Marshall Islands GDP Growth

GDP Growth Rate

Year -

2.502%

Marshall Islands Annual GDP Growth Table

Source: WorldbankGrowth | Growth Capita

In 2024, Marshall Islands experienced a significant an increase in its GDP growth rate, which rise to 2.502% from -5.008% in 2023. Additionally, the GDP per capita growth rate in Marshall Islands increase to 5.993% in 2024, compared to -1.95% in 2023.

Marshall Islands Annual GDP Growth 2024
Year GDP Growth Net Chg GDP Capita Growth Net Chg
1961----
1962----
1963----
1964----
1965----
1966----
1967----
1968----
1969----
1970----
19712.31--1.351-
19721.082%-1.23%-1.556%-0.21%
197333.923%32.84%30.714%32.27%
197415.323%-18.60%12.063%-18.65%
19750.06%-15.26%-3.222%-15.29%
19760.361%0.30%-2.859%0.36%
19772.43%2.07%-0.818%2.04%
19785.624%3.19%2.313%3.13%
19792.135%-3.49%-1.055%-3.37%
1980-7.195%-9.33%-10.319%-9.26%
19816.437%13.63%2.304%12.62%
19824.831%-1.61%0.499%-1.81%
198315.508%10.68%10.816%10.32%
19843.866%-11.64%-0.296%-11.11%
1985-6.257%-10.12%-9.974%-9.68%
198624.542%30.80%19.708%29.68%
19879.364%-15.18%5.233%-14.48%
19887.789%-1.58%3.986%-1.25%
1989-1.692%-9.48%-4.545%-8.53%
19902.676%4.37%0.277%4.82%
19910.088%-2.59%-1.975%-2.25%
19927.141%7.05%5.247%7.22%
19936.006%-1.14%4.419%-0.83%
19945.878%-0.13%4.504%0.09%
19958.213%2.34%6.971%2.47%
1996-10.303%-18.52%-11.239%-18.21%
1997-6.446%3.86%-7.365%3.87%
1998-0.674%5.77%-1.589%5.78%
1999-1.335%-0.66%-2.288%-0.70%
20002.454%3.79%1.436%3.72%
20016.93%4.48%6.058%4.62%
20023.636%-3.29%3.027%-3.03%
2003-1.562%-5.20%-1.97%-5.00%
2004-0.408%1.15%-0.701%1.27%
20051.791%2.20%1.566%2.27%
20060.176%-1.62%0.01%-1.56%
20073.689%3.51%3.603%3.59%
2008-7.566%-11.26%-7.557%-11.16%
20093.665%11.23%3.687%11.24%
20105.539%1.87%5.488%1.80%
2011-0.503%-6.04%-0.24%-5.73%
2012-1.291%-0.79%-0.354%-0.11%
20133.809%5.10%5.321%5.68%
2014-1.26%-5.07%0.495%-4.83%
20151.886%3.15%3.965%3.47%
20162.504%0.62%4.848%0.88%
20173.558%1.05%6.184%1.34%
20185.487%1.93%8.385%2.20%
201910.452%4.97%13.66%5.28%
2020-2.773%-13.23%0.189%-13.47%
20212.159%4.93%5.466%5.28%
2022-0.701%-2.86%2.496%-2.97%
2023-5.008%-4.31%-1.95%-4.45%
20242.502%7.51%5.993%7.94%