Israel vs the Marshall Islands: Economic Indicators Comparison

Israel with a GDP of $370.6B ranked the 34th largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Israel and the Marshall Islands ranked 26th vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Israel	Marshall Islands
GDP	$370.6B	$221.3M
GDP growth, 1 year	3.3%	3.62%
GDP growth, 5-years average	3.4%	N/A
Population	9.1M	53k
GDP per capita	$42k	$3.8k
GDP per capita growth	1.47%	2.99%
Purchasing Power Parity conversion factor	3.75	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	1.04	0.95
GDP per capita, PPP adjusted	$38k	$4k
GNI, Atlas method	$363.6B	$283.7M
GNI per capita	$41k	$4.9k
GNI, PPP adjusted	$354.8B	$297.6M
GNI per capita, PPP adjusted	$40k	$5.1k

Financial system and Human development

Stat	Israel	Marshall Islands
Income Tax Rate	48%	N/A
Corporate Tax Rate	23%	N/A
Inflation, consumer prices	0.8%	N/A
Inflation, GDP deflator	1.2%	0.3%
Unemployment	4%	4.7%
Economic Freedom Index	74	58
Personal Freedom Index	7.64	6.2
Human Freedom Index	7.41	6.2
Property Rights Index	82.3	N/A
Judical Effectiveness Index	71.8	N/A
Business Freedom Index	72.2	N/A
Fiscal Health Index	89.2	N/A
Labor Freedom Index	64.4	N/A
Investment Freedom Index	75	N/A
Financial Freedom Index	70	N/A
Trade Freedom Index	86.2	N/A
Monetary Freedom Index	84.9	N/A
Government Spending Index	53.5	N/A
Tax Burden Index	61	N/A
Government Integrity Index	77.2	N/A
Corruption Perceptions Index	61	64
Life expectancy at birth, years	82.6	65.2
Suicide mortality rate, per 100,000 people	5.4	1
Mortality caused by road traffic injury, per 100,000 people	4.2	5.7
Intentional homicides, per 100,000 people	1.4	4
International tourism, number of arrivals	4.1M	6.8k

Government debt & reserves

Stat	Israel	Marshall Islands
Central government debt, % of GDP	59.6%	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	15.6%	N/A
Gross savings, % of GDP	24.4%	17.2%
Gross capital formation, % of GDP	21.8%	23.4%
Total reserves including gold	$115.3B	N/A
Foreign direct investment net inflows	$20.8B	$9.8M

Exports, imports and economic structure

Stat	Israel	Marshall Islands
Exports of goods and services, % of GDP	29.4%	40.4%
Imports of goods and services, % of GDP	29%	85.3%
Current account balance (balance of payments)	$9.3B	$53M
Revenue excluding grants, % of GDP	31.8%	32.2%
Grants excluding technical cooperation, BoP	$533.6M	$50.6M
Personal remittances received	$939.6M	$31.5M
Industry including construction value added, % of GDP	19.4%	12.8%
Agriculture, forestry and fishing value added, % of GDP	1.1%	15.2%
Charges for the use of intellectual property, payments BoP	$1.4B	N/A
Charges for the use of intellectual property, receipts BoP	$1.3B	N/A
Expense, % of GDP	37%	57.9%
Government Expenditure, % of GDP	39.4%	N/A