Austria vs the Marshall Islands: Economic Indicators Comparison

Austria with a GDP of $455.3B ranked the 28th largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Austria and the Marshall Islands ranked 16th vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Austria	Marshall Islands
GDP	$455.3B	$221.3M
GDP growth, 1 year	2.7%	3.62%
GDP growth, 5-years average	1.8%	N/A
Population	8.8M	53k
GDP per capita	$51k	$3.8k
GDP per capita growth	1.85%	2.99%
Purchasing Power Parity conversion factor	0.79	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	0.93	0.95
GDP per capita, PPP adjusted	$52k	$4k
GNI, Atlas method	$436.3B	$283.7M
GNI per capita	$49k	$4.9k
GNI, PPP adjusted	$489.3B	$297.6M
GNI per capita, PPP adjusted	$55k	$5.1k

Financial system and Human development

Stat	Austria	Marshall Islands
Income Tax Rate	50%	N/A
Corporate Tax Rate	25%	N/A
Inflation, consumer prices	2.1%	N/A
Inflation, GDP deflator	1.7%	0.3%
Unemployment	4.8%	4.7%
Economic Freedom Index	73.3	58
Personal Freedom Index	9.02	6.2
Human Freedom Index	8.42	6.2
Property Rights Index	87.3	N/A
Judical Effectiveness Index	73.2	N/A
Business Freedom Index	73	N/A
Fiscal Health Index	87.9	N/A
Labor Freedom Index	68.3	N/A
Investment Freedom Index	90	N/A
Financial Freedom Index	70	N/A
Trade Freedom Index	86.4	N/A
Monetary Freedom Index	81	N/A
Government Spending Index	27.2	N/A
Tax Burden Index	51.3	N/A
Government Integrity Index	84	N/A
Corruption Perceptions Index	76	64
Life expectancy at birth, years	81.6	65.2
Suicide mortality rate, per 100,000 people	15.6	1
Mortality caused by road traffic injury, per 100,000 people	5.2	5.7
Intentional homicides, per 100,000 people	0.7	4
International tourism, number of arrivals	30.8M	6.8k

Government debt & reserves

Stat	Austria	Marshall Islands
Central government debt, % of GDP	74.2%	48.9%
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	14.1%	N/A
Gross savings, % of GDP	27.6%	17.2%
Gross capital formation, % of GDP	25.1%	23.4%
Total reserves including gold	$23.2B	N/A
Foreign direct investment net inflows	$4.2B	$9.8M

Exports, imports and economic structure

Stat	Austria	Marshall Islands
Exports of goods and services, % of GDP	55.8%	40.4%
Imports of goods and services, % of GDP	52%	85.3%
Current account balance (balance of payments)	$10.8B	$53M
Revenue excluding grants, % of GDP	43.4%	32.2%
Grants excluding technical cooperation, BoP	N/A	$50.6M
Personal remittances received	$3.1B	$31.5M
Industry including construction value added, % of GDP	25.7%	12.8%
Agriculture, forestry and fishing value added, % of GDP	1.1%	15.2%
Charges for the use of intellectual property, payments BoP	$2B	N/A
Charges for the use of intellectual property, receipts BoP	$1.4B	N/A
Expense, % of GDP	44.2%	57.9%
Government Expenditure, % of GDP	49.3%	N/A