Ethiopia vs the Marshall Islands: Economic Indicators Comparison

Ethiopia with a GDP of $84.4B ranked the 68th largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Ethiopia and the Marshall Islands ranked 181st vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Ethiopia	Marshall Islands
GDP	$84.4B	$221.3M
GDP growth, 1 year	7.7%	3.62%
GDP growth, 5-years average	9.3%	N/A
Population	105M	53k
GDP per capita	$772	$3.8k
GDP per capita growth	4.05%	2.99%
Purchasing Power Parity conversion factor	9.97	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	0.38	0.95
GDP per capita, PPP adjusted	$2.3k	$4k
GNI, Atlas method	$86.7B	$283.7M
GNI per capita	$790	$4.9k
GNI, PPP adjusted	$219.4B	$297.6M
GNI per capita, PPP adjusted	$2k	$5.1k

Financial system and Human development

Stat	Ethiopia	Marshall Islands
Income Tax Rate	35%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	13.8%	N/A
Inflation, GDP deflator	12.5%	0.3%
Unemployment	1.8%	4.7%
Economic Freedom Index	53.6	58
Personal Freedom Index	5.44	6.2
Human Freedom Index	5.33	6.2
Property Rights Index	36.5	N/A
Judical Effectiveness Index	45.1	N/A
Business Freedom Index	48.6	N/A
Fiscal Health Index	79.2	N/A
Labor Freedom Index	57.6	N/A
Investment Freedom Index	35	N/A
Financial Freedom Index	20	N/A
Trade Freedom Index	60.8	N/A
Monetary Freedom Index	62.7	N/A
Government Spending Index	90.8	N/A
Tax Burden Index	77.4	N/A
Government Integrity Index	29.4	N/A
Corruption Perceptions Index	34	64
Life expectancy at birth, years	65.9	65.2
Suicide mortality rate, per 100,000 people	7.2	1
Mortality caused by road traffic injury, per 100,000 people	26.7	5.7
Intentional homicides, per 100,000 people	7.6	4
International tourism, number of arrivals	849k	6.8k

Government debt & reserves

Stat	Ethiopia	Marshall Islands
Central government debt, % of GDP	61.1%	48.9%
External debt stocks, % of GNI	33.4%	N/A
External debt stocks	$28B	N/A
Short-term debt, % of total reserves	18.8%	N/A
Total debt service, % of exports and primary income	20.8%	N/A
Adjusted net savings including particulate emission damage, % of GNI	9.3%	N/A
Gross savings, % of GDP	33.2%	17.2%
Gross capital formation, % of GDP	34.1%	23.4%
Total reserves including gold	$4B	N/A
Foreign direct investment net inflows	$3.4B	$9.8M

Exports, imports and economic structure

Stat	Ethiopia	Marshall Islands
Exports of goods and services, % of GDP	8.4%	40.4%
Imports of goods and services, % of GDP	22.8%	85.3%
Current account balance (balance of payments)	-$4.6B	$53M
Revenue excluding grants, % of GDP	9%	32.2%
Grants excluding technical cooperation, BoP	$2.4B	$50.6M
Personal remittances received	$436.3M	$31.5M
Industry including construction value added, % of GDP	27.3%	12.8%
Agriculture, forestry and fishing value added, % of GDP	31.2%	15.2%
Charges for the use of intellectual property, payments BoP	$26.7M	N/A
Charges for the use of intellectual property, receipts BoP	$7.8M	N/A
Expense, % of GDP	10.8%	57.9%
Government Expenditure, % of GDP	17.5%	N/A