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CompareEconomy.com Comparison of world economies

Marshall Islands

World Rank 175 0.28 Marshall Islands flag svg
Capital
Area
Currency
Majuro
181 km 2
United States dollar (USD)

Table of Contents

Introduction

The Republic of the Marshall Islands is an island country with the capital and the largest city of Majuro. It is located near the equator and is a formal, minor partner with the United States.

In spite of the land coverage of 181 square kilometers, approximately half of its population (30,000 according to the data in 2020) live in its capital. As far as the GDP (PPP) is concerned, it is only $215 million. As a result of such a poor economy, it has the GDP per capita at around $3,790.

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

  • Last
  • Historical chart
#176 (2021)
259,538,700 US$

List of countries by GDP

(United States of America (USA))

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

International trade (Export, Import)

External balance on goods and services

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  • Historical chart
#64 (2021)
-59,859,680 US$

List of countries by external balance on goods and services

(China)

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

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  • Historical chart
- %

List of countries by unemployment

(South Africa)

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)