Gross domestic product (GDP), Current prices, Domestic currency in Marshall Islands
Marshall Islands: Gross domestic product (GDP), Current prices, Domestic currency was 0.2374 in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Marshall Islands, 1970–2019
Source: International Monetary Fund.
Analysis
In 2019, gross domestic product (gdp), current prices, domestic currency in Marshall Islands stood at 0.2374. That is the highest value across all 50 years on record.
That represents a change of up 7.3% on the previous year and up 53.3% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Marshall Islands peaked at 0.2374 in 2019 and was at its lowest, 0.0085, in 1970.
Marshall Islands ranks 192nd of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Domestic currency in Marshall Islands, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.0085 | — |
| 1971 | 0.0092 | +8.4% |
| 1972 | 0.0101 | +9.4% |
| 1973 | 0.0117 | +16.4% |
| 1974 | 0.0154 | +31.1% |
| 1975 | 0.0168 | +9.7% |
| 1976 | 0.0183 | +8.8% |
| 1977 | 0.0204 | +11.3% |
| 1978 | 0.0224 | +9.9% |
| 1979 | 0.0258 | +15.0% |
| 1980 | 0.027 | +4.6% |
| 1981 | 0.0313 | +16.1% |
| 1982 | 0.0352 | +12.6% |
| 1983 | 0.0421 | +19.6% |
| 1984 | 0.0456 | +8.1% |
| 1985 | 0.0443 | -2.8% |
| 1986 | 0.0565 | +27.6% |
| 1987 | 0.0636 | +12.5% |
| 1988 | 0.0713 | +12.2% |
| 1989 | 0.0735 | +3.0% |
| 1990 | 0.0792 | +7.8% |
| 1991 | 0.0833 | +5.1% |
| 1992 | 0.0919 | +10.4% |
| 1993 | 0.1004 | +9.2% |
| 1994 | 0.1091 | +8.7% |
| 1995 | 0.1214 | +11.3% |
| 1996 | 0.1119 | -7.8% |
| 1997 | 0.1063 | -5.0% |
| 1998 | 0.1087 | +2.3% |
| 1999 | 0.108 | -0.7% |
| 2000 | 0.111 | +2.8% |
| 2001 | 0.1152 | +3.8% |
| 2002 | 0.1249 | +8.4% |
| 2003 | 0.1272 | +1.8% |
| 2004 | 0.1327 | +4.3% |
| 2005 | 0.1403 | +5.7% |
| 2006 | 0.1467 | +4.6% |
| 2007 | 0.1543 | +5.2% |
| 2008 | 0.1553 | +0.7% |
| 2009 | 0.1549 | -0.3% |
| 2010 | 0.1683 | +8.7% |
| 2011 | 0.1755 | +4.3% |
| 2012 | 0.1866 | +6.3% |
| 2013 | 0.1923 | +3.1% |
| 2014 | 0.1852 | -3.7% |
| 2015 | 0.1815 | -2.0% |
| 2016 | 0.1978 | +9.0% |
| 2017 | 0.2077 | +5.0% |
| 2018 | 0.2213 | +6.5% |
| 2019 | 0.2374 | +7.3% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.2374 is below the median for upper middle income countries, which is 697.54, 0% of the median. (57 countries reporting)
- Marshall Islands's 0.2374 is below the median for East Asia & Pacific, which is 434.67, 0% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0159 | 0.0085 | 0.0258 | 10 |
| 1980s | 0.049 | 0.027 | 0.0735 | 10 |
| 1990s | 0.102 | 0.0792 | 0.1214 | 10 |
| 2000s | 0.1363 | 0.111 | 0.1553 | 10 |
| 2010s | 0.1954 | 0.1683 | 0.2374 | 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0202 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp), current prices, domestic currency in Marshall Islands?
- Gross domestic product (gdp), current prices, domestic currency in Marshall Islands was 0.2374 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Marshall Islands?
- The highest recorded value was 0.2374 in 2019.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Marshall Islands?
- The lowest recorded value was 0.0085 in 1970.
- How does Marshall Islands rank for gross domestic product (gdp), current prices, domestic currency?
- Marshall Islands ranks 192nd out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Marshall Islands?
- Over the last ten years it is up 53.3%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Current prices, Domestic currency. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.