Compare the economies of the countries

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Economy power of Micronesia & Tuvalu

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Micronesia vs Tuvalu

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Micronesia Tuvalu
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Micronesia is the abbreviated form of the Federated States of Micronesia. It is an island country divided into four states. All these states comprise around 607 islands. Their combined land coverage is about 702 square kilometers.  More about Micronesia Tuvalu is a Polynesian island of Oceania in the Pacific Ocean. Once, it also known as the Ellice Islands due to being a part of the British colonies. The country is located between Hawaii and Australia. Funafuti is both the capital and the largest city. Interestingly, Christianity dominates as a religion amongst the citizens. There are two official languages spoken in Tuvalu: English and Tuvaluan.  More about Tuvalu

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Micronesia Tuvalu
Position in the ranking of countries 174 (2023) 179 (2023)
GDP [US$] 460,000,000 62,280,311
Percentage of the other 738.6 % 13.5 %

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

Micronesia Tuvalu
Position in the ranking of countries 172 (2023) 177 (2023)
GNI [US$] 504,260,500 84,217,404
Percentage of the other 598.8 % 16.7 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Micronesia Tuvalu
Position in the ranking of countries 66 (2023) -
External balance [US$] -184,880,700 -
Percentage of the other - -

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

Micronesia Tuvalu
Position in the ranking of countries 66 (2023) -
Unemployment [%] - -
Percentage of the other - -

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(India)

Micronesia Tuvalu
Position in the ranking of countries 178 (2023) 191 (2023)
Population 112,630 9,816
Percentage of the other 1147.4 % 8.7 %

Population growth (annual %)

Density

Gender

Demography