Marshall Islands Economic Statistics and Indicators

21, May 2018, EDT. Welcome to the Marshall Islands economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Marshall Islands › Change country
National or Regional Currency: US Dollar, US$
Year of data: 2015 › Change year
Number of Indicators Listed: 27
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 70,983 (July 2014 est.)
Area: total: 181 sq km ; land: 181 sq km ; water: 0 sq km ; note: the archipelago includes 11,673 sq km of lagoon waters and encompasses the atolls of Bikini, Enewetak, Kwajalein, Majuro, Rongelap, and Utirik
Natural Resources: coconut products, marine products, deep seabed minerals
Capital: name: Majuro ; geographic coordinates: 7 06 N, 171 23 E ; time difference: UTC+12 (17 hours ahead of Washington, DC, during Standard Time)

US assistance and lease payments for the use of Kwajalein Atoll as a US military base are the mainstay of this small island country. The Marshall Islands received roughly $1 billion in aid from the US during 1986-2001 under the original Compact of Free Association (Compact). In 2002 and 2003, the US and the Marshall Islands renegotiated the Compact's financial package for a 20-year period, from 2004 to 2024. Under the amended Compact, the Marshall Islands will receive roughly $1.5 billion in direct US assistance. Agricultural production, primarily subsistence, is concentrated on small farms; the most important commercial crops are coconuts and breadfruit. Industry is limited to handicrafts, tuna processing, and copra. Tourism holds some potential. The islands and atolls have few natural resources, and imports exceed exports. Under the amended Compact, the US is also funding, jointly with the Marshall Islands, a Trust Fund for the people of the Marshall Islands that will provide an income stream beyond 2024 when direct Compact aid is to end.

Economic Indicator Listing
  For Marshall Islands in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 1.554 %
GDP (Current Prices, National Currency)US$ 0.183 Billion.
GDP (Current Prices, US Dollars)US$ 0.183 Billion
GDP Deflator 115.4 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)US$ 2,907.75 .
GDP Per Capita (Current Prices, National Currency)US$ 3,355.55 .
GDP Per Capita (Current Prices, US Dollars)US$ 3,355.55
GDP (PPP), US DollarsUS$ 0.175 Billion
GDP Per Capita (PPP), US DollarsUS$ 3,211.39
GDP Share of World Total (PPP) -- %
Implied PPP Conversion Rate 1.045
Inflation, Average Consumer Prices (Indexed to Year 2000) 146.012 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) -4.017 %
Inflation, End of Year (Indexed to Year 2000) 152.993 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) -4.017 %
Export Volume of All Items Including Goods and Services (Percent Change) 11.549 %
Population 0.055 Million
General government revenue (National Currency)US$ 0.096 Billions.
General government revenue (% of GDP) 52.264 %
General government total expenditure (National Currency)US$ 0.095 Billions.
General government total expenditure (% of GDP) 51.894 %
Total Government Net Lending/ Borrowing (National Currency)US$ 0.001 Billions.
Total Government Net Lending/ Borrowing (% of GDP) 0.37 %
Fiscal Year Gross Domestic Product, Current PricesUS$ 0.183 Billions.
Current Account Balance (US Dollars)US$ -0.001 Billion
Current Account Balance (% GDP) -0.802 %
Economic Indicators for Marshall Islands 2015

GDP (Constant Prices, National Currency) for Marshall Islands in year 2015 is US$ 0.159 Billion.

GDP Growth (Constant Prices, National Currency) for Marshall Islands in year 2015 is 1.554 %.

GDP (Current Prices, National Currency) for Marshall Islands in year 2015 is US$ 0.183 Billion.

GDP (Current Prices, US Dollars) for Marshall Islands in year 2015 is US$ 0.183 Billion.

GDP Deflator for Marshall Islands in year 2015 is 115.4 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Marshall Islands in year 2015 is US$ 2,907.75 .

GDP Per Capita (Current Prices, National Currency) for Marshall Islands in year 2015 is US$ 3,355.55 .

GDP Per Capita (Current Prices, US Dollars) for Marshall Islands in year 2015 is US$ 3,355.55 .

GDP (PPP), US Dollars for Marshall Islands in year 2015 is US$ 0.175 Billion.

GDP Per Capita (PPP), US Dollars for Marshall Islands in year 2015 is US$ 3,211.39 .

GDP Share of World Total (PPP) for Marshall Islands in year 2015 is -- %.

Implied PPP Conversion Rate for Marshall Islands in year 2015 is 1.045 .

Inflation, Average Consumer Prices (Indexed to Year 2000) for Marshall Islands in year 2015 is 146.012 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Marshall Islands in year 2015 is -4.017 %.

Inflation, End of Year (Indexed to Year 2000) for Marshall Islands in year 2015 is 152.993 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Marshall Islands in year 2015 is -4.017 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Marshall Islands in year 2015 is 11.549 %.

Population for Marshall Islands in year 2015 is 0.055 Million .

General government revenue (National Currency) for Marshall Islands in year 2015 is US$ 0.096 Billions.

General government revenue (% of GDP) for Marshall Islands in year 2015 is 52.264 %.

General government total expenditure (National Currency) for Marshall Islands in year 2015 is US$ 0.095 Billions.

General government total expenditure (% of GDP) for Marshall Islands in year 2015 is 51.894 %.

Total Government Net Lending/ Borrowing (National Currency) for Marshall Islands in year 2015 is US$ 0.001 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Marshall Islands in year 2015 is 0.37 %.

Fiscal Year Gross Domestic Product, Current Prices for Marshall Islands in year 2015 is US$ 0.183 Billions.

Current Account Balance (US Dollars) for Marshall Islands in year 2015 is US$ -0.001 Billion.

Current Account Balance (% GDP) for Marshall Islands in year 2015 is -0.802 %.

* Source: IMF
Aggregate Indicators for Marshall Islands
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Marshall Islands
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Marshall Islands
  Natural Resources, Agricultural Products, Land Use and Water Use for Marshall Islands
  Nationality, Ethnic Groups, Languages and Religions for Marshall Islands
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Marshall Islands
  Age Structure, Median Age, Gender and Urbanization for Marshall Islands
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Marshall Islands
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Marshall Islands
  HIV, AIDS and Other Major Infectious Disease Rates for Marshall Islands
  Literacy Rate, Educational Expenditure and School Life Expectancy for Marshall Islands
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Marshall Islands
  Industries and Industrial Growth Production Rate for Marshall Islands
  Labor Force by Occupation for Marshall Islands
  Poverty Line, Gini Index, Household Income and Consumption for Marshall Islands
  National Budget and Public Debt for Marshall Islands
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Marshall Islands
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Marshall Islands
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Marshall Islands
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Marshall Islands
  Foreign Exchange Reserves and Gold Reserves for Marshall Islands
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Marshall Islands
  Exchange Rate Statistics for Marshall Islands
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Marshall Islands
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Marshall Islands
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Marshall Islands
  Television and Radio Statistics (TV Stats, Radio Stats) for Marshall Islands
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Marshall Islands
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Marshall Islands
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Marshall Islands
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Marshall Islands
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Marshall Islands
* Source: CIA
Internet Indicators for Marshall Islands
Indicators
  Number of Internet Users for Marshall Islands
  Internet Penetration Rate for Marshall Islands
  Number of Facebook Accounts for Marshall Islands
  Facebook Penetration Rate for Marshall Islands
* Source: IWS
Marshall Islands Economic Indicators in other Years
  Marshall Islands Economic Indicators for Year 2021 (Forecast)
  Marshall Islands Economic Indicators for Year 2020 (Forecast)
  Marshall Islands Economic Indicators for Year 2019 (Forecast)
  Marshall Islands Economic Indicators for Year 2018 (Forecast)
  Marshall Islands Economic Indicators for Year 2017 (Forecast)
  Marshall Islands Economic Indicators for Year 2016 (Forecast)
Marshall Islands Economic Indicators for Year 2015 (Current)
  Marshall Islands Economic Indicators for Year 2014
  Marshall Islands Economic Indicators for Year 2013
  Marshall Islands Economic Indicators for Year 2012
  Marshall Islands Economic Indicators for Year 2011
  Marshall Islands Economic Indicators for Year 2010
  Marshall Islands Economic Indicators for Year 2009
  Marshall Islands Economic Indicators for Year 2008
  Marshall Islands Economic Indicators for Year 2007
  Marshall Islands Economic Indicators for Year 2006
  Marshall Islands Economic Indicators for Year 2005
  Marshall Islands Economic Indicators for Year 2004
  Marshall Islands Economic Indicators for Year 2003
  Marshall Islands Economic Indicators for Year 2002
  Marshall Islands Economic Indicators for Year 2001
  Marshall Islands Economic Indicators for Year 2000
  Marshall Islands Economic Indicators for Year 1999
  Marshall Islands Economic Indicators for Year 1998
  Marshall Islands Economic Indicators for Year 1997
  Marshall Islands Economic Indicators for Year 1996
  Marshall Islands Economic Indicators for Year 1995
  Marshall Islands Economic Indicators for Year 1994
  Marshall Islands Economic Indicators for Year 1993
  Marshall Islands Economic Indicators for Year 1992
  Marshall Islands Economic Indicators for Year 1991
  Marshall Islands Economic Indicators for Year 1990
  Marshall Islands Economic Indicators for Year 1989
  Marshall Islands Economic Indicators for Year 1988
  Marshall Islands Economic Indicators for Year 1987
  Marshall Islands Economic Indicators for Year 1986
  Marshall Islands Economic Indicators for Year 1985
  Marshall Islands Economic Indicators for Year 1984
  Marshall Islands Economic Indicators for Year 1983
  Marshall Islands Economic Indicators for Year 1982
  Marshall Islands Economic Indicators for Year 1981
  Marshall Islands Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International