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Prices & public finance · East Asia & Pacific · Upper-middle income
Marshall Islands: prices, money and public finance
GDP deflator is 5.7% (2025), 52nd of 209 in the world and 6th of 36 in East Asia & Pacific. Exchange rate is 1.00 (2025), 164th of 210 in the world and 32nd of 36 in East Asia & Pacific. Tax revenue is 17.2% (2020), 71st of 142 in the world and 12th of 25 in East Asia & Pacific.
GDP deflator
Marshall IslandsEast Asia & PacificUpper-middle incomeWorld
Exchange rate
Marshall Islands
6 indicators
Prices & public finance: Marshall Islands in detail
Latest reported value, world rank and rank within East Asia & Pacific; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GDP deflatorInflation, GDP deflator, annual % | 5.7%2025 | 52/209 | 6/36 | -1.1% | 1.0% | 6.8% | +8.7 ppsince 2015 | 2.5% | 3.3% | 3.3% | |
| Exchange rateOfficial exchange rate, local currency per US$ | 1.002025 | 164/210 | 32/36 | 1.00 | 1.00 | 1.00 | ±0.0%since 2015 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 17.2%2020 | 71/142 | 12/25 | · | 17.7% | 17.2% | −0.6 ppsince 2010 | 10.8% | 10.4% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 31.3%2020 | 43/142 | 7/25 | · | 20.4% | 31.3% | +10.9 ppsince 2010 | 17.6% | 18.5% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 59.4%2020 | 4/142 | 3/25 | · | 54.4% | 59.4% | +5.1 ppsince 2010 | — | — | 28.5% | |
| Government debtCentral government debt, % of GDP | 41.6%2019 | 51/78 | 14/17 | · | 68.9% | 41.6%2019 | −30.3 ppsince 2009 | — | — | — |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- Government debt−30.3 pp41.6% in 2019
Worse than ten years ago
No rated indicator got worse over the decade.
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Marshall Islands and its neighbours
Countries sharing a land border with Marshall Islands. Latest values since 2005; the highest in each row is marked.
| Indicator | Marshall Islands | United States | Kiribati | Micronesia | Nauru |
|---|---|---|---|---|---|
| GDP deflator | 5.7%2025 | 2.8%2025 | 0.0%2025 | 3.2%2025 | 4.0%2025 |
| Exchange rate | 1.002025 | 1.002025 | 1.552025 | 1.002025 | 1.552025 |
| Tax revenue | 17.2%2020 | 10.8%2024 | 17.5%2023 | 7.0%2020 | 21.4%2024 |
| Government revenue | 31.3%2020 | 17.8%2024 | 80.2%2023 | 29.7%2020 | 115.5%2024 |
| Government expense | 59.4%2020 | 24.4%2023 | 83.7%2023 | 23.4%2020 | 103.6%2020 |
| Government debt | 41.6%2019 | 115.8%2024 | — | 27.8%2020 | — |