Annual growth rate of real GDP per capita (%) in Marshall Islands
Marshall Islands: Annual growth rate of real GDP per capita (%) was 6.5% in 2024. ◆ Volatile
Annual growth rate of real GDP per capita in Marshall Islands, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth rate of real gdp per capita in Marshall Islands is 6.5%, measured in 2024.
That represents a change of up 822.2% on the previous year and up 983.3% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Marshall Islands peaked at 14.1% in 2019 and was at its lowest, -7.6%, in 2008.
Marshall Islands ranks 12th of 228 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita (%) in Marshall Islands, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 1.4% | — |
| 2001 | 6.0% | +328.6% |
| 2002 | 3.0% | -50.0% |
| 2003 | -1.9% | -163.3% |
| 2004 | -1.0% | -47.4% |
| 2005 | 1.5% | -250.0% |
| 2006 | 0.0% | -100.0% |
| 2007 | 3.3% | — |
| 2008 | -7.6% | -330.3% |
| 2009 | 3.7% | -148.7% |
| 2010 | 5.4% | +45.9% |
| 2011 | 0.0% | -100.0% |
| 2012 | -0.4% | — |
| 2013 | 5.2% | -1400.0% |
| 2014 | 0.6% | -88.5% |
| 2015 | 4.2% | +600.0% |
| 2016 | 4.3% | +2.4% |
| 2017 | 6.0% | +39.5% |
| 2018 | 7.1% | +18.3% |
| 2019 | 14.1% | +98.6% |
| 2020 | 1.1% | -92.2% |
| 2021 | 4.4% | +300.0% |
| 2022 | 2.1% | -52.3% |
| 2023 | -0.9% | -142.9% |
| 2024 | 6.5% | -822.2% |
Marshall Islands compared with similar countries
- Marshall Islands's 6.5% is above the median for upper middle income countries, which is 2.9%, 2.2× the median. (55 countries reporting)
- Marshall Islands's 6.5% is above the median for East Asia & Pacific, which is 2.8%, 2.4× the median. (30 countries reporting)
Biggest year-on-year movements
Years where Annual growth rate of real GDP per capita (%) in Marshall Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +1400.0% | -0.4% | 5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8% | -7.6% | 6.0% | 10 |
| 2010s | 4.7% | -0.4% | 14.1% | 10 |
| 2020s | 2.6% | -0.9% | 6.5% | 5 |
Countries ranked near Marshall Islands
More economy & growth data for Marshall Islands
- Real gdp growth, annual growth rate 157.02 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.97 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0342 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 290.63 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0384 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.025 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 212.21 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Marshall Islands?
- Annual growth rate of real gdp per capita in Marshall Islands was 6.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Marshall Islands?
- The highest recorded value was 14.1% in 2019.
- What is the lowest annual growth rate of real gdp per capita recorded in Marshall Islands?
- The lowest recorded value was -7.6% in 2008.
- How does Marshall Islands rank for annual growth rate of real gdp per capita?
- Marshall Islands ranks 12th out of 228 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Marshall Islands?
- Over the last ten years it is up 983.3%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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