Gross domestic product (GDP) in Marshall Islands
Marshall Islands: Gross domestic product (GDP) was 113.47 million current GBP in 2014. ▲ Rising
Latest (2014)
113.47 million current GBP
Change on year
down 6.7%
World rank
198th
of 200 countries
All-time high
121.65 million current GBP
in 2013
All-time low
15.44 million current GBP
in 1981
Years of data
34
1981–2014
Gross domestic product (GDP) in Marshall Islands, 1981–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in current GBP.
Analysis
In 2014, gross domestic product (gdp) in Marshall Islands stood at 113.47 million current GBP.
Compared with earlier readings it is down 6.7% on the previous year and up 58.5% over ten years.
Over the whole period, gross domestic product (gdp) in Marshall Islands peaked at 121.65 million current GBP in 2013 and was at its lowest, 15.44 million current GBP, in 1981.
Marshall Islands ranks 198th of 200 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Gross domestic product (GDP) in Marshall Islands, year by year
| Year | current GBP | Change |
|---|---|---|
| 1981 | 15.44 million current GBP | — |
| 1982 | 19.99 million current GBP | +29.5% |
| 1983 | 27.54 million current GBP | +37.8% |
| 1984 | 33.94 million current GBP | +23.2% |
| 1985 | 34.19 million current GBP | +0.7% |
| 1986 | 38.20 million current GBP | +11.7% |
| 1987 | 38.54 million current GBP | +0.9% |
| 1988 | 39.74 million current GBP | +3.1% |
| 1989 | 44.49 million current GBP | +12.0% |
| 1990 | 44.20 million current GBP | -0.7% |
| 1991 | 46.78 million current GBP | +5.9% |
| 1992 | 51.89 million current GBP | +10.9% |
| 1993 | 66.32 million current GBP | +27.8% |
| 1994 | 70.62 million current GBP | +6.5% |
| 1995 | 76.19 million current GBP | +7.9% |
| 1996 | 71.06 million current GBP | -6.7% |
| 1997 | 64.93 million current GBP | -8.6% |
| 1998 | 65.64 million current GBP | +1.1% |
| 1999 | 66.74 million current GBP | +1.7% |
| 2000 | 73.32 million current GBP | +9.9% |
| 2001 | 79.99 million current GBP | +9.1% |
| 2002 | 83.23 million current GBP | +4.0% |
| 2003 | 77.72 million current GBP | -6.6% |
| 2004 | 71.61 million current GBP | -7.9% |
| 2005 | 75.76 million current GBP | +5.8% |
| 2006 | 78.08 million current GBP | +3.1% |
| 2007 | 75.00 million current GBP | -3.9% |
| 2008 | 83.11 million current GBP | +10.8% |
| 2009 | 97.66 million current GBP | +17.5% |
| 2010 | 106.01 million current GBP | +8.6% |
| 2011 | 107.89 million current GBP | +1.8% |
| 2012 | 116.76 million current GBP | +8.2% |
| 2013 | 121.65 million current GBP | +4.2% |
| 2014 | 113.47 million current GBP | -6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 32.45 million current GBP | 15.44 million current GBP | 44.49 million current GBP | 9 |
| 1990s | 62.43 million current GBP | 44.20 million current GBP | 76.19 million current GBP | 10 |
| 2000s | 79.55 million current GBP | 71.61 million current GBP | 97.66 million current GBP | 10 |
| 2010s | 113.16 million current GBP | 106.01 million current GBP | 121.65 million current GBP | 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)
- 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, annual growth rate 2.28 % change on previous year (2025)
- 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 per capita 6,174 constant 2015 US$ (2025)
- Exports of goods and services 36.0% (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Marshall Islands?
- Gross domestic product (gdp) in Marshall Islands was 113.47 million current GBP in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Marshall Islands?
- The highest recorded value was 121.65 million current GBP in 2013.
- What is the lowest gross domestic product (gdp) recorded in Marshall Islands?
- The lowest recorded value was 15.44 million current GBP in 1981.
- How does Marshall Islands rank for gross domestic product (gdp)?
- Marshall Islands ranks 198th out of 200 countries with data for 2014.
- Is gross domestic product (gdp) rising or falling in Marshall Islands?
- Over the last ten years it is up 58.5%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
This data is expressed in British pounds. It is not adjusted for inflation or differences in living costs between countries.