Lithuania vs the Marshall Islands: Economic Indicators Comparison

Lithuania with a GDP of $53.4B ranked the 83rd largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Lithuania and the Marshall Islands ranked 49th vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Lithuania	Marshall Islands
GDP	$53.4B	$221.3M
GDP growth, 1 year	3.4%	3.62%
GDP growth, 5-years average	3.1%	N/A
Population	2.8M	53k
GDP per capita	$19k	$3.8k
GDP per capita growth	5.09%	2.99%
Purchasing Power Parity conversion factor	0.46	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	0.54	0.95
GDP per capita, PPP adjusted	$35k	$4k
GNI, Atlas method	$48.6B	$283.7M
GNI per capita	$17k	$4.9k
GNI, PPP adjusted	$95.7B	$297.6M
GNI per capita, PPP adjusted	$34k	$5.1k

Financial system and Human development

Stat	Lithuania	Marshall Islands
Income Tax Rate	20%	N/A
Corporate Tax Rate	15%	N/A
Inflation, consumer prices	2.5%	N/A
Inflation, GDP deflator	3.3%	0.3%
Unemployment	6%	4.7%
Economic Freedom Index	76.7	58
Personal Freedom Index	8.57	6.2
Human Freedom Index	7.94	6.2
Property Rights Index	77.9	N/A
Judical Effectiveness Index	62.1	N/A
Business Freedom Index	71.9	N/A
Fiscal Health Index	97.4	N/A
Labor Freedom Index	76.5	N/A
Investment Freedom Index	80	N/A
Financial Freedom Index	70	N/A
Trade Freedom Index	86.4	N/A
Monetary Freedom Index	79.7	N/A
Government Spending Index	66	N/A
Tax Burden Index	84.9	N/A
Government Integrity Index	67.4	N/A
Corruption Perceptions Index	59	64
Life expectancy at birth, years	74.7	65.2
Suicide mortality rate, per 100,000 people	31.9	1
Mortality caused by road traffic injury, per 100,000 people	8	5.7
Intentional homicides, per 100,000 people	4.5	4
International tourism, number of arrivals	2.8M	6.8k

Government debt & reserves

Stat	Lithuania	Marshall Islands
Central government debt, % of GDP	35.9%	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	3.4%	N/A
Gross savings, % of GDP	20.3%	17.2%
Gross capital formation, % of GDP	19.8%	23.4%
Total reserves including gold	$5.8B	N/A
Foreign direct investment net inflows	$867.7M	$9.8M

Exports, imports and economic structure

Stat	Lithuania	Marshall Islands
Exports of goods and services, % of GDP	75.6%	40.4%
Imports of goods and services, % of GDP	73.7%	85.3%
Current account balance (balance of payments)	$817.6M	$53M
Revenue excluding grants, % of GDP	31.2%	32.2%
Grants excluding technical cooperation, BoP	$236.8M	$50.6M
Personal remittances received	$1.4B	$31.5M
Industry including construction value added, % of GDP	25.5%	12.8%
Agriculture, forestry and fishing value added, % of GDP	2.9%	15.2%
Charges for the use of intellectual property, payments BoP	$61.7M	N/A
Charges for the use of intellectual property, receipts BoP	$31.1M	N/A
Expense, % of GDP	31.1%	57.9%
Government Expenditure, % of GDP	33.7%	N/A