Ecuador vs the Marshall Islands: Economic Indicators Comparison

Ecuador with a GDP of $108.4B ranked the 61st largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Ecuador and the Marshall Islands ranked 96th vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Ecuador	Marshall Islands
GDP	$108.4B	$221.3M
GDP growth, 1 year	1.1%	3.62%
GDP growth, 5-years average	1.2%	N/A
Population	16.6M	53k
GDP per capita	$6.3k	$3.8k
GDP per capita growth	-0.4%	2.99%
Purchasing Power Parity conversion factor	0.54	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	0.54	0.95
GDP per capita, PPP adjusted	$12k	$4k
GNI, Atlas method	$104.4B	$283.7M
GNI per capita	$6.1k	$4.9k
GNI, PPP adjusted	$195.1B	$297.6M
GNI per capita, PPP adjusted	$11k	$5.1k

Financial system and Human development

Stat	Ecuador	Marshall Islands
Income Tax Rate	35%	N/A
Corporate Tax Rate	25%	N/A
Inflation, consumer prices	-0.2%	N/A
Inflation, GDP deflator	2.5%	0.3%
Unemployment	3.9%	4.7%
Economic Freedom Index	51.3	58
Personal Freedom Index	7.42	6.2
Human Freedom Index	6.7	6.2
Property Rights Index	40.4	N/A
Judical Effectiveness Index	20.7	N/A
Business Freedom Index	53.8	N/A
Fiscal Health Index	62.3	N/A
Labor Freedom Index	48	N/A
Investment Freedom Index	35	N/A
Financial Freedom Index	40	N/A
Trade Freedom Index	66	N/A
Monetary Freedom Index	81	N/A
Government Spending Index	57.9	N/A
Tax Burden Index	77.5	N/A
Government Integrity Index	33.4	N/A
Corruption Perceptions Index	34	64
Life expectancy at birth, years	76.6	65.2
Suicide mortality rate, per 100,000 people	7.1	1
Mortality caused by road traffic injury, per 100,000 people	21.3	5.7
Intentional homicides, per 100,000 people	5.8	4
International tourism, number of arrivals	2.5M	6.8k

Government debt & reserves

Stat	Ecuador	Marshall Islands
Central government debt, % of GDP	46.1%	48.9%
External debt stocks, % of GNI	42.6%	N/A
External debt stocks	$45B	N/A
Short-term debt, % of total reserves	34.8%	N/A
Total debt service, % of exports and primary income	36.7%	N/A
Adjusted net savings including particulate emission damage, % of GNI	11.4%	N/A
Gross savings, % of GDP	25.3%	17.2%
Gross capital formation, % of GDP	26%	23.4%
Total reserves including gold	$2.2B	N/A
Foreign direct investment net inflows	$1.4B	$9.8M

Exports, imports and economic structure

Stat	Ecuador	Marshall Islands
Exports of goods and services, % of GDP	22.8%	40.4%
Imports of goods and services, % of GDP	23%	85.3%
Current account balance (balance of payments)	-$1.5B	$53M
Revenue excluding grants, % of GDP	N/A	32.2%
Grants excluding technical cooperation, BoP	$122.5M	$50.6M
Personal remittances received	$3B	$31.5M
Industry including construction value added, % of GDP	32.7%	12.8%
Agriculture, forestry and fishing value added, % of GDP	9.2%	15.2%
Charges for the use of intellectual property, payments BoP	$18.9M	N/A
Charges for the use of intellectual property, receipts BoP	N/A	N/A
Expense, % of GDP	N/A	57.9%
Government Expenditure, % of GDP	37.5%	N/A