The Czech Republic vs the Marshall Islands: Economic Indicators Comparison

The Czech Republic with a GDP of $245.2B ranked the 46th largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, the Czech Republic and the Marshall Islands ranked 43rd vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Czech Republic	Marshall Islands
GDP	$245.2B	$221.3M
GDP growth, 1 year	2.9%	3.62%
GDP growth, 5-years average	3.5%	N/A
Population	10.7M	53k
GDP per capita	$23k	$3.8k
GDP per capita growth	2.65%	2.99%
Purchasing Power Parity conversion factor	12.62	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	0.58	0.95
GDP per capita, PPP adjusted	$37k	$4k
GNI, Atlas method	$215B	$283.7M
GNI per capita	$20k	$4.9k
GNI, PPP adjusted	$398.8B	$297.6M
GNI per capita, PPP adjusted	$38k	$5.1k

Financial system and Human development

Stat	Czech Republic	Marshall Islands
Income Tax Rate	15%	N/A
Corporate Tax Rate	19%	N/A
Inflation, consumer prices	2.2%	N/A
Inflation, GDP deflator	2.5%	0.3%
Unemployment	2.4%	4.7%
Economic Freedom Index	74.8	58
Personal Freedom Index	9.13	6.2
Human Freedom Index	8.3	6.2
Property Rights Index	76.8	N/A
Judical Effectiveness Index	49.9	N/A
Business Freedom Index	69.7	N/A
Fiscal Health Index	97.8	N/A
Labor Freedom Index	77.6	N/A
Investment Freedom Index	80	N/A
Financial Freedom Index	80	N/A
Trade Freedom Index	86.4	N/A
Monetary Freedom Index	80.8	N/A
Government Spending Index	52.7	N/A
Tax Burden Index	82	N/A
Government Integrity Index	64.2	N/A
Corruption Perceptions Index	59	64
Life expectancy at birth, years	79.5	65.2
Suicide mortality rate, per 100,000 people	13.1	1
Mortality caused by road traffic injury, per 100,000 people	5.9	5.7
Intentional homicides, per 100,000 people	0.6	4
International tourism, number of arrivals	10.6M	6.8k

Government debt & reserves

Stat	Czech Republic	Marshall Islands
Central government debt, % of GDP	33%	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	10.3%	N/A
Gross savings, % of GDP	26.2%	17.2%
Gross capital formation, % of GDP	26.2%	23.4%
Total reserves including gold	$142.5B	N/A
Foreign direct investment net inflows	$8.5B	$9.8M

Exports, imports and economic structure

Stat	Czech Republic	Marshall Islands
Exports of goods and services, % of GDP	78.4%	40.4%
Imports of goods and services, % of GDP	72%	85.3%
Current account balance (balance of payments)	$860M	$53M
Revenue excluding grants, % of GDP	31.8%	32.2%
Grants excluding technical cooperation, BoP	$243M	$50.6M
Personal remittances received	$3.9B	$31.5M
Industry including construction value added, % of GDP	32.2%	12.8%
Agriculture, forestry and fishing value added, % of GDP	2%	15.2%
Charges for the use of intellectual property, payments BoP	$1.5B	N/A
Charges for the use of intellectual property, receipts BoP	$495.7M	N/A
Expense, % of GDP	32.1%	57.9%
Government Expenditure, % of GDP	39.7%	N/A