The Marshall Islands vs Tuvalu: Economic Indicators Comparison

The Marshall Islands with a GDP of $221.3M ranked the 193rd largest economy in the world, while Tuvalu ranked 196th with $42.6M. By GDP per capita, the Marshall Islands and Tuvalu ranked 123rd vs 124th, respectively.

Gross Domestic Product & Income

Stat	Marshall Islands	Tuvalu
GDP	$221.3M	$42.6M
GDP growth, 1 year	3.62%	2.5%
GDP growth, 5-years average	N/A	N/A
Population	53k	11k
GDP per capita	$3.8k	$3.7k
GDP per capita growth	2.99%	1.27%
Purchasing Power Parity conversion factor	0.95	1.22
Price level ratio of PPP conversion factor GDP to market exchange rate	0.95	0.91
GDP per capita, PPP adjusted	$4k	$4k
GNI, Atlas method	$283.7M	$62.5M
GNI per capita	$4.9k	$5.4k
GNI, PPP adjusted	$297.6M	$70.2M
GNI per capita, PPP adjusted	$5.1k	$6.1k

Financial system and Human development

Stat	Marshall Islands	Tuvalu
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%	4.9%
Unemployment	4.7%	8.5%
Economic Freedom Index	58	60
Personal Freedom Index	6.2	6.2
Human Freedom Index	6.2	6.1
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	48
Life expectancy at birth, years	65.2	66
Suicide mortality rate, per 100,000 people	1	1
Mortality caused by road traffic injury, per 100,000 people	5.7	0.2
Intentional homicides, per 100,000 people	4	18.7
International tourism, number of arrivals	6.8k	2.7k

Government debt & reserves

Stat	Marshall Islands	Tuvalu
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	$299k

Exports, imports and economic structure

Stat	Marshall Islands	Tuvalu
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	$6.8M
Revenue excluding grants, % of GDP	32.2%	N/A
Grants excluding technical cooperation, BoP	$50.6M	$9.6M
Personal remittances received	$31.5M	$4M
Industry including construction value added, % of GDP	12.8%	7.3%
Agriculture, forestry and fishing value added, % of GDP	15.2%	16.5%
Charges for the use of intellectual property, payments BoP	N/A	N/A
Charges for the use of intellectual property, receipts BoP	N/A	$14k
Expense, % of GDP	57.9%	N/A
Government Expenditure, % of GDP	N/A	N/A