Marshall Islands GDP
GDP nominal (2023)
$259,300,000
GDP growth rate
(2023) −3.93% 
(Current US Dollars). Sources include: World Bank, United Nations.
- 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 2022; 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 | 2.5% | $3,947 | −2.24% | 47,709 |
| 2015 | $183,700,000 | $183,700,000 | 1.89% | $3,764 | −2% | 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 | −0.5% | $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% | 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 | −10.3% | $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:
- World Bank - World Bank national accounts data, and OECD National Accounts data.
- World Population Prospects: The 2024 Revision - United Nations Population Division