Gross Domestic Product — Value US$ per capita in Marshall Islands
Marshall Islands: Gross Domestic Product — Value US$ per capita was 7,773 USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ per capita in Marshall Islands, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Marshall Islands recorded 7,773 USD for gross domestic product — value us$ per capita in 2024. That is the highest value across all 55 years on record.
The figure is up 11.8% on the previous year and up 109.0% over ten years.
Over the whole period, gross domestic product — value us$ per capita in Marshall Islands peaked at 7,773 USD in 2024 and was at its lowest, 376.7 USD, in 1970.
Marshall Islands ranks 120th of 228 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$ per capita in Marshall Islands, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 376.7 USD | — |
| 1971 | 393.81 USD | +4.5% |
| 1972 | 419.58 USD | +6.5% |
| 1973 | 476.62 USD | +13.6% |
| 1974 | 607.2 USD | +27.4% |
| 1975 | 644.17 USD | +6.1% |
| 1976 | 678.11 USD | +5.3% |
| 1977 | 731 USD | +7.8% |
| 1978 | 778.11 USD | +6.4% |
| 1979 | 867.03 USD | +11.4% |
| 1980 | 876.06 USD | +1.0% |
| 1981 | 977.92 USD | +11.6% |
| 1982 | 1,055 USD | +7.9% |
| 1983 | 1,211 USD | +14.7% |
| 1984 | 1,257 USD | +3.8% |
| 1985 | 1,173 USD | -6.7% |
| 1986 | 1,438 USD | +22.6% |
| 1987 | 1,557 USD | +8.2% |
| 1988 | 1,686 USD | +8.3% |
| 1989 | 1,686 USD | -0.0% |
| 1990 | 1,775 USD | +5.3% |
| 1991 | 1,828 USD | +3.0% |
| 1992 | 1,997 USD | +9.2% |
| 1993 | 2,164 USD | +8.4% |
| 1994 | 2,339 USD | +8.1% |
| 1995 | 2,592 USD | +10.8% |
| 1996 | 2,383 USD | -8.1% |
| 1997 | 2,233 USD | -6.3% |
| 1998 | 2,256 USD | +1.0% |
| 1999 | 2,259 USD | +0.1% |
| 2000 | 2,266 USD | +0.3% |
| 2001 | 2,395 USD | +5.7% |
| 2002 | 2,567 USD | +7.2% |
| 2003 | 2,542 USD | -1.0% |
| 2004 | 2,567 USD | +1.0% |
| 2005 | 2,652 USD | +3.3% |
| 2006 | 2,746 USD | +3.5% |
| 2007 | 2,880 USD | +4.9% |
| 2008 | 2,805 USD | -2.6% |
| 2009 | 2,896 USD | +3.2% |
| 2010 | 3,080 USD | +6.4% |
| 2011 | 3,305 USD | +7.3% |
| 2012 | 3,498 USD | +5.8% |
| 2013 | 3,660 USD | +4.6% |
| 2014 | 3,719 USD | +1.6% |
| 2015 | 3,750 USD | +0.8% |
| 2016 | 4,207 USD | +12.2% |
| 2017 | 4,571 USD | +8.7% |
| 2018 | 4,843 USD | +5.9% |
| 2019 | 5,274 USD | +8.9% |
| 2020 | 5,660 USD | +7.3% |
| 2021 | 6,274 USD | +10.8% |
| 2022 | 6,582 USD | +4.9% |
| 2023 | 6,952 USD | +5.6% |
| 2024 | 7,773 USD | +11.8% |
Marshall Islands compared with similar countries
- Marshall Islands's 7,773 USD is below the median for upper middle income countries, which is 7,969 USD, 98% of the median. (54 countries reporting)
- Marshall Islands's 7,773 USD is above the median for East Asia & Pacific, which is 6,462 USD, 1.2× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 597.23 USD | 376.7 USD | 867.03 USD | 10 |
| 1980s | 1,292 USD | 876.06 USD | 1,686 USD | 10 |
| 1990s | 2,183 USD | 1,775 USD | 2,592 USD | 10 |
| 2000s | 2,632 USD | 2,266 USD | 2,896 USD | 10 |
| 2010s | 3,991 USD | 3,080 USD | 5,274 USD | 10 |
| 2020s | 6,648 USD | 5,660 USD | 7,773 USD | 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)
- 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 in Marshall Islands?
- Gross domestic product — value us$ per capita in Marshall Islands was 7,773 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ per capita recorded in Marshall Islands?
- The highest recorded value was 7,773 USD in 2024.
- What is the lowest gross domestic product — value us$ per capita recorded in Marshall Islands?
- The lowest recorded value was 376.7 USD in 1970.
- How does Marshall Islands rank for gross domestic product — value us$ per capita?
- Marshall Islands ranks 120th out of 228 countries with data for 2024.
- Is gross domestic product — value us$ 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 Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$ per capita. Statizoid updates them automatically from the source API.
Download this data
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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).