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Marshall Islands GDP

Marshall Islands' GDP rose to $280.36 million in 2024, up from $259.3 million in 2023, according to World Bank. This represents an increase of 8.1% ($21.06 million) from the previous year. The Marshall Islands has the 3rd lowest GDP. Other bottom countries are Tuvalu, Nauru, Palau and Kiribati.

Marshall Islands' GDP per capita rose to $5,813.51 in 2024, up from $5,470.42 in 2023.

Yearly Historical Data (1970-2024)

(in Million USD)
Year GDP (Million USD)
2024 280.36
2023 259.3
2022 253.4
2021 258.9
2020 241.8
2019 232.9
2018 220
2017 213.7
2016 201.8
2015 183.7
2014 186
2013 186.4
2012 180.7
2011 172.3
2010 161.1
2009 151.2
2008 146.6
2007 150.5
2006 143.2
2005 138
2004 132.9
2003 131.13
2002 131.96
2001 122.41
2000 114.84
1999 113.35
1998 112.07
1997 109.88
1996 110.86
1995 120.23
1994 108.07
1993 99.46
1992 91.06
1991 82.51
1990 78.48
1989 72.8
1988 70.69
1987 62.98
1986 55.99
1985 43.88
1984 45.14
1983 41.75
1982 34.92
1981 31.02
1980 26.71
1979 25.55
1978 22.21
1977 20.21
1976 18.15
1975 16.69
1974 15.22
1973 11.61
1972 9.97
1971 9.12
1970 8.41
Marshall Islands GDP : Definition
GDP measures the total value of all goods and services produced in Marshall Islands, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 2.77% -3.93% 2024
GDP per Capita $5,813.51 $5,470.42 2024
GDP per Capita PPP $7,212.33 $6,786.7 2024
Real GDP $218.29M $212.4M 2024