In 2022, GDP (LCU) for Marshall Islands was 258 million LCU. Between 2003 and 2022, GDP (LCU) of Marshall Islands grew substantially from 131 million to 258 million LCU rising at an increasing annual rate that reached a maximum of 9.68% in 2016 and then decreased to 0.38% in 2022.
The description is composed by our digital data assistant.GDP at purchaser's prices 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. Data are in current local currency.
| Date | Value | Change, % |
|---|---|---|
| 2022 | 258,774,475 | 0.38% |
| 2021 | 257,784,882 | 7.08% |
| 2020 | 240,751,144 | 3.77% |
| 2019 | 231,996,704 | 5.73% |
| 2018 | 219,430,038 | 3.16% |
| 2017 | 212,701,200 | 5.97% |
| 2016 | 200,716,000 | 9.68% |
| 2015 | 182,997,300 | -1.17% |
| 2014 | 185,172,900 | -0.16% |
| 2013 | 185,468,000 | 3.12% |
| 2012 | 179,855,800 | 4.83% |
| 2011 | 171,567,100 |