Gross Domestic Product — Value US$, per square kilometre in Marshall Islands
Marshall Islands: Gross Domestic Product — Value US$, per square kilometre was 1.5 million USD per square kilometre in 2023. ▲ Rising
Gross Domestic Product — Value US$, per square kilometre in Marshall Islands, 1991–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
Marshall Islands recorded 1.5 million USD per square kilometre for gross domestic product — value us$, per square kilometre 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 us$, per square kilometre in Marshall Islands peaked at 1.5 million USD per square kilometre in 2023 and was at its lowest, 0.4627 million USD per square kilometre, in 1991.
Marshall Islands ranks 64th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Gross Domestic Product — Value US$, per square kilometre in Marshall Islands, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1991 | 0.4627 million USD per square kilometre | — |
| 1992 | 0.5145 million USD per square kilometre | +11.2% |
| 1993 | 0.5663 million USD per square kilometre | +10.1% |
| 1994 | 0.62 million USD per square kilometre | +9.5% |
| 1995 | 0.695 million USD per square kilometre | +12.1% |
| 1996 | 0.6457 million USD per square kilometre | -7.1% |
| 1997 | 0.6111 million USD per square kilometre | -5.4% |
| 1998 | 0.6231 million USD per square kilometre | +2.0% |
| 1999 | 0.63 million USD per square kilometre | +1.1% |
| 2000 | 0.6384 million USD per square kilometre | +1.3% |
| 2001 | 0.6803 million USD per square kilometre | +6.6% |
| 2002 | 0.7334 million USD per square kilometre | +7.8% |
| 2003 | 0.7292 million USD per square kilometre | -0.6% |
| 2004 | 0.7385 million USD per square kilometre | +1.3% |
| 2005 | 0.7648 million USD per square kilometre | +3.6% |
| 2006 | 0.793 million USD per square kilometre | +3.7% |
| 2007 | 0.8326 million USD per square kilometre | +5.0% |
| 2008 | 0.8109 million USD per square kilometre | -2.6% |
| 2009 | 0.8368 million USD per square kilometre | +3.2% |
| 2010 | 0.8907 million USD per square kilometre | +6.4% |
| 2011 | 0.9532 million USD per square kilometre | +7.0% |
| 2012 | 0.9992 million USD per square kilometre | +4.8% |
| 2013 | 1.03 million USD per square kilometre | +3.1% |
| 2014 | 1.03 million USD per square kilometre | -0.2% |
| 2015 | 1.02 million USD per square kilometre | -1.2% |
| 2016 | 1.12 million USD per square kilometre | +9.7% |
| 2017 | 1.18 million USD per square kilometre | +6.0% |
| 2018 | 1.22 million USD per square kilometre | +3.1% |
| 2019 | 1.29 million USD per square kilometre | +5.8% |
| 2020 | 1.34 million USD per square kilometre | +4.1% |
| 2021 | 1.44 million USD per square kilometre | +7.4% |
| 2022 | 1.47 million USD per square kilometre | +1.6% |
| 2023 | 1.5 million USD per square kilometre | +2.3% |
Marshall Islands compared with similar countries
- Marshall Islands's 1.5 million USD per square kilometre is above the median for upper middle income countries, which is 0.5987 million USD per square kilometre, 2.5× the median. (54 countries reporting)
- Marshall Islands's 1.5 million USD per square kilometre is above the median for East Asia & Pacific, which is 0.6593 million USD per square kilometre, 2.3× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5965 million USD per square kilometre | 0.4627 million USD per square kilometre | 0.695 million USD per square kilometre | 9 |
| 2000s | 0.7558 million USD per square kilometre | 0.6384 million USD per square kilometre | 0.8368 million USD per square kilometre | 10 |
| 2010s | 1.07 million USD per square kilometre | 0.8907 million USD per square kilometre | 1.29 million USD per square kilometre | 10 |
| 2020s | 1.44 million USD per square kilometre | 1.34 million USD per square kilometre | 1.5 million USD per square kilometre | 4 |
Countries ranked near Marshall Islands
- 61 El Salvador 1.64 million USD per square kilometre compare
- 62 Romania 1.52 million USD per square kilometre compare
- 63 Croatia 1.51 million USD per square kilometre compare
- 65 Turks and Caicos Islands 1.48 million USD per square kilometre compare
- 66 Philippines 1.47 million USD per square kilometre compare
- 67 Turkey 1.45 million USD 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 us$, per square kilometre in Marshall Islands?
- Gross domestic product — value us$, per square kilometre in Marshall Islands was 1.5 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, per square kilometre recorded in Marshall Islands?
- The highest recorded value was 1.5 million USD per square kilometre in 2023.
- What is the lowest gross domestic product — value us$, per square kilometre recorded in Marshall Islands?
- The lowest recorded value was 0.4627 million USD per square kilometre in 1991.
- How does Marshall Islands rank for gross domestic product — value us$, per square kilometre?
- Marshall Islands ranks 64th out of 194 countries with data for 2023.
- Is gross domestic product — value us$, per square kilometre 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 US$, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value US$ 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 US$ ÷ Land area (sq. km)
Computed from
- Gross Domestic Product — Value US$ 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 US$ 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.