Gross Domestic Product — Value US$ per capita, 2015 prices (Gross) in Marshall Islands
Marshall Islands: Gross Domestic Product — Value US$ per capita, 2015 prices (Gross) was 5,755 USD in 2024. ▲ Rising
Gross Domestic Product — Value US$ per capita, 2015 prices in Marshall Islands, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
The most recent figure for gross domestic product — value us$ per capita, 2015 prices in Marshall Islands is 5,755 USD, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 6.3% on the previous year and up 59.9% over ten years.
Over the whole period, gross domestic product — value us$ per capita, 2015 prices in Marshall Islands peaked at 5,755 USD in 2024 and was at its lowest, 1,877 USD, in 1972.
Marshall Islands ranks 124th of 228 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$ per capita, 2015 prices (Gross) in Marshall Islands, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 1,933 USD | — |
| 1971 | 1,907 USD | -1.4% |
| 1972 | 1,877 USD | -1.6% |
| 1973 | 2,454 USD | +30.7% |
| 1974 | 2,750 USD | +12.1% |
| 1975 | 2,661 USD | -3.2% |
| 1976 | 2,585 USD | -2.9% |
| 1977 | 2,564 USD | -0.8% |
| 1978 | 2,623 USD | +2.3% |
| 1979 | 2,596 USD | -1.1% |
| 1980 | 2,328 USD | -10.3% |
| 1981 | 2,382 USD | +2.3% |
| 1982 | 2,394 USD | +0.5% |
| 1983 | 2,652 USD | +10.8% |
| 1984 | 2,645 USD | -0.3% |
| 1985 | 2,381 USD | -10.0% |
| 1986 | 2,850 USD | +19.7% |
| 1987 | 2,999 USD | +5.2% |
| 1988 | 3,119 USD | +4.0% |
| 1989 | 2,977 USD | -4.5% |
| 1990 | 2,985 USD | +0.3% |
| 1991 | 2,926 USD | -2.0% |
| 1992 | 3,103 USD | +6.0% |
| 1993 | 3,265 USD | +5.2% |
| 1994 | 3,438 USD | +5.3% |
| 1995 | 3,706 USD | +7.8% |
| 1996 | 3,315 USD | -10.6% |
| 1997 | 3,116 USD | -6.0% |
| 1998 | 3,066 USD | -1.6% |
| 1999 | 2,995 USD | -2.3% |
| 2000 | 3,038 USD | +1.4% |
| 2001 | 3,222 USD | +6.0% |
| 2002 | 3,320 USD | +3.0% |
| 2003 | 3,256 USD | -1.9% |
| 2004 | 3,223 USD | -1.0% |
| 2005 | 3,273 USD | +1.5% |
| 2006 | 3,274 USD | +0.0% |
| 2007 | 3,382 USD | +3.3% |
| 2008 | 3,124 USD | -7.6% |
| 2009 | 3,239 USD | +3.7% |
| 2010 | 3,413 USD | +5.4% |
| 2011 | 3,412 USD | -0.0% |
| 2012 | 3,400 USD | -0.4% |
| 2013 | 3,576 USD | +5.2% |
| 2014 | 3,599 USD | +0.6% |
| 2015 | 3,750 USD | +4.2% |
| 2016 | 3,913 USD | +4.3% |
| 2017 | 4,149 USD | +6.0% |
| 2018 | 4,442 USD | +7.1% |
| 2019 | 5,066 USD | +14.1% |
| 2020 | 5,124 USD | +1.1% |
| 2021 | 5,349 USD | +4.4% |
| 2022 | 5,461 USD | +2.1% |
| 2023 | 5,416 USD | -0.8% |
| 2024 | 5,755 USD | +6.3% |
Marshall Islands compared with similar countries
- Marshall Islands's 5,755 USD is below the median for upper middle income countries, which is 6,583 USD, 87% of the median. (54 countries reporting)
- Marshall Islands's 5,755 USD is above the median for East Asia & Pacific, which is 4,822 USD, 1.2× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$ per capita, 2015 prices (Gross) 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 | +30.7% | 1,877 USD | 2,454 USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,395 USD | 1,877 USD | 2,750 USD | 10 |
| 1980s | 2,673 USD | 2,328 USD | 3,119 USD | 10 |
| 1990s | 3,192 USD | 2,926 USD | 3,706 USD | 10 |
| 2000s | 3,235 USD | 3,038 USD | 3,382 USD | 10 |
| 2010s | 3,872 USD | 3,400 USD | 5,066 USD | 10 |
| 2020s | 5,421 USD | 5,124 USD | 5,755 USD | 5 |
Countries ranked near Marshall Islands
- 121 Fiji 5,927 USD compare
- 122 Iran (Islamic Republic of) 5,892 USD compare
- 123 Azerbaijan 5,769 USD compare
- 125 Lebanon 5,753 USD compare
- 126 South Africa 5,699 USD compare
- 127 Albania 5,516 USD 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)
- 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 — value us$ per capita, 2015 prices in Marshall Islands?
- Gross domestic product — value us$ per capita, 2015 prices in Marshall Islands was 5,755 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ per capita, 2015 prices recorded in Marshall Islands?
- The highest recorded value was 5,755 USD in 2024.
- What is the lowest gross domestic product — value us$ per capita, 2015 prices recorded in Marshall Islands?
- The lowest recorded value was 1,877 USD in 1972.
- How does Marshall Islands rank for gross domestic product — value us$ per capita, 2015 prices?
- Marshall Islands ranks 124th out of 228 countries with data for 2024.
- Is gross domestic product — value us$ per capita, 2015 prices rising or falling in Marshall Islands?
- Over the last ten years it is up 59.9%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$ per capita, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).