Gross Domestic Product — Value Standard Local Currency, per square in Marshall Islands
Marshall Islands: Gross Domestic Product — Value Standard Local Currency, per square was 1.5 million SLC per square kilometre in 2023. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, per square in Marshall Islands, 1991–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
Marshall Islands recorded 1.5 million SLC per square kilometre for gross domestic product — value standard local currency, per square in 2023. That is the highest value across all 33 years on record.
Compared with earlier readings it is up 2.3% on the previous year and up 45.5% over ten years.
Over the whole period, gross domestic product — value standard local currency, per square in Marshall Islands peaked at 1.5 million SLC per square kilometre in 2023 and was at its lowest, 0.4627 million SLC per square kilometre, in 1991.
That places Marshall Islands 150th out of 192 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 33 years of available data.
Gross Domestic Product — Value Standard Local Currency, per square in Marshall Islands, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1991 | 0.4627 million SLC per square kilometre | — |
| 1992 | 0.5145 million SLC per square kilometre | +11.2% |
| 1993 | 0.5663 million SLC per square kilometre | +10.1% |
| 1994 | 0.62 million SLC per square kilometre | +9.5% |
| 1995 | 0.695 million SLC per square kilometre | +12.1% |
| 1996 | 0.6457 million SLC per square kilometre | -7.1% |
| 1997 | 0.6111 million SLC per square kilometre | -5.4% |
| 1998 | 0.6231 million SLC per square kilometre | +2.0% |
| 1999 | 0.63 million SLC per square kilometre | +1.1% |
| 2000 | 0.6384 million SLC per square kilometre | +1.3% |
| 2001 | 0.6803 million SLC per square kilometre | +6.6% |
| 2002 | 0.7334 million SLC per square kilometre | +7.8% |
| 2003 | 0.7292 million SLC per square kilometre | -0.6% |
| 2004 | 0.7385 million SLC per square kilometre | +1.3% |
| 2005 | 0.7648 million SLC per square kilometre | +3.6% |
| 2006 | 0.793 million SLC per square kilometre | +3.7% |
| 2007 | 0.8326 million SLC per square kilometre | +5.0% |
| 2008 | 0.8109 million SLC per square kilometre | -2.6% |
| 2009 | 0.8368 million SLC per square kilometre | +3.2% |
| 2010 | 0.8907 million SLC per square kilometre | +6.4% |
| 2011 | 0.9532 million SLC per square kilometre | +7.0% |
| 2012 | 0.9992 million SLC per square kilometre | +4.8% |
| 2013 | 1.03 million SLC per square kilometre | +3.1% |
| 2014 | 1.03 million SLC per square kilometre | -0.2% |
| 2015 | 1.02 million SLC per square kilometre | -1.2% |
| 2016 | 1.12 million SLC per square kilometre | +9.7% |
| 2017 | 1.18 million SLC per square kilometre | +6.0% |
| 2018 | 1.22 million SLC per square kilometre | +3.1% |
| 2019 | 1.29 million SLC per square kilometre | +5.8% |
| 2020 | 1.34 million SLC per square kilometre | +4.1% |
| 2021 | 1.44 million SLC per square kilometre | +7.4% |
| 2022 | 1.47 million SLC per square kilometre | +1.6% |
| 2023 | 1.5 million SLC per square kilometre | +2.3% |
Marshall Islands compared with similar countries
- Marshall Islands's 1.5 million SLC per square kilometre is below the median for upper middle income countries, which is 9.79 million SLC per square kilometre, 15% of the median. (54 countries reporting)
- Marshall Islands's 1.5 million SLC per square kilometre is below the median for East Asia & Pacific, which is 5.55 million SLC per square kilometre, 27% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5965 million SLC per square kilometre | 0.4627 million SLC per square kilometre | 0.695 million SLC per square kilometre | 9 |
| 2000s | 0.7558 million SLC per square kilometre | 0.6384 million SLC per square kilometre | 0.8368 million SLC per square kilometre | 10 |
| 2010s | 1.07 million SLC per square kilometre | 0.8907 million SLC per square kilometre | 1.29 million SLC per square kilometre | 10 |
| 2020s | 1.44 million SLC per square kilometre | 1.34 million SLC per square kilometre | 1.5 million SLC per square kilometre | 4 |
Countries ranked near Marshall Islands
- 147 Tonga 1.67 million SLC per square kilometre compare
- 148 El Salvador 1.64 million SLC per square kilometre compare
- 149 New Zealand 1.56 million SLC per square kilometre compare
- 151 Azerbaijan 1.49 million SLC per square kilometre compare
- 152 Turks and Caicos Islands 1.48 million SLC per square kilometre compare
- 153 Bahamas 1.43 million SLC per square kilometre 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 square in Marshall Islands?
- Gross domestic product — value standard local currency, per square in Marshall Islands was 1.5 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, per square recorded in Marshall Islands?
- The highest recorded value was 1.5 million SLC per square kilometre in 2023.
- What is the lowest gross domestic product — value standard local currency, per square recorded in Marshall Islands?
- The lowest recorded value was 0.4627 million SLC per square kilometre in 1991.
- How does Marshall Islands rank for gross domestic product — value standard local currency, per square?
- Marshall Islands ranks 150th out of 192 countries with data for 2023.
- Is gross domestic product — value standard local currency, per square rising or falling in Marshall Islands?
- Over the last ten years it is up 45.5%. The long-run trend across the full record is rising.
- 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 square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 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 Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Gross Domestic Product — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.