Compare the economies of the countries

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Economy power of Australia & Marshall Islands

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Australia vs Marshall Islands

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Australia Marshall Islands
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Australia is the nation that is at the same time the entire continent. It is the only country that covers the land of the entire continent. The name of the nation came from the latin Terra Australis, which was basically the name for the Southern Earth. At this moment it is one of the largest federations in the world with an official language being English. Interestingly, though the head of the government is Scott Morrison, the head of the nation is Queen Elizabeth II. On her behalf, the nation is run by David Hurley. More about Australia The Republic of the Marshall Islands is an island country with the capital and the largest city of Majuro. It is located near the equator and is a formal, minor partner with the United States. More about Marshall Islands

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Australia Marshall Islands
Position in the ranking of countries 13 (2021) 176 (2021)
GDP [US$] 1,552,667,363,236 259,538,700
Percentage of the other 598241.2 % 0 %

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

Australia Marshall Islands
Position in the ranking of countries 13 (2021) 172 (2021)
GNI [US$] 1,535,457,123,665 293,704,300
Percentage of the other 522790.1 % 0 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Australia Marshall Islands
Position in the ranking of countries 9 (2021) 64 (2021)
External balance [US$] 66,458,690,947 -59,859,680
Percentage of the other -111024.1 % -0.1 %

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

Australia Marshall Islands
Position in the ranking of countries 9 (2021) 64 (2021)
Unemployment [%] 5.12 -
Percentage of the other - -

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(China)

Australia Marshall Islands
Position in the ranking of countries 53 (2021) 185 (2021)
Population 25,688,079 42,050
Percentage of the other 61089.4 % 0.2 %

Population growth (annual %)

Density

Gender

Demography