Belarus vs the Marshall Islands: Economic Indicators Comparison

Belarus with a GDP of $59.7B ranked the 78th largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Belarus and the Marshall Islands ranked 97th vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Belarus	Marshall Islands
GDP	$59.7B	$221.3M
GDP growth, 1 year	3%	3.62%
GDP growth, 5-years average	0.2%	N/A
Population	9.4M	53k
GDP per capita	$6.3k	$3.8k
GDP per capita growth	3.19%	2.99%
Purchasing Power Parity conversion factor	0.64	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	0.31	0.95
GDP per capita, PPP adjusted	$20k	$4k
GNI, Atlas method	$53.8B	$283.7M
GNI per capita	$5.7k	$4.9k
GNI, PPP adjusted	$182.5B	$297.6M
GNI per capita, PPP adjusted	$19k	$5.1k

Financial system and Human development

Stat	Belarus	Marshall Islands
Income Tax Rate	13%	N/A
Corporate Tax Rate	18%	N/A
Inflation, consumer prices	4.9%	N/A
Inflation, GDP deflator	11.6%	0.3%
Unemployment	5.7%	4.7%
Economic Freedom Index	61.7	58
Personal Freedom Index	6.24	6.2
Human Freedom Index	6.16	6.2
Property Rights Index	63.2	N/A
Judical Effectiveness Index	48.4	N/A
Business Freedom Index	76.4	N/A
Fiscal Health Index	95.4	N/A
Labor Freedom Index	74.8	N/A
Investment Freedom Index	30	N/A
Financial Freedom Index	20	N/A
Trade Freedom Index	82	N/A
Monetary Freedom Index	69.8	N/A
Government Spending Index	54.1	N/A
Tax Burden Index	88.8	N/A
Government Integrity Index	37.4	N/A
Corruption Perceptions Index	44	64
Life expectancy at birth, years	74.1	65.2
Suicide mortality rate, per 100,000 people	26.2	1
Mortality caused by road traffic injury, per 100,000 people	8.9	5.7
Intentional homicides, per 100,000 people	3.6	4
International tourism, number of arrivals	11.5M	6.8k

Government debt & reserves

Stat	Belarus	Marshall Islands
Central government debt, % of GDP	47.8%	48.9%
External debt stocks, % of GNI	67.7%	N/A
External debt stocks	$38.8B	N/A
Short-term debt, % of total reserves	134.2%	N/A
Total debt service, % of exports and primary income	13.5%	N/A
Adjusted net savings including particulate emission damage, % of GNI	21.2%	N/A
Gross savings, % of GDP	28.8%	17.2%
Gross capital formation, % of GDP	27.5%	23.4%
Total reserves including gold	$7.2B	N/A
Foreign direct investment net inflows	$1.4B	$9.8M

Exports, imports and economic structure

Stat	Belarus	Marshall Islands
Exports of goods and services, % of GDP	70.2%	40.4%
Imports of goods and services, % of GDP	69.1%	85.3%
Current account balance (balance of payments)	-$34.4M	$53M
Revenue excluding grants, % of GDP	29.5%	32.2%
Grants excluding technical cooperation, BoP	$56.2M	$50.6M
Personal remittances received	$1.4B	$31.5M
Industry including construction value added, % of GDP	31.5%	12.8%
Agriculture, forestry and fishing value added, % of GDP	6.4%	15.2%
Charges for the use of intellectual property, payments BoP	$178.6M	N/A
Charges for the use of intellectual property, receipts BoP	$66.1M	N/A
Expense, % of GDP	29.3%	57.9%
Government Expenditure, % of GDP	39.1%	N/A