The Marshall Islands vs the Vatican City: Economic Indicators Comparison

The Marshall Islands with a GDP of $221.3M ranked the 193rd largest economy in the world, while the Vatican City ranked 197th with $21.2M. By GDP per capita, the Marshall Islands and the Vatican City ranked 123rd vs 44th, respectively.

Gross Domestic Product & Income

StatMarshall IslandsVatican City
GDP$221.3M$21.2M
GDP growth, 1 year3.62%N/A
GDP growth, 5-years averageN/AN/A
Population53k1k
GDP per capita$3.8k$21k
GDP per capita growth2.99%N/A
Purchasing Power Parity conversion factor0.95N/A
Price level ratio of PPP conversion factor GDP to market exchange rate0.95N/A
GDP per capita, PPP adjusted$4k$30k
GNI, Atlas method$283.7MN/A
GNI per capita$4.9kN/A
GNI, PPP adjusted$297.6MN/A
GNI per capita, PPP adjusted$5.1kN/A

Financial system and Human development

StatMarshall IslandsVatican City
Income Tax RateN/AN/A
Corporate Tax RateN/AN/A
Inflation, consumer pricesN/AN/A
Inflation, GDP deflator0.3%N/A
Unemployment4.7%N/A
Economic Freedom Index5865
Personal Freedom Index6.28.5
Human Freedom Index6.27.8
Property Rights IndexN/AN/A
Judical Effectiveness IndexN/AN/A
Business Freedom IndexN/AN/A
Fiscal Health IndexN/AN/A
Labor Freedom IndexN/AN/A
Investment Freedom IndexN/AN/A
Financial Freedom IndexN/AN/A
Trade Freedom IndexN/AN/A
Monetary Freedom IndexN/AN/A
Government Spending IndexN/AN/A
Tax Burden IndexN/AN/A
Government Integrity IndexN/AN/A
Corruption Perceptions Index6460
Life expectancy at birth, years65.277
Suicide mortality rate, per 100,000 people10.2
Mortality caused by road traffic injury, per 100,000 people5.70.5
Intentional homicides, per 100,000 people40
International tourism, number of arrivals6.8kN/A

Government debt & reserves

StatMarshall IslandsVatican City
Central government debt, % of GDP48.9%N/A
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNIN/AN/A
Gross savings, % of GDP17.2%N/A
Gross capital formation, % of GDP23.4%N/A
Total reserves including goldN/AN/A
Foreign direct investment net inflows$9.8MN/A

Exports, imports and economic structure

StatMarshall IslandsVatican City
Exports of goods and services, % of GDP40.4%N/A
Imports of goods and services, % of GDP85.3%N/A
Current account balance (balance of payments)$53MN/A
Revenue excluding grants, % of GDP32.2%N/A
Grants excluding technical cooperation, BoP$50.6MN/A
Personal remittances received$31.5MN/A
Industry including construction value added, % of GDP12.8%N/A
Agriculture, forestry and fishing value added, % of GDP15.2%N/A
Charges for the use of intellectual property, payments BoPN/AN/A
Charges for the use of intellectual property, receipts BoPN/AN/A
Expense, % of GDP57.9%N/A
Government Expenditure, % of GDPN/AN/A

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

Vatican City vs

CountryGDP
per capita
Population
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M