Gross domestic product (GDP) in Marshall Islands
Marshall Islands: Gross domestic product (GDP) was 224.00 million constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
224.00 million constant 2015 US$
Change on year
up 2.3%
World rank
207th
of 209 countries
All-time high
227.20 million constant 2015 US$
in 2019
All-time low
45.93 million constant 2015 US$
in 1970
Years of data
56
1970–2025
Gross domestic product (GDP) in Marshall Islands, 1970–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
Marshall Islands recorded 224.00 million constant 2015 US$ for gross domestic product (gdp) in 2025.
That represents a change of up 2.3% on the previous year and up 21.9% over ten years.
Over the whole period, gross domestic product (gdp) in Marshall Islands peaked at 227.20 million constant 2015 US$ in 2019 and was at its lowest, 45.93 million constant 2015 US$, in 1970.
That places Marshall Islands 207th out of 209 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 56 years of available data.
Gross domestic product (GDP) in Marshall Islands, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 45.93 million constant 2015 US$ | — |
| 1971 | 46.99 million constant 2015 US$ | +2.3% |
| 1972 | 47.50 million constant 2015 US$ | +1.1% |
| 1973 | 63.61 million constant 2015 US$ | +33.9% |
| 1974 | 73.36 million constant 2015 US$ | +15.3% |
| 1975 | 73.41 million constant 2015 US$ | +0.1% |
| 1976 | 73.67 million constant 2015 US$ | +0.4% |
| 1977 | 75.46 million constant 2015 US$ | +2.4% |
| 1978 | 79.71 million constant 2015 US$ | +5.6% |
| 1979 | 81.41 million constant 2015 US$ | +2.1% |
| 1980 | 75.55 million constant 2015 US$ | -7.2% |
| 1981 | 80.41 million constant 2015 US$ | +6.4% |
| 1982 | 84.30 million constant 2015 US$ | +4.8% |
| 1983 | 97.37 million constant 2015 US$ | +15.5% |
| 1984 | 101.14 million constant 2015 US$ | +3.9% |
| 1985 | 94.81 million constant 2015 US$ | -6.3% |
| 1986 | 118.08 million constant 2015 US$ | +24.5% |
| 1987 | 129.13 million constant 2015 US$ | +9.4% |
| 1988 | 139.19 million constant 2015 US$ | +7.8% |
| 1989 | 136.84 million constant 2015 US$ | -1.7% |
| 1990 | 140.50 million constant 2015 US$ | +2.7% |
| 1991 | 140.62 million constant 2015 US$ | +0.1% |
| 1992 | 150.66 million constant 2015 US$ | +7.1% |
| 1993 | 159.71 million constant 2015 US$ | +6.0% |
| 1994 | 169.10 million constant 2015 US$ | +5.9% |
| 1995 | 182.99 million constant 2015 US$ | +8.2% |
| 1996 | 164.13 million constant 2015 US$ | -10.3% |
| 1997 | 153.55 million constant 2015 US$ | -6.4% |
| 1998 | 152.52 million constant 2015 US$ | -0.7% |
| 1999 | 150.48 million constant 2015 US$ | -1.3% |
| 2000 | 154.18 million constant 2015 US$ | +2.5% |
| 2001 | 164.86 million constant 2015 US$ | +6.9% |
| 2002 | 170.85 million constant 2015 US$ | +3.6% |
| 2003 | 168.19 million constant 2015 US$ | -1.6% |
| 2004 | 167.50 million constant 2015 US$ | -0.4% |
| 2005 | 170.50 million constant 2015 US$ | +1.8% |
| 2006 | 170.80 million constant 2015 US$ | +0.2% |
| 2007 | 177.10 million constant 2015 US$ | +3.7% |
| 2008 | 163.70 million constant 2015 US$ | -7.6% |
| 2009 | 169.70 million constant 2015 US$ | +3.7% |
| 2010 | 179.10 million constant 2015 US$ | +5.5% |
| 2011 | 178.20 million constant 2015 US$ | -0.5% |
| 2012 | 175.90 million constant 2015 US$ | -1.3% |
| 2013 | 182.60 million constant 2015 US$ | +3.8% |
| 2014 | 180.30 million constant 2015 US$ | -1.3% |
| 2015 | 183.70 million constant 2015 US$ | +1.9% |
| 2016 | 188.30 million constant 2015 US$ | +2.5% |
| 2017 | 195.00 million constant 2015 US$ | +3.6% |
| 2018 | 205.70 million constant 2015 US$ | +5.5% |
| 2019 | 227.20 million constant 2015 US$ | +10.5% |
| 2020 | 220.90 million constant 2015 US$ | -2.8% |
| 2021 | 225.67 million constant 2015 US$ | +2.2% |
| 2022 | 224.09 million constant 2015 US$ | -0.7% |
| 2023 | 212.00 million constant 2015 US$ | -5.4% |
| 2024 | 219.00 million constant 2015 US$ | +3.3% |
| 2025 | 224.00 million constant 2015 US$ | +2.3% |
Marshall Islands compared with similar countries
- Marshall Islands's 224.00 million constant 2015 US$ is below the median for upper middle income countries, which is 51.02 billion constant 2015 US$, 0% of the median. (58 countries reporting)
- Marshall Islands's 224.00 million constant 2015 US$ is below the median for East Asia & Pacific, which is 17.42 billion constant 2015 US$, 1% of the median. (35 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP) in Marshall Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1973 | +33.9% | 47.50 million constant 2015 US$ | 63.61 million constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 66.11 million constant 2015 US$ | 45.93 million constant 2015 US$ | 81.41 million constant 2015 US$ | 10 |
| 1980s | 105.68 million constant 2015 US$ | 75.55 million constant 2015 US$ | 139.19 million constant 2015 US$ | 10 |
| 1990s | 156.43 million constant 2015 US$ | 140.50 million constant 2015 US$ | 182.99 million constant 2015 US$ | 10 |
| 2000s | 167.74 million constant 2015 US$ | 154.18 million constant 2015 US$ | 177.10 million constant 2015 US$ | 10 |
| 2010s | 189.60 million constant 2015 US$ | 175.90 million constant 2015 US$ | 227.20 million constant 2015 US$ | 10 |
| 2020s | 220.94 million constant 2015 US$ | 212.00 million constant 2015 US$ | 225.67 million constant 2015 US$ | 6 |
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)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.36 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 46.01 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0469 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 355.78 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 2.99 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.5453 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 4,139 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 2.99 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product (gdp) in Marshall Islands?
- Gross domestic product (gdp) in Marshall Islands was 224.00 million constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Marshall Islands?
- The highest recorded value was 227.20 million constant 2015 US$ in 2019.
- What is the lowest gross domestic product (gdp) recorded in Marshall Islands?
- The lowest recorded value was 45.93 million constant 2015 US$ in 1970.
- How does Marshall Islands rank for gross domestic product (gdp)?
- Marshall Islands ranks 207th out of 209 countries with data for 2025.
- Is gross domestic product (gdp) rising or falling in Marshall Islands?
- Over the last ten years it is up 21.9%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.