Haiti vs the Marshall Islands: Economic Indicators Comparison

Haiti with a GDP of $9.7B ranked the 144th largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Haiti and the Marshall Islands ranked 176th vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Haiti	Marshall Islands
GDP	$9.7B	$221.3M
GDP growth, 1 year	1.5%	3.62%
GDP growth, 5-years average	1.6%	N/A
Population	11M	53k
GDP per capita	$868	$3.8k
GDP per capita growth	0.2%	2.99%
Purchasing Power Parity conversion factor	30.43	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	0.47	0.95
GDP per capita, PPP adjusted	$1.9k	$4k
GNI, Atlas method	$8.9B	$283.7M
GNI per capita	$800	$4.9k
GNI, PPP adjusted	$20.9B	$297.6M
GNI per capita, PPP adjusted	$1.9k	$5.1k

Financial system and Human development

Stat	Haiti	Marshall Islands
Income Tax Rate	30%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	13.5%	N/A
Inflation, GDP deflator	12.8%	0.3%
Unemployment	13.5%	4.7%
Economic Freedom Index	52.3	58
Personal Freedom Index	7.33	6.2
Human Freedom Index	7.04	6.2
Property Rights Index	16.4	N/A
Judical Effectiveness Index	23.3	N/A
Business Freedom Index	33.6	N/A
Fiscal Health Index	96.3	N/A
Labor Freedom Index	62.3	N/A
Investment Freedom Index	45	N/A
Financial Freedom Index	30	N/A
Trade Freedom Index	67	N/A
Monetary Freedom Index	61.5	N/A
Government Spending Index	89.4	N/A
Tax Burden Index	80.2	N/A
Government Integrity Index	22.3	N/A
Corruption Perceptions Index	20	64
Life expectancy at birth, years	63.3	65.2
Suicide mortality rate, per 100,000 people	11.7	1
Mortality caused by road traffic injury, per 100,000 people	15.1	5.7
Intentional homicides, per 100,000 people	10	4
International tourism, number of arrivals	447k	6.8k

Government debt & reserves

Stat	Haiti	Marshall Islands
Central government debt, % of GDP	33%	48.9%
External debt stocks, % of GNI	22.8%	N/A
External debt stocks	$2.2B	N/A
Short-term debt, % of total reserves	0%	N/A
Total debt service, % of exports and primary income	1.2%	N/A
Adjusted net savings including particulate emission damage, % of GNI	17.6%	N/A
Gross savings, % of GDP	24.4%	17.2%
Gross capital formation, % of GDP	29%	23.4%
Total reserves including gold	$2.4B	N/A
Foreign direct investment net inflows	$105M	$9.8M

Exports, imports and economic structure

Stat	Haiti	Marshall Islands
Exports of goods and services, % of GDP	17.1%	40.4%
Imports of goods and services, % of GDP	58.5%	85.3%
Current account balance (balance of payments)	-$343M	$53M
Revenue excluding grants, % of GDP	N/A	32.2%
Grants excluding technical cooperation, BoP	$790.3M	$50.6M
Personal remittances received	$3.1B	$31.5M
Industry including construction value added, % of GDP	66.2%	12.8%
Agriculture, forestry and fishing value added, % of GDP	18.9%	15.2%
Charges for the use of intellectual property, payments BoP	$577k	N/A
Charges for the use of intellectual property, receipts BoP	$25.3M	N/A
Expense, % of GDP	N/A	57.9%
Government Expenditure, % of GDP	18.8%	N/A