Gross value added at basic prices (GVA) (current LCU), per square in Marshall Islands
Marshall Islands: Gross value added at basic prices (GVA) (current LCU), per square was 1.41 million current LCU per square kilometre in 2023. ▲ Rising
Gross value added at basic prices (GVA) (current LCU), per square in Marshall Islands, 1997–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
The most recent figure for gross value added at basic prices (gva) (current lcu), per square in Marshall Islands is 1.41 million current LCU per square kilometre, measured in 2023. That is the highest value across all 27 years on record.
That represents a change of up 2.2% on the previous year and up 43.7% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), per square in Marshall Islands peaked at 1.41 million current LCU per square kilometre in 2023 and was at its lowest, 528,833 current LCU per square kilometre, in 1997.
That places Marshall Islands 158th out of 204 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 27 years of available data.
Gross value added at basic prices (GVA) (current LCU), per square in Marshall Islands, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 1997 | 528,833 current LCU per square kilometre | — |
| 1998 | 549,066 current LCU per square kilometre | +3.8% |
| 1999 | 549,447 current LCU per square kilometre | +0.1% |
| 2000 | 580,428 current LCU per square kilometre | +5.6% |
| 2001 | 594,767 current LCU per square kilometre | +2.5% |
| 2002 | 664,083 current LCU per square kilometre | +11.7% |
| 2003 | 660,411 current LCU per square kilometre | -0.6% |
| 2004 | 678,906 current LCU per square kilometre | +2.8% |
| 2005 | 692,389 current LCU per square kilometre | +2.0% |
| 2006 | 729,200 current LCU per square kilometre | +5.3% |
| 2007 | 777,544 current LCU per square kilometre | +6.6% |
| 2008 | 768,133 current LCU per square kilometre | -1.2% |
| 2009 | 806,356 current LCU per square kilometre | +5.0% |
| 2010 | 839,494 current LCU per square kilometre | +4.1% |
| 2011 | 899,083 current LCU per square kilometre | +7.1% |
| 2012 | 961,533 current LCU per square kilometre | +6.9% |
| 2013 | 981,061 current LCU per square kilometre | +2.0% |
| 2014 | 976,278 current LCU per square kilometre | -0.5% |
| 2015 | 981,739 current LCU per square kilometre | +0.6% |
| 2016 | 1.08 million current LCU per square kilometre | +10.3% |
| 2017 | 1.15 million current LCU per square kilometre | +6.2% |
| 2018 | 1.18 million current LCU per square kilometre | +2.6% |
| 2019 | 1.27 million current LCU per square kilometre | +7.8% |
| 2020 | 1.33 million current LCU per square kilometre | +4.2% |
| 2021 | 1.41 million current LCU per square kilometre | +6.3% |
| 2022 | 1.38 million current LCU per square kilometre | -2.0% |
| 2023 | 1.41 million current LCU per square kilometre | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 542,449 current LCU per square kilometre | 528,833 current LCU per square kilometre | 549,447 current LCU per square kilometre | 3 |
| 2000s | 695,222 current LCU per square kilometre | 580,428 current LCU per square kilometre | 806,356 current LCU per square kilometre | 10 |
| 2010s | 1.03 million current LCU per square kilometre | 839,494 current LCU per square kilometre | 1.27 million current LCU per square kilometre | 10 |
| 2020s | 1.38 million current LCU per square kilometre | 1.33 million current LCU per square kilometre | 1.41 million current LCU per square kilometre | 4 |
Countries ranked near Marshall Islands
- 155 New Zealand 1.45 million current LCU per square kilometre compare
- 156 Turks and Caicos Islands 1.44 million current LCU per square kilometre compare
- 157 El Salvador 1.43 million current LCU per square kilometre compare
- 159 Bahamas 1.35 million current LCU per square kilometre compare
- 160 Azerbaijan 1.35 million current LCU per square kilometre compare
- 161 Tuvalu 1.20 million current LCU per square kilometre compare
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Gdp worldbank constant usd, per unit of GDP 0.7273 units per US$ of GDP (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- 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)
- External balance on goods and services as a percent of GDP -43.8% (2025)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- GDP per capita 6,174 constant 2015 US$ (2025)
- Exports of goods and services 36.0% (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (current lcu), per square in Marshall Islands?
- Gross value added at basic prices (gva) (current lcu), per square in Marshall Islands was 1.41 million current LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), per square recorded in Marshall Islands?
- The highest recorded value was 1.41 million current LCU per square kilometre in 2023.
- What is the lowest gross value added at basic prices (gva) (current lcu), per square recorded in Marshall Islands?
- The lowest recorded value was 528,833 current LCU per square kilometre in 1997.
- How does Marshall Islands rank for gross value added at basic prices (gva) (current lcu), per square?
- Marshall Islands ranks 158th out of 204 countries with data for 2023.
- Is gross value added at basic prices (gva) (current lcu), per square rising or falling in Marshall Islands?
- Over the last ten years it is up 43.7%. 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) (current 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) (current 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) (current LCU) ÷ 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) (current 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.