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

Stat	Marshall Islands	Vatican City
GDP	$221.3M	$21.2M
GDP growth, 1 year	3.62%	N/A
GDP growth, 5-years average	N/A	N/A
Population	53k	1k
GDP per capita	$3.8k	$21k
GDP per capita growth	2.99%	N/A
Purchasing Power Parity conversion factor	0.95	N/A
Price level ratio of PPP conversion factor GDP to market exchange rate	0.95	N/A
GDP per capita, PPP adjusted	$4k	$30k
GNI, Atlas method	$283.7M	N/A
GNI per capita	$4.9k	N/A
GNI, PPP adjusted	$297.6M	N/A
GNI per capita, PPP adjusted	$5.1k	N/A

Financial system and Human development

Stat	Marshall Islands	Vatican City
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%	N/A
Unemployment	4.7%	N/A
Economic Freedom Index	58	65
Personal Freedom Index	6.2	8.5
Human Freedom Index	6.2	7.8
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	60
Life expectancy at birth, years	65.2	77
Suicide mortality rate, per 100,000 people	1	0.2
Mortality caused by road traffic injury, per 100,000 people	5.7	0.5
Intentional homicides, per 100,000 people	4	0
International tourism, number of arrivals	6.8k	N/A

Government debt & reserves

Stat	Marshall Islands	Vatican City
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	N/A

Exports, imports and economic structure

Stat	Marshall Islands	Vatican City
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	N/A
Revenue excluding grants, % of GDP	32.2%	N/A
Grants excluding technical cooperation, BoP	$50.6M	N/A
Personal remittances received	$31.5M	N/A
Industry including construction value added, % of GDP	12.8%	N/A
Agriculture, forestry and fishing value added, % of GDP	15.2%	N/A
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%	N/A
Government Expenditure, % of GDP	N/A	N/A