Gross Domestic Product — Value Standard Local Currency, per capita in Marshall Islands
Marshall Islands: Gross Domestic Product — Value Standard Local Currency, per capita was 0.0078 million SLC per person in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, per capita in Marshall Islands, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
The most recent figure for gross domestic product — value standard local currency, per capita in Marshall Islands is 0.0078 million SLC per person, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 11.8% on the previous year and up 109.0% over ten years.
Over the whole period, gross domestic product — value standard local currency, per capita in Marshall Islands peaked at 0.0078 million SLC per person in 2024 and was at its lowest, 0.0004 million SLC per person, in 1970.
Marshall Islands ranks 186th of 192 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, per capita in Marshall Islands, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0004 million SLC per person | — |
| 1971 | 0.0004 million SLC per person | +4.5% |
| 1972 | 0.0004 million SLC per person | +6.5% |
| 1973 | 0.0005 million SLC per person | +13.6% |
| 1974 | 0.0006 million SLC per person | +27.4% |
| 1975 | 0.0006 million SLC per person | +6.1% |
| 1976 | 0.0007 million SLC per person | +5.3% |
| 1977 | 0.0007 million SLC per person | +7.8% |
| 1978 | 0.0008 million SLC per person | +6.4% |
| 1979 | 0.0009 million SLC per person | +11.4% |
| 1980 | 0.0009 million SLC per person | +1.0% |
| 1981 | 0.001 million SLC per person | +11.6% |
| 1982 | 0.0011 million SLC per person | +7.9% |
| 1983 | 0.0012 million SLC per person | +14.7% |
| 1984 | 0.0013 million SLC per person | +3.8% |
| 1985 | 0.0012 million SLC per person | -6.7% |
| 1986 | 0.0014 million SLC per person | +22.6% |
| 1987 | 0.0016 million SLC per person | +8.2% |
| 1988 | 0.0017 million SLC per person | +8.3% |
| 1989 | 0.0017 million SLC per person | -0.0% |
| 1990 | 0.0018 million SLC per person | +5.3% |
| 1991 | 0.0018 million SLC per person | +3.0% |
| 1992 | 0.002 million SLC per person | +9.2% |
| 1993 | 0.0022 million SLC per person | +8.4% |
| 1994 | 0.0023 million SLC per person | +8.1% |
| 1995 | 0.0026 million SLC per person | +10.8% |
| 1996 | 0.0024 million SLC per person | -8.1% |
| 1997 | 0.0022 million SLC per person | -6.3% |
| 1998 | 0.0023 million SLC per person | +1.0% |
| 1999 | 0.0023 million SLC per person | +0.1% |
| 2000 | 0.0023 million SLC per person | +0.3% |
| 2001 | 0.0024 million SLC per person | +5.7% |
| 2002 | 0.0026 million SLC per person | +7.2% |
| 2003 | 0.0025 million SLC per person | -1.0% |
| 2004 | 0.0026 million SLC per person | +1.0% |
| 2005 | 0.0027 million SLC per person | +3.3% |
| 2006 | 0.0027 million SLC per person | +3.5% |
| 2007 | 0.0029 million SLC per person | +4.9% |
| 2008 | 0.0028 million SLC per person | -2.6% |
| 2009 | 0.0029 million SLC per person | +3.2% |
| 2010 | 0.0031 million SLC per person | +6.4% |
| 2011 | 0.0033 million SLC per person | +7.3% |
| 2012 | 0.0035 million SLC per person | +5.8% |
| 2013 | 0.0037 million SLC per person | +4.6% |
| 2014 | 0.0037 million SLC per person | +1.6% |
| 2015 | 0.0037 million SLC per person | +0.8% |
| 2016 | 0.0042 million SLC per person | +12.2% |
| 2017 | 0.0046 million SLC per person | +8.7% |
| 2018 | 0.0048 million SLC per person | +5.9% |
| 2019 | 0.0053 million SLC per person | +8.9% |
| 2020 | 0.0057 million SLC per person | +7.3% |
| 2021 | 0.0063 million SLC per person | +10.8% |
| 2022 | 0.0066 million SLC per person | +4.9% |
| 2023 | 0.007 million SLC per person | +5.6% |
| 2024 | 0.0078 million SLC per person | +11.8% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.0078 million SLC per person is below the median for upper middle income countries, which is 0.1236 million SLC per person, 6% of the median. (54 countries reporting)
- Marshall Islands's 0.0078 million SLC per person is below the median for East Asia & Pacific, which is 0.1023 million SLC per person, 8% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0006 million SLC per person | 0.0004 million SLC per person | 0.0009 million SLC per person | 10 |
| 1980s | 0.0013 million SLC per person | 0.0009 million SLC per person | 0.0017 million SLC per person | 10 |
| 1990s | 0.0022 million SLC per person | 0.0018 million SLC per person | 0.0026 million SLC per person | 10 |
| 2000s | 0.0026 million SLC per person | 0.0023 million SLC per person | 0.0029 million SLC per person | 10 |
| 2010s | 0.004 million SLC per person | 0.0031 million SLC per person | 0.0053 million SLC per person | 10 |
| 2020s | 0.0066 million SLC per person | 0.0057 million SLC per person | 0.0078 million SLC per person | 5 |
Countries ranked near Marshall Islands
- 183 Eritrea 0.0102 million SLC per person compare
- 184 Kuwait 0.0099 million SLC per person compare
- 185 Oman 0.0078 million SLC per person compare
- 187 Ecuador 0.0067 million SLC per person compare
- 188 El Salvador 0.0056 million SLC per person compare
- 189 Kiribati 0.0035 million SLC per person compare
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, per capita in Marshall Islands?
- Gross domestic product — value standard local currency, per capita in Marshall Islands was 0.0078 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, per capita recorded in Marshall Islands?
- The highest recorded value was 0.0078 million SLC per person in 2024.
- What is the lowest gross domestic product — value standard local currency, per capita recorded in Marshall Islands?
- The lowest recorded value was 0.0004 million SLC per person in 1970.
- How does Marshall Islands rank for gross domestic product — value standard local currency, per capita?
- Marshall Islands ranks 186th out of 192 countries with data for 2024.
- Is gross domestic product — value standard local currency, per capita rising or falling in Marshall Islands?
- Over the last ten years it is up 109.0%. 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, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency divided by Population, total, 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 ÷ Population, total
Computed from
- Gross Domestic Product — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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 divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.