Marshall Islands: GNI per capita (constant LCU)

Key figures

What the numbers say

In 2024, Marshall Islands' GNI per capita (constant LCU) rose 483.6 on 2023 (from 6,701 to 7,184).

Across the 26 yearly changes before that (1998 to 2023), the average change was +115.11 and a typical year strayed about 210.22 from that (the standard deviation). This year's change was 1.8 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 724.35 in 2019 and the biggest yearly fall was 257.13 in 2008. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about 231.14 a year. A straight line explains 91% 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 7,840 for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was 217.65, against 571.91 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 2024, Marshall Islands had the 43rd highest value of the 48 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 2024 ranking

• Tonga — 39th of 48: 10,690
• Bahrain — 40th of 48: 9,180
• Kuwait — 41st of 48: 8,904
• Oman — 43rd of 48: 6,878
• Ghana — 44th of 48: 5,436
• Kiribati — 45th of 48: 4,607

What this measures

Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.

All 28 values

GNI per capita (constant LCU) in nearby economies

• Australia — 94,632 (2025)
• Brunei Darussalam — 42,097 (2025)
• Cambodia — 9.14 million (2025)
• Hong Kong SAR, China — 468,333 (2025)
• Indonesia — 45.2 million (2025)
• Japan — 4.91 million (2024)
• Kiribati — 4,607 (2024)
• Korea, Rep. — 44.93 million (2025)
• Lao PDR — 15.88 million (2016)
• Macao SAR, China — 568,237 (2024)
• Malaysia — 46,921 (2025)

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
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Marshall Islands's GNI per capita (constant LCU)?

7,184 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1997?

It is up 93.75% from 3,708 in 1997 (2.48% a year on average, compounded). The highest value was 7,184 in 2024 and the lowest 3,708 in 1997.

Source

World Bank, World Development Indicators, indicator NY.GNP.PCAP.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) 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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