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Economy of the Marshall Islands

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Overview Economy Population Trade Government Finance Society Environment

GDP Composition by Industry

20.3% 7.4% 13.3% 9.5% 44.4%
  • Agriculture, forestry & fishing: 20.3%
  • Mining, manufacturing & utilities: 7.4%
  • Construction: 5.1%
  • Trade, restaurants & hotels: 13.3%
  • Transport & communication: 9.5%
  • Finance, real estate & other services: 44.4%
Show table
Agriculture, forestry & fishing
20.3%
Mining, manufacturing & utilities
7.4%
Construction
5.1%
Trade, restaurants & hotels
13.3%
Transport & communication
9.5%
Finance, real estate & other services
44.4%

Share of total gross value added by industry.
Source: UN National Accounts, 2024.

GDP

GDP (USD) 342M #188 / 190 2026
GDP (Local currency - USD) 342M - 2026
Real GDP (Local currency - USD) 232M - 2026
PPP GDP (Int$) 301M #189 / 191 2026
GNI (USD) 334M #206 / 210 2024

GDP per Capita

GDP per Capita (USD) 9,677 #95 / 190 2026
GDP per Capita (Local currency - USD) 9,677 - 2026
Real GDP per Capita (Local currency - USD) 6,570 - 2026
PPP GDP per Capita (Int$) 8,504 #143 / 191 2026
GNI per Capita (USD) 8,882 #101 / 210 2024

Economic Growth

GDP Growth 3.7% #64 / 191 2026

Prices and Inflation

Inflation Rate 7.4% #30 / 191 2026

Labor Market

Unemployment Rate No data - -

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