Annual gdp growth in Marshall Islands
Marshall Islands: Annual gdp growth was -3.93 in 2023. ◆ Volatile
Latest (2023)
-3.93
Change on year
down 250.9%
World rank
205th
of 211 countries
All-time high
10.45
in 2019
All-time low
-7.57
in 2008
Years of data
24
2000–2023
Annual gdp growth in Marshall Islands, 2000–2023
Source: Our World in Data.
Analysis
The most recent figure for annual gdp growth in Marshall Islands is -3.93, measured in 2023.
That represents a change of down 250.9% on the previous year and down 203.2% over ten years.
Over the whole period, annual gdp growth in Marshall Islands peaked at 10.45 in 2019 and was at its lowest, -7.57, in 2008.
That places Marshall Islands 205th out of 211 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.28 | -7.57 | 6.93 | 10 |
| 2010s | 3.02 | -1.29 | 10.45 | 10 |
| 2020s | -1.65 | -3.93 | 1.22 | 4 |
Countries ranked near Marshall Islands
More economy & growth data for Marshall Islands
- External balance on goods and services as a percent of gdp -43.83 (2025)
- Agriculture, forestry, and fishing, value added 45.31 million constant 2015 US$ (2024)
- Manufacturing, value added 9.04 million current LCU (2024)
- Manufacturing, value added 9.04 million current US$ (2024)
- Agriculture, forestry, and fishing, value added 45.31 million constant LCU (2024)
- Agriculture, forestry, and fishing, value added 21.5% (2024)
- Trade 115.9% (2025)
- External balance on goods and services -135.00 million current LCU (2025)
- External balance on goods and services -43.8% (2025)
- Manufacturing, value added 3.33 million constant 2015 US$ (2024)
Frequently asked questions
- What is annual gdp growth in Marshall Islands?
- Annual gdp growth in Marshall Islands was -3.93 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in Marshall Islands?
- The highest recorded value was 10.45 in 2019.
- What is the lowest annual gdp growth recorded in Marshall Islands?
- The lowest recorded value was -7.57 in 2008.
- How does Marshall Islands rank for annual gdp growth?
- Marshall Islands ranks 205th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Marshall Islands?
- Over the last ten years it is down 203.2%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).