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Marshall Islands — GDP growth

Also known as economic growth rate, GDP growth rate, annual growth of the economy, growth rate.

GDP Growth (Annual %) for Marshall Islands, 1971–2025.

Latest value · 2025
2.28%
GDP Growth (Annual %) · annual % · -1.2% since 1971
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GDP growth for Marshall Islands was 2.28% in 2025, according to the latest World Bank data. The series covers 55 years, from 1971 to 2025. The highest recorded value was 33.92% in 1973. The lowest was -10.30% in 1996 (about -4.5× the latest value). Across that span the compound annual growth rate works out to -0.02% per year.

Marshall Islands ranks 138 of 212 economies on this measure (1 = highest), putting it in the top 65%. The median for East Asia & Pacific is 3.62%, so Marshall Islands sits below it. It peaked in 1973 and has fallen 93% since. Over the last decade (2015–2025) the figure moved up 21%. Within East Asia & Pacific it ranks 24 of 36 economies; Naoero (2.14%) is just below it. Its sharpest one-year move was up 8033% in 1992. That is 10% above this series' own ten-year average.

Data highlights

From its 1971 level: doubled by 1973; grown tenfold by 1973.

World ranking. Slipped: 107th of 142 in 1971 → 142nd of 152 in 1980 → 100th of 176 in 1990 → 151st of 199 in 2000 → 77th of 209 in 2010 → 80th of 209 in 2020 → 127th of 186 in 2025.

Adjacent in the latest world ranking (138 of 212): Brazil (#137) · United States (#139).

Key figures

Latest (2025)
2.28%
First (1971)
2.31%
Change
-1.2%
Highest
33.92%
in 1973
Lowest
-10.30%
in 1996
Average
3.16%
Annual growth (CAGR)
-0.02%
Years of data
55

Recent published years. 2025 — 2.28% · 2024 — 3.3% · 2023 — -5.39% · 2022 — -0.7% · 2021 — 2.16%.

Full history — 1971 to 2025

All 55 published years for this series, most recent first. Years the source does not publish are omitted rather than interpolated.

Marshall Islands — GDP growth
Yearannual %Change
20252.28%-1.0 pp
20243.3%+8.7 pp
2023-5.39%-4.7 pp
2022-0.7%-2.9 pp
20212.16%+4.9 pp
2020-2.77%-13.2 pp
201910.45%+5.0 pp
20185.49%+1.9 pp
20173.56%+1.1 pp
20162.5%+0.6 pp
20151.89%+3.1 pp
2014-1.26%-5.1 pp
20133.81%+5.1 pp
2012-1.29%-0.8 pp
2011-0.5%-6.0 pp
20105.54%+1.9 pp
20093.67%+11.2 pp
2008-7.57%-11.3 pp
20073.69%+3.5 pp
20060.18%-1.6 pp
20051.79%+2.2 pp
2004-0.41%+1.2 pp
2003-1.56%-5.2 pp
20023.64%-3.3 pp
20016.93%+4.5 pp
20002.45%+3.8 pp
1999-1.33%-0.7 pp
1998-0.67%+5.8 pp
1997-6.45%+3.9 pp
1996-10.3%-18.5 pp
19958.21%+2.3 pp
19945.88%-0.1 pp
19936.01%-1.1 pp
19927.14%+7.1 pp
19910.09%-2.6 pp
19902.68%+4.4 pp
1989-1.69%-9.5 pp
19887.79%-1.6 pp
19879.36%-15.2 pp
198624.54%+30.8 pp
1985-6.26%-10.1 pp
19843.87%-11.6 pp
198315.51%+10.7 pp
19824.83%-1.6 pp
19816.44%+13.6 pp
1980-7.2%-9.3 pp
19792.14%-3.5 pp
19785.62%+3.2 pp
19772.43%+2.1 pp
19760.36%+0.3 pp
19750.06%-15.3 pp
197415.32%-18.6 pp
197333.92%+32.8 pp
19721.08%-1.2 pp
19712.31%—
Reading this correctly. Annual percentage growth rate of GDP at constant market prices. A negative value means the economy contracted that year. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Frequently asked questions

What was Marshall Islands’s GDP growth in 1972?

1.08% (1972). The full year-by-year table above lists every published year, most recent first.

Are changes in this series measured in percentage points?

Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.

Is Marshall Islands’s GDP growth growing or shrinking?

Between 1971 and 2025 the series was shrinking overall: -1.2% in total.

Where does this data come from?

World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.KD.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.

What are the most recent published figures?

The last five published years: 2025: 2.28%; 2024: 3.3%; 2023: -5.39%; 2022: -0.7%; 2021: 2.16%. Earlier years are in the full-history table below.

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Source. World Bank Open Data, indicator NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.
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