Gross value added at basic prices (GVA) (constant 2015 US$), per in Marshall Islands
Marshall Islands: Gross value added at basic prices (GVA) (constant 2015 US$), per was 1.15 million constant 2015 US$ per square kilometre in 2023. ▲ Rising
Gross value added at basic prices (GVA) (constant 2015 US$), per in Marshall Islands, 1997–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.
Analysis
In 2023, gross value added at basic prices (gva) (constant 2015 us$), per in Marshall Islands stood at 1.15 million constant 2015 US$ per square kilometre.
Compared with earlier readings it is down 4.1% on the previous year and up 18.2% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per in Marshall Islands peaked at 1.21 million constant 2015 US$ per square kilometre in 2019 and was at its lowest, 743,261 constant 2015 US$ per square kilometre, in 1999.
Marshall Islands ranks 63rd of 192 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$), per in Marshall Islands, year by year
| Year | constant 2015 US$ per square kilometre | Change |
|---|---|---|
| 1997 | 761,344 constant 2015 US$ per square kilometre | — |
| 1998 | 757,656 constant 2015 US$ per square kilometre | -0.5% |
| 1999 | 743,261 constant 2015 US$ per square kilometre | -1.9% |
| 2000 | 779,333 constant 2015 US$ per square kilometre | +4.9% |
| 2001 | 826,544 constant 2015 US$ per square kilometre | +6.1% |
| 2002 | 848,483 constant 2015 US$ per square kilometre | +2.7% |
| 2003 | 851,244 constant 2015 US$ per square kilometre | +0.3% |
| 2004 | 876,922 constant 2015 US$ per square kilometre | +3.0% |
| 2005 | 878,906 constant 2015 US$ per square kilometre | +0.2% |
| 2006 | 887,028 constant 2015 US$ per square kilometre | +0.9% |
| 2007 | 926,617 constant 2015 US$ per square kilometre | +4.5% |
| 2008 | 853,872 constant 2015 US$ per square kilometre | -7.9% |
| 2009 | 903,589 constant 2015 US$ per square kilometre | +5.8% |
| 2010 | 945,756 constant 2015 US$ per square kilometre | +4.7% |
| 2011 | 940,917 constant 2015 US$ per square kilometre | -0.5% |
| 2012 | 939,856 constant 2015 US$ per square kilometre | -0.1% |
| 2013 | 971,911 constant 2015 US$ per square kilometre | +3.4% |
| 2014 | 960,261 constant 2015 US$ per square kilometre | -1.2% |
| 2015 | 981,739 constant 2015 US$ per square kilometre | +2.2% |
| 2016 | 998,628 constant 2015 US$ per square kilometre | +1.7% |
| 2017 | 1.04 million constant 2015 US$ per square kilometre | +4.1% |
| 2018 | 1.10 million constant 2015 US$ per square kilometre | +5.8% |
| 2019 | 1.21 million constant 2015 US$ per square kilometre | +10.3% |
| 2020 | 1.18 million constant 2015 US$ per square kilometre | -2.4% |
| 2021 | 1.21 million constant 2015 US$ per square kilometre | +2.2% |
| 2022 | 1.20 million constant 2015 US$ per square kilometre | -0.9% |
| 2023 | 1.15 million constant 2015 US$ per square kilometre | -4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 754,087 constant 2015 US$ per square kilometre | 743,261 constant 2015 US$ per square kilometre | 761,344 constant 2015 US$ per square kilometre | 3 |
| 2000s | 863,254 constant 2015 US$ per square kilometre | 779,333 constant 2015 US$ per square kilometre | 926,617 constant 2015 US$ per square kilometre | 10 |
| 2010s | 1.01 million constant 2015 US$ per square kilometre | 939,856 constant 2015 US$ per square kilometre | 1.21 million constant 2015 US$ per square kilometre | 10 |
| 2020s | 1.18 million constant 2015 US$ per square kilometre | 1.15 million constant 2015 US$ per square kilometre | 1.21 million constant 2015 US$ per square kilometre | 4 |
Countries ranked near Marshall Islands
- 60 Sweden 1.25 million constant 2015 US$ per square kilometre compare
- 61 El Salvador 1.22 million constant 2015 US$ per square kilometre compare
- 62 Malaysia 1.21 million constant 2015 US$ per square kilometre compare
- 64 Bahamas 1.14 million constant 2015 US$ per square kilometre compare
- 65 Norway 1.13 million constant 2015 US$ per square kilometre compare
- 66 Viet Nam 1.11 million constant 2015 US$ 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)
- GDP per capita 6,174 constant 2015 US$ (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- External balance on goods and services as a percent of GDP -43.8% (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Gdp worldbank constant usd, per capita 6,174 units per person (2025)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7273 units per US$ of GDP (2025)
- Exports of goods and services 36.0% (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per in Marshall Islands?
- Gross value added at basic prices (gva) (constant 2015 us$), per in Marshall Islands was 1.15 million constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Marshall Islands?
- The highest recorded value was 1.21 million constant 2015 US$ per square kilometre in 2019.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Marshall Islands?
- The lowest recorded value was 743,261 constant 2015 US$ per square kilometre in 1999.
- How does Marshall Islands rank for gross value added at basic prices (gva) (constant 2015 us$), per?
- Marshall Islands ranks 63rd out of 192 countries with data for 2023.
- Is gross value added at basic prices (gva) (constant 2015 us$), per rising or falling in Marshall Islands?
- Over the last ten years it is up 18.2%. 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 value added at basic prices (GVA) (constant 2015 US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) 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 value added at basic prices (GVA) (constant 2015 US$) ÷ Land area (sq. km)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) 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.