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Macro

Marshall Islands

East Asia & Pacific · Upper middle income · IMF WEO April 2026 · World Bank WDI

GDP▲ 8.0%
Current prices2025
0USD bn
GDP per capita▲ 13.7%
Current prices2025
8,451USD
Real GDP growth▼ 0.5 pp
Annual change2025
2.5%
Inflation▲ 0.3 pp
Average consumer prices2025
5.5%
Government debt▼ 2.4 pp
General government, gross2025
11.8% of GDP
Current account▼ 6.6 pp
Balance2025
9.1% of GDP
Population▼ 4.9%
Total2025
0.04million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-7.60.010.51998: -0.6%1999: -1.3%2000: 2.7%2001: 7.1%2002: 3.5%2003: -1.6%2004: -0.7%2005: 1.8%2006: 0.2%2007: 3.7%2008: -7.6%2009: 3.7%2010: 5.6%2011: -0.5%2012: -1.3%2013: 3.8%2014: -1.3%2015: 1.9%2016: 2.5%2017: 3.6%2018: 5.5%2019: 10.5%2020: -2.8%2021: 2.1%2022: -0.7%2023: -5.3%2024: 3.0%2025: 2.5%2026: 3.7% (IMF projection)2027: 2.0% (IMF projection)2028: 1.9% (IMF projection)2029: 1.8% (IMF projection)2030: 1.6% (IMF projection)2031: 1.6% (IMF projection)IMF projection2000200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
-2.20.014.72004: 2.0%2005: 3.5%2006: 5.3%2007: 2.6%2008: 14.7%2009: 0.5%2010: 1.8%2011: 5.4%2012: 4.3%2013: 1.9%2014: 1.1%2015: -2.2%2016: -1.5%2017: 0.1%2018: 0.8%2019: -0.1%2020: -0.7%2021: 2.2%2022: 2.8%2023: 7.4%2024: 5.2%2025: 5.5%2026: 7.4% (IMF projection)2027: 5.5% (IMF projection)2028: 2.4% (IMF projection)2029: 2.4% (IMF projection)2030: 2.4% (IMF projection)2031: 2.4% (IMF projection)IMF projection200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %2.1-0.7-5.33.02.53.72.01.91.81.6
Inflation, average consumer prices %2.22.87.45.25.57.45.52.42.42.4
GDP, current prices USD bn0000000000
GDP per capita, current prices USD6,1596,2476,5277,4348,4519,67710,66411,35512,01412,624
GDP per capita, PPP Int. USD5,7186,2306,2726,9697,7358,5049,0889,60710,10410,560
General government gross debt % of GDP19.919.618.214.211.816.715.314.613.913.4
General government net lending/borrowing % of GDP0.20.51.02.61.4-6.10.20.10.10.0
Current account balance % of GDP27.46.815.815.79.12.46.24.53.52.3
Population million0.040.040.040.040.040.040.030.030.030.03

Government debt, % of GDP

General government gross debt
0.046.82000: 27%2001: 33%2002: 37%2003: 44%2004: 47%2005: 46%2006: 44%2007: 42%2008: 44%2009: 41%2010: 39%2011: 36%2012: 38%2013: 33%2014: 35%2015: 34%2016: 29%2017: 27%2018: 25%2019: 25%2020: 22%2021: 20%2022: 20%2023: 18%2024: 14%2025: 12%2026: 17% (IMF projection)2027: 15% (IMF projection)2028: 15% (IMF projection)2029: 14% (IMF projection)2030: 13% (IMF projection)2031: 17% (IMF projection)IMF projection2000200520102015202020252030

Current account, % of GDP

Balance of payments
-23.50.027.42000: -12.6%2001: -3.8%2002: 7.7%2003: 1.3%2004: 5.7%2005: 8.6%2006: -0.4%2007: 4.7%2008: 3.8%2009: -8.9%2010: -14.7%2011: 3.1%2012: -0.1%2013: -4.4%2014: 4.8%2015: 17.2%2016: 16.2%2017: 5.8%2018: 5.4%2019: -23.5%2020: 22.7%2021: 27.4%2022: 6.8%2023: 15.8%2024: 15.7%2025: 9.1%2026: 2.4% (IMF projection)2027: 6.2% (IMF projection)2028: 4.5% (IMF projection)2029: 3.5% (IMF projection)2030: 2.3% (IMF projection)2031: -3.5% (IMF projection)IMF projection2000200520102015202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
20057.18.11.978.6
201512.411.33.275.7
202419.913.43.268.2

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method9,710USD2025+95.0%
GNI, Atlas method0USD bn2025+45.0%
Exports of goods and services36.0% of GDP2025-8.2 pp
Imports of goods and services79.9% of GDP2025-14.4 pp
Life expectancy at birth67.1years2024+3.0%
Urban population79.1% of total2025+3.6 pp

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)