Unemployment

3.8%

-0.4

Unemployment

4.0%

0.1

CPI

4.7%

0.0

CPI

7.2%

-0.2

CPI

0.8%

-0.2

CPI

2.2%

0.0

CPI

3.6%

0.3

Unemployment

2.6%

0.3

  1. Countries data: Demographic and economy

Country comparison Norway vs Tuvalu

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Merchandise Exports %GDP Norway vs Tuvalu comparison
 
Gouvernement
Qu. GDP Per Capita [+]2024Q120,279K
Annual GDP [+]2023€448,717Mchart€56M2022Annual GDP [+]
Annual GDP [+]2023$485,311Mchart$59M2022Annual GDP [+]
GDP per capita [+]2023€80,970chart€5,0112022GDP per capita [+]
GDP per capita [+]2023$88,415chart$5,2722022GDP per capita [+]
Quarterly GDP [+]2024Q1€111,309M
Debt (M.€.) [+]2022204,093chart62022Debt (M.€.) [+]
Debt ($M) [+]2022215,089chart62022Debt ($M) [+]
Debt (%GDP) [+]202237.12%chart10.07%2022Debt (%GDP) [+]
Debt Per Capita [+]2022€37,182chart€5292022Debt Per Capita [+]
Debt Per Capita [+]2022$39,186chart$5582022Debt Per Capita [+]
Deficit (M.€) [+]202373,243chart52022Deficit (M.€) [+]
Deficit ($M) [+]202379,198chart52022Deficit ($M) [+]
Deficit (%GDP) [+]202316.30%chart8.75%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]2023208,929.1chart66.52022Expenditure (M.€) [+]
Expenditure ($M) [+]2023225,915.0chart70.12022Expenditure ($M) [+]
Education Expenditure (M.€) [+]202222,431.4
Education Expenditure ($M) [+]202223,571.0chart0.51997Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202210.12%
Gov. Health Exp. (M.€) [+]202237,286,216,122.6chart5.22021Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202142,437.0chart6.12021Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202217.82%chart8.20%2021Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20229,253.2
Defence Expenditure ($M) [+]20229,723.3
Defence Expenditure (%Bud.) [+]20223.78%
Expenditure (%GDP) [+]202346.50%chart119.18%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€38,063chart€5,9372022Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$41,158chart$6,2572022Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€4,111
Education Expenditure P.C [+]2022$4,201chart$491997Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€6,873chart€4602021Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$7,448chart$5442021Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€1,696
Defence Expenditure P.C. [+]2022$1,733
Moody's Rating [+]05/06/2022Aaa
S&P Rating [+]07/09/1975AAA
Fitch Rating [+]02/28/2020AAA
Corruption Index [+]202284
Competitiveness Ranking [+]201917º
Fragile States Index [+]201818.3
RTI Raking [+]202281º
Innovation Ranking [+]201819º
Labour
Unemployment Rate [+]April 20244.3%
Unemployment rate [+]2023Q43.5%
Unemployed [+]2023Q4106K
Average Wage [+]2023$68,871
Average Wage [+]2023€63,693
Human Capital Ranking [+]20171º
Markets
Euro / Norwegian krones [+]06/10/202411.5120
US Dollar exchange rate [+]05/31/202410.5175
10-Year Bond Yield [+]06/10/20243.68%
Risk Premium [+]06/10/2024101
Stock ExchangeYTD % [+]06/10/20248.62%
Prices
CPI (overall index) [+]December 20234.8%
HICP [+]April 20243.4%
PPI Year on Year [+]April 20243.1%
Money Market
Key rates [+]12/15/20234.50%
Business
Doing Business [+]20209º
IPI Year on Year [+]April 20243.5%
Passengers vehicles Year [+]December 2022174,329
Annual Vehicles/ 1,000 p. [+]December 202238.26
Vehicles / 1,000 people [+]2021634.33
Taxes
Tax Revenue (%GDP) [+]202341.6%
Standard VAT [+]01/01/200625.00%
Top tax rate + SSC [+]202247.4%
Trade
Annual arrivals [+]20195,879,000chart2,7002018Annual arrivals [+]
Exports [+]2023€164,256.8Mchart€0.0M2023Exports [+]
Exports [+]2023$173,906.1Mchart$0.0M2023Exports [+]
Exports % GDP [+]202336.61%chart0.09%2022Exports % GDP [+]
Imports [+]2023€89,425.4Mchart€22.8M2023Imports [+]
Imports [+]2023$95,292.4Mchart$24.7M2023Imports [+]
Imports % GDP [+]202319.93%chart57.01%2022Imports % GDP [+]
Trade balance [+]2023€74,831.4Mchart€-22.8M2023Trade balance [+]
Trade balance [+]2023$78,613.7Mchart$-24.7M2023Trade balance [+]
Trade balance % GDP [+]202316.68%chart-56.93%2022Trade balance % GDP [+]
Retail Sales YoY [+]December 2023-3.9%
Socio-Demography
Global AgeWatch Ranking [+]20152º
Density [+]20229chart3732021Density [+]
Global Peace Ranking [+]202324º
Crude divorce rate [+]20201.80‰
Remittance received ($M) [+]2017614.1chart4.32017Remittance received ($M) [+]
% Immigrant [+]202015.81%chart2.16%2020% Immigrant [+]
% Emigrant [+]20203.55%chart33.16%2020% Emigrant [+]
Birth Rate [+]20229.40‰chart23.32‰2022Birth Rate [+]
Remittance sent ($M) [+]20172,237.9chart0.22017Remittance sent ($M) [+]
Crude death rate [+]20228.40‰chart10.10‰2022Crude death rate [+]
Fertility Rate [+]20221.41chart3.142022Fertility Rate [+]
Crude marriage rate [+]20203.30‰
% risk of poverty [+]202311.5%chart26.3%2010% risk of poverty [+]
Population [+]20225,488,984chart11,2042021Population [+]
Immigrant stock [+]2020852,238chart2392020Immigrant stock [+]
Emigrant stock [+]2020191,392chart3,6702020Emigrant stock [+]
HDI [+]20210.961chart0.6412021HDI [+]
Gender Gap Ranking [+]20232º
Life expectancy [+]202383.10chart64.852022Life expectancy [+]
Suicides [+]2021657
Suicide rate [+]202111.93
Number of homicides [+]202230chart02019Number of homicides [+]
Rate Homicides per 100.000 [+]20220.55chart02019Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20227.62
Annual crude oil production [+]20231,814
Crude Oil Reserves [+]20218,122.2
Consumption GWh [+]2022121,899
Generation GWh [+]2022143,383
Others
COVID-19 - Deaths [+]05/26/20245,732chart105/26/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]05/26/20241,507,899chart2,94305/26/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]11/13/20224,054,726chart9,50502/01/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]05/26/20241,044.27chart89.2505/26/2024COVID-19 - Deaths per million population [+]
Doses administered [+]11/13/202212,145,560chart26,78302/01/2023Doses administered [+]
Norway
Tuvalu