The Marshall Islands vs Niger: Economic Indicators Comparison

Niger with a GDP of $9.3B ranked the 146th largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Niger and the Marshall Islands ranked 194th vs 123rd, respectively.

Gross Domestic Product & Income

StatMarshall IslandsNiger
GDP$221.3M$9.3B
GDP growth, 1 year3.62%5.2%
GDP growth, 5-years averageN/A5.4%
Population53k21.5M
GDP per capita$3.8k$414
GDP per capita growth2.99%2.5%
Purchasing Power Parity conversion factor0.95216.34
Price level ratio of PPP conversion factor GDP to market exchange rate0.950.39
GDP per capita, PPP adjusted$4k$1.2k
GNI, Atlas method$283.7M$8.7B
GNI per capita$4.9k$390
GNI, PPP adjusted$297.6M$23.3B
GNI per capita, PPP adjusted$5.1k$1k

Financial system and Human development

StatMarshall IslandsNiger
Income Tax RateN/A35%
Corporate Tax RateN/A30%
Inflation, consumer pricesN/A3%
Inflation, GDP deflator0.3%2.6%
Unemployment4.7%0.3%
Economic Freedom Index5854.7
Personal Freedom Index6.26.67
Human Freedom Index6.26
Property Rights IndexN/A45.6
Judical Effectiveness IndexN/A42.6
Business Freedom IndexN/A55.4
Fiscal Health IndexN/A44.7
Labor Freedom IndexN/A47.9
Investment Freedom IndexN/A55
Financial Freedom IndexN/A40
Trade Freedom IndexN/A61.2
Monetary Freedom IndexN/A74.8
Government Spending IndexN/A79
Tax Burden IndexN/A76.7
Government Integrity IndexN/A33.4
Corruption Perceptions Index6434
Life expectancy at birth, years65.261.6
Suicide mortality rate, per 100,000 people14.6
Mortality caused by road traffic injury, per 100,000 people5.726.2
Intentional homicides, per 100,000 people44.4
International tourism, number of arrivals6.8k157k

Government debt & reserves

StatMarshall IslandsNiger
Central government debt, % of GDP48.9%55.1%
External debt stocks, % of GNIN/A36.1%
External debt stocksN/A$3.3B
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/A8.5%
Adjusted net savings including particulate emission damage, % of GNIN/A5%
Gross savings, % of GDP17.2%20.2%
Gross capital formation, % of GDP23.4%37.1%
Total reserves including goldN/AN/A
Foreign direct investment net inflows$9.8M$2B

Exports, imports and economic structure

StatMarshall IslandsNiger
Exports of goods and services, % of GDP40.4%15.7%
Imports of goods and services, % of GDP85.3%33%
Current account balance (balance of payments)$53M-$1.3B
Revenue excluding grants, % of GDP32.2%14.6%
Grants excluding technical cooperation, BoP$50.6M$881.8M
Personal remittances received$31.5M$296.7M
Industry including construction value added, % of GDP12.8%15.5%
Agriculture, forestry and fishing value added, % of GDP15.2%39.2%
Charges for the use of intellectual property, payments BoPN/A$2M
Charges for the use of intellectual property, receipts BoPN/A$6.2k
Expense, % of GDP57.9%10.2%
Government Expenditure, % of GDPN/A26.5%

Compare with countries close by GDP per capita

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

Niger vs

CountryGDP
per capita
Population
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M
Malawi
$389
18.6M
Somalia
$315
11M
Burundi
$272
10.9M