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Economy of Marshall Islands vs Poland compared: GDP & Debt

Updated on by Georank

The Marshall Islands has a GDP of $308M compared to $1.04T for Poland, ranking 194/197 and 21/197 by economy size, respectively.

The Marshall Islands has $36.3M in government debt (11.8% of GDP), compared to $609B (58.8% of GDP) in Poland.

Marshall Islands vs Poland GDP by year

Marshall Islands
Poland
1x
Year GDP, current $
Marshall Islands Poland
2025 $308,000,000 $1,035,491,784,197
2024 $285,000,000 $917,767,106,147
2023 $264,000,000 $812,451,193,396
2022 $258,723,500 $695,607,470,875
2021 $261,245,500 $689,170,230,665
2020 $241,800,000 $605,914,237,904
2019 $232,900,000 $602,683,770,145
2018 $220,000,000 $594,616,632,477
2017 $213,700,000 $528,356,723,263
2016 $201,800,000 $473,259,623,976
2015 $183,700,000 $480,054,118,583
2014 $186,000,000 $542,134,167,179
2013 $186,400,000 $518,179,836,405
2012 $180,700,000 $498,148,649,703
2011 $172,300,000 $527,848,543,023
2010 $161,100,000 $478,111,630,684
2009 $151,200,000 $440,891,472,247
2008 $146,600,000 $535,612,030,672
2007 $150,500,000 $429,715,132,138
2006 $143,200,000 $345,897,630,736
2005 $138,000,000 $306,999,913,151
2004 $132,900,000 $256,268,656,145
2003 $131,128,500 $218,561,225,998
2002 $131,960,000 $199,694,463,256
2001 $122,406,100 $191,823,200,371
2000 $114,838,500 $172,953,527,033
1999 $113,352,100 $170,704,452,715
1998 $112,070,100 $175,282,269,667
1997 $109,884,700 $159,893,964,917
1996 $110,858,000 $160,813,026,223
1995 $120,230,000 $142,838,527,115
1994 $108,071,000 $110,803,635,288
1993 $99,461,000 $96,043,157,273
1992 $91,063,000 $94,337,050,693
1991 $82,507,000 $85,500,935,935
1990 $78,476,000 $65,977,748,211
1989 $72,798,000 -
1988 $70,688,000 -
1987 $62,983,000 -
1986 $55,989,000 -
1985 $43,879,000 -
1984 $45,144,000 -
1983 $41,749,000 -
1982 $34,918,000 -
1981 $31,020,000 -
1980 $26,710,653 -
1979 $25,545,346 -
1978 $22,209,370 -
1977 $20,210,069 -
1976 $18,153,647 -
1975 $16,691,301 -
1974 $15,217,532 -
1973 $11,607,366 -
1972 $9,973,652 -
1971 $9,116,810 -
1970 $8,408,486 -

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

GeoRank.org/economy/marshall-islands/poland | CC BY

GDP per capita in Marshall Islands vs Poland by year

Marshall Islands
GDP per capita

GDP per capita, PPP
Poland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Marshall Islands Poland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $8,489 - $28,420 -
2024 $7,590 $8,195 $25,104 $51,263
2023 $6,799 $7,549 $22,145 $48,473
2022 $6,456 $7,431 $18,891 $46,778
2021 $6,315 $6,768 $18,636 $41,060
2020 $5,662 $6,137 $16,151 $37,089
2019 $5,292 $6,045 $15,875 $35,882
2018 $4,858 $5,232 $15,658 $32,345
2017 $4,593 $4,719 $13,913 $30,170
2016 $4,230 $4,366 $12,464 $28,360
2015 $3,764 $4,125 $12,638 $26,988
2014 $3,735 $3,931 $14,262 $25,460
2013 $3,678 $3,845 $13,622 $24,434
2012 $3,514 $3,590 $13,087 $23,728
2011 $3,319 $3,537 $13,868 $22,809
2010 $3,095 $3,473 $12,568 $20,991
2009 $2,907 $3,253 $11,556 $19,300
2008 $2,818 $3,118 $14,049 $18,372
2007 $2,892 $3,309 $11,273 $16,833
2006 $2,754 $3,110 $9,069 $15,205
2005 $2,659 $3,017 $8,044 $13,936
2004 $2,566 $2,880 $6,712 $13,413
2003 $2,539 $2,824 $5,721 $12,329
2002 $2,566 $2,825 $5,223 $11,841
2001 $2,394 $2,700 $5,015 $11,175
2000 $2,265 $2,490 $4,521 $10,721
1999 $2,258 $2,400 $4,416 $10,081
1998 $2,254 $2,422 $4,534 $9,521
1997 $2,231 $2,434 $4,137 $8,967
1996 $2,273 $2,583 $4,164 $8,310
1995 $2,491 $2,858 $3,701 $7,715
1994 $2,265 $2,617 $2,875 $7,040
1993 $2,112 $2,452 $2,497 $6,560
1992 $1,963 $2,293 $2,459 $6,193
1991 $1,811 $2,131 $2,236 $5,925
1990 $1,758 $2,102 $1,731 $6,185
1989 $1,670 - - -
1988 $1,670 - - -
1987 $1,543 - - -
1986 $1,425 - - -
1985 $1,162 - - -
1984 $1,245 - - -
1983 $1,199 - - -
1982 $1,046 - - -
1981 $969 - - -
1980 $868 - - -
1979 $859 - - -
1978 $771 - - -
1977 $724 - - -
1976 $672 - - -
1975 $638 - - -
1974 $602 - - -
1973 $472 - - -
1972 $416 - - -
1971 $390 - - -
1970 $373 - - -

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

GeoRank.org/economy/marshall-islands/poland | CC BY

The Marshall Islands' GDP per capita is $8,489, ranking 95/197, compared to $28,420 in Poland, ranking 47/197. Adjusted for purchasing power (GDP per capita PPP), the Marshall Islands ranks 139th at $8,195, while Poland ranks 43rd at $51,263.

Economic indicators

Marshall Islands Poland
Gross domestic product
$308M
2025
$1.04T
2025
GDP rank
194/197
2025
21/197
2025
GDP growth
2.28%
2024-2025
3.57%
2024-2025
GDP per capita
$8,489
2025
$28,420
2025
GDP per capita rank
95/197
2025
47/197
2025
GDP per capita, PPP
$8,195
2024
$51,263
2024
GDP per capita PPP rank
139/197
2024
43/197
2024
Government debt
$36.3M
2025
$609B
2025
Debt-to-GDP ratio
11.8%
2025
58.8%
2025
Government debt per person
$1,000
2025
$16,712
2025
Government debt per person rank
144/185
2025
39/185
2025
Average annual personal income after taxes
$5,308
2026
$20,616
2026
Market capitalization of domestic companies n/a
$316B
2025
Number of millionaires n/a
101,000
2026
Number of billionaires n/a
10
2026
Income share by richest 10%
27.5%
2019
22.9%
2023
Income share by poorest 10%
2.8%
2019
3.3%
2023
Government expenditure, % of GDP
65.3%
2025
50%
2025
Consumer prices inflation
5.5%
2024-2025
3.81%
2024-2025
Central bank interest rate n/a
3.75%
2026
Unemployment rate
9.82%
2021
3.02%
2025
Population
35039
36007074

Spending and national debt comparison by year

Marshall Islands
Spending

Debt
Poland
Spending

Debt
1x
Year % of GDP
Marshall Islands Poland
Government spending Government debt Government spending Government debt
2025 65.3% 11.8% 50% 58.8%
2024 70.9% 14.2% 49.4% 55.1%
2023 67.5% 18.2% 46.9% 49.5%
2022 65.8% 19.6% 43.2% 48.8%
2021 69.2% 19.9% 43.6% 53%
2020 67.8% 21.7% 47.7% 56.6%
2019 65.5% 25.1% 41.4% 45.2%
2018 60.5% 24.7% 41% 48.2%
2017 63.7% 26.5% 41.1% 50.4%
2016 56.8% 29.2% 41.1% 54.1%
2015 56.3% 33.9% 41.5% 51.1%
2014 49.2% 34.9% 42.7% 51.1%
2013 55% 33.4% 43.2% 56.9%
2012 53.2% 37.6% 43.2% 54.5%
2011 55.9% 35.9% 44.1% 54.8%
2010 59.2% 38.8% 46% 53.7%
2009 63.1% 41.2% 44.9% 49.7%
2008 64.3% 44.1% 44% 46.6%
2007 67.2% 42.2% 42.8% 44.4%
2006 61.2% 44.4% 44.3% 47.1%
2005 85.3% 45.8% 44.1% 46.5%
2004 54.5% 46.8% 43.4% 45%
2003 52.9% 43.7% 45.3% 46.2%
2002 55.2% 37.2% 44.9% 41.4%
2001 58.8% 32.7% 44.6% 37%
2000 56.5% 27.3% 42.9% 36.3%
1999 48.7% 26.1% 42.4% 39.2%
1998 50.5% 18.1% 43.9% 38.6%
1997 55% 8.73% 46% 42.6%
1996 - - 50.6% 43%
1995 - - 47.3% 48.6%
1994 - - - 64.3%
1993 - - - 83.9%
1992 - - - 81.9%
1991 - - - 76.9%
1990 - - - 89.7%
1989 - - - -
1988 - - - -
1987 - - - -
1986 - - - -
1985 - - - -
1984 - - - -
1983 - - - -
1982 - - - -
1981 - - - -
1980 - - - -
1979 - - 35.6% -
1978 - - 35.8% -
1977 - - 35.6% -
1976 - - 34.8% -
1975 - - 34.1% -
1974 - - 28.6% -
1973 - - 24.5% -
1972 - - 24.1% -
1971 - - 24.1% -
1970 - - 25.8% -
1969 - - 26.3% -
1968 - - 27.3% -
1967 - - 29.6% -
1966 - - 31.7% -
1965 - - 31.8% -
1964 - - 33.5% -
1963 - - 33.3% -
1962 - - 43% -
1961 - - 42.8% -
1960 - - 39.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1994, retrieved 2026-07-08).

GeoRank.org/economy/marshall-islands/poland | CC BY

In 2025, the Marshall Islands' government spending was $201M, accounting for 65.3% of its GDP, while Poland spent $517B, or 50% of GDP.

Debt-to-GDP ratio is 11.8% in the Marshall Islands and 58.8% in Poland, ranking 180/185 and 81/185, respectively.

Government deficit by year

Deficit/surplus
Marshall Islands

Poland
1x
Year Deficit/surplus, % of GDP
Marshall Islands Poland
2025 1.35% -7.01%
2024 2.62% -6.48%
2023 1.01% -5.2%
2022 0.51% -3.37%
2021 0.18% -1.68%
2020 2.54% -6.85%
2019 -1.8% -0.73%
2018 2.55% -0.24%
2017 4.38% -1.49%
2016 3.88% -2.38%
2015 2.81% -2.59%
2014 3.2% -3.66%
2013 -0.23% -4.25%
2012 -0.76% -3.8%
2011 2.13% -4.97%
2010 3.51% -7.43%
2009 1.51% -7.24%
2008 3.68% -3.6%
2007 0.27% -1.88%
2006 0.24% -3.53%
2005 -22.3% -3.93%
2004 -1.6% -5%
2003 10.5% -6%
2002 5.12% -4.79%
2001 7.83% -4.71%
2000 7.84% -3.98%
1999 9.01% -2.29%
1998 13.5% -4.24%
1997 7.91% -4.59%
1996 - -4.82%
1995 - -4.38%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

GeoRank.org/economy/marshall-islands/poland | CC BY

In 2025, the Marshall Islands' government surplus, the difference between spending and revenue, was $4.17M, equivalent to 1.35% of GDP. This compares to Poland's deficit of $72.6B, or 7.01% of GDP.

Over the past 29 years, the Marshall Islands recorded a fiscal deficit in 5 of those years, while Poland ran a deficit in 29 years. On average, the Marshall Islands posted an annual surplus equal to 2.46% of GDP, compared to deficit of 4.07% of GDP for Poland.

Inflation comparison by year

Inflation
Marshall Islands

Poland
1x
Year Consumer prices inflation
Marshall Islands Poland
2025 5.5% 3.81%
2024 5.2% 3.79%
2023 7.4% 11.5%
2022 2.8% 14.4%
2021 2.2% 5.06%
2020 -0.7% 3.37%
2019 -0.1% 2.23%
2018 0.8% 1.81%
2017 0.1% 2.08%
2016 -1.5% -0.66%
2015 -2.2% -0.87%
2014 1.1% 0.05%
2013 1.9% 0.99%
2012 4.3% 3.56%
2011 5.4% 4.24%
2010 1.8% 2.58%
2009 0.5% 3.8%
2008 14.7% 4.16%
2007 2.6% 2.46%
2006 5.3% 1.28%
2005 3.5% 2.18%
2004 2% 3.38%
2003 - 0.68%
2002 - 1.91%
2001 - 5.41%
2000 - 9.9%
1999 - 7.15%
1998 - 11.6%
1997 - 14.9%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | World Economic Outlook (2004–2025, retrieved 2026-07-08).

GeoRank.org/economy/marshall-islands/poland | CC BY

Over the past 22 years, the Marshall Islands has recorded an average annual inflation rate of 2.85%, compared with 3.42% in Poland. In 2025, inflation was 5.5% in the Marshall Islands and 3.81% in Poland.

Top exports between countries

Marshall Islands
Export category Export value
Machinery & equipment $20.2M
Poland
Export category Export value
Machinery & equipment $27.2M
Metals $394K
Chemicals & pharma $380K
Textiles & consumer goods $104K
Raw materials & minerals $40K
Miscellaneous $11K
Precious metals & jewellery $1K

Balance of trade

Marshall Islands Poland
Current account balance
$62.3M
2024
-$9.05B
2025
Current account balance ranking
67/190
2024
172/190
2025
Current account balance, % of GDP
+21.9%
2024
-0.87%
2025
Goods imports
$173M
2024
$406B
2025
Goods exports
$101M
2024
$390B
2025
Service imports
$64.2M
2024
$86.5B
2025
Service exports
$21.1M
2024
$131B
2025
Imports of goods and services, % of GDP
79.9%
2025
47.1%
2025
Exports of goods and services, % of GDP
36%
2025
50%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Marshall Islands Poland
Economic freedom 58 68.5
Economic freedom ranking 113/197 46/197
Property rights n/a 71.8
Government integrity n/a 60.7
Judicial effectiveness n/a 62.5
Tax burden n/a 72.7
Government spending n/a 35.1
Fiscal health n/a 74.8
Business freedom n/a 77.5
Labor freedom n/a 53.7
Monetary freedom n/a 73.8
Trade freedom n/a 79.4
Investment freedom n/a 80
Financial freedom n/a 80

Other economic metrics

Marshall Islands Poland
Services, % of GDP
68.2%
2024
59.7%
2025
Industry, % of GDP
13.4%
2024
25.8%
2025
Agriculture, forestry, and fishing, % of GDP
19.9%
2024
2.45%
2025
GNI, Atlas method
$352M
2025
$930B
2025
GNI per capita, PPP
$10,590
2025
$52,290
2025
Total reserves including gold n/a
$272B
2025
Total reserves ranking n/a
16/177
2025
Net foreign direct investment
-$13.4M
2024
-$11.7B
2025
Net inflows of foreign direct investment
$13.4M
2024
$20.6B
2024
Net outflows of foreign direct investment
$0
2024
$10B
2024
Poverty at national poverty lines
7.2%
2019
13.3%
2024
Gross capital formation, % of GDP
21.1%
2024
17.9%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/marshall-islands/poland | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1960–1994, retrieved 2026-07-08)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  6. TradeMap (2023–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.