Marshall Islands

1980

2026

2030

Marshall Islands

1980

2026

2030

Marshall Islands Economic Statistics (2026)

What to know

GDP per capita (PPP) in 2026: $8,415—below global average.

The economy experienced a recession in recent years.

Inflation is high at 5.9%, eroding purchasing power.

Key statistics for 2026

GDP per capita (PPP)

$8,415

GDP growth

+4.1%

Inflation rate

5.9%

Key terms

GDP: — Gross Domestic Product—the total value of goods and services produced in a country annually.
GDP PPP: — GDP adjusted for purchasing power parity—what money actually buys in each country.
GDP per capita: — GDP divided by population—a measure of average economic output per person.
Inflation rate: — Annual percentage increase in the general price level of goods and services.
Fiscal balance: — Government revenue minus expenditure. Surplus if positive, deficit if negative.
Current account: — Net flow of goods, services, and transfers with the rest of the world.

Output & Growth

How has the economy recovered from recession?

Total economic output and annual growth rate

Total GDP is $0 billion, with steady growth of 4.1% in 2026.

Living Standards

How much do citizens earn on average?

Average economic output per person

GDP per capita is $8,415 in purchasing power terms ($9,391 nominal).

Prices & Employment

How severe is inflation?

Consumer price inflation and labor market conditions

Inflation is 5.9% in 2026.

Government Finances

How sustainable are public finances?

Government debt, revenue, and expenditure as percentage of GDP

Government debt is low at 15% of GDP. The government spends more than it collects (revenue: 78.5%, expenditure: 83.8% of GDP).

External & Fiscal Balance

What is the external and fiscal balance?

Fiscal balance and current account as percentage of GDP

The country is running a fiscal deficit of 5.3% and a current account surplus of 4.0% of GDP.

The bottom line

Marshall Islands is a lower-income economy with GDP per capita (PPP) of $8,415. After a recent recession, growth has returned. High inflation (5.9%) is a challenge.