Marshall Islands GDP Growth Rate 1982-2020

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • Marshall Islands gdp growth rate for 2018 was 3.62%, a 0.43% decline from 2017.
  • Marshall Islands gdp growth rate for 2017 was 4.06%, a 2.75% increase from 2016.
  • Marshall Islands gdp growth rate for 2016 was 1.31%, a 0.28% decline from 2015.
  • Marshall Islands gdp growth rate for 2015 was 1.59%, a 2.53% increase from 2014.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Libya 15.13%
Dominican Republic 6.98%
Maldives 6.89%
China 6.75%
Turkmenistan 6.20%
Nauru 6.10%
Armenia 5.20%
Montenegro 5.08%
Malaysia 4.74%
Botswana 4.48%
Romania 4.44%
Serbia 4.39%
Thailand 4.15%
Grenada 4.14%
Kazakhstan 4.10%
Guyana 4.10%
Albania 4.07%
Peru 3.98%
Mauritius 3.76%
Bosnia 3.72%
Marshall Islands 3.62%
Fiji 3.53%
Paraguay 3.35%
Guatemala 3.21%
Belarus 3.15%
Bulgaria 3.08%
Turkey 2.83%
North Macedonia 2.72%
Costa Rica 2.66%
St. Lucia 2.64%
Suriname 2.62%
Russia 2.54%
Colombia 2.52%
Tuvalu 2.50%
Dominica 2.26%
Cuba 2.25%
American Samoa 2.18%
St. Vincent and the Grenadines 2.16%
Mexico 2.14%
Belize 2.09%
Jamaica 1.94%
Jordan 1.94%
Azerbaijan 1.50%
Algeria 1.40%
Brazil 1.32%
Ecuador 1.29%
Gabon 0.84%
South Africa 0.79%
Namibia 0.70%
Tonga 0.30%
Iraq -0.56%
Lebanon -1.93%
Samoa -2.17%
Equatorial Guinea -6.36%
Marshall Islands GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2018 3.62% -0.43%
2017 4.06% 2.75%
2016 1.31% -0.28%
2015 1.59% 2.53%
2014 -0.94% -4.66%
2013 3.72% 6.09%
2012 -2.37% -1.61%
2011 -0.76% -8.31%
2010 7.56% 6.11%
2009 1.44% 8.20%
2008 -6.75% -9.52%
2007 2.77% 2.10%
2006 0.67% -1.62%
2005 2.28% 1.34%
2004 0.95% 2.57%
2003 -1.62% -5.36%
2002 3.74% -3.08%
2001 6.83% 5.47%
2000 1.35% 2.61%
1999 -1.26% -0.44%
1998 -0.82% 5.63%
1997 -6.45% 3.86%
1996 -10.30% -18.52%
1995 8.21% 2.34%
1994 5.88% -0.13%
1993 6.01% -1.13%
1992 7.14% 7.05%
1991 0.09% -2.59%
1990 2.68% 4.37%
1989 -1.69% -9.48%
1988 7.79% -1.57%
1987 9.36% -15.18%
1986 24.54% 30.80%
1985 -6.26% -10.12%
1984 3.87% -11.64%
1983 15.51% 10.68%
1982 4.83% 10.68%