Marshall Islands: economy

What is the GDP of the Marshall Islands?

The Marshall Islands' GDP was USD 278.9 million at current prices in 2024, a preliminary figure, according to the Pacific Community's national accounts data on the Pacific Data Hub. The same series puts GDP per person at USD 6,509 in 2022.

The IMF's 2025 Article IV press release estimates real growth of about 3% in fiscal year 2024, after two years of contraction, and projects 2.5% in FY2025 and 4.1% in FY2026. The fiscal year runs from October to September. The IMF expects medium-term growth to slow because of structural challenges and continued labour emigration. Grants, mostly under the Compact of Free Association with the United States, are projected at 36.8% of GDP in FY2025.

Official sources: Pacific Data Hub: Marshall Islands GDP, current prices (CSV) · IMF: Republic of the Marshall Islands, 2025 Article IV consultation (press release)

How big is the Marshall Islands Compact Trust Fund?

The Compact Trust Fund is projected to hold USD 1,315.6 million at the end of fiscal year 2025 and USD 1,566.1 million at the end of FY2026, according to the IMF's 2025 Article IV press release for the Marshall Islands.

The trust fund was set up under the Compact of Free Association with the United States, and its earnings are meant to replace direct US grants over time. The IMF table lists grants at 36.8% of GDP in FY2025 and 48.2% in FY2026. The press release also notes delays in Compact grant disbursements. The figures are IMF estimates and projections, not audited balances.

Official sources: IMF: Republic of the Marshall Islands, 2025 Article IV consultation (press release)

How fast is the Marshall Islands' economy growing?

According to the World Bank, real GDP growth in the Marshall Islands was 2.3% in 2025. The peak was 10.5% in 2019 and the low -7.6% in 2008. East Asia & Pacific median: 3.6%; the Marshall Islands is 20th highest of 29. Of 180 countries with 2025 data, 122nd highest.

How rich is the Marshall Islands per person?

The latest figure from the World Bank, for 2025, is $8,489. No year since 2005 has been higher. Across East Asia & Pacific the middle value was $6,547, and the Marshall Islands placed 11th highest of 29. World rank, highest first: 85th of 180.

What is the Marshall Islands' GDP per capita at PPP?

The World Bank puts GDP per person at purchasing power parity in the Marshall Islands at $8,964 in international dollars in 2025. It is the top of the series, which starts in 2005. Across East Asia & Pacific the middle value was $14,200 in international dollars, and the Marshall Islands placed 19th highest of 29. Of 179 countries with 2025 data, 128th highest.

How big are the Marshall Islands' exports?

The World Bank puts exports of goods and services in the Marshall Islands at 36.0% of GDP in 2025. Its high point since 2005 was 2012, at 54.8% of GDP; its low point was 2006, at 25.2% of GDP. Across East Asia & Pacific the middle value was 53.8% of GDP, and the Marshall Islands placed 10th highest of 16. Of 133 countries with 2025 data, 66th highest.

Does the Marshall Islands earn more abroad than it spends?

The IMF puts the current account balance in the Marshall Islands at 21.9% of GDP in 2024. Its high point since 2005 was 2020, at 37.3% of GDP; its low point was 2009, at -17.5% of GDP. It is 1st highest of 24 in East Asia & Pacific, where the median is 1.8% of GDP. Of 162 countries with 2024 data, 2nd highest.

How much foreign investment does the Marshall Islands receive?

1.0% of GDP: that is net inflows of foreign direct investment in the Marshall Islands for 2025, according to the IMF. Since 2005 it has ranged from -5.8% of GDP (2010) to 17.5% of GDP (2013). Across East Asia & Pacific the middle value was 1.9% of GDP, and the Marshall Islands placed 20th highest of 28. Worldwide: 124th of 179.