Gross value added at basic prices (GVA) (current US$), per square in Marshall Islands
Marshall Islands: Gross value added at basic prices (GVA) (current US$), per square was 1.41 million current US$ per square kilometre in 2023. ▲ Rising
Gross value added at basic prices (GVA) (current US$), per square in Marshall Islands, 1997–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
In 2023, gross value added at basic prices (gva) (current us$), per square in Marshall Islands stood at 1.41 million current US$ per square kilometre. That is the highest value across all 27 years on record.
Compared with earlier readings it is 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 us$), per square in Marshall Islands peaked at 1.41 million current US$ per square kilometre in 2023 and was at its lowest, 528,833 current US$ per square kilometre, in 1997.
That places Marshall Islands 64th out of 204 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) (current US$), per square in Marshall Islands, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 1997 | 528,833 current US$ per square kilometre | — |
| 1998 | 549,066 current US$ per square kilometre | +3.8% |
| 1999 | 549,447 current US$ per square kilometre | +0.1% |
| 2000 | 580,428 current US$ per square kilometre | +5.6% |
| 2001 | 594,767 current US$ per square kilometre | +2.5% |
| 2002 | 664,083 current US$ per square kilometre | +11.7% |
| 2003 | 660,411 current US$ per square kilometre | -0.6% |
| 2004 | 678,906 current US$ per square kilometre | +2.8% |
| 2005 | 692,389 current US$ per square kilometre | +2.0% |
| 2006 | 729,200 current US$ per square kilometre | +5.3% |
| 2007 | 777,544 current US$ per square kilometre | +6.6% |
| 2008 | 768,133 current US$ per square kilometre | -1.2% |
| 2009 | 806,356 current US$ per square kilometre | +5.0% |
| 2010 | 839,494 current US$ per square kilometre | +4.1% |
| 2011 | 899,083 current US$ per square kilometre | +7.1% |
| 2012 | 961,533 current US$ per square kilometre | +6.9% |
| 2013 | 981,061 current US$ per square kilometre | +2.0% |
| 2014 | 976,278 current US$ per square kilometre | -0.5% |
| 2015 | 981,739 current US$ per square kilometre | +0.6% |
| 2016 | 1.08 million current US$ per square kilometre | +10.3% |
| 2017 | 1.15 million current US$ per square kilometre | +6.2% |
| 2018 | 1.18 million current US$ per square kilometre | +2.6% |
| 2019 | 1.27 million current US$ per square kilometre | +7.8% |
| 2020 | 1.33 million current US$ per square kilometre | +4.2% |
| 2021 | 1.41 million current US$ per square kilometre | +6.3% |
| 2022 | 1.38 million current US$ per square kilometre | -2.0% |
| 2023 | 1.41 million current US$ per square kilometre | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 542,449 current US$ per square kilometre | 528,833 current US$ per square kilometre | 549,447 current US$ per square kilometre | 3 |
| 2000s | 695,222 current US$ per square kilometre | 580,428 current US$ per square kilometre | 806,356 current US$ per square kilometre | 10 |
| 2010s | 1.03 million current US$ per square kilometre | 839,494 current US$ per square kilometre | 1.27 million current US$ per square kilometre | 10 |
| 2020s | 1.38 million current US$ per square kilometre | 1.33 million current US$ per square kilometre | 1.41 million current US$ per square kilometre | 4 |
Countries ranked near Marshall Islands
- 61 Philippines 1.47 million current US$ per square kilometre compare
- 62 Turks and Caicos Islands 1.44 million current US$ per square kilometre compare
- 63 El Salvador 1.43 million current US$ per square kilometre compare
- 65 French Polynesia 1.39 million current US$ per square kilometre compare
- 66 Romania 1.38 million current US$ per square kilometre compare
- 67 Bahamas 1.35 million current 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) (current us$), per square in Marshall Islands?
- Gross value added at basic prices (gva) (current us$), per square in Marshall Islands was 1.41 million current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), per square recorded in Marshall Islands?
- The highest recorded value was 1.41 million current US$ per square kilometre in 2023.
- What is the lowest gross value added at basic prices (gva) (current us$), per square recorded in Marshall Islands?
- The lowest recorded value was 528,833 current US$ per square kilometre in 1997.
- How does Marshall Islands rank for gross value added at basic prices (gva) (current us$), per square?
- Marshall Islands ranks 64th out of 204 countries with data for 2023.
- Is gross value added at basic prices (gva) (current us$), 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 US$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (current US$) 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) (current US$) ÷ Land area (sq. km)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (current US$) 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.