Canada and Marshall Islands
Canada and the Marshall Islands connect fishing, climate and Pacific cooperation. Regional programmes complement non-resident diplomacy.
Analysis reviewed: 2026-10-07 · Indicators updated: 2026-10-07Bilateral indicators
Blank cells: data unavailable.
| Indicator | Value | Period |
|---|---|---|
| Goods trade | ||
| Goods: Canada to Marshall Islands | ||
| Goods: Marshall Islands to Canada | ||
| Services trade | ||
| Export share: Canada to Marshall Islands | ||
| Export share: Marshall Islands to Canada | ||
| Investment stock: Canada in Marshall Islands | ||
| Investment stock: Marshall Islands in Canada |
Definitions and sources
Trade adds both directions. Shares refer to the country’s total goods exports; investment is an accumulated stock, not an annual flow. Every figure retains the currency and period of its source. BEA positions are historical-cost estimates based on the immediate counterpart, not market values or investment by ultimate owner. ‘More than’ indicates a lower bound, not an exact amount. A recorded stock does not establish new activity or authorisation to operate under sanctions.
Country comparison
Period and source beside each figure · est. = estimate by the stated institution.
Some annual indicators refer to different years. Check the period beside each value before comparing them.
| Indicator | Canada | Marshall Islands |
|---|---|---|
| Nominal GDP | 2.32 trillion USD2025 · WB | 308,000,000 USD2025 · WB |
| GDP per capita | 55,697.66 USD2025 · WB | 8,489.06 USD2025 · WB |
| GDP growth | 1.74 %2025 · WB | 2.28 %2025 · WB |
| Policy interest rate | 2.25 %2026-09-02 · BoC | |
| Inflation · annual average | 2.07 %Annual average · 2025 · WB | |
| Inflation · latest year-on-year figure | 3 %Year-on-year · Aug. 2026 · StatCan | |
| Unemployment | 6.91 %ILO est.2025 · WB | |
| Budget balance (% of GDP) | -1.8 %IMF est.2025 · IMF | 1.4 %IMF est.2025 · IMF |
| Gross public debt (% of GDP) | 113.5 %IMF est.2025 · IMF | 11.8 %IMF est.2025 · IMF |
| Current account balance (% of GDP) | -0.95 %2025 · WB | 21.87 %2024 · WB |
| Population | 41,651,6532025 · WB | 36,2822025 · WB |
| Area | 9,984,670 km²2012 · StatCan | 180 km²2023 · WB |
| Military expenditure | ||
| Military expenditure (% of GDP) |
Definitions, dates and sources
Blank cells are not zero. Average annual inflation and the latest year-on-year figure appear in separate rows: they are not the same measure. Every annual indicator retains its reference year; when the years differ, the figures are identified as not directly comparable. When a figure is unavailable from the World Bank, an annual IMF estimate is used and identified as such. The latest year-on-year figure is the latest official release verified as of 7 October 2026. This includes advance releases marked as provisional. Mexico may have a fortnightly figure before the full month is published; it is not automatically compared with a monthly figure. The publication date is retained in each source’s details; it does not replace the observation period or the annual average. Policy rates carry their own dates and represent different instruments. Spain and France share the ECB rate. Balances are positive for surpluses and negative for deficits. The IMF may use fiscal years; unemployment retains each source’s definition (ILO estimates, IMF WEO or PCBS), as stated in the details. For Palestine, debt and the fiscal balance cover central government and retain the PCBS definition; they are not presented as consolidated general government. These are economic magnitudes, not measures of relationship quality.
Area retains each source’s territorial coverage; it does not determine sovereignty or effective control. Canada uses an archived national geographic reference. Military expenditure retains the 2024 SIPRI sample distributed by the World Bank: the amount and percentage of GDP use that same definition, which differs from NATO’s. It is not an approved budget or a 2026 figure. Information from the Stockholm International Peace Research Institute (SIPRI). Military expenditure database · Terms of use0
Indicators reviewed: 2026-10-07. Each source retains its original access date; this review does not turn all the data into 2026 observations. Figures may be revised.
- Nominal GDP
- Current USDCanada: 2025 · World BankMarshall Islands: 2025 · World Bank · Annual World Bank observation, with its original year; not monthly data.
- GDP per capita
- Current USD per personCanada: 2025 · World BankMarshall Islands: 2025 · World Bank · Annual World Bank observation, with its original year; not monthly data.
- GDP growth
- Annual real change (%)Canada: 2025 · World BankMarshall Islands: 2025 · World Bank · Annual World Bank observation, with its original year; not monthly data.
- Policy interest rate
- Central bank instrument (%)Canada: 2026-09-02 · Overnight rate target · Bank of Canada
- Inflation · annual average
- Average annual change in headline CPI (%)Canada: 2025 · Average annual CPI change (%) · World Bank
- Inflation · latest year-on-year figure
- Headline CPI relative to the same period of the previous year (%); monthly or fortnightly frequency statedCanada: 2026-08 · Headline CPI change relative to the same month of the previous year (%) · Statistics Canada · Published: 2026-09-14 · National headline year-on-year CPI, not monthly inflation or an annual average.
- Unemployment
- % of the labour force; definition used by the stated institutionCanada: 2025 · World Bank · ILO est.
- Budget balance
- General government (% of GDP)Canada: 2025 · IMF — World Economic Outlook · IMF est.Marshall Islands: 2025 · IMF · IMF est. · WEO general-government estimate, % of GDP. Not an observed balance for the current month.
- Gross public debt
- General government (% of GDP)Canada: 2025 · IMF — World Economic Outlook · IMF est.Marshall Islands: 2025 · IMF · IMF est. · WEO general-government estimate, % of GDP. Not an observed balance for the current month.
- Current account balance
- % of GDPCanada: 2025 · World BankMarshall Islands: 2024 · World Bank · Annual World Bank observation, with its original year; not monthly data.
- Population
- PeopleCanada: 2025 · World BankMarshall Islands: 2025 · World Bank · Annual World Bank observation, with its original year; not monthly data.
- Area
- Total area in km²; territorial coverage of the sourceCanada: 2012 · Total area of Canada, land and water; archived official geographic reference from 2012 · Statistics Canada · Not an annual measurement for 2025. Replaces an API observation that does not match the national reference.Marshall Islands: 2023 · World Bank · Annual World Bank observation, with its original year; not monthly data.
- Military expenditure
- Current USD per year; SIPRI series
- Military expenditure (% of GDP)
- Percentage of GDP; SIPRI definition, not NATO’s definition
Other data specific to this relationship
What they buy and sell
Documented selection, not an exhaustive list. Cells without a figure do not mean zero value; some products are identified without a verified amount.
Canada to Marshall Islands
| Product or sector | Value / share |
|---|---|
Marshall Islands to Canada
| Product or sector | Value / share |
|---|---|
Connections between people
Contacts between people and relations between governments are distinct dimensions. Published counts appear in the table with their date and definition; a resident community is not inferred from trade or diplomatic representation. [1]
Residents, study and travel
Blank cells: data unavailable. Each measure retains its definition and period.
| Indicator | Value | Period / source |
|---|---|---|
| Residents from Canada living in Marshall Islands | ||
| Residents from Marshall Islands living in Canada | ||
| Study and training: Canada in Marshall Islands | ||
| Study and training: Marshall Islands in Canada | ||
| Academic stays: Canada in Marshall Islands | ||
| Academic stays: Marshall Islands in Canada | ||
| Travel: Canada to Marshall Islands | ||
| Travel: Marshall Islands to Canada |
What each figure measures
Residents are counted by nationality and the coverage of the stated register, not as people born in the other country or as new arrivals in one year. PERE includes dual nationals and people born outside Spain. Study with OPT and stays carrying academic credit are different measures. Travel may include several visits by the same person; FRONTUR arrivals require an overnight stay, whereas the Canadian survey includes day visits. These figures are neither added together nor automatically compared across directions.
Mobility data added or reviewed: 2026-10-07. Reference periods may be earlier.
Underlying ties
History, institutions and long-standing issues.
History and institutional framework
Kiwa has several donors and beneficiary countries. Canada's total contribution is not presented as a budget exclusively for the Marshall Islands. [1]
The scale of both economies
Canada's nominal GDP is 2,319.9 billion USD (2025), compared with 0.3 for the Marshall Islands (2025). The reference populations are 41.65 and 0.04 million, respectively. In the same year, Canada's economy was 7,532.14 times the Marshall Islands' in nominal GDP. The comparison provides context on market size, but does not, on its own, measure influence, well-being or diplomatic closeness. Estimates and their sources retain their labels in the tables. [2] [3] [4] [5]
Recent developments
Recent developments and latest available data · Reviewed: 2026-10-07
Areas of the relationship
Regional programmes complement non-resident diplomacy. [1]
Diplomacy, fishing and local cooperation
Diplomatic relations began on 14 August 1997. Canada represents its interests from Canberra, and the Marshall Islands maintains representation from Washington. Both participate in the United Nations Fish Stocks Agreement, a relevant framework for managing marine resources. Canadian local initiatives include community projects and a 2022 project with Women United Together Marshall Islands; their outcomes are not inferred from the size of imports or exports. [1]
Pacific programmes with regional coverage
Kiwa combines several donors and beneficiaries for biodiversity and climate adaptation. PCRAFI, the Asian Development Bank's project preparation fund and other mechanisms provide financing tools and capabilities. Canada's overall contributions to these programmes are not allocated entirely to the Marshall Islands. Each programme retains its period and scope; a completed regional project is not presented as a permanent bilateral budget. [1]
Sources and data
Periods and scope of the figures
Institutional sources and periods accompany each figure. Annual trade, investment positions, residents and visits are distinct measures. Empty cells do not mean zero. Statements of intent are not presented as project implementation or treaties in force.
- Bilateral relations — CAN-MHL
Global Affairs Canada · Institutional source · Accessed: 2026-10-07
- Official statistics
World Bank · Institutional source · Accessed: 2026-09-17
- Official series — gdp
World Bank · Institutional source · Accessed: 2026-10-07
- Official statistics
World Bank · Institutional source · Accessed: 2026-10-06
- Official series — population
World Bank · Institutional source · Accessed: 2026-10-07