Liberia vs the Marshall Islands: Economic Indicators Comparison

Liberia with a GDP of $3.3B ranked the 164th largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Liberia and the Marshall Islands ranked 186th vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Liberia	Marshall Islands
GDP	$3.3B	$221.3M
GDP growth, 1 year	1.2%	3.62%
GDP growth, 5-years average	0.6%	N/A
Population	4.7M	53k
GDP per capita	$677	$3.8k
GDP per capita growth	-1.23%	2.99%
Purchasing Power Parity conversion factor	0.52	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	0.52	0.95
GDP per capita, PPP adjusted	$1.4k	$4k
GNI, Atlas method	$2.9B	$283.7M
GNI per capita	$610	$4.9k
GNI, PPP adjusted	$5.5B	$297.6M
GNI per capita, PPP adjusted	$1.1k	$5.1k

Financial system and Human development

Stat	Liberia	Marshall Islands
Income Tax Rate	25%	N/A
Corporate Tax Rate	25%	N/A
Inflation, consumer prices	23.4%	N/A
Inflation, GDP deflator	-1.9%	0.3%
Unemployment	2%	4.7%
Economic Freedom Index	49	58
Personal Freedom Index	6.1	6.2
Human Freedom Index	6.6	6.2
Property Rights Index	31.1	N/A
Judical Effectiveness Index	37.9	N/A
Business Freedom Index	48.2	N/A
Fiscal Health Index	59.7	N/A
Labor Freedom Index	38.2	N/A
Investment Freedom Index	55	N/A
Financial Freedom Index	20	N/A
Trade Freedom Index	60.6	N/A
Monetary Freedom Index	62.1	N/A
Government Spending Index	65.5	N/A
Tax Burden Index	86.1	N/A
Government Integrity Index	23.8	N/A
Corruption Perceptions Index	32	64
Life expectancy at birth, years	63.3	65.2
Suicide mortality rate, per 100,000 people	6.8	1
Mortality caused by road traffic injury, per 100,000 people	35.9	5.7
Intentional homicides, per 100,000 people	3.2	4
International tourism, number of arrivals	N/A	6.8k

Government debt & reserves

Stat	Liberia	Marshall Islands
Central government debt, % of GDP	40.5%	48.9%
External debt stocks, % of GNI	44.7%	N/A
External debt stocks	$1.3B	N/A
Short-term debt, % of total reserves	0%	N/A
Total debt service, % of exports and primary income	2.8%	N/A
Adjusted net savings including particulate emission damage, % of GNI	-99%	N/A
Gross savings, % of GDP	-64.1%	17.2%
Gross capital formation, % of GDP	12.9%	23.4%
Total reserves including gold	$560.3M	N/A
Foreign direct investment net inflows	$129.1M	$9.8M

Exports, imports and economic structure

Stat	Liberia	Marshall Islands
Exports of goods and services, % of GDP	26%	40.4%
Imports of goods and services, % of GDP	94.3%	85.3%
Current account balance (balance of payments)	-$674.1M	$53M
Revenue excluding grants, % of GDP	15.7%	32.2%
Grants excluding technical cooperation, BoP	$436.2M	$50.6M
Personal remittances received	$459.9M	$31.5M
Industry including construction value added, % of GDP	12.5%	12.8%
Agriculture, forestry and fishing value added, % of GDP	37.3%	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	16.5%	57.9%
Government Expenditure, % of GDP	33.9%	N/A