Maldives vs the Marshall Islands: Economic Indicators Comparison

Maldives with a GDP of $5.3B ranked the 155th largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Maldives and the Marshall Islands ranked 72nd vs 123rd, respectively.

Gross Domestic Product & Income

StatMaldivesMarshall Islands
GDP$5.3B$221.3M
GDP growth, 1 year7%3.62%
GDP growth, 5-years average6.3%N/A
Population436k53k
GDP per capita$10k$3.8k
GDP per capita growth2.89%2.99%
Purchasing Power Parity conversion factor10.390.95
Price level ratio of PPP conversion factor GDP to market exchange rate0.670.95
GDP per capita, PPP adjusted$22k$4k
GNI, Atlas method$4.8B$283.7M
GNI per capita$9.3k$4.9k
GNI, PPP adjusted$7.3B$297.6M
GNI per capita, PPP adjusted$14k$5.1k

Financial system and Human development

StatMaldivesMarshall Islands
Income Tax Rate0%N/A
Corporate Tax Rate0%N/A
Inflation, consumer prices1.5%N/A
Inflation, GDP deflator5.3%0.3%
Unemployment6.1%4.7%
Economic Freedom Index56.558
Personal Freedom Index7.26.2
Human Freedom Index7.16.2
Property Rights Index48.5N/A
Judical Effectiveness Index31.7N/A
Business Freedom Index78.7N/A
Fiscal Health Index42.9N/A
Labor Freedom Index70.6N/A
Investment Freedom Index35N/A
Financial Freedom Index30N/A
Trade Freedom Index61N/A
Monetary Freedom Index77N/A
Government Spending Index67.9N/A
Tax Burden Index95.8N/A
Government Integrity Index39.2N/A
Corruption Perceptions Index3164
Life expectancy at birth, years78.365.2
Suicide mortality rate, per 100,000 people2.31
Mortality caused by road traffic injury, per 100,000 people0.95.7
Intentional homicides, per 100,000 people0.84
International tourism, number of arrivals1.5M6.8k

Government debt & reserves

StatMaldivesMarshall Islands
Central government debt, % of GDP61.5%48.9%
External debt stocks, % of GNI48%N/A
External debt stocks$2.3BN/A
Short-term debt, % of total reserves36.4%N/A
Total debt service, % of exports and primary income9.2%N/A
Adjusted net savings including particulate emission damage, % of GNIN/AN/A
Gross savings, % of GDPN/A17.2%
Gross capital formation, % of GDPN/A23.4%
Total reserves including gold$722.1MN/A
Foreign direct investment net inflows$538.5M$9.8M

Exports, imports and economic structure

StatMaldivesMarshall Islands
Exports of goods and services, % of GDP69.1%40.4%
Imports of goods and services, % of GDP77.2%85.3%
Current account balance (balance of payments)-$1.4B$53M
Revenue excluding grants, % of GDP25.7%32.2%
Grants excluding technical cooperation, BoP$72.6M$50.6M
Personal remittances received$4.2M$31.5M
Industry including construction value added, % of GDP12.9%12.8%
Agriculture, forestry and fishing value added, % of GDP5.6%15.2%
Charges for the use of intellectual property, payments BoP$3.5MN/A
Charges for the use of intellectual property, receipts BoP$5.6MN/A
Expense, % of GDP25.1%57.9%
Government Expenditure, % of GDP32.7%N/A

Compare with countries close by GDP per capita

Maldives vs

CountryGDP
per capita
Population
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k

Marshall Islands vs

CountryGDP
per capita
Population
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M