Malawi vs the Marshall Islands: Economic Indicators Comparison

Malawi with a GDP of $7.1B ranked the 150th largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Malawi and the Marshall Islands ranked 195th vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Malawi	Marshall Islands
GDP	$7.1B	$221.3M
GDP growth, 1 year	3.2%	3.62%
GDP growth, 5-years average	3.6%	N/A
Population	18.6M	53k
GDP per capita	$389	$3.8k
GDP per capita growth	0.8%	2.99%
Purchasing Power Parity conversion factor	217.52	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	0.3	0.95
GDP per capita, PPP adjusted	$1.2k	$4k
GNI, Atlas method	$6.5B	$283.7M
GNI per capita	$360	$4.9k
GNI, PPP adjusted	$23.7B	$297.6M
GNI per capita, PPP adjusted	$1.3k	$5.1k

Financial system and Human development

Stat	Malawi	Marshall Islands
Income Tax Rate	30%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	9.2%	N/A
Inflation, GDP deflator	8.6%	0.3%
Unemployment	5.4%	4.7%
Economic Freedom Index	52.8	58
Personal Freedom Index	7.18	6.2
Human Freedom Index	6.68	6.2
Property Rights Index	43.1	N/A
Judical Effectiveness Index	42.1	N/A
Business Freedom Index	41.9	N/A
Fiscal Health Index	23.6	N/A
Labor Freedom Index	62.8	N/A
Investment Freedom Index	50	N/A
Financial Freedom Index	50	N/A
Trade Freedom Index	75.4	N/A
Monetary Freedom Index	69.1	N/A
Government Spending Index	71.7	N/A
Tax Burden Index	79	N/A
Government Integrity Index	24.8	N/A
Corruption Perceptions Index	32	64
Life expectancy at birth, years	63.3	65.2
Suicide mortality rate, per 100,000 people	3.7	1
Mortality caused by road traffic injury, per 100,000 people	31	5.7
Intentional homicides, per 100,000 people	1.7	4
International tourism, number of arrivals	871k	6.8k

Government debt & reserves

Stat	Malawi	Marshall Islands
Central government debt, % of GDP	61.3%	48.9%
External debt stocks, % of GNI	32.2%	N/A
External debt stocks	$2.3B	N/A
Short-term debt, % of total reserves	3%	N/A
Total debt service, % of exports and primary income	5.7%	N/A
Adjusted net savings including particulate emission damage, % of GNI	-16.7%	N/A
Gross savings, % of GDP	13.2%	17.2%
Gross capital formation, % of GDP	13.4%	23.4%
Total reserves including gold	$759.6M	N/A
Foreign direct investment net inflows	$102M	$9.8M

Exports, imports and economic structure

Stat	Malawi	Marshall Islands
Exports of goods and services, % of GDP	29.2%	40.4%
Imports of goods and services, % of GDP	36.2%	85.3%
Current account balance (balance of payments)	-$1.4B	$53M
Revenue excluding grants, % of GDP	18.1%	32.2%
Grants excluding technical cooperation, BoP	$973.7M	$50.6M
Personal remittances received	$181.6M	$31.5M
Industry including construction value added, % of GDP	14.4%	12.8%
Agriculture, forestry and fishing value added, % of GDP	26.1%	15.2%
Charges for the use of intellectual property, payments BoP	$3.2M	N/A
Charges for the use of intellectual property, receipts BoP	N/A	N/A
Expense, % of GDP	20.9%	57.9%
Government Expenditure, % of GDP	30.7%	N/A