The Dominican Republic vs the Marshall Islands: Economic Indicators Comparison

The Dominican Republic with a GDP of $85.6B ranked the 67th largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, the Dominican Republic and the Marshall Islands ranked 85th vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Dominican Republic	Marshall Islands
GDP	$85.6B	$221.3M
GDP growth, 1 year	7%	3.62%
GDP growth, 5-years average	6.6%	N/A
Population	10.4M	53k
GDP per capita	$8.1k	$3.8k
GDP per capita growth	5.83%	2.99%
Purchasing Power Parity conversion factor	22.46	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	0.45	0.95
GDP per capita, PPP adjusted	$18k	$4k
GNI, Atlas method	$82.5B	$283.7M
GNI per capita	$7.8k	$4.9k
GNI, PPP adjusted	$180.1B	$297.6M
GNI per capita, PPP adjusted	$17k	$5.1k

Financial system and Human development

Stat	Dominican Republic	Marshall Islands
Income Tax Rate	25%	N/A
Corporate Tax Rate	27%	N/A
Inflation, consumer prices	3.6%	N/A
Inflation, GDP deflator	4.1%	0.3%
Unemployment	5.8%	4.7%
Economic Freedom Index	60.9	58
Personal Freedom Index	6.97	6.2
Human Freedom Index	6.6	6.2
Property Rights Index	55.8	N/A
Judical Effectiveness Index	18.2	N/A
Business Freedom Index	50.3	N/A
Fiscal Health Index	82.4	N/A
Labor Freedom Index	57.5	N/A
Investment Freedom Index	70	N/A
Financial Freedom Index	40	N/A
Trade Freedom Index	76.6	N/A
Monetary Freedom Index	73.5	N/A
Government Spending Index	90.5	N/A
Tax Burden Index	84.5	N/A
Government Integrity Index	31.2	N/A
Corruption Perceptions Index	30	64
Life expectancy at birth, years	73.7	65.2
Suicide mortality rate, per 100,000 people	9.9	1
Mortality caused by road traffic injury, per 100,000 people	34.6	5.7
Intentional homicides, per 100,000 people	11.3	4
International tourism, number of arrivals	6.6M	6.8k

Government debt & reserves

Stat	Dominican Republic	Marshall Islands
Central government debt, % of GDP	41.6%	48.9%
External debt stocks, % of GNI	43.8%	N/A
External debt stocks	$33.9B	N/A
Short-term debt, % of total reserves	27.4%	N/A
Total debt service, % of exports and primary income	15.1%	N/A
Adjusted net savings including particulate emission damage, % of GNI	17.3%	N/A
Gross savings, % of GDP	23.5%	17.2%
Gross capital formation, % of GDP	25.8%	23.4%
Total reserves including gold	$7.7B	N/A
Foreign direct investment net inflows	$2.7B	$9.8M

Exports, imports and economic structure

Stat	Dominican Republic	Marshall Islands
Exports of goods and services, % of GDP	23.6%	40.4%
Imports of goods and services, % of GDP	28.5%	85.3%
Current account balance (balance of payments)	-$1.2B	$53M
Revenue excluding grants, % of GDP	15.2%	32.2%
Grants excluding technical cooperation, BoP	$105M	$50.6M
Personal remittances received	$6.8B	$31.5M
Industry including construction value added, % of GDP	28.8%	12.8%
Agriculture, forestry and fishing value added, % of GDP	5.1%	15.2%
Charges for the use of intellectual property, payments BoP	$157.7M	N/A
Charges for the use of intellectual property, receipts BoP	N/A	N/A
Expense, % of GDP	15.7%	57.9%
Government Expenditure, % of GDP	17.8%	N/A