GDP (current US$) (UNESCO Institute) in Marshall Islands

Marshall Islands: GDP (current US$) (UNESCO Institute) was 280.36 million current US$ in 2024. ◆ Volatile

Latest (2024)
280.36 million current US$
Change on year
up 8.1%
World rank
209th
of 211 countries
All-time high
280.36 million current US$
in 2024
All-time low
8.41 million current US$
in 1970
Years of data
55
1970–2024

GDP in Marshall Islands, 1970–2024

0100.0M200.0M300.0M197019972024

Source: UNESCO Institute for Statistics. Measured in current US$.

Analysis

In 2024, gdp in Marshall Islands stood at 280.36 million current US$. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 8.1% on the previous year and up 50.7% over ten years.

Over the whole period, gdp in Marshall Islands peaked at 280.36 million current US$ in 2024 and was at its lowest, 8.41 million current US$, in 1970.

Marshall Islands ranks 209th of 211 countries on this measure, in the bottom quarter.

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

GDP (current US$) (UNESCO Institute) in Marshall Islands, year by year

Annual values for GDP (current US$) in Marshall Islands, 1970 to 2024.
Year current US$ Change
1970 8.41 million current US$ —
1971 9.12 million current US$ +8.4%
1972 9.97 million current US$ +9.4%
1973 11.61 million current US$ +16.4%
1974 15.22 million current US$ +31.1%
1975 16.69 million current US$ +9.7%
1976 18.15 million current US$ +8.8%
1977 20.21 million current US$ +11.3%
1978 22.21 million current US$ +9.9%
1979 25.55 million current US$ +15.0%
1980 26.71 million current US$ +4.6%
1981 31.02 million current US$ +16.1%
1982 34.92 million current US$ +12.6%
1983 41.75 million current US$ +19.6%
1984 45.14 million current US$ +8.1%
1985 43.88 million current US$ -2.8%
1986 55.99 million current US$ +27.6%
1987 62.98 million current US$ +12.5%
1988 70.69 million current US$ +12.2%
1989 72.80 million current US$ +3.0%
1990 78.48 million current US$ +7.8%
1991 82.51 million current US$ +5.1%
1992 91.06 million current US$ +10.4%
1993 99.46 million current US$ +9.2%
1994 108.07 million current US$ +8.7%
1995 120.23 million current US$ +11.3%
1996 110.86 million current US$ -7.8%
1997 109.89 million current US$ -0.9%
1998 112.07 million current US$ +2.0%
1999 113.35 million current US$ +1.1%
2000 114.84 million current US$ +1.3%
2001 122.41 million current US$ +6.6%
2002 131.96 million current US$ +7.8%
2003 131.13 million current US$ -0.6%
2004 132.90 million current US$ +1.4%
2005 138.00 million current US$ +3.8%
2006 143.20 million current US$ +3.8%
2007 150.50 million current US$ +5.1%
2008 146.60 million current US$ -2.6%
2009 151.20 million current US$ +3.1%
2010 161.10 million current US$ +6.5%
2011 172.30 million current US$ +7.0%
2012 180.70 million current US$ +4.9%
2013 186.40 million current US$ +3.2%
2014 186.00 million current US$ -0.2%
2015 183.70 million current US$ -1.2%
2016 201.80 million current US$ +9.9%
2017 213.70 million current US$ +5.9%
2018 220.00 million current US$ +2.9%
2019 232.90 million current US$ +5.9%
2020 241.80 million current US$ +3.8%
2021 258.90 million current US$ +7.1%
2022 253.40 million current US$ -2.1%
2023 259.30 million current US$ +2.3%
2024 280.36 million current US$ +8.1%

Marshall Islands compared with similar countries

  • Marshall Islands's 280.36 million current US$ is below the median for upper middle income countries, which is 45.55 billion current US$, 1% of the median. (58 countries reporting)
  • Marshall Islands's 280.36 million current US$ is below the median for East Asia & Pacific, which is 15.98 billion current US$, 2% of the median. (36 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 15.71 million current US$ 8.41 million current US$ 25.55 million current US$ 10
1980s 48.59 million current US$ 26.71 million current US$ 72.80 million current US$ 10
1990s 102.60 million current US$ 78.48 million current US$ 120.23 million current US$ 10
2000s 136.27 million current US$ 114.84 million current US$ 151.20 million current US$ 10
2010s 193.86 million current US$ 161.10 million current US$ 232.90 million current US$ 10
2020s 258.75 million current US$ 241.80 million current US$ 280.36 million current US$ 5

Countries ranked near Marshall Islands

  1. 206 Micronesia (country) 471.43 million current US$ compare
  2. 207 Kiribati 307.86 million current US$ compare
  3. 208 Palau 281.85 million current US$ compare
  4. 210 Nauru 160.35 million current US$ compare
  5. 211 Tuvalu 62.28 million current US$ compare

See the full ranking of 211 places →

More population data for Marshall Islands

All data for Marshall Islands →

Frequently asked questions

What is gdp in Marshall Islands?
Gdp in Marshall Islands was 280.36 million current US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Marshall Islands?
The highest recorded value was 280.36 million current US$ in 2024.
What is the lowest gdp recorded in Marshall Islands?
The lowest recorded value was 8.41 million current US$ in 1970.
How does Marshall Islands rank for gdp?
Marshall Islands ranks 209th out of 211 countries with data for 2024.
Is gdp rising or falling in Marshall Islands?
Over the last ten years it is up 50.7%. The long-run trend across the full record is volatile.
Where does this Marshall Islands data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP (current US$). Statizoid updates them automatically from the source API.

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GDP in Marshall Islands. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-current-us-2/marshall-islands/

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About this data

Indicator
GDP (current US$)
Unit
current US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,315 data points, 1970–2024
Last refreshed

February 2026 Data Release