Gross value added at basic prices (GVA) (current US$), per capita in Marshall Islands
Marshall Islands: Gross value added at basic prices (GVA) (current US$), per capita was 7,405 current US$ per person in 2024. ▲ Rising
Gross value added at basic prices (GVA) (current US$), per capita in Marshall Islands, 1997–2024
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
In 2024, gross value added at basic prices (gva) (current us$), per capita in Marshall Islands stood at 7,405 current US$ per person. That is the highest value across all 28 years on record.
That represents a change of up 13.3% on the previous year and up 109.8% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), per capita in Marshall Islands peaked at 7,405 current US$ per person in 2024 and was at its lowest, 1,932 current US$ per person, in 1997.
That places Marshall Islands 104th out of 205 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Gross value added at basic prices (GVA) (current US$), per capita in Marshall Islands, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1997 | 1,932 current US$ per person | — |
| 1998 | 1,988 current US$ per person | +2.9% |
| 1999 | 1,970 current US$ per person | -0.9% |
| 2000 | 2,060 current US$ per person | +4.6% |
| 2001 | 2,094 current US$ per person | +1.6% |
| 2002 | 2,324 current US$ per person | +11.0% |
| 2003 | 2,302 current US$ per person | -1.0% |
| 2004 | 2,360 current US$ per person | +2.5% |
| 2005 | 2,401 current US$ per person | +1.8% |
| 2006 | 2,525 current US$ per person | +5.1% |
| 2007 | 2,690 current US$ per person | +6.5% |
| 2008 | 2,657 current US$ per person | -1.2% |
| 2009 | 2,790 current US$ per person | +5.0% |
| 2010 | 2,903 current US$ per person | +4.1% |
| 2011 | 3,118 current US$ per person | +7.4% |
| 2012 | 3,366 current US$ per person | +8.0% |
| 2013 | 3,484 current US$ per person | +3.5% |
| 2014 | 3,529 current US$ per person | +1.3% |
| 2015 | 3,621 current US$ per person | +2.6% |
| 2016 | 4,085 current US$ per person | +12.8% |
| 2017 | 4,448 current US$ per person | +8.9% |
| 2018 | 4,690 current US$ per person | +5.4% |
| 2019 | 5,200 current US$ per person | +10.9% |
| 2020 | 5,585 current US$ per person | +7.4% |
| 2021 | 6,128 current US$ per person | +9.7% |
| 2022 | 6,197 current US$ per person | +1.1% |
| 2023 | 6,536 current US$ per person | +5.5% |
| 2024 | 7,405 current US$ per person | +13.3% |
Marshall Islands compared with similar countries
- Marshall Islands's 7,405 current US$ per person is above the median for upper middle income countries, which is 7,063 current US$ per person, 1.0× the median. (58 countries reporting)
- Marshall Islands's 7,405 current US$ per person is above the median for East Asia & Pacific, which is 5,638 current US$ per person, 1.3× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,963 current US$ per person | 1,932 current US$ per person | 1,988 current US$ per person | 3 |
| 2000s | 2,420 current US$ per person | 2,060 current US$ per person | 2,790 current US$ per person | 10 |
| 2010s | 3,845 current US$ per person | 2,903 current US$ per person | 5,200 current US$ per person | 10 |
| 2020s | 6,370 current US$ per person | 5,585 current US$ per person | 7,405 current US$ per person | 5 |
Countries ranked near Marshall Islands
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) (current us$), per capita in Marshall Islands?
- Gross value added at basic prices (gva) (current us$), per capita in Marshall Islands was 7,405 current US$ per person in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), per capita recorded in Marshall Islands?
- The highest recorded value was 7,405 current US$ per person in 2024.
- What is the lowest gross value added at basic prices (gva) (current us$), per capita recorded in Marshall Islands?
- The lowest recorded value was 1,932 current US$ per person in 1997.
- How does Marshall Islands rank for gross value added at basic prices (gva) (current us$), per capita?
- Marshall Islands ranks 104th out of 205 countries with data for 2024.
- Is gross value added at basic prices (gva) (current us$), per capita rising or falling in Marshall Islands?
- Over the last ten years it is up 109.8%. 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 US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (current US$) 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) (current US$) ÷ Population, total
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.