Key Market Indicators
Marshallese tourism receipts are projected to climb to approximately $40 million by 2028, up from around $35 million in 2023. This represents an average annual growth rate of 2.1%. Since 2004, the country's tourism market has seen a steady increase, averaging a 2.4% growth rate year over year. Meanwhile, the number of tourist arrivals in the Marshall Islands is expected to reach nearly 6,700 by 2028, up from about 6,500 in 2023. This marks an annual compound growth rate of 0.6%. Despite this anticipated growth, the demand for Marshallese tourism has seen a decline of 1% per year since 2000.