Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Marshall Islands
Marshall Islands: Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP was 1.5 Percent per annum in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Marshall Islands, 1998–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
The most recent figure for africa's development dynamics (afdd) table 02 - annual real gdp in Marshall Islands is 1.5 Percent per annum, measured in 2029.
The figure is down 85.5% over ten years.
Over the whole period, africa's development dynamics (afdd) table 02 - annual real gdp in Marshall Islands peaked at 10.36 Percent per annum in 2019 and was at its lowest, -7.65 Percent per annum, in 2008.
That places Marshall Islands 141st out of 166 countries with data for 2029, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Marshall Islands, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1998 | -0.6794 Percent per annum | — |
| 1999 | -1.36 Percent per annum | +100.9% |
| 2000 | 2.47 Percent per annum | -280.9% |
| 2001 | 6.92 Percent per annum | +180.2% |
| 2002 | 3.65 Percent per annum | -47.3% |
| 2003 | -1.54 Percent per annum | -142.1% |
| 2004 | -0.7079 Percent per annum | -53.9% |
| 2005 | 1.77 Percent per annum | -350.5% |
| 2006 | 0.2025 Percent per annum | -88.6% |
| 2007 | 3.39 Percent per annum | +1574.9% |
| 2008 | -7.65 Percent per annum | -325.4% |
| 2009 | 3.67 Percent per annum | -148.0% |
| 2010 | 5.42 Percent per annum | +47.6% |
| 2011 | -0.0529 Percent per annum | -101.0% |
| 2012 | -1.31 Percent per annum | +2375.3% |
| 2013 | 3.61 Percent per annum | -375.8% |
| 2014 | -1.16 Percent per annum | -132.1% |
| 2015 | 2.1 Percent per annum | -281.5% |
| 2016 | 2.14 Percent per annum | +2.1% |
| 2017 | 3.73 Percent per annum | +74.1% |
| 2018 | 5.66 Percent per annum | +51.6% |
| 2019 | 10.36 Percent per annum | +83.0% |
| 2020 | -2.85 Percent per annum | -127.5% |
| 2021 | 1.11 Percent per annum | -139.1% |
| 2022 | -0.6755 Percent per annum | -160.7% |
| 2023 | 3 Percent per annum | -544.1% |
| 2024 | 3 Percent per annum | +0.0% |
| 2025 | 2 Percent per annum | -33.3% |
| 2026 | 1.75 Percent per annum | -12.5% |
| 2027 | 1.5 Percent per annum | -14.3% |
| 2028 | 1.5 Percent per annum | +0.0% |
| 2029 | 1.5 Percent per annum | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.02 Percent per annum | -1.36 Percent per annum | -0.6794 Percent per annum | 2 |
| 2000s | 1.22 Percent per annum | -7.65 Percent per annum | 6.92 Percent per annum | 10 |
| 2010s | 3.05 Percent per annum | -1.31 Percent per annum | 10.36 Percent per annum | 10 |
| 2020s | 1.18 Percent per annum | -2.85 Percent per annum | 3 Percent per annum | 10 |
Countries ranked near Marshall Islands
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Gdp worldbank constant usd, per capita 6,174 units per person (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7273 units per US$ of GDP (2025)
- External balance on goods and services as a percent of GDP -43.8% (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- GDP per capita 6,174 constant 2015 US$ (2025)
- External balance on goods and services -135.00 million current US$ (2025)
- Gross capital formation 56.43 million constant 2015 US$ (2024)
Frequently asked questions
- What is africa's development dynamics (afdd) table 02 - annual real gdp in Marshall Islands?
- Africa's development dynamics (afdd) table 02 - annual real gdp in Marshall Islands was 1.5 Percent per annum in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Marshall Islands?
- The highest recorded value was 10.36 Percent per annum in 2019.
- What is the lowest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Marshall Islands?
- The lowest recorded value was -7.65 Percent per annum in 2008.
- How does Marshall Islands rank for africa's development dynamics (afdd) table 02 - annual real gdp?
- Marshall Islands ranks 141st out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 02 - annual real gdp rising or falling in Marshall Islands?
- Over the last ten years it is down 85.5%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP growth rate — Growth rate of real gross domestic product. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 2 shows the full time series of annual real GDP growth, up to present, and including projected real GDP growth rates over the next five years.