Marshall Islands Marshall Islands GDP - Gross Domestic Product

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GDP Marshall Islands 2023

GDP grows 3.2% in Marshall Islands

Gross Domestic Product of Marshall Islands grew 3.2% in 2023 compared to last year. This rate is 77 -tenths of one percent higher than the figure of -4.5% published in 2022.

The GDP figure in 2023 was €263$284 million, Marshall Islands is number 190 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Marshall Islands rose €15$23 million with respect to 2022.

The GDP per capita of Marshall Islands in 2023 was €5,837$6,311, €296$471 higher than in 2022, it was €5,541$5,840. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2013 when the GDP per capita in Marshall Islands was €2,599$3,451.

If we order the countries according to their GDP per capita, Marshall Islands is in 104th position of the 196 countries whose GDP we publish.

Here we show you the progression of the GDP in Marshall Islands. You can see GDP in other countries in GDP and see all the economic information about Marshall Islands in Marshall Islands's economy.

Evolution: Annual GDP Marshall Islands
DateAnnual GDPAnnual GDPGDP Growth (%)
2023€263M$284M3.2%
2022€248M$261M-4.5%
2021€217M$257M1.7%
2020€214M$244M-1.6%
2019€211M$236M6.8%
2018€188M$222M3.1%
2017€188M$212M3.3%
2016€182M$201M1.4%
2015€166M$184M1.6%
2014€137M$182M-1.0%
2013€139M$185M3.9%
2012€141M$181M-2.2%
2011€124M$172M-0.6%
2010€121M$160M6.8%
2009€108M$150M2.6%
2008€103M$152M-6.4%
2007€108M$148M3.4%
2006€113M$142M-0.2%
2005€110M$137M2.3%
2004€107M$133M-0.3%
2003€116M$131M-1.6%
2002€140M$132M3.7%
2001€136M$122M6.7%
2000€124M$115M1.5%
1999€108M$115M-1.1%
1998$114M-0.7%
1997$111M-6.4%
1996$111M-10.3%
1995$120M8.2%
1994$108M5.9%
1993$99M6.0%
1992$91M7.1%
1991$83M0.1%
1990$78M2.7%
1989$73M-1.7%
1988$71M7.8%
1987$63M9.4%
1986$56M24.5%
1985$44M-6.3%
1984$45M3.9%
1983$42M15.5%
1982$35M4.8%
1981$31M6.4%
1980$27M-7.2%
1979$26M2.1%
1978$22M5.6%
1977$20M2.4%
1976$18M0.4%
1975$17M0.1%
1974$15M15.3%
1973$12M33.9%
1972$10M1.1%
1971$9M2.3%
1970$8M
Evolution: GDP per capita Marshall Islands
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
2023€5,837$6,3115.3%8.1%
2022€5,541$5,84013.0%0.6%
2021€4,904$5,80426.2%30.8%
2020€3,887$4,4361.2%3.1%
2019€3,843$4,30311.8%5.9%
2018€3,438$4,062-0.4%4.2%
2017€3,452$3,8992.7%4.8%
2016€3,362$3,7219.5%9.2%
2015€3,070$3,40620.4%0.5%
2014€2,550$3,388-1.9%-1.8%
2013€2,599$3,451-1.3%2.0%
2012€2,632$3,38413.1%4.5%
2011€2,327$3,2391.9%6.9%
2010€2,284$3,03011.1%5.8%
2009€2,056$2,8654.5%-1.0%
2008€1,968$2,894-5.8%1.0%
2007€2,090$2,865-4.5%4.2%
2006€2,189$2,7492.1%3.0%
2005€2,143$2,6681.5%1.6%
2004€2,112$2,626-8.8%0.3%
2003€2,316$2,619-17.5%-1.2%
2002€2,806$2,6514.0%9.7%
2001€2,698$2,41611.4%8.0%
2000€2,421$2,23713.8%-1.4%
1999€2,127$2,269-0.3%
1998$2,2770.9%
1997$2,2574.9%
1996$2,151-9.3%
1995$2,3719.4%
1994$2,1686.7%
1993$2,0327.2%
1992$1,8978.2%
1991$1,7532.9%
1990$1,7045.3%
1989$1,6180.0%
1988$1,6188.2%
1987$1,4958.2%
1986$1,38222.7%
1985$1,126-6.6%
1984$1,2063.9%
1983$1,16114.9%
1982$1,0108.2%
1981$93411.8%
1980$8351.0%
1979$82711.3%
1978$7436.3%
1977$6997.7%
1976$6495.2%
1975$6176.1%
1974$58127.8%
1973$45514.4%
1972$3987.6%
1971$3695.3%
1970$351
Evolution: GDP growth rate at constant prices Marshall Islands
Evolution: GDP per capita Marshall Islands
GDP Marshall Islands