Marshall Islands GDP

GDP nominal (2023)
$259,300,000
(Current US Dollars). Sources include: World Bank, United Nations.
GDP growth rate (2023)

-3.93%

  • Nominal (current) Gross Domestic Product (GDP) of the Marshall Islands is $259,300,000 (USD) as of 2023.
  • Real GDP (constant, inflation adjusted) of the Marshall Islands reached $212,400,000 in 2023.
  • GDP Growth Rate in 2023 was -3.93%, representing a change of -8,700,000 US$ over 2022, when Real GDP was $221,100,000.
  • GDP per Capita in the Marshall Islands (with a population of 38,827 people) was $5,470 in 2023, a decrease of $46 from $5,517 in 2021; this represents a change of -0.8% in GDP per capita.
Marshall Islands GDP (Nominal, $USD) 1993-2023
GDP change (%)

Gross Domestic Product (GDP) of the Marshall Islands

Year GDP Nominal
(Current USD) 		GDP Real
(Inflation adj.) 		GDP
change		 GDP per capita Pop.
change		 Population
2023 $259,300,000 $212,400,000 -3.93% $5,470 -3.12 % 38,827
2022 $253,400,000 $221,100,000 -1.12% $5,517 -3.12 % 40,077
2021 $258,900,000 $223,600,000 1.22% $5,405 -3.14 % 41,367
2020 $241,800,000 $220,900,000 -2.77% $5,173 -2.96 % 42,706
2019 $232,900,000 $227,200,000 10.45% $5,163 -2.82 % 44,007
2018 $220,000,000 $205,700,000 5.49% $4,542 -2.67 % 45,285
2017 $213,700,000 $195,000,000 3.56% $4,191 -2.47 % 46,529
2016 $201,800,000 $188,300,000 2.50% $3,947 -2.24 % 47,709
2015 $183,700,000 $183,700,000 1.89% $3,764 -2.00 % 48,800
2014 $186,000,000 $180,300,000 -1.26% $3,621 -1.75 % 49,796
2013 $186,400,000 $182,600,000 3.81% $3,603 -1.44 % 50,681
2012 $180,700,000 $175,900,000 -1.29% $3,421 -0.94 % 51,419
2011 $172,300,000 $178,200,000 -0.50% $3,433 -0.26 % 51,907
2010 $161,100,000 $179,100,000 5.54% $3,441 0.05 % 52,044
2009 $151,200,000 $169,700,000 3.67% $3,262 -0.02 % 52,019
2008 $146,600,000 $163,700,000 -7.57% $3,146 -0.01 % 52,030
2007 $150,500,000 $177,100,000 3.69% $3,403 0.08 % 52,035
2006 $143,200,000 $170,800,000 0.18% $3,285 0.17 % 51,992
2005 $138,000,000 $170,500,000 1.79% $3,285 0.22 % 51,906
2004 $132,900,000 $167,500,000 -0.41% $3,234 0.29 % 51,791
2003 $131,128,500 $168,186,800 -1.56% $3,257 0.42 % 51,639
2002 $131,960,000 $170,855,000 3.64% $3,322 0.59 % 51,425
2001 $122,406,100 $164,861,000 6.93% $3,225 0.82 % 51,123
2000 $114,838,500 $154,176,500 2.45% $3,041 1.00 % 50,706
1999 $113,352,100 $150,483,000 -1.33% $2,998 0.98 % 50,202
1998 $112,070,100 $152,518,700 -0.67% $3,068 0.93 % 49,717
1997 $109,884,700 $153,553,800 -6.45% $3,117 0.99 % 49,259
1996 $110,858,000 $164,133,300 -10.30% $3,365 1.05 % 48,775
1995 $120,230,000 $182,986,300 8.21% $3,791 1.16 % 48,266
1994 $108,071,000 $169,097,800 5.88% $3,544 1.31 % 47,712
1993 $99,461,000 $159,710,500 6.01% $3,391 1.52 % 47,093
Sources:

See also