Bhutan vs the Marshall Islands: Economic Indicators Comparison

Bhutan with a GDP of $2.4B ranked the 172nd largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Bhutan and the Marshall Islands ranked 129th vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Bhutan	Marshall Islands
GDP	$2.4B	$221.3M
GDP growth, 1 year	5.8%	3.62%
GDP growth, 5-years average	6.1%	N/A
Population	808k	53k
GDP per capita	$3.2k	$3.8k
GDP per capita growth	1.82%	2.99%
Purchasing Power Parity conversion factor	21.81	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	0.32	0.95
GDP per capita, PPP adjusted	$9.5k	$4k
GNI, Atlas method	$2.2B	$283.7M
GNI per capita	$3k	$4.9k
GNI, PPP adjusted	$7B	$297.6M
GNI per capita, PPP adjusted	$9.3k	$5.1k

Financial system and Human development

Stat	Bhutan	Marshall Islands
Income Tax Rate	25%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	3.6%	N/A
Inflation, GDP deflator	1.8%	0.3%
Unemployment	2.2%	4.7%
Economic Freedom Index	62.1	58
Personal Freedom Index	6.9	6.2
Human Freedom Index	6.85	6.2
Property Rights Index	69.9	N/A
Judical Effectiveness Index	46.4	N/A
Business Freedom Index	68.2	N/A
Fiscal Health Index	74.8	N/A
Labor Freedom Index	79.4	N/A
Investment Freedom Index	20	N/A
Financial Freedom Index	30	N/A
Trade Freedom Index	79.4	N/A
Monetary Freedom Index	71.6	N/A
Government Spending Index	71.1	N/A
Tax Burden Index	82.9	N/A
Government Integrity Index	51.2	N/A
Corruption Perceptions Index	68	64
Life expectancy at birth, years	71.1	65.2
Suicide mortality rate, per 100,000 people	11.4	1
Mortality caused by road traffic injury, per 100,000 people	17.4	5.7
Intentional homicides, per 100,000 people	1.6	4
International tourism, number of arrivals	274k	6.8k

Government debt & reserves

Stat	Bhutan	Marshall Islands
Central government debt, % of GDP	102.6%	48.9%
External debt stocks, % of GNI	109.2%	N/A
External debt stocks	$2.5B	N/A
Short-term debt, % of total reserves	0.4%	N/A
Total debt service, % of exports and primary income	10.7%	N/A
Adjusted net savings including particulate emission damage, % of GNI	23.3%	N/A
Gross savings, % of GDP	21.6%	17.2%
Gross capital formation, % of GDP	47.5%	23.4%
Total reserves including gold	$987.2M	N/A
Foreign direct investment net inflows	$2.6M	$9.8M

Exports, imports and economic structure

Stat	Bhutan	Marshall Islands
Exports of goods and services, % of GDP	30.8%	40.4%
Imports of goods and services, % of GDP	55.9%	85.3%
Current account balance (balance of payments)	-$497.6M	$53M
Revenue excluding grants, % of GDP	18.5%	32.2%
Grants excluding technical cooperation, BoP	$49.2M	$50.6M
Personal remittances received	$58.1M	$31.5M
Industry including construction value added, % of GDP	38.3%	12.8%
Agriculture, forestry and fishing value added, % of GDP	15.9%	15.2%
Charges for the use of intellectual property, payments BoP	$304k	N/A
Charges for the use of intellectual property, receipts BoP	$11k	N/A
Expense, % of GDP	18.5%	57.9%
Government Expenditure, % of GDP	31.1%	N/A