5M	$299k

Exports, imports and economic structure

Stat	Trinidad and Tobago	Tuvalu
Exports of goods and services, % of GDP	N/A	N/A
Imports of goods and services, % of GDP	N/A	N/A
Current account balance (balance of payments)	$1.2B	$6.8M
Revenue excluding grants, % of GDP	38.4%	N/A
Grants excluding technical cooperation, BoP	$2.4M	$9.6M
Personal remittances received	$138.7M	$4M
Industry including construction value added, % of GDP	42%	7.3%
Agriculture, forestry and fishing value added, % of GDP	1%	16.5%
Charges for the use of intellectual property, payments BoP	$63.9M	N/A
Charges for the use of intellectual property, receipts BoP	$882k	$14k
Expense, % of GDP	35.9%	N/A
Government Expenditure, % of GDP	33.4%	N/A