Algeria vs the Marshall Islands: Economic Indicators Comparison

Algeria with a GDP of $173.8B ranked the 56th largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Algeria and the Marshall Islands ranked 119th vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Algeria	Marshall Islands
GDP	$173.8B	$221.3M
GDP growth, 1 year	2.1%	3.62%
GDP growth, 5-years average	2.8%	N/A
Population	41.3M	53k
GDP per capita	$4.1k	$3.8k
GDP per capita growth	-0.62%	2.99%
Purchasing Power Parity conversion factor	30.99	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	0.27	0.95
GDP per capita, PPP adjusted	$15k	$4k
GNI, Atlas method	$162.3B	$283.7M
GNI per capita	$3.9k	$4.9k
GNI, PPP adjusted	$619.7B	$297.6M
GNI per capita, PPP adjusted	$15k	$5.1k

Financial system and Human development

Stat	Algeria	Marshall Islands
Income Tax Rate	35%	N/A
Corporate Tax Rate	23%	N/A
Inflation, consumer prices	4.3%	N/A
Inflation, GDP deflator	7.6%	0.3%
Unemployment	12.2%	4.7%
Economic Freedom Index	46.9	58
Personal Freedom Index	5.35	6.2
Human Freedom Index	5.29	6.2
Property Rights Index	37.9	N/A
Judical Effectiveness Index	35	N/A
Business Freedom Index	63	N/A
Fiscal Health Index	17.3	N/A
Labor Freedom Index	50.5	N/A
Investment Freedom Index	30	N/A
Financial Freedom Index	30	N/A
Trade Freedom Index	66.2	N/A
Monetary Freedom Index	76.2	N/A
Government Spending Index	52.6	N/A
Tax Burden Index	75.4	N/A
Government Integrity Index	28.3	N/A
Corruption Perceptions Index	35	64
Life expectancy at birth, years	76.5	65.2
Suicide mortality rate, per 100,000 people	3.2	1
Mortality caused by road traffic injury, per 100,000 people	23.8	5.7
Intentional homicides, per 100,000 people	1.4	4
International tourism, number of arrivals	2.7M	6.8k

Government debt & reserves

Stat	Algeria	Marshall Islands
Central government debt, % of GDP	36.9%	48.9%
External debt stocks, % of GNI	3.2%	N/A
External debt stocks	$5.7B	N/A
Short-term debt, % of total reserves	2.7%	N/A
Total debt service, % of exports and primary income	0.5%	N/A
Adjusted net savings including particulate emission damage, % of GNI	21.2%	N/A
Gross savings, % of GDP	37.8%	17.2%
Gross capital formation, % of GDP	47.1%	23.4%
Total reserves including gold	$87.4B	N/A
Foreign direct investment net inflows	$1.5B	$9.8M

Exports, imports and economic structure

Stat	Algeria	Marshall Islands
Exports of goods and services, % of GDP	25.6%	40.4%
Imports of goods and services, % of GDP	32.3%	85.3%
Current account balance (balance of payments)	-$22.1B	$53M
Revenue excluding grants, % of GDP	N/A	32.2%
Grants excluding technical cooperation, BoP	$79.5M	$50.6M
Personal remittances received	$1.8B	$31.5M
Industry including construction value added, % of GDP	39.6%	12.8%
Agriculture, forestry and fishing value added, % of GDP	12%	15.2%
Charges for the use of intellectual property, payments BoP	$147.1M	N/A
Charges for the use of intellectual property, receipts BoP	$138k	N/A
Expense, % of GDP	N/A	57.9%
Government Expenditure, % of GDP	39.8%	N/A