Marine biodiversity plays an important role in providing the ecosystem functions and services which humans derive from the oceans. Understanding how this provisioning will change in the Anthropocene requires knowledge of marine biodiversity patterns. Here, we review the status of marine species diversity in space and time. Knowledge of marine species diversity is incomplete, with only 11% of species described. Nonetheless, marine biodiversity is clearly under threat, and habitat destruction and overexploitation represent the greatest stressors to threatened marine species. Claims that global marine extinction rates are within historical backgrounds and lower than on land may be inaccurate, as fewer marine species have been assessed for extinction risk. Moreover, extinctions and declines in species richness at any spatial scale may inadequately reflect marine diversity trends. Marine local-scale species richness is seemingly not decreasing through time. There are, however, directional changes in species composition at local scales. These