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MH

Marshall Islands

MH Β· MHL Β· #188 Β· 4 cities

Nomad score 34/100 Compare

Key indicators

GDP per capita (PPP) (2025)
$8,964
GDP (2025)
$308.0M
GDP growth (2025)
2.5% ↓
Inflation (2025)
5.5% ↑
Population (2025)
36.0K
Population growth (2025)
-3.4% ↓
Gini index (2019)
35.5
Government debt (2025)
11.8% of GDP
Current account (2025)
9.1% of GDP
FDI inflows (2024)
$13.4M
Life expectancy (2024)
67.1 yrs
Health spending (2023)
13.4% of GDP
Internet users (2024)
65.9%
Mobile subscriptions (2022)
39.7/100
Trade openness (2025)
115.9% of GDP
Exchange rate (2025)
1.00/USD
Source: World Bank + IMF World Economic Outlook. Most recent observed data: 2025.

GDP overview

Nominal GDP and real growth. Dashed = IMF forecast.

GDP per capita (PPP)

Purchasing power parity adjusted, in international dollars

Inflation (CPI)

Unemployment

Unemployment data not available.

ILO modeled estimate

Population

Fiscal and trade

Government debt (2025)
11.8% of GDP
Current account (2025)
9.1% of GDP
FDI inflows (2024)
$13.4M

Income inequality (Gini)

Gini index (2019)
0.35
Assessment
Moderate inequality
Source: World Bank PIP via OWID. 0 = perfect equality, 1 = maximum inequality.

Business environment

New business density (2022)
0.20/1k
Tax revenue (2020)
17.2% of GDP
Services sector (2024)
68.2% of GDP

Financial access and costs

ATMs per 100k (2024)
12.2
Bank branches per 100k (2024)
32.5
ICT service exports (2024)
1.5%
Goods and services tax (2020)
7.2%

Historical data

Historical economic data
Year GDP GDP/cap PPP Growth Inflation Unemp. Population Gini Debt Curr. acct FDI Life exp. Health Internet FX rate
2031 * $433.0M $14,336 1.6% 2.4% No data for this year 33.0K No data for this year 16.6% -3.5% No data for this year No data for this year No data for this year No data for this year No data for this year
2030 * $416.0M $13,774 1.6% 2.4% No data for this year 33.0K No data for this year 13.4% 2.3% No data for this year No data for this year No data for this year No data for this year No data for this year
2029 * $400.0M $13,244 1.8% 2.4% No data for this year 33.0K No data for this year 13.9% 3.5% No data for this year No data for this year No data for this year No data for this year No data for this year
2028 * $384.0M $12,340 1.9% 2.4% No data for this year 34.0K No data for this year 14.6% 4.5% No data for this year No data for this year No data for this year No data for this year No data for this year
2027 * $368.0M $11,826 2.0% 5.5% No data for this year 34.0K No data for this year 15.3% 6.2% No data for this year No data for this year No data for this year No data for this year No data for this year
2026 * $342.0M $10,676 3.7% 7.4% No data for this year 35.0K No data for this year 16.7% 2.4% No data for this year No data for this year No data for this year No data for this year No data for this year
2025 $308.0M $8,964 2.5% 5.5% No data for this year 36.0K No data for this year 11.8% 9.1% No data for this year No data for this year No data for this year No data for this year 1.00
2024 $285.0M $8,238 3.0% 5.2% No data for this year 38.0K No data for this year 14.2% 15.7% $13.4M 67.1 No data for this year 65.9% 1.00
2023 $264.0M $7,525 -5.3% 7.4% No data for this year 40.0K No data for this year 18.2% 15.8% $9.1M 67.0 13.4% 64.1% 1.00
2022 $259.0M $7,431 -0.7% 2.8% No data for this year 41.0K No data for this year 19.6% 6.8% -$7.8M 66.7 13.6% 64.3% 1.00
2021 $261.0M $6,769 2.1% 2.2% No data for this year 42.0K No data for this year 19.9% 27.4% $499,428 65.4 12.5% 64.0% 1.00
2020 $242.0M $6,138 -2.8% -0.7% No data for this year 44.0K No data for this year 21.7% 22.7% $3.0M 65.4 12.1% 56.4% 1.00
2019 $233.0M $6,045 10.5% -0.1% No data for this year 44.0K 35.5 25.1% -23.5% $5.2M 66.1 15.0% 49.8% 1.00
2018 $220.0M $5,232 5.5% 0.8% No data for this year 45.0K No data for this year 24.7% 5.4% $9.8M 65.9 14.5% 43.9% 1.00
2017 $214.0M $4,719 3.6% 0.1% No data for this year 47.0K No data for this year 26.5% 5.8% $5.8M 65.7 12.0% 38.7% 1.00
2016 $202.0M $4,366 2.5% -1.5% No data for this year 49.0K No data for this year 29.2% 16.2% -$3.1M 65.5 14.6% 29.8% 1.00
2015 $184.0M $4,125 1.9% -2.2% No data for this year 50.0K No data for this year 33.9% 17.2% -$5.4M 65.3 14.8% 19.3% 1.00
2014 $186.0M $3,931 -1.3% 1.1% No data for this year 51.0K No data for this year 34.9% 4.8% $9.0M 65.1 12.0% 16.8% 1.00
2013 $186.0M $3,845 3.8% 1.9% No data for this year 52.0K No data for this year 33.4% -4.4% $32.5M 65.0 12.1% 14.0% 1.00
2012 $181.0M $3,590 -1.3% 4.3% No data for this year 53.0K No data for this year 37.6% -0.1% $21.4M 64.8 11.7% 12.5% 1.00
2011 $172.0M $3,537 -0.5% 5.4% No data for this year 53.0K No data for this year 35.9% 3.1% -$4.4M 64.6 11.4% 10.0% 1.00
2010 $161.0M $3,473 5.6% 1.8% No data for this year 53.0K No data for this year 38.8% -14.7% -$9.4M 64.5 17.7% 7.0% 1.00
2009 $151.0M $3,253 3.7% 0.5% No data for this year 52.0K No data for this year 41.2% -8.9% $14.6M 64.4 18.7% 5.6% 1.00
2008 $147.0M $3,118 -7.6% 14.7% No data for this year 52.0K No data for this year 44.1% 3.8% $5.7M 64.3 19.0% 4.6% 1.00
2007 $150.0M $3,309 3.7% 2.6% No data for this year 52.0K No data for this year 42.2% 4.7% $7.0M 64.3 16.8% 4.0% 1.00
2006 $143.0M $3,110 0.2% 5.3% No data for this year 51.0K No data for this year 44.4% -0.4% $1.9M 64.2 22.3% 3.8% 1.00
2005 $138.0M $3,017 1.8% 3.5% No data for this year 51.0K No data for this year 45.8% 8.6% $3.3M 64.1 18.5% 3.9% 1.00
Source: World Bank + IMF World Economic Outlook. * = IMF forecast.

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