Real gdp growth in Marshall Islands
Marshall Islands: Real gdp growth was 3 in 2024. ◆ Volatile
Latest (2024)
3
Change on year
up 157.0%
World rank
118th
of 196 countries
All-time high
10.47
in 2019
All-time low
-7.58
in 2008
Years of data
27
1998–2024
Real gdp growth in Marshall Islands, 1998–2024
Source: Our World in Data.
Analysis
The most recent figure for real gdp growth in Marshall Islands is 3, measured in 2024.
Compared with earlier readings it is up 157.0% on the previous year and up 333.5% over ten years.
Over the whole period, real gdp growth in Marshall Islands peaked at 10.47 in 2019 and was at its lowest, -7.58, in 2008.
That places Marshall Islands 118th out of 196 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.9765 | -1.31 | -0.641 | 2 |
| 2000s | 1.28 | -7.58 | 7.14 | 10 |
| 2010s | 3.02 | -1.28 | 10.47 | 10 |
| 2020s | -0.7186 | -5.26 | 3 | 5 |
Countries ranked near Marshall Islands
More economy & growth data for Marshall Islands
- External balance on goods and services as a percent of gdp -43.83 (2025)
- Gdp per capita worldbank constant usd 6,174 (2025)
- Manufacturing value added to gdp 3.17 (2024)
- Gdp worldbank constant usd 224.00 million (2025)
- Gdp per capita in international and market dollars 6,174 (2025)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 124.43 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 124.43 million current US$ (2024)
- Taxes less subsidies on products 12.05 million current LCU (2024)
- Taxes less subsidies on products 12.05 million current US$ (2024)
Frequently asked questions
- What is real gdp growth in Marshall Islands?
- Real gdp growth in Marshall Islands was 3 in 2024, according to Our World in Data.
- What is the highest real gdp growth recorded in Marshall Islands?
- The highest recorded value was 10.47 in 2019.
- What is the lowest real gdp growth recorded in Marshall Islands?
- The lowest recorded value was -7.58 in 2008.
- How does Marshall Islands rank for real gdp growth?
- Marshall Islands ranks 118th out of 196 countries with data for 2024.
- Is real gdp growth rising or falling in Marshall Islands?
- Over the last ten years it is up 333.5%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (Our World in Data).