Kuwait vs the Marshall Islands: Economic Indicators Comparison

Kuwait with a GDP of $140.6B ranked the 58th largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Kuwait and the Marshall Islands ranked 30th vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Kuwait	Marshall Islands
GDP	$140.6B	$221.3M
GDP growth, 1 year	1.7%	3.62%
GDP growth, 5-years average	0.5%	N/A
Population	4.6M	53k
GDP per capita	$34k	$3.8k
GDP per capita growth	-0.74%	2.99%
Purchasing Power Parity conversion factor	0.14	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	0.47	0.95
GDP per capita, PPP adjusted	$67k	$4k
GNI, Atlas method	$141.9B	$283.7M
GNI per capita	$34k	$4.9k
GNI, PPP adjusted	$348.6B	$297.6M
GNI per capita, PPP adjusted	$84k	$5.1k

Financial system and Human development

Stat	Kuwait	Marshall Islands
Income Tax Rate	0%	N/A
Corporate Tax Rate	15%	N/A
Inflation, consumer prices	0.7%	N/A
Inflation, GDP deflator	14.6%	0.3%
Unemployment	2.1%	4.7%
Economic Freedom Index	63.2	58
Personal Freedom Index	6.24	6.2
Human Freedom Index	6.6	6.2
Property Rights Index	57.1	N/A
Judical Effectiveness Index	47	N/A
Business Freedom Index	61.3	N/A
Fiscal Health Index	99.6	N/A
Labor Freedom Index	62.2	N/A
Investment Freedom Index	55	N/A
Financial Freedom Index	60	N/A
Trade Freedom Index	76.4	N/A
Monetary Freedom Index	73.2	N/A
Government Spending Index	22.4	N/A
Tax Burden Index	97.7	N/A
Government Integrity Index	46	N/A
Corruption Perceptions Index	41	64
Life expectancy at birth, years	75.3	65.2
Suicide mortality rate, per 100,000 people	2.3	1
Mortality caused by road traffic injury, per 100,000 people	17.6	5.7
Intentional homicides, per 100,000 people	1.8	4
International tourism, number of arrivals	8.5M	6.8k

Government debt & reserves

Stat	Kuwait	Marshall Islands
Central government debt, % of GDP	14.8%	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	14.6%	N/A
Gross savings, % of GDP	43.2%	17.2%
Gross capital formation, % of GDP	25.2%	23.4%
Total reserves including gold	$40.3B	N/A
Foreign direct investment net inflows	-$21.4M	$9.8M

Exports, imports and economic structure

Stat	Kuwait	Marshall Islands
Exports of goods and services, % of GDP	56.7%	40.4%
Imports of goods and services, % of GDP	43.8%	85.3%
Current account balance (balance of payments)	$24B	$53M
Revenue excluding grants, % of GDP	38.6%	32.2%
Grants excluding technical cooperation, BoP	$1.6M	$50.6M
Personal remittances received	$27.7M	$31.5M
Industry including construction value added, % of GDP	59.6%	12.8%
Agriculture, forestry and fishing value added, % of GDP	0.4%	15.2%
Charges for the use of intellectual property, payments BoP	N/A	N/A
Charges for the use of intellectual property, receipts BoP	N/A	N/A
Expense, % of GDP	52%	57.9%
Government Expenditure, % of GDP	50.9%	N/A