Albania vs the Marshall Islands: Economic Indicators Comparison

Albania with a GDP of $15.1B ranked the 123rd largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Albania and the Marshall Islands ranked 107th vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Albania	Marshall Islands
GDP	$15.1B	$221.3M
GDP growth, 1 year	4.2%	3.62%
GDP growth, 5-years average	3.1%	N/A
Population	3M	53k
GDP per capita	$5.3k	$3.8k
GDP per capita growth	4.4%	2.99%
Purchasing Power Parity conversion factor	42.57	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	0.39	0.95
GDP per capita, PPP adjusted	$13k	$4k
GNI, Atlas method	$13.9B	$283.7M
GNI per capita	$4.9k	$4.9k
GNI, PPP adjusted	$38.3B	$297.6M
GNI per capita, PPP adjusted	$13k	$5.1k

Financial system and Human development

Stat	Albania	Marshall Islands
Income Tax Rate	23%	N/A
Corporate Tax Rate	15%	N/A
Inflation, consumer prices	2%	N/A
Inflation, GDP deflator	0.9%	0.3%
Unemployment	13.9%	4.7%
Economic Freedom Index	66.9	58
Personal Freedom Index	8.07	6.2
Human Freedom Index	7.68	6.2
Property Rights Index	57.1	N/A
Judical Effectiveness Index	33	N/A
Business Freedom Index	65.7	N/A
Fiscal Health Index	86.3	N/A
Labor Freedom Index	52.1	N/A
Investment Freedom Index	70	N/A
Financial Freedom Index	70	N/A
Trade Freedom Index	88.4	N/A
Monetary Freedom Index	81.2	N/A
Government Spending Index	74.6	N/A
Tax Burden Index	85.9	N/A
Government Integrity Index	38.8	N/A
Corruption Perceptions Index	36	64
Life expectancy at birth, years	78.3	65.2
Suicide mortality rate, per 100,000 people	6.3	1
Mortality caused by road traffic injury, per 100,000 people	13.6	5.7
Intentional homicides, per 100,000 people	2.3	4
International tourism, number of arrivals	5.3M	6.8k

Government debt & reserves

Stat	Albania	Marshall Islands
Central government debt, % of GDP	68.6%	48.9%
External debt stocks, % of GNI	67.2%	N/A
External debt stocks	$10.1B	N/A
Short-term debt, % of total reserves	55.6%	N/A
Total debt service, % of exports and primary income	20.7%	N/A
Adjusted net savings including particulate emission damage, % of GNI	8.2%	N/A
Gross savings, % of GDP	16.2%	17.2%
Gross capital formation, % of GDP	25%	23.4%
Total reserves including gold	$3.9B	N/A
Foreign direct investment net inflows	$1.2B	$9.8M

Exports, imports and economic structure

Stat	Albania	Marshall Islands
Exports of goods and services, % of GDP	31.7%	40.4%
Imports of goods and services, % of GDP	45.4%	85.3%
Current account balance (balance of payments)	-$1B	$53M
Revenue excluding grants, % of GDP	25.6%	32.2%
Grants excluding technical cooperation, BoP	$181M	$50.6M
Personal remittances received	$1.5B	$31.5M
Industry including construction value added, % of GDP	21.3%	12.8%
Agriculture, forestry and fishing value added, % of GDP	18.4%	15.2%
Charges for the use of intellectual property, payments BoP	$26.4M	N/A
Charges for the use of intellectual property, receipts BoP	$14.9M	N/A
Expense, % of GDP	23.3%	57.9%
Government Expenditure, % of GDP	29.1%	N/A