Cyprus vs the Marshall Islands: Economic Indicators Comparison

Cyprus with a GDP of $25B ranked the 109th largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Cyprus and the Marshall Islands ranked 36th vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Cyprus	Marshall Islands
GDP	$25B	$221.3M
GDP growth, 1 year	3.9%	3.62%
GDP growth, 5-years average	2.8%	N/A
Population	1.1M	53k
GDP per capita	$28k	$3.8k
GDP per capita growth	2.75%	2.99%
Purchasing Power Parity conversion factor	0.63	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	0.74	0.95
GDP per capita, PPP adjusted	$40k	$4k
GNI, Atlas method	$24.9B	$283.7M
GNI per capita	$26k	$4.9k
GNI, PPP adjusted	$34.7B	$297.6M
GNI per capita, PPP adjusted	$35k	$5.1k

Financial system and Human development

Stat	Cyprus	Marshall Islands
Income Tax Rate	35%	N/A
Corporate Tax Rate	12.5%	N/A
Inflation, consumer prices	0.8%	N/A
Inflation, GDP deflator	1.4%	0.3%
Unemployment	8.1%	4.7%
Economic Freedom Index	70.1	58
Personal Freedom Index	8.96	6.2
Human Freedom Index	8.39	6.2
Property Rights Index	77.4	N/A
Judical Effectiveness Index	50.5	N/A
Business Freedom Index	76.6	N/A
Fiscal Health Index	80	N/A
Labor Freedom Index	59.7	N/A
Investment Freedom Index	75	N/A
Financial Freedom Index	60	N/A
Trade Freedom Index	86.4	N/A
Monetary Freedom Index	84.3	N/A
Government Spending Index	58.6	N/A
Tax Burden Index	74.8	N/A
Government Integrity Index	57.6	N/A
Corruption Perceptions Index	59	64
Life expectancy at birth, years	80.7	65.2
Suicide mortality rate, per 100,000 people	5.3	1
Mortality caused by road traffic injury, per 100,000 people	5.1	5.7
Intentional homicides, per 100,000 people	0.6	4
International tourism, number of arrivals	3.9M	6.8k

Government debt & reserves

Stat	Cyprus	Marshall Islands
Central government debt, % of GDP	102.5%	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	3.2%	N/A
Gross savings, % of GDP	21.8%	17.2%
Gross capital formation, % of GDP	19.1%	23.4%
Total reserves including gold	$924.2M	N/A
Foreign direct investment net inflows	$5.2B	$9.8M

Exports, imports and economic structure

Stat	Cyprus	Marshall Islands
Exports of goods and services, % of GDP	73.1%	40.4%
Imports of goods and services, % of GDP	72.3%	85.3%
Current account balance (balance of payments)	-$1.1B	$53M
Revenue excluding grants, % of GDP	37.4%	32.2%
Grants excluding technical cooperation, BoP	$34.2M	$50.6M
Personal remittances received	$497.8M	$31.5M
Industry including construction value added, % of GDP	12.2%	12.8%
Agriculture, forestry and fishing value added, % of GDP	2%	15.2%
Charges for the use of intellectual property, payments BoP	$127.2M	N/A
Charges for the use of intellectual property, receipts BoP	$174k	N/A
Expense, % of GDP	35.4%	57.9%
Government Expenditure, % of GDP	37.1%	N/A