Gross Domestic Product — Value Standard Local Currency, 2015 prices in Marshall Islands
Marshall Islands: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0 million SLC per US$ of GDP in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Marshall Islands, 1970–2024
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Marshall Islands stood at 0 million SLC per US$ of GDP. That is the lowest value across all 55 years on record.
The figure is down 4.8% on the previous year and down 21.3% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Marshall Islands peaked at 0 million SLC per US$ of GDP in 1973 and was at its lowest, 0 million SLC per US$ of GDP, in 2024.
Marshall Islands ranks 164th of 193 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 — Value Standard Local Currency, 2015 prices in Marshall Islands, year by year
| Year | million SLC per US$ of GDP | Change |
|---|---|---|
| 1970 | 0 million SLC per US$ of GDP | — |
| 1971 | 0 million SLC per US$ of GDP | -5.6% |
| 1972 | 0 million SLC per US$ of GDP | -7.6% |
| 1973 | 0 million SLC per US$ of GDP | +15.1% |
| 1974 | 0 million SLC per US$ of GDP | -12.0% |
| 1975 | 0 million SLC per US$ of GDP | -8.8% |
| 1976 | 0 million SLC per US$ of GDP | -7.7% |
| 1977 | 0 million SLC per US$ of GDP | -8.0% |
| 1978 | 0 million SLC per US$ of GDP | -3.9% |
| 1979 | 0 million SLC per US$ of GDP | -11.2% |
| 1980 | 0 million SLC per US$ of GDP | -11.2% |
| 1981 | 0 million SLC per US$ of GDP | -8.3% |
| 1982 | 0 million SLC per US$ of GDP | -6.9% |
| 1983 | 0 million SLC per US$ of GDP | -3.4% |
| 1984 | 0 million SLC per US$ of GDP | -3.9% |
| 1985 | 0 million SLC per US$ of GDP | -3.6% |
| 1986 | 0 million SLC per US$ of GDP | -2.4% |
| 1987 | 0 million SLC per US$ of GDP | -2.8% |
| 1988 | 0 million SLC per US$ of GDP | -4.0% |
| 1989 | 0 million SLC per US$ of GDP | -4.5% |
| 1990 | 0 million SLC per US$ of GDP | -4.8% |
| 1991 | 0 million SLC per US$ of GDP | -4.8% |
| 1992 | 0 million SLC per US$ of GDP | -2.2% |
| 1993 | 0 million SLC per US$ of GDP | -2.2% |
| 1994 | 0 million SLC per US$ of GDP | -1.8% |
| 1995 | 0 million SLC per US$ of GDP | -2.0% |
| 1996 | 0 million SLC per US$ of GDP | -2.0% |
| 1997 | 0 million SLC per US$ of GDP | -4.2% |
| 1998 | 0 million SLC per US$ of GDP | -2.6% |
| 1999 | 0 million SLC per US$ of GDP | -2.5% |
| 2000 | 0 million SLC per US$ of GDP | +1.1% |
| 2001 | 0 million SLC per US$ of GDP | +0.3% |
| 2002 | 0 million SLC per US$ of GDP | -3.9% |
| 2003 | 0 million SLC per US$ of GDP | -0.9% |
| 2004 | 0 million SLC per US$ of GDP | -2.0% |
| 2005 | 0 million SLC per US$ of GDP | -2.0% |
| 2006 | 0 million SLC per US$ of GDP | -3.4% |
| 2007 | 0 million SLC per US$ of GDP | -1.6% |
| 2008 | 0 million SLC per US$ of GDP | -5.2% |
| 2009 | 0 million SLC per US$ of GDP | +0.5% |
| 2010 | 0 million SLC per US$ of GDP | -1.1% |
| 2011 | 0 million SLC per US$ of GDP | -6.8% |
| 2012 | 0 million SLC per US$ of GDP | -5.9% |
| 2013 | 0 million SLC per US$ of GDP | +0.5% |
| 2014 | 0 million SLC per US$ of GDP | -0.9% |
| 2015 | 0 million SLC per US$ of GDP | +3.4% |
| 2016 | 0 million SLC per US$ of GDP | -7.1% |
| 2017 | 0 million SLC per US$ of GDP | -2.3% |
| 2018 | 0 million SLC per US$ of GDP | +1.2% |
| 2019 | 0 million SLC per US$ of GDP | +4.7% |
| 2020 | 0 million SLC per US$ of GDP | -5.5% |
| 2021 | 0 million SLC per US$ of GDP | -6.4% |
| 2022 | 0 million SLC per US$ of GDP | -0.1% |
| 2023 | 0 million SLC per US$ of GDP | -5.8% |
| 2024 | 0 million SLC per US$ of GDP | -4.8% |
Marshall Islands compared with similar countries
- Marshall Islands's 0 million SLC per US$ of GDP is below the median for upper middle income countries, which is 0 million SLC per US$ of GDP, 10% of the median. (54 countries reporting)
- Marshall Islands's 0 million SLC per US$ of GDP is below the median for East Asia & Pacific, which is 0 million SLC per US$ of GDP, 24% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 1980s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 1990s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 2000s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 2010s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 2020s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 5 |
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 — value standard local currency, 2015 prices in Marshall Islands?
- Gross domestic product — value standard local currency, 2015 prices in Marshall Islands was 0 million SLC per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Marshall Islands?
- The highest recorded value was 0 million SLC per US$ of GDP in 1973.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Marshall Islands?
- The lowest recorded value was 0 million SLC per US$ of GDP in 2024.
- How does Marshall Islands rank for gross domestic product — value standard local currency, 2015 prices?
- Marshall Islands ranks 164th out of 193 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Marshall Islands?
- Over the last ten years it is down 21.3%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency, 2015 prices ÷ GDP (current US$)
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.