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Marshall Islands GDP per Capita

Marshall Islands' GDP per capita rose to $5,813.51 in 2024, up from $5,470.42 in 2023, according to World Bank. This represents an increase of 6.3% ($343.09) from the previous year. The Marshall Islands has GDP per capita lower than the global median ($5,814 vs median $6,791). Compared with the median in Oceania, the Marshall Islands is lower ($5,814 vs regional median $5,870) and ranks 10th out of 18 countries in Oceania.

Marshall Islands' GDP rose to $280.36 million in 2024, up from $259.3 million in 2023.

Yearly Historical Data (1970-2024)

(in USD)
Year GDP per Capita (USD)
2024 5,813.51
2023 5,470.42
2022 5,516.88
2021 5,405.27
2020 5,172.58
2019 5,162.82
2018 4,542.34
2017 4,190.93
2016 3,946.84
2015 3,764.34
2014 3,620.77
2013 3,602.93
2012 3,420.91
2011 3,433.06
2010 3,441.32
2009 3,262.27
2008 3,146.26
2007 3,403.48
2006 3,285.12
2005 3,284.78
2004 3,234.15
2003 3,256.97
2002 3,322.41
2001 3,224.79
2000 3,040.6
1999 2,997.55
1998 3,067.74
1997 3,117.27
1996 3,365.11
1995 3,791.2
1994 3,544.14
1993 3,391.39
1992 3,247.85
1991 3,085.94
1990 3,148.1
1989 3,139.41
1988 3,288.89
1987 3,162.8
1986 3,005.52
1985 2,510.71
1984 2,788.86
1983 2,797.13
1982 2,524.11
1981 2,511.57
1980 2,455
1979 2,737.49
1978 2,766.69
1977 2,704.14
1976 2,726.45
1975 2,806.69
1974 2,900.14
1973 2,587.94
1972 1,979.85
1971 2,011.14
1970 2,038.67
Marshall Islands GDP per Capita : Definition
GDP per Capita measures total economic output for Marshall Islands divided by the number of people, adjusted to 2015 prices and measured in US dollars.
Indicator Last Value Prior Value Period
GDP $280.36M $259.3M 2024
GDP Annual Growth Rate 2.77% -3.93% 2024
GDP per Capita PPP $7,212.33 $6,786.7 2024
Real GDP $218.29M $212.4M 2024