Marshall Islands: GDP, PPP (current international $)

Key figures

What the numbers say

In 2025, Marshall Islands' GDP, PPP (current international $) rose 5.1% on 2024 (from 309.32 million to 325.24 million).

Across the 30 yearly changes before that (1995 to 2024), the average change was +3.2% and a typical year strayed about 4.7% from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 12.3% in 2019 and the biggest yearly fall was 8.7% in 1996. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about 12.55 million a year. A straight line explains 96% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

A straight-line projection, tested first

Extending that straight line gives about 361.9 million for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was 4.26 million, against 14.85 million for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2025, Marshall Islands had the 184th highest value of the 185 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Marshall Islands in the 2025 ranking

• Kiribati — 180th of 185: 537.3 million
• Micronesia, Fed. Sts. — 181st of 185: 523.44 million
• Palau — 182nd of 185: 407.16 million
• Naoero — 184th of 185: 170.76 million
• Tuvalu — 185th of 185: 64.16 million

What this measures

This indicator provides values for gross domestic product (GDP) expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator.

All 36 values

GDP, PPP (current international $) in nearby economies

• Australia — 1.99 trillion (2025)
• Brunei Darussalam — 43.1 billion (2025)
• Cambodia — 152.47 billion (2025)
• China — 41.26 trillion (2025)
• Fiji — 15.25 billion (2025)
• Hong Kong SAR, China — 603.08 billion (2025)
• Indonesia — 5.05 trillion (2025)
• Japan — 6.84 trillion (2025)
• Kiribati — 537.3 million (2025)
• Korea, Rep. — 3.26 trillion (2025)
• Lao PDR

More economic policy & debt data for Marshall Islands

• GDP (current US$) — US$308 million (2025)
• GDP (current LCU) — 308 million (2025)
• GDP (constant 2015 US$) — US$224 million (2025)
• GDP (constant LCU) — 224 million (2025)
• GDP per capita (current US$) — US$8,489 (2025)
• GDP per capita (current LCU) — 8,489 (2025)
• GDP per capita (constant 2015 US$) — US$6,174 (2025)
• GDP per capita (constant LCU) — 6,174 (2025)
• GNI (current US$) — US$364 million (2025)
• GNI (current LCU) — 364 million (2025)
• GNI per capita (current LCU)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Marshall Islands's GDP, PPP (current international $)?

325.24 million in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1990?

Source

World Bank, World Development Indicators, indicator NY.GDP.MKTP.PP.CD, licensed CC BY 4.0. Original source: International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, note: This information is for ICP’s PPPs utilized in WDI, publisher: International Comparison Program (ICP), date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Progr… Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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