Guinea vs the Marshall Islands: Economic Indicators Comparison

Guinea with a GDP of $10.9B ranked the 142nd largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Guinea and the Marshall Islands ranked 175th vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Guinea	Marshall Islands
GDP	$10.9B	$221.3M
GDP growth, 1 year	5.8%	3.62%
GDP growth, 5-years average	6.7%	N/A
Population	12.7M	53k
GDP per capita	$879	$3.8k
GDP per capita growth	3.2%	2.99%
Purchasing Power Parity conversion factor	3160.71	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	0.35	0.95
GDP per capita, PPP adjusted	$2.3k	$4k
GNI, Atlas method	$10.6B	$283.7M
GNI per capita	$850	$4.9k
GNI, PPP adjusted	$30.6B	$297.6M
GNI per capita, PPP adjusted	$2.5k	$5.1k

Financial system and Human development

Stat	Guinea	Marshall Islands
Income Tax Rate	40%	N/A
Corporate Tax Rate	35%	N/A
Inflation, consumer prices	9.7%	N/A
Inflation, GDP deflator	-1.3%	0.3%
Unemployment	3.6%	4.7%
Economic Freedom Index	56.5	58
Personal Freedom Index	5.95	6.2
Human Freedom Index	5.68	6.2
Property Rights Index	38.7	N/A
Judical Effectiveness Index	33.3	N/A
Business Freedom Index	55.4	N/A
Fiscal Health Index	93.8	N/A
Labor Freedom Index	58	N/A
Investment Freedom Index	50	N/A
Financial Freedom Index	40	N/A
Trade Freedom Index	60.4	N/A
Monetary Freedom Index	70.6	N/A
Government Spending Index	91.4	N/A
Tax Burden Index	70	N/A
Government Integrity Index	16.1	N/A
Corruption Perceptions Index	28	64
Life expectancy at birth, years	60.7	65.2
Suicide mortality rate, per 100,000 people	6.3	1
Mortality caused by road traffic injury, per 100,000 people	28.2	5.7
Intentional homicides, per 100,000 people	8.8	4
International tourism, number of arrivals	99k	6.8k

Government debt & reserves

Stat	Guinea	Marshall Islands
Central government debt, % of GDP	38.7%	48.9%
External debt stocks, % of GNI	24.6%	N/A
External debt stocks	$2.6B	N/A
Short-term debt, % of total reserves	12.4%	N/A
Total debt service, % of exports and primary income	2.2%	N/A
Adjusted net savings including particulate emission damage, % of GNI	-6.5%	N/A
Gross savings, % of GDP	3.1%	17.2%
Gross capital formation, % of GDP	18.9%	23.4%
Total reserves including gold	$1.2B	N/A
Foreign direct investment net inflows	$352.8M	$9.8M

Exports, imports and economic structure

Stat	Guinea	Marshall Islands
Exports of goods and services, % of GDP	37.6%	40.4%
Imports of goods and services, % of GDP	53%	85.3%
Current account balance (balance of payments)	-$190.5M	$53M
Revenue excluding grants, % of GDP	12.1%	32.2%
Grants excluding technical cooperation, BoP	$367.3M	$50.6M
Personal remittances received	$28.4M	$31.5M
Industry including construction value added, % of GDP	24.8%	12.8%
Agriculture, forestry and fishing value added, % of GDP	24.3%	15.2%
Charges for the use of intellectual property, payments BoP	$620k	N/A
Charges for the use of intellectual property, receipts BoP	-$1.5M	N/A
Expense, % of GDP	9.4%	57.9%
Government Expenditure, % of GDP	16.9%	N/A