Croatia vs the Marshall Islands: Economic Indicators Comparison

Croatia with a GDP of $61B ranked the 76th largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Croatia and the Marshall Islands ranked 63rd vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Croatia	Marshall Islands
GDP	$61B	$221.3M
GDP growth, 1 year	2.7%	3.62%
GDP growth, 5-years average	2.3%	N/A
Population	4.1M	53k
GDP per capita	$15k	$3.8k
GDP per capita growth	3.51%	2.99%
Purchasing Power Parity conversion factor	3.39	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	0.54	0.95
GDP per capita, PPP adjusted	$26k	$4k
GNI, Atlas method	$57.2B	$283.7M
GNI per capita	$14k	$4.9k
GNI, PPP adjusted	$111.1B	$297.6M
GNI per capita, PPP adjusted	$27k	$5.1k

Financial system and Human development

Stat	Croatia	Marshall Islands
Income Tax Rate	40%	N/A
Corporate Tax Rate	18%	N/A
Inflation, consumer prices	1.5%	N/A
Inflation, GDP deflator	1.8%	0.3%
Unemployment	8.9%	4.7%
Economic Freedom Index	62.2	58
Personal Freedom Index	8.08	6.2
Human Freedom Index	7.46	6.2
Property Rights Index	69.9	N/A
Judical Effectiveness Index	39.6	N/A
Business Freedom Index	53.6	N/A
Fiscal Health Index	89.1	N/A
Labor Freedom Index	44	N/A
Investment Freedom Index	75	N/A
Financial Freedom Index	60	N/A
Trade Freedom Index	86.4	N/A
Monetary Freedom Index	77.6	N/A
Government Spending Index	34.7	N/A
Tax Burden Index	65.9	N/A
Government Integrity Index	51	N/A
Corruption Perceptions Index	48	64
Life expectancy at birth, years	77.8	65.2
Suicide mortality rate, per 100,000 people	16.5	1
Mortality caused by road traffic injury, per 100,000 people	8.1	5.7
Intentional homicides, per 100,000 people	1.1	4
International tourism, number of arrivals	16.6M	6.8k

Government debt & reserves

Stat	Croatia	Marshall Islands
Central government debt, % of GDP	73.9%	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	10.8%	N/A
Gross savings, % of GDP	24.2%	17.2%
Gross capital formation, % of GDP	23.1%	23.4%
Total reserves including gold	$20B	N/A
Foreign direct investment net inflows	$1.3B	$9.8M

Exports, imports and economic structure

Stat	Croatia	Marshall Islands
Exports of goods and services, % of GDP	50.5%	40.4%
Imports of goods and services, % of GDP	51.4%	85.3%
Current account balance (balance of payments)	$1.5B	$53M
Revenue excluding grants, % of GDP	39.7%	32.2%
Grants excluding technical cooperation, BoP	$260k	$50.6M
Personal remittances received	$2.9B	$31.5M
Industry including construction value added, % of GDP	20.4%	12.8%
Agriculture, forestry and fishing value added, % of GDP	2.9%	15.2%
Charges for the use of intellectual property, payments BoP	$309.7M	N/A
Charges for the use of intellectual property, receipts BoP	$63.2M	N/A
Expense, % of GDP	38.5%	57.9%
Government Expenditure, % of GDP	46.6%	N/A