GDP growth (annual %) (UNESCO Institute) in Marshall Islands
Marshall Islands: GDP growth (annual %) (UNESCO Institute) was 2.8% in 2024. ◆ Volatile
GDP growth in Marshall Islands, 1971–2024
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
In 2024, gdp growth in Marshall Islands stood at 2.8%.
Compared with earlier readings it is up 170.4% on the previous year and up 320.0% over ten years.
Over the whole period, gdp growth in Marshall Islands peaked at 33.9% in 1973 and was at its lowest, -10.3%, in 1996.
Marshall Islands ranks 122nd of 212 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth (annual %) (UNESCO Institute) in Marshall Islands, year by year
| Year | annual % | Change |
|---|---|---|
| 1971 | 2.3% | — |
| 1972 | 1.1% | -53.2% |
| 1973 | 33.9% | +3035.7% |
| 1974 | 15.3% | -54.8% |
| 1975 | 0.1% | -99.6% |
| 1976 | 0.4% | +499.6% |
| 1977 | 2.4% | +572.6% |
| 1978 | 5.6% | +131.4% |
| 1979 | 2.1% | -62.0% |
| 1980 | -7.2% | -437.0% |
| 1981 | 6.4% | -189.5% |
| 1982 | 4.8% | -24.9% |
| 1983 | 15.5% | +221.0% |
| 1984 | 3.9% | -75.1% |
| 1985 | -6.3% | -261.9% |
| 1986 | 24.5% | -492.2% |
| 1987 | 9.4% | -61.8% |
| 1988 | 7.8% | -16.8% |
| 1989 | -1.7% | -121.7% |
| 1990 | 2.7% | -258.2% |
| 1991 | 0.1% | -96.7% |
| 1992 | 7.1% | +8033.1% |
| 1993 | 6.0% | -15.9% |
| 1994 | 5.9% | -2.1% |
| 1995 | 8.2% | +39.7% |
| 1996 | -10.3% | -225.4% |
| 1997 | -6.4% | -37.4% |
| 1998 | -0.7% | -89.5% |
| 1999 | -1.3% | +98.0% |
| 2000 | 2.5% | -283.9% |
| 2001 | 6.9% | +182.3% |
| 2002 | 3.6% | -47.5% |
| 2003 | -1.6% | -143.0% |
| 2004 | -0.4% | -73.9% |
| 2005 | 1.8% | -538.6% |
| 2006 | 0.2% | -90.2% |
| 2007 | 3.7% | +1996.3% |
| 2008 | -7.6% | -305.1% |
| 2009 | 3.7% | -148.4% |
| 2010 | 5.5% | +51.1% |
| 2011 | -0.5% | -109.1% |
| 2012 | -1.3% | +156.8% |
| 2013 | 3.8% | -395.1% |
| 2014 | -1.3% | -133.1% |
| 2015 | 1.9% | -249.7% |
| 2016 | 2.5% | +32.8% |
| 2017 | 3.6% | +42.1% |
| 2018 | 5.5% | +54.2% |
| 2019 | 10.5% | +90.5% |
| 2020 | -2.8% | -126.5% |
| 2021 | 1.2% | -144.1% |
| 2022 | -1.1% | -191.5% |
| 2023 | -3.9% | +251.9% |
| 2024 | 2.8% | -170.4% |
Marshall Islands compared with similar countries
- Marshall Islands's 2.8% is below the median for upper middle income countries, which is 3.3%, 83% of the median. (58 countries reporting)
- Marshall Islands's 2.8% is below the median for East Asia & Pacific, which is 3.8%, 72% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where GDP growth (annual %) (UNESCO Institute) in Marshall Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +8033.1% | 0.1% | 7.1% |
| 1973 | +3035.7% | 1.1% | 33.9% |
| 2007 | +1996.3% | 0.2% | 3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.0% | 0.1% | 33.9% | 9 |
| 1980s | 5.7% | -7.2% | 24.5% | 10 |
| 1990s | 1.1% | -10.3% | 8.2% | 10 |
| 2000s | 1.3% | -7.6% | 6.9% | 10 |
| 2010s | 3.0% | -1.3% | 10.5% | 10 |
| 2020s | -0.8% | -3.9% | 2.8% | 5 |
Countries ranked near Marshall Islands
More population data for Marshall Islands
- Population regions with projections, annual growth rate -0.393 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -3.46 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.393 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.3323 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 51.21 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.8454 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.3799 % change on previous year (2100)
- Population growth rate -0.407 (2100)
- Population density 132.37 (2100)
- Projected population under age 5 1,311 (2100)
Frequently asked questions
- What is gdp growth in Marshall Islands?
- Gdp growth in Marshall Islands was 2.8% in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Marshall Islands?
- The highest recorded value was 33.9% in 1973.
- What is the lowest gdp growth recorded in Marshall Islands?
- The lowest recorded value was -10.3% in 1996.
- How does Marshall Islands rank for gdp growth?
- Marshall Islands ranks 122nd out of 212 countries with data for 2024.
- Is gdp growth rising or falling in Marshall Islands?
- Over the last ten years it is up 320.0%. 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 growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release