Hungary vs the Marshall Islands: Economic Indicators Comparison

Hungary with a GDP of $157.9B ranked the 57th largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Hungary and the Marshall Islands ranked 57th vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Hungary	Marshall Islands
GDP	$157.9B	$221.3M
GDP growth, 1 year	4.9%	3.62%
GDP growth, 5-years average	3.8%	N/A
Population	9.9M	53k
GDP per capita	$16k	$3.8k
GDP per capita growth	5.3%	2.99%
Purchasing Power Parity conversion factor	140.41	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	0.52	0.95
GDP per capita, PPP adjusted	$32k	$4k
GNI, Atlas method	$144.3B	$283.7M
GNI per capita	$15k	$4.9k
GNI, PPP adjusted	$291.7B	$297.6M
GNI per capita, PPP adjusted	$30k	$5.1k

Financial system and Human development

Stat	Hungary	Marshall Islands
Income Tax Rate	15%	N/A
Corporate Tax Rate	19%	N/A
Inflation, consumer prices	2.8%	N/A
Inflation, GDP deflator	4.5%	0.3%
Unemployment	3.7%	4.7%
Economic Freedom Index	66.4	58
Personal Freedom Index	8.89	6.2
Human Freedom Index	8.11	6.2
Property Rights Index	64.8	N/A
Judical Effectiveness Index	45.7	N/A
Business Freedom Index	60.2	N/A
Fiscal Health Index	83.6	N/A
Labor Freedom Index	64.6	N/A
Investment Freedom Index	80	N/A
Financial Freedom Index	70	N/A
Trade Freedom Index	86.4	N/A
Monetary Freedom Index	79.9	N/A
Government Spending Index	34.5	N/A
Tax Burden Index	79.9	N/A
Government Integrity Index	47.5	N/A
Corruption Perceptions Index	46	64
Life expectancy at birth, years	76.1	65.2
Suicide mortality rate, per 100,000 people	19.1	1
Mortality caused by road traffic injury, per 100,000 people	7.8	5.7
Intentional homicides, per 100,000 people	2.5	4
International tourism, number of arrivals	17.6M	6.8k

Government debt & reserves

Stat	Hungary	Marshall Islands
Central government debt, % of GDP	69.4%	48.9%
External debt stocks, % of GNI	N/A	N/A
External debt stocks	N/A	N/A
Short-term debt, % of total reserves	N/A	N/A
Total debt service, % of exports and primary income	N/A	N/A
Adjusted net savings including particulate emission damage, % of GNI	13.2%	N/A
Gross savings, % of GDP	26.6%	17.2%
Gross capital formation, % of GDP	27.2%	23.4%
Total reserves including gold	$31.4B	N/A
Foreign direct investment net inflows	-$65.5B	$9.8M

Exports, imports and economic structure

Stat	Hungary	Marshall Islands
Exports of goods and services, % of GDP	84.9%	40.4%
Imports of goods and services, % of GDP	80.6%	85.3%
Current account balance (balance of payments)	-$677.9M	$53M
Revenue excluding grants, % of GDP	39.4%	32.2%
Grants excluding technical cooperation, BoP	$253.3M	$50.6M
Personal remittances received	$4.2B	$31.5M
Industry including construction value added, % of GDP	25.4%	12.8%
Agriculture, forestry and fishing value added, % of GDP	3.6%	15.2%
Charges for the use of intellectual property, payments BoP	$1.5B	N/A
Charges for the use of intellectual property, receipts BoP	$1.8B	N/A
Expense, % of GDP	41.6%	57.9%
Government Expenditure, % of GDP	46.7%	N/A