The Marshall Islands vs Nauru: Economic Indicators Comparison

The Marshall Islands with a GDP of $221.3M ranked the 193rd largest economy in the world, while Nauru ranked 195th with $125.6M. By GDP per capita, the Marshall Islands and Nauru ranked 123rd vs 74th, respectively.

Gross Domestic Product & Income

Stat	Marshall Islands	Nauru
GDP	$221.3M	$125.6M
GDP growth, 1 year	3.62%	5.7%
GDP growth, 5-years average	N/A	N/A
Population	53k	14k
GDP per capita	$3.8k	$9.9k
GDP per capita growth	2.99%	7.13%
Purchasing Power Parity conversion factor	0.95	0.77
Price level ratio of PPP conversion factor GDP to market exchange rate	0.95	0.6
GDP per capita, PPP adjusted	$4k	$17k
GNI, Atlas method	$283.7M	$153.2M
GNI per capita	$4.9k	$12k
GNI, PPP adjusted	$297.6M	$266.1M
GNI per capita, PPP adjusted	$5.1k	$21k

Financial system and Human development

Stat	Marshall Islands	Nauru
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%	1.5%
Unemployment	4.7%	13.3%
Economic Freedom Index	58	60
Personal Freedom Index	6.2	6.3
Human Freedom Index	6.2	6.2
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	56
Life expectancy at birth, years	65.2	59.7
Suicide mortality rate, per 100,000 people	1	0.2
Mortality caused by road traffic injury, per 100,000 people	5.7	1
Intentional homicides, per 100,000 people	4	0
International tourism, number of arrivals	6.8k	N/A

Government debt & reserves

Stat	Marshall Islands	Nauru
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	$0

Exports, imports and economic structure

Stat	Marshall Islands	Nauru
Exports of goods and services, % of GDP	40.4%	48.8%
Imports of goods and services, % of GDP	85.3%	101.7%
Current account balance (balance of payments)	$53M	$8.4M
Revenue excluding grants, % of GDP	32.2%	96.8%
Grants excluding technical cooperation, BoP	$50.6M	$23.7M
Personal remittances received	$31.5M	$6.5M
Industry including construction value added, % of GDP	12.8%	5.5%
Agriculture, forestry and fishing value added, % of GDP	15.2%	3.6%
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%	85%
Government Expenditure, % of GDP	N/A	N/A