Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in Marshall Islands
Marshall Islands: Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP was 0.6305 Percent per annum in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 04 - 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 04 - annual real gdp in Marshall Islands is 0.6305 Percent per annum, measured in 2029.
Compared with earlier readings it is up 2.7% on the previous year and down 95.3% over ten years.
Over the whole period, africa's development dynamics (afdd) table 04 - annual real gdp in Marshall Islands peaked at 13.47 Percent per annum in 2019 and was at its lowest, -7.27 Percent per annum, in 2008.
That places Marshall Islands 156th 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 04 - Annual real GDP in Marshall Islands, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1998 | -2.19 Percent per annum | — |
| 1999 | -2.59 Percent per annum | +18.6% |
| 2000 | 1.73 Percent per annum | -166.8% |
| 2001 | 6.55 Percent per annum | +278.0% |
| 2002 | 3.49 Percent per annum | -46.7% |
| 2003 | -1.53 Percent per annum | -143.8% |
| 2004 | -0.6021 Percent per annum | -60.6% |
| 2005 | 1.96 Percent per annum | -425.3% |
| 2006 | 0.4391 Percent per annum | -77.6% |
| 2007 | 3.72 Percent per annum | +746.5% |
| 2008 | -7.27 Percent per annum | -295.5% |
| 2009 | 4.1 Percent per annum | -156.5% |
| 2010 | 5.77 Percent per annum | +40.6% |
| 2011 | 0.7849 Percent per annum | -86.4% |
| 2012 | 0.1469 Percent per annum | -81.3% |
| 2013 | 5.33 Percent per annum | +3526.1% |
| 2014 | 0.6715 Percent per annum | -87.4% |
| 2015 | 4.19 Percent per annum | +523.3% |
| 2016 | 4.43 Percent per annum | +5.8% |
| 2017 | 6.24 Percent per annum | +41.0% |
| 2018 | 8.41 Percent per annum | +34.7% |
| 2019 | 13.47 Percent per annum | +60.1% |
| 2020 | 0.0946 Percent per annum | -99.3% |
| 2021 | 4.39 Percent per annum | +4545.2% |
| 2022 | 0.4738 Percent per annum | -89.2% |
| 2023 | 1.95 Percent per annum | +312.2% |
| 2024 | 1.98 Percent per annum | +1.5% |
| 2025 | 1.04 Percent per annum | -47.7% |
| 2026 | 0.8316 Percent per annum | -19.9% |
| 2027 | 0.6036 Percent per annum | -27.4% |
| 2028 | 0.6137 Percent per annum | +1.7% |
| 2029 | 0.6305 Percent per annum | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -2.39 Percent per annum | -2.59 Percent per annum | -2.19 Percent per annum | 2 |
| 2000s | 1.26 Percent per annum | -7.27 Percent per annum | 6.55 Percent per annum | 10 |
| 2010s | 4.94 Percent per annum | 0.1469 Percent per annum | 13.47 Percent per annum | 10 |
| 2020s | 1.26 Percent per annum | 0.0946 Percent per annum | 4.39 Percent per annum | 10 |
Countries ranked near Marshall Islands
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- GDP per capita 6,174 constant 2015 US$ (2025)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- External balance on goods and services as a percent of GDP -43.8% (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7273 units per US$ of GDP (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Gdp worldbank constant usd, per capita 6,174 units per person (2025)
- Gross fixed capital formation 65.14 million current US$ (2024)
- Services, value added 68.2% (2024)
Frequently asked questions
- What is africa's development dynamics (afdd) table 04 - annual real gdp in Marshall Islands?
- Africa's development dynamics (afdd) table 04 - annual real gdp in Marshall Islands was 0.6305 Percent per annum in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 04 - annual real gdp recorded in Marshall Islands?
- The highest recorded value was 13.47 Percent per annum in 2019.
- What is the lowest africa's development dynamics (afdd) table 04 - annual real gdp recorded in Marshall Islands?
- The lowest recorded value was -7.27 Percent per annum in 2008.
- How does Marshall Islands rank for africa's development dynamics (afdd) table 04 - annual real gdp?
- Marshall Islands ranks 156th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 04 - annual real gdp rising or falling in Marshall Islands?
- Over the last ten years it is down 95.3%. 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 04 - Annual real GDP growth per capita — Growth rate of real gross domestic product per capita. 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 4 shows the full time series of annual real GDP growth per capta, up to present, and including projected real GDP growth rates over the next five years calculated using the real GDP growth and population growth figures reported in the AfDD Statistical Annex.