Country comparison Norway vs Marshall Islands

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Gouvernement
GDP Growth (%) [+]20242.1%chart2.8%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q220,508K
Annual GDP [+]2024€446,866Mchart€259M2024Annual GDP [+]
Annual GDP [+]2024$483,593Mchart$280M2024Annual GDP [+]
GDP per capita [+]2024€80,200chart€6,4752024GDP per capita [+]
GDP per capita [+]2024$86,587chart$7,0092024GDP per capita [+]
Quarterly GDP [+]2025Q2€114,729M
Debt (M.€.) [+]2023197,049chart442023Debt (M.€.) [+]
Debt ($M) [+]2023213,124chart482023Debt ($M) [+]
Debt (%GDP) [+]202344.13%chart18.67%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€35,503chart€1,1102023Debt Per Capita [+]
Debt Per Capita [+]2023$38,399chart$1,2002023Debt Per Capita [+]
Deficit (M.€) [+]202458,371chart22023Deficit (M.€) [+]
Deficit ($M) [+]202463,179chart22023Deficit ($M) [+]
Deficit (%GDP) [+]202413.10%chart0.69%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]2024220,464.8chart158.12023Expenditure (M.€) [+]
Expenditure ($M) [+]2024238,626.7chart171.02023Expenditure ($M) [+]
Education Expenditure (M.€) [+]202230,960.3chart18.52022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202232,392.9chart19.52022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202214.47%chart11.35%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202437,248,508,861.0chart24.12023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202339,211.5chart26.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202317.37%chart15.24%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20237,177.1
Defence Expenditure ($M) [+]20237,762.4
Defence Expenditure (%Bud.) [+]20234.00%
Expenditure (%GDP) [+]202449.30%chart65.99%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€39,409chart€3,9532023Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$42,655chart$4,2752023Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€5,674chart€4472022Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$5,942chart$4712022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€6,711chart€6212023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$7,144chart$6712023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€1,300
Defence Expenditure P.C. [+]2023$1,403
Moody's Rating [+]06/07/2024Aaa
S&P Rating [+]07/09/1975AAA
Fitch Rating [+]02/28/2020AAA
Corruption Index [+]202384
Competitiveness Ranking [+]201917º
Fragile States Index [+]202412.7
RTI Raking [+]202486º
Innovation Ranking [+]202421º
Labour
Unemployment Rate [+]October 20254.5%
Unemployment rate [+]2025Q25.0%
Unemployed [+]2025Q2153K
$624.02024NMW [+]
€564.72024NMW [+]
Average Wage [+]2024$71,085
Average Wage [+]2024€65,675
Human Capital Ranking [+]20171º
Markets
Euro / Norwegian krones [+]12/08/202511.7860
US Dollar exchange rate [+]12/08/202510.1124
10-Year Bond Yield [+]12/08/20254.21%
Risk Premium [+]12/08/2025135
Stock ExchangeYTD % [+]12/08/202515.10%
Prices
CPI (overall index) [+]December 20234.8%
HICP [+]October 20253.0%
PPI Year on Year [+]October 20250.9%
Money Market
Key rates [+]09/19/20254.00%
Business
Doing Business [+]20209ºchart153º2020Doing Business [+]
IPI Year on Year [+]October 20255.1%
Passengers vehicles Year [+]December 2024252,252
Annual Vehicles/ 1,000 p. [+]December 202238.26
Vehicles / 1,000 people [+]2021634.33
Taxes
Tax Revenue (%GDP) [+]202440.4%chart26.1%2022Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200625.00%
Top tax rate + SSC [+]202247.4%
Trade
Annual arrivals [+]20224,979,400chart352021Annual arrivals [+]
Exports [+]2024€154,449.8Mchart€55.8M2023Exports [+]
Exports [+]2024$167,173.4Mchart$60.3M2023Exports [+]
Exports % GDP [+]202434.56%chart23.30%2023Exports % GDP [+]
Imports [+]2024€91,038.5Mchart€95.8M2023Imports [+]
Imports [+]2024$98,538.3Mchart$103.6M2023Imports [+]
Imports % GDP [+]202420.37%chart40.02%2023Imports % GDP [+]
Trade balance [+]2024€63,411.3Mchart€-40.0M2023Trade balance [+]
Trade balance [+]2024$68,635.1Mchart$-44.7M2023Trade balance [+]
Trade balance % GDP [+]202414.19%chart-16.72%2023Trade balance % GDP [+]
Retail Sales YoY [+]October 20253.4%
Socio-Demography
Global AgeWatch Ranking [+]20152º
Density [+]20249chart2222023Density [+]
Global Peace Ranking [+]202428ºchart-1º2023Global Peace Ranking [+]
Crude divorce rate [+]20201.80‰
Remittance received ($M) [+]2017614.1chart29.42017Remittance received ($M) [+]
% Immigrant [+]202015.81%chart7.50%2020% Immigrant [+]
% Emigrant [+]20203.55%chart24.74%2020% Emigrant [+]
Birth Rate [+]20249.70‰chart21.14‰2023Birth Rate [+]
Remittance sent ($M) [+]20172,237.9chart5.72017Remittance sent ($M) [+]
Crude death rate [+]20247.90‰chart6.97‰2023Crude death rate [+]
Fertility Rate [+]20231.40chart2.922023Fertility Rate [+]
Crude marriage rate [+]20203.30‰
% risk of poverty [+]202411.6%chart7.2%2019% risk of poverty [+]
Population [+]20245,594,340chart40,0002023Population [+]
Immigrant stock [+]2020852,238chart3,2982020Immigrant stock [+]
Emigrant stock [+]2020191,392chart10,8862020Emigrant stock [+]
HDI [+]20220.966chart0.7312022HDI [+]
Gender Gap Ranking [+]20243º
Life expectancy [+]202483.30chart66.952023Life expectancy [+]
Suicides [+]2023728
Suicide rate [+]202313.12
Number of homicides [+]202340chart21994Number of homicides [+]
Rate Homicides per 100.000 [+]20230.72chart4.191994Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20237.86
Annual crude oil production [+]20241,791
Crude Oil Reserves [+]20218,122.2
Consumption GWh [+]2023127,324
Generation GWh [+]2023152,095
Others
COVID-19 - Deaths [+]11/16/20255,732chart1711/16/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]11/16/20251,546,649chart16,29711/16/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]12/23/20234,061,312
COVID-19 - Deaths per million population [+]11/16/20251,024.61chart425.0011/16/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/202313,020,641chart42,52811/04/2021Doses administered [+]
Norway
Marshall Islands