Real gdp growth, annual growth rate in Marshall Islands, Republic of the

Marshall Islands, Republic of the: Real gdp growth, annual growth rate was 157.02 % change on previous year in 2024. ◆ Volatile

Latest (2024)
157.02 % change on previous year
Change on year
up 124.1%
World rank
24th
of 196 countries
All-time high
396.17 % change on previous year
in 2013
All-time low
-650.5 % change on previous year
in 2023
Years of data
25
1999–2024

Real gdp growth, annual growth rate in Marshall Islands, Republic of the, 1999–2024

-750-500-25002505001999201120241999: -104.7 % change on previous year2000: 302.2 % change on previous year2001: 169.3 % change on previous year2002: -50.5 % change on previous year2003: -145.6 % change on previous year2004: 57.6 % change on previous year2005: 361.6 % change on previous year2006: -89.7 % change on previous year2008: -305.9 % change on previous year2009: 148.2 % change on previous year2010: 52.2 % change on previous year2011: -109 % change on previous year2012: -154.8 % change on previous year2013: 396.2 % change on previous year2014: -133.9 % change on previous year2015: 247.1 % change on previous year2016: 33.5 % change on previous year2017: 41.2 % change on previous year2018: 53.9 % change on previous year2019: 90.9 % change on previous year2020: -126.5 % change on previous year2021: 177.3 % change on previous year2022: -132.7 % change on previous year2023: -650.5 % change on previous year2024: 157 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for real gdp growth, annual growth rate in Marshall Islands, Republic of the is 157.02 % change on previous year, measured in 2024.

Compared with earlier readings it is up 124.1% on the previous year and up 217.2% over ten years.

Over the whole period, real gdp growth, annual growth rate in Marshall Islands, Republic of the peaked at 396.17 % change on previous year in 2013 and was at its lowest, -650.5 % change on previous year, in 2023.

That places Marshall Islands, Republic of the 24th out of 196 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Real gdp growth, annual growth rate in Marshall Islands, Republic of the, year by year

Annual values for Real gdp growth, annual growth rate in Marshall Islands, Republic of the, 1999 to 2024.
Year % change on previous year Change
1999 -104.68 % change on previous year —
2000 302.21 % change on previous year -388.7%
2001 169.28 % change on previous year -44.0%
2002 -50.52 % change on previous year -129.8%
2003 -145.6 % change on previous year +188.2%
2004 57.57 % change on previous year -139.5%
2005 361.55 % change on previous year +528.0%
2006 -89.66 % change on previous year -124.8%
2008 -305.92 % change on previous year +241.2%
2009 148.21 % change on previous year -148.4%
2010 52.18 % change on previous year -64.8%
2011 -109.03 % change on previous year -309.0%
2012 -154.78 % change on previous year +42.0%
2013 396.17 % change on previous year -356.0%
2014 -133.92 % change on previous year -133.8%
2015 247.08 % change on previous year -284.5%
2016 33.49 % change on previous year -86.4%
2017 41.22 % change on previous year +23.1%
2018 53.92 % change on previous year +30.8%
2019 90.9 % change on previous year +68.6%
2020 -126.53 % change on previous year -239.2%
2021 177.28 % change on previous year -240.1%
2022 -132.66 % change on previous year -174.8%
2023 -650.5 % change on previous year +390.3%
2024 157.02 % change on previous year -124.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s -104.68 % change on previous year -104.68 % change on previous year -104.68 % change on previous year 1
2000s 49.68 % change on previous year -305.92 % change on previous year 361.55 % change on previous year 9
2010s 51.72 % change on previous year -154.78 % change on previous year 396.17 % change on previous year 10
2020s -115.08 % change on previous year -650.5 % change on previous year 177.28 % change on previous year 5

Countries ranked near Marshall Islands, Republic of the

  1. 21 Austria 193.47 % change on previous year compare
  2. 22 Liechtenstein, Principality of 170.93 % change on previous year compare
  3. 23 New Zealand 161.32 % change on previous year compare
  4. 25 Germany 148.39 % change on previous year compare
  5. 26 Myanmar 133.49 % change on previous year compare
  6. 27 Finland 129.09 % change on previous year compare

See the full ranking of 198 places →

More economy & growth data for Marshall Islands, Republic of the

All data for Marshall Islands, Republic of the →

Frequently asked questions

What is real gdp growth, annual growth rate in Marshall Islands, Republic of the?
Real gdp growth, annual growth rate in Marshall Islands, Republic of the was 157.02 % change on previous year in 2024, according to Statizoid (derived).
What is the highest real gdp growth, annual growth rate recorded in Marshall Islands, Republic of the?
The highest recorded value was 396.17 % change on previous year in 2013.
What is the lowest real gdp growth, annual growth rate recorded in Marshall Islands, Republic of the?
The lowest recorded value was -650.5 % change on previous year in 2023.
How does Marshall Islands, Republic of the rank for real gdp growth, annual growth rate?
Marshall Islands, Republic of the ranks 24th out of 196 countries with data for 2024.
Is real gdp growth, annual growth rate rising or falling in Marshall Islands, Republic of the?
Over the last ten years it is up 217.2%. The long-run trend across the full record is volatile.
Where does this Marshall Islands, Republic of the data come from?
The figures come from Statizoid (derived), published as part of Real gdp growth, annual growth rate. Statizoid updates them automatically from the source API.

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Real gdp growth, annual growth rate in Marshall Islands, Republic of the. Statizoid, drawing on Statizoid (derived). Retrieved 28 October 2026, from https://economy.statizoid.com/stat/real-gdp-growth-annual-growth-rate/marshall-islands/

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How this figure is calculated

The year-on-year percentage change in Real gdp growth. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Real gdp growth, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 7,619 data points, 1981–2026
Last refreshed

The year-on-year percentage change in Real gdp growth. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.