Guatemala vs the Marshall Islands: Economic Indicators Comparison

Guatemala with a GDP of $78.5B ranked the 70th largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Guatemala and the Marshall Islands ranked 112th vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Guatemala	Marshall Islands
GDP	$78.5B	$221.3M
GDP growth, 1 year	3.1%	3.62%
GDP growth, 5-years average	3.5%	N/A
Population	17.3M	53k
GDP per capita	$4.5k	$3.8k
GDP per capita growth	1.15%	2.99%
Purchasing Power Parity conversion factor	4.04	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	0.54	0.95
GDP per capita, PPP adjusted	$8.4k	$4k
GNI, Atlas method	$75.9B	$283.7M
GNI per capita	$4.4k	$4.9k
GNI, PPP adjusted	$143.4B	$297.6M
GNI per capita, PPP adjusted	$8.3k	$5.1k

Financial system and Human development

Stat	Guatemala	Marshall Islands
Income Tax Rate	31%	N/A
Corporate Tax Rate	31%	N/A
Inflation, consumer prices	3.8%	N/A
Inflation, GDP deflator	2.9%	0.3%
Unemployment	2.7%	4.7%
Economic Freedom Index	64	58
Personal Freedom Index	7.14	6.2
Human Freedom Index	7.21	6.2
Property Rights Index	45.5	N/A
Judical Effectiveness Index	32.2	N/A
Business Freedom Index	62.6	N/A
Fiscal Health Index	95.7	N/A
Labor Freedom Index	48.4	N/A
Investment Freedom Index	70	N/A
Financial Freedom Index	50	N/A
Trade Freedom Index	82.2	N/A
Monetary Freedom Index	77.4	N/A
Government Spending Index	95.6	N/A
Tax Burden Index	79.2	N/A
Government Integrity Index	29.6	N/A
Corruption Perceptions Index	27	64
Life expectancy at birth, years	73.8	65.2
Suicide mortality rate, per 100,000 people	2.7	1
Mortality caused by road traffic injury, per 100,000 people	16.6	5.7
Intentional homicides, per 100,000 people	26.1	4
International tourism, number of arrivals	1.8M	6.8k

Government debt & reserves

Stat	Guatemala	Marshall Islands
Central government debt, % of GDP	24.5%	48.9%
External debt stocks, % of GNI	29%	N/A
External debt stocks	$22.3B	N/A
Short-term debt, % of total reserves	7.3%	N/A
Total debt service, % of exports and primary income	26.7%	N/A
Adjusted net savings including particulate emission damage, % of GNI	1.9%	N/A
Gross savings, % of GDP	13.4%	17.2%
Gross capital formation, % of GDP	12.1%	23.4%
Total reserves including gold	$12.6B	N/A
Foreign direct investment net inflows	$1.1B	$9.8M

Exports, imports and economic structure

Stat	Guatemala	Marshall Islands
Exports of goods and services, % of GDP	18.1%	40.4%
Imports of goods and services, % of GDP	27.7%	85.3%
Current account balance (balance of payments)	$665M	$53M
Revenue excluding grants, % of GDP	11%	32.2%
Grants excluding technical cooperation, BoP	$342.5M	$50.6M
Personal remittances received	$9.4B	$31.5M
Industry including construction value added, % of GDP	24.6%	12.8%
Agriculture, forestry and fishing value added, % of GDP	10%	15.2%
Charges for the use of intellectual property, payments BoP	$209.8M	N/A
Charges for the use of intellectual property, receipts BoP	$700k	N/A
Expense, % of GDP	11.8%	57.9%
Government Expenditure, % of GDP	12.1%	N/A