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

Stat	Maldives	Marshall Islands
GDP	$5.3B	$221.3M
GDP growth, 1 year	7%	3.62%
GDP growth, 5-years average	6.3%	N/A
Population	436k	53k
GDP per capita	$10k	$3.8k
GDP per capita growth	2.89%	2.99%
Purchasing Power Parity conversion factor	10.39	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	0.67	0.95
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

Stat	Maldives	Marshall Islands
Income Tax Rate	0%	N/A
Corporate Tax Rate	0%	N/A
Inflation, consumer prices	1.5%	N/A
Inflation, GDP deflator	5.3%	0.3%
Unemployment	6.1%	4.7%
Economic Freedom Index	56.5	58
Personal Freedom Index	7.2	6.2
Human Freedom Index	7.1	6.2
Property Rights Index	48.5	N/A
Judical Effectiveness Index	31.7	N/A
Business Freedom Index	78.7	N/A
Fiscal Health Index	42.9	N/A
Labor Freedom Index	70.6	N/A
Investment Freedom Index	35	N/A
Financial Freedom Index	30	N/A
Trade Freedom Index	61	N/A
Monetary Freedom Index	77	N/A
Government Spending Index	67.9	N/A
Tax Burden Index	95.8	N/A
Government Integrity Index	39.2	N/A
Corruption Perceptions Index	31	64
Life expectancy at birth, years	78.3	65.2
Suicide mortality rate, per 100,000 people	2.3	1
Mortality caused by road traffic injury, per 100,000 people	0.9	5.7
Intentional homicides, per 100,000 people	0.8	4
International tourism, number of arrivals	1.5M	6.8k

Government debt & reserves

Stat	Maldives	Marshall Islands
Central government debt, % of GDP	61.5%	48.9%
External debt stocks, % of GNI	48%	N/A
External debt stocks	$2.3B	N/A
Short-term debt, % of total reserves	36.4%	N/A
Total debt service, % of exports and primary income	9.2%	N/A
Adjusted net savings including particulate emission damage, % of GNI	N/A	N/A
Gross savings, % of GDP	N/A	17.2%
Gross capital formation, % of GDP	N/A	23.4%
Total reserves including gold	$722.1M	N/A
Foreign direct investment net inflows	$538.5M	$9.8M

Exports, imports and economic structure

Stat	Maldives	Marshall Islands
Exports of goods and services, % of GDP	69.1%	40.4%
Imports of goods and services, % of GDP	77.2%	85.3%
Current account balance (balance of payments)	-$1.4B	$53M
Revenue excluding grants, % of GDP	25.7%	32.2%
Grants excluding technical cooperation, BoP	$72.6M	$50.6M
Personal remittances received	$4.2M	$31.5M
Industry including construction value added, % of GDP	12.9%	12.8%
Agriculture, forestry and fishing value added, % of GDP	5.6%	15.2%
Charges for the use of intellectual property, payments BoP	$3.5M	N/A
Charges for the use of intellectual property, receipts BoP	$5.6M	N/A
Expense, % of GDP	25.1%	57.9%
Government Expenditure, % of GDP	32.7%	N/A