Marshall Islands GDP Per Capita (2026)
Latest Update:
September 2026
Source:
IMF
The Marshall Islands has a small Pacific economy supported by public services, fisheries, trade, construction, shipping-related activity, and external financial assistance. GDP per capita provides an important measure of how national economic production compares with population and helps track output per resident. Explore the Marshall Islands’ latest GDP per capita data, historical trends, development patterns, and economic comparisons below.
GDP Per Capita 2026
$9,677
Est. in USD
World Rank
#93
Out of 195 countries
Change vs 2025
+14.5%
+$1,226
Oceania Rank
#5
Out of 14 countries
1. Marshall Islands GDP Per Capita in 2026
The Marshall Islands’ GDP per capita reflects economic production generated for each resident across public services, fisheries, trade, construction, and maritime activities. Adjusting total GDP for population provides a standardized measure that helps compare the country with economies of different sizes. External financial support also contributes significantly to economic activity.
2. Marshall Islands GDP Per Capita Growth (1997–2026)
3. Marshall Islands GDP Per Capita (Historical Data)
| Year | GDP Per Capita (USD) | Annual Change |
|---|---|---|
| 2026 | $9,677 | +14.5% |
| 2025 | $8,451 | +13.7% |
| 2024 | $7,434 | +13.9% |
| 2023 | $6,527 | +4.5% |
| 2022 | $6,247 | +1.4% |
| 2021 | $6,159 | +11.9% |
| 2020 | $5,502 | +4.3% |
| 2019 | $5,275 | +8.7% |
| 2018 | $4,851 | +6.7% |
| 2017 | $4,548 | +9.7% |
| 2016 | $4,144 | +12.6% |
| 2015 | $3,681 | +0.8% |
| 2014 | $3,652 | +1.6% |
| 2013 | $3,596 | +4.6% |
| 2012 | $3,438 | +6.1% |
| 2011 | $3,241 | +6.5% |
| 2010 | $3,043 | +5.2% |
| 2009 | $2,893 | +3.5% |
| 2008 | $2,794 | -3.8% |
| 2007 | $2,905 | +4.5% |
| 2006 | $2,781 | +3.2% |
| 2005 | $2,695 | +2.3% |
| 2004 | $2,634 | +0.3% |
| 2003 | $2,625 | -1.2% |
| 2002 | $2,657 | +9.5% |
| 2001 | $2,427 | +8.0% |
| 2000 | $2,247 | +0.7% |
| 1999 | $2,231 | -0.4% |
| 1998 | $2,241 | +0.5% |
| 1997 | $2,230 | — |
4. Marshall Islands GDP Per Capita Growth
1-Year Change
+14.5%
(2025 to 2026)
5-Year Change
+57.1%
(2021 to 2026)
10-Year Change
+133.5%
(2016 to 2026)
20-Year Change
+248.0%
(2006 to 2026)
The Marshall Islands’ GDP per capita can be influenced by public spending, fisheries revenues, inflation, external assistance, population changes, and climate-related challenges. Geographic isolation and high transport costs can affect economic performance. Historical data helps show how output per resident has evolved through different periods of growth and adjustment.
5. Marshall Islands GDP Per Capita vs Oceania and World
Marshall Islands
$9,677
Oceania Average
$19,336
World Average
$25,179
$0
$12,590
$25,179
USD
Marshall Islands’s GDP per capita is approximately
50.0%
below the
Oceania average
and
61.6%
below the world average.
6. Marshall Islands GDP Per Capita Ranking in Oceania
| Rank | Country | GDP Per Capita (USD) |
|---|---|---|
| #2 | New Zealand | $52,023 |
| #3 | Palau | $21,571 |
| #4 | Nauru | $16,053 |
| #5 | Marshall Islands | $9,677 |
| #6 | Tonga | $7,238 |
| #7 | Fiji | $6,802 |
| #8 | Tuvalu | $6,581 |
7. GDP vs GDP Per Capita in Marshall Islands
Marshall Islands GDP (Nominal)
$342.0 Million
(2026)
Marshall Islands GDP Per Capita
$9,677
(2026)
The Marshall Islands’ total GDP measures the full scale of economic activity generated nationwide, while GDP per capita divides that output by population. Total GDP shows overall economic size, whereas GDP per capita provides a population-adjusted measure of production per resident. Considering both indicators together offers a broader view of economic development.
Explore more:
Marshall Islands GDP
→
8. Marshall Islands GDP Per Capita Forecast
| Year | GDP Per Capita (USD) | Change |
|---|---|---|
| 2027 | $10,664 | +10.2% |
| 2028 | $11,355 | +6.5% |
| 2029 | $12,014 | +5.8% |
| 2030 | $12,624 | +5.1% |
Marshall Islands GDP per capita is projected to reach $12,624 by 2030, representing a 30.5% increase from the 2026 level.
9. Marshall Islands GDP Per Capita: Key Findings
✓
Marshall Islands GDP per capita is estimated at $9,677 in 2026.
✓
It ranks #93 globally and #5 in Oceania.
✓
GDP per capita increased by 14.5% compared with 2025.
✓
Over the last 5 years, GDP per capita grew by 57.1%.
✓
Over the last 10 years, GDP per capita grew by 133.5%.
✓
It is approximately 50.0% below the Oceania average.
✓
It is approximately 61.6% below the world average.
✓
The forecast reaches $12,624 by 2030, 30.5% above the 2026 level.
10. What Is GDP Per Capita?
GDP per capita is the total economic output of a country divided by its population.
GDP Per Capita
=
GDP
÷
Population
It helps measure the average economic output per person and is widely used to compare economic performance across countries. Higher values generally indicate greater economic output per resident.
11. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Sources:
World Bank,
United Nations
Population Source:
UN Population Division
Currency:
Current USD (Nominal)
Update Frequency:
Annually
Last Updated:
September 2026
12. Marshall Islands GDP Per Capita FAQs
Marshall Islands GDP per capita is estimated at $9,677 in 2026.
Marshall Islands ranks #93 globally and #5 in Oceania by GDP per capita.
Yes. GDP per capita increased by approximately 14.5% compared with 2025.
Marshall Islands GDP per capita was approximately $3,681 in 2015.
Marshall Islands GDP per capita is approximately 50.0% below the Oceania average.
13. Related Country GDP Data
14. Explore GDP Per Capita
i
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.