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Marshall Islands Real GDP

Marshall Islands' real GDP rose to $218.29 million in 2024, up from $212.4 million in 2023, according to World Bank. This represents an increase of 2.8% ($5.89 million) from the previous year. The Marshall Islands has the 3rd lowest real 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 Real GDP (Million USD)
2024 218.29
2023 212.4
2022 221.1
2021 223.6
2020 220.9
2019 227.2
2018 205.7
2017 195
2016 188.3
2015 183.7
2014 180.3
2013 182.6
2012 175.9
2011 178.2
2010 179.1
2009 169.7
2008 163.7
2007 177.1
2006 170.8
2005 170.5
2004 167.5
2003 168.19
2002 170.85
2001 164.86
2000 154.18
1999 150.48
1998 152.52
1997 153.55
1996 164.13
1995 182.99
1994 169.1
1993 159.71
1992 150.66
1991 140.62
1990 140.5
1989 136.83
1988 139.19
1987 129.13
1986 118.07
1985 94.81
1984 101.14
1983 97.37
1982 84.3
1981 80.41
1980 75.55
1979 81.41
1978 79.71
1977 75.46
1976 73.67
1975 73.41
1974 73.36
1973 63.61
1972 47.5
1971 46.99
1970 45.93
Marshall Islands Real GDP : Definition
Real GDP is defined as the value of all goods and services produced in Marshall Islands, measured in US dollars adjusted to 2015 prices. By fixing prices to a base year, it removes the effect of inflation, so this represents real GDP rather than nominal GDP.
Indicator Last Value Prior Value Period
GDP $280.36M $259.3M 2024
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