Kenya vs the Marshall Islands: Economic Indicators Comparison

Kenya with a GDP of $87.9B ranked the 66th largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Kenya and the Marshall Islands ranked 153rd vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Kenya	Marshall Islands
GDP	$87.9B	$221.3M
GDP growth, 1 year	6%	3.62%
GDP growth, 5-years average	5.6%	N/A
Population	48.5M	53k
GDP per capita	$1.7k	$3.8k
GDP per capita growth	3.9%	2.99%
Purchasing Power Parity conversion factor	49.97	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	0.49	0.95
GDP per capita, PPP adjusted	$3.7k	$4k
GNI, Atlas method	$83.1B	$283.7M
GNI per capita	$1.6k	$4.9k
GNI, PPP adjusted	$176.7B	$297.6M
GNI per capita, PPP adjusted	$3.4k	$5.1k

Financial system and Human development

Stat	Kenya	Marshall Islands
Income Tax Rate	30%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	4.7%	N/A
Inflation, GDP deflator	2.8%	0.3%
Unemployment	9.3%	4.7%
Economic Freedom Index	55.3	58
Personal Freedom Index	6.48	6.2
Human Freedom Index	6.61	6.2
Property Rights Index	63.2	N/A
Judical Effectiveness Index	48.6	N/A
Business Freedom Index	55	N/A
Fiscal Health Index	13.5	N/A
Labor Freedom Index	55.8	N/A
Investment Freedom Index	55	N/A
Financial Freedom Index	50	N/A
Trade Freedom Index	60.4	N/A
Monetary Freedom Index	75	N/A
Government Spending Index	79.6	N/A
Tax Burden Index	78.7	N/A
Government Integrity Index	28.2	N/A
Corruption Perceptions Index	27	64
Life expectancy at birth, years	65.9	65.2
Suicide mortality rate, per 100,000 people	3.2	1
Mortality caused by road traffic injury, per 100,000 people	27.8	5.7
Intentional homicides, per 100,000 people	5	4
International tourism, number of arrivals	1.4M	6.8k

Government debt & reserves

Stat	Kenya	Marshall Islands
Central government debt, % of GDP	57.2%	48.9%
External debt stocks, % of GNI	36.1%	N/A
External debt stocks	$31.5B	N/A
Short-term debt, % of total reserves	31.1%	N/A
Total debt service, % of exports and primary income	22.6%	N/A
Adjusted net savings including particulate emission damage, % of GNI	-2.2%	N/A
Gross savings, % of GDP	10.5%	17.2%
Gross capital formation, % of GDP	18.4%	23.4%
Total reserves including gold	$8.2B	N/A
Foreign direct investment net inflows	$1.6B	$9.8M

Exports, imports and economic structure

Stat	Kenya	Marshall Islands
Exports of goods and services, % of GDP	13.2%	40.4%
Imports of goods and services, % of GDP	23%	85.3%
Current account balance (balance of payments)	-$5B	$53M
Revenue excluding grants, % of GDP	22%	32.2%
Grants excluding technical cooperation, BoP	$1.5B	$50.6M
Personal remittances received	$2.7B	$31.5M
Industry including construction value added, % of GDP	16.4%	12.8%
Agriculture, forestry and fishing value added, % of GDP	34.2%	15.2%
Charges for the use of intellectual property, payments BoP	$206.8M	N/A
Charges for the use of intellectual property, receipts BoP	$68.6M	N/A
Expense, % of GDP	26.2%	57.9%
Government Expenditure, % of GDP	26.1%	N/A