Guinea-Bissau vs the Marshall Islands: Economic Indicators Comparison

Guinea-Bissau with a GDP of $1.5B ranked the 181st largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Guinea-Bissau and the Marshall Islands ranked 179th vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Guinea-Bissau	Marshall Islands
GDP	$1.5B	$221.3M
GDP growth, 1 year	3.8%	3.62%
GDP growth, 5-years average	4.6%	N/A
Population	1.9M	53k
GDP per capita	$778	$3.8k
GDP per capita growth	1.24%	2.99%
Purchasing Power Parity conversion factor	240.31	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	0.43	0.95
GDP per capita, PPP adjusted	$1.9k	$4k
GNI, Atlas method	$1.4B	$283.7M
GNI per capita	$750	$4.9k
GNI, PPP adjusted	$3.4B	$297.6M
GNI per capita, PPP adjusted	$1.8k	$5.1k

Financial system and Human development

Stat	Guinea-Bissau	Marshall Islands
Income Tax Rate	20%	N/A
Corporate Tax Rate	25%	N/A
Inflation, consumer prices	1.4%	N/A
Inflation, GDP deflator	-0.4%	0.3%
Unemployment	4.1%	4.7%
Economic Freedom Index	53.3	58
Personal Freedom Index	6.83	6.2
Human Freedom Index	5.97	6.2
Property Rights Index	41.3	N/A
Judical Effectiveness Index	48.4	N/A
Business Freedom Index	39.1	N/A
Fiscal Health Index	67.3	N/A
Labor Freedom Index	61.2	N/A
Investment Freedom Index	30	N/A
Financial Freedom Index	30	N/A
Trade Freedom Index	49	N/A
Monetary Freedom Index	82.7	N/A
Government Spending Index	86.7	N/A
Tax Burden Index	88.7	N/A
Government Integrity Index	14.8	N/A
Corruption Perceptions Index	16	64
Life expectancy at birth, years	57.7	65.2
Suicide mortality rate, per 100,000 people	4	1
Mortality caused by road traffic injury, per 100,000 people	31.1	5.7
Intentional homicides, per 100,000 people	1.1	4
International tourism, number of arrivals	45k	6.8k

Government debt & reserves

Stat	Guinea-Bissau	Marshall Islands
Central government debt, % of GDP	56.1%	48.9%
External debt stocks, % of GNI	28.9%	N/A
External debt stocks	$420.7M	N/A
Short-term debt, % of total reserves	N/A	N/A
Total debt service, % of exports and primary income	1.9%	N/A
Adjusted net savings including particulate emission damage, % of GNI	-11%	N/A
Gross savings, % of GDP	8.8%	17.2%
Gross capital formation, % of GDP	10.9%	23.4%
Total reserves including gold	N/A	N/A
Foreign direct investment net inflows	$20.6M	$9.8M

Exports, imports and economic structure

Stat	Guinea-Bissau	Marshall Islands
Exports of goods and services, % of GDP	25.3%	40.4%
Imports of goods and services, % of GDP	32.5%	85.3%
Current account balance (balance of payments)	-$54.1M	$53M
Revenue excluding grants, % of GDP	12.7%	32.2%
Grants excluding technical cooperation, BoP	$80M	$50.6M
Personal remittances received	$127.9M	$31.5M
Industry including construction value added, % of GDP	12.6%	12.8%
Agriculture, forestry and fishing value added, % of GDP	47.5%	15.2%
Charges for the use of intellectual property, payments BoP	$2.4k	N/A
Charges for the use of intellectual property, receipts BoP	$79k	N/A
Expense, % of GDP	12.6%	57.9%
Government Expenditure, % of GDP	21.1%	N/A