Marshall Islands's inflation, GDP deflator (annual % growth) was 5.66% in 2025, the latest year in the World Bank's World Development Indicators. That is up 8.72 percentage points from -3.06% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 5.66% | 2025 |
| Five years earlier | 6.78% | 2020 |
| Ten years earlier | -3.06% | 2015 |
| Highest | 13.68% | 1974 |
| Lowest | -13.1% | 1973 |
| Average since 2016 | 3.32% | 2016–2025 |
| First recorded | 5.98% | 1971 |
What the numbers say
In 2025, Marshall Islands' inflation, GDP deflator (annual % growth) rose 1.15 percentage points on 2024 (from 4.5% to 5.66%).
Across the 30 yearly changes before that (1995 to 2024), the average change was +0.06 percentage points and a typical year strayed about 4.64 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 26.78 percentage points in 1974 and the biggest yearly fall was 21.33 percentage points in 1973. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains 8% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Marshall Islands had the 46th highest value of the 186 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Marshall Islands | 5.66% | 2025 |
| World | 3.33% | 2025 |
| East Asia & Pacific | 2.49% | 2025 |
| Upper middle income | 3.31% | 2025 |
Closest to Marshall Islands in the 2025 ranking
What this measures
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Regional and income-group figures are computed by the World Bank as a median.
All 55 values
| Year | Inflation, GDP deflator (annual % growth) |
|---|---|
| 2025 | 5.66 |
| 2024 | 4.5 |
| 2023 | 7.86 |
| 2022 | -0.2667 |
| 2021 | 5.76 |
| 2020 | 6.78 |
| 2019 | -4.15 |
| 2018 | -2.41 |
| 2017 | 2.26 |
| 2016 | 7.17 |
| 2015 |
Inflation, GDP deflator (annual % growth) in nearby economies
- American Samoa — 14.15% (2022)
- Australia — 2.31% (2025)
- Brunei Darussalam — -4.74% (2025)
- Cambodia — 3.47% (2025)
- China — -0.92% (2025)
- Fiji — 2% (2025)
- French Polynesia — 1.85% (2024)
- Guam — 5.47% (2022)
- Hong Kong SAR, China — 1.02% (2025)
- Indonesia — 2.37% (2025)
More financial sector data for Marshall Islands
- Official exchange rate (LCU per US$, period average) — US$1 (2025)
- GDP deflator (base year varies by country) — 137.5 (2025)
- DEC alternative conversion factor (LCU per US$) — US$1 (2025)
- Inflation, GDP deflator, linked series (annual % growth) — 5.66% (2025)
- GDP deflator, linked series (base year varies by country) — 137.5 (2025)
- Commercial bank branches (per 100,000 adults) — 32.52 (2024)
- Automated teller machines (ATMs) (per 100,000 adults) — 12.19 (2024)
Every indicator for Marshall Islands is on the Marshall Islands data page.
Reading data like this
Questions people ask
- What is Marshall Islands's inflation, GDP deflator (annual % growth)?
- 5.66% in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1971?
- It is down 0.32 percentage points from 5.98% in 1971. The highest value was 13.68% in 1974 and the lowest -13.1% in 1973.
- How does Marshall Islands rank?
- 46th highest of 186 economies with data for 2025.
- Is the latest change in inflation, GDP deflator (annual % growth) unusual for Marshall Islands?
- In 2025, Marshall Islands' inflation, GDP deflator (annual % growth) rose 1.15 percentage points on 2024 (from 4.5% to 5.66%). Across the 30 yearly changes before that (1995 to 2024), the average change was +0.06 percentage points and a typical year strayed about 4.64 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.GDP.DEFL.KD.ZG, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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