The Marshall Islands vs Monaco: Economic Indicators Comparison

Monaco with a GDP of $7.2B ranked the 149th largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Monaco and the Marshall Islands ranked 1st vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Marshall Islands	Monaco
GDP	$221.3M	$7.2B
GDP growth, 1 year	3.62%	6.1%
GDP growth, 5-years average	N/A	N/A
Population	53k	39k
GDP per capita	$3.8k	$186k
GDP per capita growth	2.99%	5.3%
Purchasing Power Parity conversion factor	0.95	N/A
Price level ratio of PPP conversion factor GDP to market exchange rate	0.95	N/A
GDP per capita, PPP adjusted	$4k	$98k
GNI, Atlas method	$283.7M	N/A
GNI per capita	$4.9k	N/A
GNI, PPP adjusted	$297.6M	N/A
GNI per capita, PPP adjusted	$5.1k	N/A

Financial system and Human development

Stat	Marshall Islands	Monaco
Income Tax Rate	N/A	N/A
Corporate Tax Rate	N/A	N/A
Inflation, consumer prices	N/A	N/A
Inflation, GDP deflator	0.3%	0.8%
Unemployment	4.7%	6.3%
Economic Freedom Index	58	83
Personal Freedom Index	6.2	8.7
Human Freedom Index	6.2	8.7
Property Rights Index	N/A	N/A
Judical Effectiveness Index	N/A	N/A
Business Freedom Index	N/A	N/A
Fiscal Health Index	N/A	N/A
Labor Freedom Index	N/A	N/A
Investment Freedom Index	N/A	N/A
Financial Freedom Index	N/A	N/A
Trade Freedom Index	N/A	N/A
Monetary Freedom Index	N/A	N/A
Government Spending Index	N/A	N/A
Tax Burden Index	N/A	N/A
Government Integrity Index	N/A	N/A
Corruption Perceptions Index	64	82
Life expectancy at birth, years	65.2	89.7
Suicide mortality rate, per 100,000 people	1	0.2
Mortality caused by road traffic injury, per 100,000 people	5.7	0
Intentional homicides, per 100,000 people	4	0
International tourism, number of arrivals	6.8k	347k

Government debt & reserves

Stat	Marshall Islands	Monaco
Central government debt, % of GDP	48.9%	N/A
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	N/A	N/A
Gross savings, % of GDP	17.2%	N/A
Gross capital formation, % of GDP	23.4%	N/A
Total reserves including gold	N/A	N/A
Foreign direct investment net inflows	$9.8M	N/A

Exports, imports and economic structure

Stat	Marshall Islands	Monaco
Exports of goods and services, % of GDP	40.4%	N/A
Imports of goods and services, % of GDP	85.3%	N/A
Current account balance (balance of payments)	$53M	N/A
Revenue excluding grants, % of GDP	32.2%	N/A
Grants excluding technical cooperation, BoP	$50.6M	N/A
Personal remittances received	$31.5M	N/A
Industry including construction value added, % of GDP	12.8%	13.1%
Agriculture, forestry and fishing value added, % of GDP	15.2%	N/A
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	57.9%	N/A
Government Expenditure, % of GDP	N/A	N/A