Rate

4.75%

-0.50

CPI

2.2%

0

Rate

3.65%

-0.60

CPI

1.1%

-0.3

Unemployment

3.4%

0

Unemployment

7.0%

-0.6

Unemployment

11.3%

-1.0

Unemployment

6.7%

-1.0

  1. Countries data: Demographic and economy

Country comparison Marshall Islands vs Luxembourg

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Minimum wages (Dollars) Marshall Islands vs Luxembourg comparison
 
Gouvernement
30,768K2024Q2Qu. GDP Per Capita [+]
Annual GDP [+]2023€263Mchart€79,310M2023Annual GDP [+]
Annual GDP [+]2023$284Mchart$85,755M2023Annual GDP [+]
GDP per capita [+]2023€5,837chart€118,7702023GDP per capita [+]
GDP per capita [+]2023$6,311chart$127,6022023GDP per capita [+]
€20,678M2024Q2Quarterly GDP [+]
Debt (M.€.) [+]202247chart20,3592023Debt (M.€.) [+]
Debt ($M) [+]202250chart22,0142023Debt ($M) [+]
Debt (%GDP) [+]202219.22%chart25.70%2023Debt (%GDP) [+]
Debt Per Capita [+]2022€1,054chart€30,2932023Debt Per Capita [+]
Debt Per Capita [+]2022$1,111chart$32,7562023Debt Per Capita [+]
Deficit (M.€) [+]20222chart-9932023Deficit (M.€) [+]
Deficit ($M) [+]20222chart-1,0742023Deficit ($M) [+]
Deficit (%GDP) [+]20220.66%chart-1.30%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]2022163.2chart38,144.82023Expenditure (M.€) [+]
Expenditure ($M) [+]2022172.0chart41,246.02023Expenditure ($M) [+]
Education Expenditure (M.€) [+]202217.3chart3,646.22022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202219.5chart3,839.62022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202211.35%chart10.74%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202111.6chart3,941,302,000.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202113.7chart4,261,729,852.62023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20217.95%chart10.95%2022Gov. Health Exp. (%Bud.) [+]
543.02022Defence Expenditure (M.€) [+]
571.82022Defence Expenditure ($M) [+]
1.60%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202265.72%chart48.10%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€3,627chart€56,7592023Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$3,822chart$61,3732023Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€387chart€5,5642022Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$407chart$5,9542022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2021€275chart€5,8912023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2021$325chart$6,3702023Gov. Health Exp. P.C. [+]
€8292022Defence Expenditure P.C. [+]
$8872022Defence Expenditure P.C. [+]
Aaa03/17/2023Moody's Rating [+]
AAA04/28/1994S&P Rating [+]
AAA03/06/2020Fitch Rating [+]
772022Corruption Index [+]
18º2019Competitiveness Ranking [+]
20.82018Fragile States Index [+]
115º2022RTI Raking [+]
15º2018Innovation Ranking [+]
Labour
5.8%July 2024Unemployment Rate [+]
6.3%2024Q2Unemployment rate [+]
22K2024Q2Unemployed [+]
NMW [+]2022$624.0chart$2,790.02024NMW [+]
NMW [+]2022€550.9chart€2,570.92024NMW [+]
$79,3872023Average Wage [+]
€73,4182023Average Wage [+]
30º2017Human Capital Ranking [+]
Markets
0.895609/20/2024US Dollar exchange rate [+]
-8.01%09/19/2024Stock ExchangeYTD % [+]
Prices
1.7%August 2024CPI (overall index) [+]
1.7%August 2024HICP [+]
18.0%April 2024PPI Year on Year [+]
Money Market
3.65%09/18/2024Key rates [+]
Business
Doing Business [+]2020153ºchart72º2020Doing Business [+]
-5.9%April 2024IPI Year on Year [+]
42,094December 2022Passengers vehicles Year [+]
71.86December 2022Annual Vehicles/ 1,000 p. [+]
775.272021Vehicles / 1,000 people [+]
Taxes
42.2%2023Tax Revenue (%GDP) [+]
17.00%01/01/2015Standard VAT [+]
47.2%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20186,800chart1,041,1172019Annual arrivals [+]
Exports [+]2023€54.4Mchart€15,843.2M2023Exports [+]
Exports [+]2023$58.8Mchart$17,147.9M2023Exports [+]
Exports % GDP [+]202320.71%chart19.98%2023Exports % GDP [+]
Imports [+]2023€95.7Mchart€24,181.4M2023Imports [+]
Imports [+]2023$103.5Mchart$25,535.2M2023Imports [+]
Imports % GDP [+]202336.44%chart30.49%2023Imports % GDP [+]
Trade balance [+]2023€-41.3Mchart€-8,338.2M2023Trade balance [+]
Trade balance [+]2023$-44.7Mchart$-8,387.3M2023Trade balance [+]
Trade balance % GDP [+]2023-15.73%chart-10.51%2023Trade balance % GDP [+]
6.5%December 2023Retail Sales YoY [+]
Socio-Demography
19º2015Global AgeWatch Ranking [+]
Density [+]2022250chart2592023Density [+]
Global Peace Ranking [+]2023-1ºchart-1º2023Global Peace Ranking [+]
1.90‰2022Crude divorce rate [+]
Remittance received ($M) [+]201729.4chart1,746.12017Remittance received ($M) [+]
% Immigrant [+]20206.00%chart46.96%2020% Immigrant [+]
% Emigrant [+]202019.79%chart12.88%2020% Emigrant [+]
Birth Rate [+]202218.52‰chart9.50‰2023Birth Rate [+]
Remittance sent ($M) [+]20175.7chart1,321.52017Remittance sent ($M) [+]
Crude death rate [+]20227.92‰chart6.60‰2023Crude death rate [+]
Fertility Rate [+]20222.67chart1.312022Fertility Rate [+]
3.80‰2022Crude marriage rate [+]
% risk of poverty [+]20197.2%chart18.8%2023% risk of poverty [+]
Population [+]202245,000chart672,0502023Population [+]
Immigrant stock [+]20203,298chart298,0622020Immigrant stock [+]
Emigrant stock [+]202010,886chart81,7572020Emigrant stock [+]
HDI [+]20210.639chart0.9302021HDI [+]
44º2023Gender Gap Ranking [+]
Life expectancy [+]202265.15chart83.402023Life expectancy [+]
532022Suicides [+]
8.702022Suicide rate [+]
Number of homicides [+]19942chart102022Number of homicides [+]
Rate Homicides per 100.000 [+]19944.01chart1.542022Rate Homicides per 100.000 [+]
Energy and Environment
12.262022CO2 Tons per capita [+]
6,1222022Consumption GWh [+]
7632022Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/202417chart1,00008/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/202416,297chart393,54208/04/2024COVID-19 - Confirmed [+]
462,70206/11/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/2024377.78chart1,487.9808/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]11/04/202142,528chart1,374,54703/25/2023Doses administered [+]
Marshall Islands
Luxembourg