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
Stat | Marshall Islands | Niger |
---|---|---|
GDP | $221.3M | $9.3B |
GDP growth, 1 year | 3.62% | 5.2% |
GDP growth, 5-years average | N/A | 5.4% |
Population | 53k | 21.5M |
GDP per capita | $3.8k | $414 |
GDP per capita growth | 2.99% | 2.5% |
Purchasing Power Parity conversion factor | 0.95 | 216.34 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.95 | 0.39 |
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
Stat | Marshall Islands | Niger |
---|---|---|
Income Tax Rate | N/A | 35% |
Corporate Tax Rate | N/A | 30% |
Inflation, consumer prices | N/A | 3% |
Inflation, GDP deflator | 0.3% | 2.6% |
Unemployment | 4.7% | 0.3% |
Economic Freedom Index | 58 | 54.7 |
Personal Freedom Index | 6.2 | 6.67 |
Human Freedom Index | 6.2 | 6 |
Property Rights Index | N/A | 45.6 |
Judical Effectiveness Index | N/A | 42.6 |
Business Freedom Index | N/A | 55.4 |
Fiscal Health Index | N/A | 44.7 |
Labor Freedom Index | N/A | 47.9 |
Investment Freedom Index | N/A | 55 |
Financial Freedom Index | N/A | 40 |
Trade Freedom Index | N/A | 61.2 |
Monetary Freedom Index | N/A | 74.8 |
Government Spending Index | N/A | 79 |
Tax Burden Index | N/A | 76.7 |
Government Integrity Index | N/A | 33.4 |
Corruption Perceptions Index | 64 | 34 |
Life expectancy at birth, years | 65.2 | 61.6 |
Suicide mortality rate, per 100,000 people | 1 | 4.6 |
Mortality caused by road traffic injury, per 100,000 people | 5.7 | 26.2 |
Intentional homicides, per 100,000 people | 4 | 4.4 |
International tourism, number of arrivals | 6.8k | 157k |
Government debt & reserves
Stat | Marshall Islands | Niger |
---|---|---|
Central government debt, % of GDP | 48.9% | 55.1% |
External debt stocks, % of GNI | N/A | 36.1% |
External debt stocks | N/A | $3.3B |
Short-term debt, % of total reserves | N/A | N/A |
Total debt service, % of exports and primary income | N/A | 8.5% |
Adjusted net savings including particulate emission damage, % of GNI | N/A | 5% |
Gross savings, % of GDP | 17.2% | 20.2% |
Gross capital formation, % of GDP | 23.4% | 37.1% |
Total reserves including gold | N/A | N/A |
Foreign direct investment net inflows | $9.8M | $2B |
Exports, imports and economic structure
Stat | Marshall Islands | Niger |
---|---|---|
Exports of goods and services, % of GDP | 40.4% | 15.7% |
Imports of goods and services, % of GDP | 85.3% | 33% |
Current account balance (balance of payments) | $53M | -$1.3B |
Revenue excluding grants, % of GDP | 32.2% | 14.6% |
Grants excluding technical cooperation, BoP | $50.6M | $881.8M |
Personal remittances received | $31.5M | $296.7M |
Industry including construction value added, % of GDP | 12.8% | 15.5% |
Agriculture, forestry and fishing value added, % of GDP | 15.2% | 39.2% |
Charges for the use of intellectual property, payments BoP | N/A | $2M |
Charges for the use of intellectual property, receipts BoP | N/A | $6.2k |
Expense, % of GDP | 57.9% | 10.2% |
Government Expenditure, % of GDP | N/A | 26.5% |