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Marshall Islands

MHL Β· East Asia and Pacific / East Asia and Pacific (excluding high income)

Marshall Islands: GDP 8.2K intl$ per capita, population 37.5K. Compare economy, demographics and cost of living with other countries.

Location

Key Facts

Region
East Asia & Pacific
East Asia & Pacific (excluding high income)
Population
37.5K
2024
View all demographics β†’

Geography and Government

Area
181 kmΒ²
Capital
Majuro
ISO 2
MH
ISO 3
MHL
Calling code
+692
Internet TLD
.mh
Government type
mixed presidential-parliamentary system in free association with the US

Age Structure

0-14 years 30.0%
15-64 years 64.3%
65+ years 5.7%

Languages

Language Type Share Speakers
English (ENG) Official - -
Marshallese (MAH) Official - -

Religions

Religion Type Share Adherents
Protestant Major 79.3% -
Roman Catholic Minor 9.3% -
Church Of Jesus Christ Minor 5.7% -
Other Minor 3.3% -
Jehovah's Witness Minor 1.3% -
None Minor 1.1% -

Population & Demographics

Basic Demographics

Population, total
37.5K
2024
Population growth (annual %)
-3.35%
2024
Population density (people per sq. km of land area)
215.7 per kmΒ²
2023
Urban population (% of total population)
78.7%
2024

Health Indicators

Life expectancy at birth, total (years)
67.1 years
2024
Birth rate, crude (per 1,000 people)
20.09 per 1,000
2024
Death rate, crude (per 1,000 people)
7.13 per 1,000
2024
Fertility rate, total (births per woman)
2.86 children
2024
Mortality rate, infant (per 1,000 live births)
22.7 per 1,000
2024

Education

Educational attainment, at least completed short-cycle tertiary, population 25+, total (%) (cumulative)
0.2%
2021
Literacy rate, adult total (% of people ages 15 and above)
95.8%
2021

Economy Snapshot

Key Economic Indicators

GDP per capita (current US$)
$7.7K
2024
GNI per capita (current US$)
$8.5K
2024

Macroeconomic Indicators

GDP (current US$)
$290.11M
2024
GDP growth (annual %)
2.5%
2024
GDP per capita, PPP (current international $)
8.2K intl$
2024
Central government debt, total (% of GDP)
41.6%
2019

Trade & External Sector

Trade (% of GDP)
123.8%
2024
Exports of goods and services (% of GDP)
42.1%
2024
Imports of goods and services (% of GDP)
81.7%
2024

Other Indicators

International tourism, number of arrivals
6.1K
2019
Tax revenue (% of GDP)
17.2%
2020
Foreign direct investment, net inflows (% of GDP)
4.6%
2024

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Frequently Asked Questions

What is the average income in Marshall Islands?

According to our data, the average income in Marshall Islands is approximately $8,500 (GNI per capita) as of 2024. This figure represents Gross National Income per capita and provides insight into the economic prosperity and living standards in the country.

How does Marshall Islands compare to other countries in East Asia and Pacific?

Marshall Islands is located in East Asia and Pacific and can be compared with other countries in the region across various economic and demographic indicators including inflation rates, unemployment, average income, cost of living, population statistics, and life expectancy. Explore our comprehensive inflation comparison, unemployment rankings, cost of living data, population statistics, and life expectancy data to see how Marshall Islands compares to neighboring and regional countries.

Marshall Islands is located in East Asia and Pacific, East Asia and Pacific (excluding high income). Explore detailed statistics on economy, population, demographics, inflation, unemployment, and cost of living, with up-to-date data from the World Bank, IMF, UN, and other authoritative sources.

Our comprehensive database provides real-time insights into Marshall Islands's economic performance and demographic trends, allowing you to compare with other countries and understand global patterns. Access current economic indicators, population statistics, historical data, and comparative analysis to gain a deeper understanding of Marshall Islands's economic and demographic landscape. For detailed economic data, visit our economy page, and for demographic information, explore our population statistics section.

Sources and References

Data sources: World Bank, IMF, UN Data, Transparency International.

All data is compiled from publicly available sources and updated regularly. Economic indicators may vary based on reporting methodologies and data availability periods.

Codes and Abbreviations

ISO 2
MH
ISO 3
MHL
IOC code
MHL
Vehicle code
MH
Latitude
7.11
Longitude
171.14

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