Marshall Islands
- Capital
- Majuro
- Region
- East Asia & Pacific
- Income group
- Upper middle income
- Population
- 36,000 (2025)
At a glance
- The Marshall Islands' economy grew 2.3% in 2025, slower than most economies.
- Output per person in the Marshall Islands was US$8,489 in 2025, close to the middle of the range worldwide.
- The Marshall Islands had 36,000 people in 2025: about less than 0.1% of everyone on Earth, the 212th largest population of 217 countries and territories.
- The Marshall Islands had a current account surplus of 21.9% of GDP in 2024, higher than in most countries.
Economic growth
2025Real GDP, change over the year
Since 2000
Show the numbers
| Year | Marshall Islands | World median |
|---|---|---|
| 2025 | 2.3% | 3.4% |
| 2024 | 3.3% | 3.4% |
| 2023 | −5.4% | 3.2% |
| 2022 | −0.7% | 4.3% |
| 2021 | 2.2% | 5.1% |
| 2020 | −2.8% | −3.8% |
| 2019 | 10.5% | 2.8% |
| 2018 | 5.5% | 3.2% |
| 2017 | 3.6% | 3.3% |
| 2016 | 2.5% | 3.1% |
GDP per person
2025GDP divided by population, in US dollars at current prices
Since 2000
Show the numbers
| Year | Marshall Islands | World median |
|---|---|---|
| 2025 | US$8,489 | US$7,882 |
| 2024 | US$7,590 | US$7,853 |
| 2023 | US$6,799 | US$7,862 |
| 2022 | US$6,456 | US$7,656 |
| 2021 | US$6,315 | US$7,269 |
| 2020 | US$5,662 | US$6,433 |
| 2019 | US$5,292 | US$7,037 |
| 2018 | US$4,858 | US$6,978 |
| 2017 | US$4,593 | US$6,548 |
| 2016 | US$4,230 | US$5,982 |
Population
2025Everyone living in the country, mid-year
Since 2000
Show the numbers
| Year | Marshall Islands |
|---|---|
| 2025 | 36,000 |
| 2024 | 38,000 |
| 2023 | 39,000 |
| 2022 | 40,000 |
| 2021 | 41,000 |
| 2020 | 43,000 |
| 2019 | 44,000 |
| 2018 | 45,000 |
| 2017 | 47,000 |
| 2016 | 48,000 |
Current account balance, % of GDP
Since 2005
Show the numbers
| Year | Marshall Islands | World median |
|---|---|---|
| 2024 | 21.9% | −1.3% |
| 2023 | 15.7% | −1.2% |
| 2022 | 6.8% | −3.0% |
| 2021 | 29.2% | −2.4% |
| 2020 | 37.3% | −1.7% |
| 2019 | 37.0% | −2.1% |
| 2018 | 24.1% | −2.9% |
| 2017 | 6.1% | −2.1% |
| 2016 | −8.0% | −2.8% |
| 2015 | −3.8% | −2.8% |
No recent World Bank figure for the Marshall Islands: inflation, unemployment, government debt.
About these figures
All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show the Marshall Islands since 2000 or since its first figure.
Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.