Gross value added at basic prices (GVA) (constant LCU), per square in Marshall Islands
Marshall Islands: Gross value added at basic prices (GVA) (constant LCU), per square was 1.15 million constant LCU per square kilometre in 2023. ▲ Rising
Gross value added at basic prices (GVA) (constant LCU), per square in Marshall Islands, 1997–2023
Source: Statizoid (derived). Measured in constant LCU per square kilometre.
Analysis
In 2023, gross value added at basic prices (gva) (constant lcu), per square in Marshall Islands stood at 1.15 million constant LCU per square kilometre.
That represents a change of 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 lcu), per square in Marshall Islands peaked at 1.21 million constant LCU per square kilometre in 2019 and was at its lowest, 743,261 constant LCU per square kilometre, in 1999.
That places Marshall Islands 144th out of 195 countries with data for 2023, putting it 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 LCU), per square in Marshall Islands, year by year
| Year | constant LCU per square kilometre | Change |
|---|---|---|
| 1997 | 761,344 constant LCU per square kilometre | — |
| 1998 | 757,656 constant LCU per square kilometre | -0.5% |
| 1999 | 743,261 constant LCU per square kilometre | -1.9% |
| 2000 | 779,333 constant LCU per square kilometre | +4.9% |
| 2001 | 826,544 constant LCU per square kilometre | +6.1% |
| 2002 | 848,483 constant LCU per square kilometre | +2.7% |
| 2003 | 851,244 constant LCU per square kilometre | +0.3% |
| 2004 | 876,922 constant LCU per square kilometre | +3.0% |
| 2005 | 878,906 constant LCU per square kilometre | +0.2% |
| 2006 | 887,028 constant LCU per square kilometre | +0.9% |
| 2007 | 926,617 constant LCU per square kilometre | +4.5% |
| 2008 | 853,872 constant LCU per square kilometre | -7.9% |
| 2009 | 903,589 constant LCU per square kilometre | +5.8% |
| 2010 | 945,756 constant LCU per square kilometre | +4.7% |
| 2011 | 940,917 constant LCU per square kilometre | -0.5% |
| 2012 | 939,856 constant LCU per square kilometre | -0.1% |
| 2013 | 971,911 constant LCU per square kilometre | +3.4% |
| 2014 | 960,261 constant LCU per square kilometre | -1.2% |
| 2015 | 981,739 constant LCU per square kilometre | +2.2% |
| 2016 | 998,628 constant LCU per square kilometre | +1.7% |
| 2017 | 1.04 million constant LCU per square kilometre | +4.1% |
| 2018 | 1.10 million constant LCU per square kilometre | +5.8% |
| 2019 | 1.21 million constant LCU per square kilometre | +10.3% |
| 2020 | 1.18 million constant LCU per square kilometre | -2.4% |
| 2021 | 1.21 million constant LCU per square kilometre | +2.2% |
| 2022 | 1.20 million constant LCU per square kilometre | -0.9% |
| 2023 | 1.15 million constant LCU per square kilometre | -4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 754,087 constant LCU per square kilometre | 743,261 constant LCU per square kilometre | 761,344 constant LCU per square kilometre | 3 |
| 2000s | 863,254 constant LCU per square kilometre | 779,333 constant LCU per square kilometre | 926,617 constant LCU per square kilometre | 10 |
| 2010s | 1.01 million constant LCU per square kilometre | 939,856 constant LCU per square kilometre | 1.21 million constant LCU per square kilometre | 10 |
| 2020s | 1.18 million constant LCU per square kilometre | 1.15 million constant LCU per square kilometre | 1.21 million constant LCU per square kilometre | 4 |
Countries ranked near Marshall Islands
- 141 El Salvador 1.21 million constant LCU per square kilometre compare
- 142 Tonga 1.20 million constant LCU per square kilometre compare
- 143 Bahamas 1.18 million constant LCU per square kilometre compare
- 145 Central African Republic 1.12 million constant LCU per square kilometre compare
- 146 Panama 1.04 million constant LCU per square kilometre compare
- 147 Croatia 963,706 constant LCU 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 lcu), per square in Marshall Islands?
- Gross value added at basic prices (gva) (constant lcu), per square in Marshall Islands was 1.15 million constant LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), per square recorded in Marshall Islands?
- The highest recorded value was 1.21 million constant LCU per square kilometre in 2019.
- What is the lowest gross value added at basic prices (gva) (constant lcu), per square recorded in Marshall Islands?
- The lowest recorded value was 743,261 constant LCU per square kilometre in 1999.
- How does Marshall Islands rank for gross value added at basic prices (gva) (constant lcu), per square?
- Marshall Islands ranks 144th out of 195 countries with data for 2023.
- Is gross value added at basic prices (gva) (constant lcu), per square 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 LCU), per square kilometre. 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 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 LCU) ÷ Land area (sq. km)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- 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 LCU) 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.