Denmark vs the Marshall Islands: Economic Indicators Comparison

Denmark with a GDP of $355.7B ranked the 38th largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Denmark and the Marshall Islands ranked 12th vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Denmark	Marshall Islands
GDP	$355.7B	$221.3M
GDP growth, 1 year	1.2%	3.62%
GDP growth, 5-years average	2%	N/A
Population	5.8M	53k
GDP per capita	$61k	$3.8k
GDP per capita growth	1.82%	2.99%
Purchasing Power Parity conversion factor	6.96	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	1.1	0.95
GDP per capita, PPP adjusted	$52k	$4k
GNI, Atlas method	$348.6B	$283.7M
GNI per capita	$60k	$4.9k
GNI, PPP adjusted	$327.1B	$297.6M
GNI per capita, PPP adjusted	$56k	$5.1k

Financial system and Human development

Stat	Denmark	Marshall Islands
Income Tax Rate	56%	N/A
Corporate Tax Rate	23.5%	N/A
Inflation, consumer prices	0.7%	N/A
Inflation, GDP deflator	0.8%	0.3%
Unemployment	5%	4.7%
Economic Freedom Index	78.3	58
Personal Freedom Index	9.49	6.2
Human Freedom Index	8.73	6.2
Property Rights Index	86.3	N/A
Judical Effectiveness Index	84.6	N/A
Business Freedom Index	88.7	N/A
Fiscal Health Index	97.7	N/A
Labor Freedom Index	86.2	N/A
Investment Freedom Index	90	N/A
Financial Freedom Index	80	N/A
Trade Freedom Index	86.4	N/A
Monetary Freedom Index	84.6	N/A
Government Spending Index	19.7	N/A
Tax Burden Index	42	N/A
Government Integrity Index	93	N/A
Corruption Perceptions Index	88	64
Life expectancy at birth, years	81	65.2
Suicide mortality rate, per 100,000 people	12.8	1
Mortality caused by road traffic injury, per 100,000 people	4	5.7
Intentional homicides, per 100,000 people	1.2	4
International tourism, number of arrivals	12.7M	6.8k

Government debt & reserves

Stat	Denmark	Marshall Islands
Central government debt, % of GDP	34.3%	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	18.3%	N/A
Gross savings, % of GDP	28.7%	17.2%
Gross capital formation, % of GDP	23%	23.4%
Total reserves including gold	$70.9B	N/A
Foreign direct investment net inflows	$1.2B	$9.8M

Exports, imports and economic structure

Stat	Denmark	Marshall Islands
Exports of goods and services, % of GDP	55.6%	40.4%
Imports of goods and services, % of GDP	49.6%	85.3%
Current account balance (balance of payments)	$24.8B	$53M
Revenue excluding grants, % of GDP	38.9%	32.2%
Grants excluding technical cooperation, BoP	N/A	$50.6M
Personal remittances received	$1.4B	$31.5M
Industry including construction value added, % of GDP	21.2%	12.8%
Agriculture, forestry and fishing value added, % of GDP	1%	15.2%
Charges for the use of intellectual property, payments BoP	$1.6B	N/A
Charges for the use of intellectual property, receipts BoP	$3.3B	N/A
Expense, % of GDP	37.6%	57.9%
Government Expenditure, % of GDP	51.7%	N/A