Gross value added at basic prices (GVA) (constant LCU), per capita in Marshall Islands
Marshall Islands: Gross value added at basic prices (GVA) (constant LCU), per capita was 5,624 constant LCU per person in 2024. ▲ Rising
Gross value added at basic prices (GVA) (constant LCU), per capita in Marshall Islands, 1997–2024
Source: Statizoid (derived). Measured in constant LCU per person.
Analysis
Marshall Islands recorded 5,624 constant LCU per person for gross value added at basic prices (gva) (constant lcu), per capita in 2024. That is the highest value across all 28 years on record.
The figure is up 5.6% on the previous year and up 62.0% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant lcu), per capita in Marshall Islands peaked at 5,624 constant LCU per person in 2024 and was at its lowest, 2,665 constant LCU per person, in 1999.
That places Marshall Islands 181st out of 196 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 28 years of available data.
Gross value added at basic prices (GVA) (constant LCU), per capita in Marshall Islands, year by year
| Year | constant LCU per person | Change |
|---|---|---|
| 1997 | 2,782 constant LCU per person | — |
| 1998 | 2,743 constant LCU per person | -1.4% |
| 1999 | 2,665 constant LCU per person | -2.8% |
| 2000 | 2,767 constant LCU per person | +3.8% |
| 2001 | 2,910 constant LCU per person | +5.2% |
| 2002 | 2,970 constant LCU per person | +2.1% |
| 2003 | 2,967 constant LCU per person | -0.1% |
| 2004 | 3,048 constant LCU per person | +2.7% |
| 2005 | 3,048 constant LCU per person | +0.0% |
| 2006 | 3,071 constant LCU per person | +0.8% |
| 2007 | 3,205 constant LCU per person | +4.4% |
| 2008 | 2,954 constant LCU per person | -7.8% |
| 2009 | 3,127 constant LCU per person | +5.8% |
| 2010 | 3,271 constant LCU per person | +4.6% |
| 2011 | 3,263 constant LCU per person | -0.2% |
| 2012 | 3,290 constant LCU per person | +0.8% |
| 2013 | 3,452 constant LCU per person | +4.9% |
| 2014 | 3,471 constant LCU per person | +0.6% |
| 2015 | 3,621 constant LCU per person | +4.3% |
| 2016 | 3,768 constant LCU per person | +4.0% |
| 2017 | 4,020 constant LCU per person | +6.7% |
| 2018 | 4,371 constant LCU per person | +8.7% |
| 2019 | 4,960 constant LCU per person | +13.5% |
| 2020 | 4,986 constant LCU per person | +0.5% |
| 2021 | 5,258 constant LCU per person | +5.5% |
| 2022 | 5,381 constant LCU per person | +2.3% |
| 2023 | 5,327 constant LCU per person | -1.0% |
| 2024 | 5,624 constant LCU per person | +5.6% |
Marshall Islands compared with similar countries
- Marshall Islands's 5,624 constant LCU per person is below the median for upper middle income countries, which is 46,484 constant LCU per person, 12% of the median. (57 countries reporting)
- Marshall Islands's 5,624 constant LCU per person is below the median for East Asia & Pacific, which is 92,103 constant LCU per person, 6% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,730 constant LCU per person | 2,665 constant LCU per person | 2,782 constant LCU per person | 3 |
| 2000s | 3,007 constant LCU per person | 2,767 constant LCU per person | 3,205 constant LCU per person | 10 |
| 2010s | 3,749 constant LCU per person | 3,263 constant LCU per person | 4,960 constant LCU per person | 10 |
| 2020s | 5,315 constant LCU per person | 4,986 constant LCU per person | 5,624 constant LCU per person | 5 |
Countries ranked near Marshall Islands
- 178 Montenegro 6,245 constant LCU per person compare
- 179 Ecuador 6,077 constant LCU per person compare
- 180 Ghana 5,707 constant LCU per person compare
- 182 Cuba 4,591 constant LCU per person compare
- 183 Zimbabwe 4,137 constant LCU per person compare
- 184 El Salvador 4,125 constant LCU per person 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 value added at basic prices (gva) (constant lcu), per capita in Marshall Islands?
- Gross value added at basic prices (gva) (constant lcu), per capita in Marshall Islands was 5,624 constant LCU per person in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), per capita recorded in Marshall Islands?
- The highest recorded value was 5,624 constant LCU per person in 2024.
- What is the lowest gross value added at basic prices (gva) (constant lcu), per capita recorded in Marshall Islands?
- The lowest recorded value was 2,665 constant LCU per person in 1999.
- How does Marshall Islands rank for gross value added at basic prices (gva) (constant lcu), per capita?
- Marshall Islands ranks 181st out of 196 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant lcu), per capita rising or falling in Marshall Islands?
- Over the last ten years it is up 62.0%. 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 LCU), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant LCU) divided by Population, total, 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 LCU) ÷ Population, total
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- Population, total World Population Prospects, United Nations (UN)
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 LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.