Guyana vs the Marshall Islands: Economic Indicators Comparison

Guyana with a GDP of $3.9B ranked the 162nd largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Guyana and the Marshall Islands ranked 108th vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Guyana	Marshall Islands
GDP	$3.9B	$221.3M
GDP growth, 1 year	3.4%	3.62%
GDP growth, 5-years average	3.2%	N/A
Population	778k	53k
GDP per capita	$5k	$3.8k
GDP per capita growth	3.59%	2.99%
Purchasing Power Parity conversion factor	119.69	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	0.58	0.95
GDP per capita, PPP adjusted	$8.5k	$4k
GNI, Atlas method	$3.7B	$283.7M
GNI per capita	$4.8k	$4.9k
GNI, PPP adjusted	$6.6B	$297.6M
GNI per capita, PPP adjusted	$8.4k	$5.1k

Financial system and Human development

Stat	Guyana	Marshall Islands
Income Tax Rate	33.3%	N/A
Corporate Tax Rate	40%	N/A
Inflation, consumer prices	1.3%	N/A
Inflation, GDP deflator	5.4%	0.3%
Unemployment	12.2%	4.7%
Economic Freedom Index	56.2	58
Personal Freedom Index	6.92	6.2
Human Freedom Index	6.68	6.2
Property Rights Index	53.6	N/A
Judical Effectiveness Index	42.6	N/A
Business Freedom Index	58.9	N/A
Fiscal Health Index	58.6	N/A
Labor Freedom Index	62.1	N/A
Investment Freedom Index	55	N/A
Financial Freedom Index	30	N/A
Trade Freedom Index	66.8	N/A
Monetary Freedom Index	82.5	N/A
Government Spending Index	64.4	N/A
Tax Burden Index	66	N/A
Government Integrity Index	34.1	N/A
Corruption Perceptions Index	37	64
Life expectancy at birth, years	69.6	65.2
Suicide mortality rate, per 100,000 people	29.2	1
Mortality caused by road traffic injury, per 100,000 people	24.6	5.7
Intentional homicides, per 100,000 people	14.8	4
International tourism, number of arrivals	287k	6.8k

Government debt & reserves

Stat	Guyana	Marshall Islands
Central government debt, % of GDP	57%	48.9%
External debt stocks, % of GNI	44.6%	N/A
External debt stocks	$1.6B	N/A
Short-term debt, % of total reserves	24.1%	N/A
Total debt service, % of exports and primary income	5%	N/A
Adjusted net savings including particulate emission damage, % of GNI	14.1%	N/A
Gross savings, % of GDP	35.3%	17.2%
Gross capital formation, % of GDP	37.5%	23.4%
Total reserves including gold	$518.5M	N/A
Foreign direct investment net inflows	$1.2B	$9.8M

Exports, imports and economic structure

Stat	Guyana	Marshall Islands
Exports of goods and services, % of GDP	35.5%	40.4%
Imports of goods and services, % of GDP	47.1%	85.3%
Current account balance (balance of payments)	-$1.1B	$53M
Revenue excluding grants, % of GDP	N/A	32.2%
Grants excluding technical cooperation, BoP	$43.5M	$50.6M
Personal remittances received	$333.7M	$31.5M
Industry including construction value added, % of GDP	35.2%	12.8%
Agriculture, forestry and fishing value added, % of GDP	12.7%	15.2%
Charges for the use of intellectual property, payments BoP	$5.3M	N/A
Charges for the use of intellectual property, receipts BoP	$169k	N/A
Expense, % of GDP	N/A	57.9%
Government Expenditure, % of GDP	34.5%	N/A