GDP deflator (base year varies by country), annual growth rate in Marshall Islands

Marshall Islands: GDP deflator (base year varies by country), annual growth rate was 5.21 % change on previous year in 2024. ◆ Volatile

Latest (2024)
5.21 % change on previous year
Change on year
down 20.2%
World rank
71st
of 211 countries
All-time high
13.68 % change on previous year
in 1974
All-time low
-13.1 % change on previous year
in 1973
Years of data
54
1971–2024

GDP deflator (base year varies by country), annual growth rate in Marshall Islands, 1971–2024

-10010197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gdp deflator (base year varies by country), annual growth rate in Marshall Islands stood at 5.21 % change on previous year.

The figure is down 20.2% on the previous year and up 392.0% over ten years.

Over the whole period, gdp deflator (base year varies by country), annual growth rate in Marshall Islands peaked at 13.68 % change on previous year in 1974 and was at its lowest, -13.1 % change on previous year, in 1973.

That places Marshall Islands 71st out of 211 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP deflator (base year varies by country), annual growth rate in Marshall Islands, year by year

Annual values for GDP deflator (base year varies by country), annual growth rate in Marshall Islands, 1971 to 2024.
Year % change on previous year Change
1971 5.98 % change on previous year
1972 8.23 % change on previous year +37.7%
1973 -13.1 % change on previous year -259.2%
1974 13.68 % change on previous year -204.5%
1975 9.62 % change on previous year -29.7%
1976 8.37 % change on previous year -13.0%
1977 8.69 % change on previous year +3.8%
1978 4.04 % change on previous year -53.5%
1979 12.62 % change on previous year +212.2%
1980 12.67 % change on previous year +0.4%
1981 9.11 % change on previous year -28.1%
1982 7.38 % change on previous year -19.0%
1983 3.51 % change on previous year -52.4%
1984 4.11 % change on previous year +17.0%
1985 3.69 % change on previous year -10.3%
1986 2.45 % change on previous year -33.4%
1987 2.86 % change on previous year +16.6%
1988 4.12 % change on previous year +44.2%
1989 4.76 % change on previous year +15.4%
1990 4.99 % change on previous year +4.9%
1991 5.04 % change on previous year +1.1%
1992 3.01 % change on previous year -40.3%
1993 3.03 % change on previous year +0.7%
1994 2.62 % change on previous year -13.5%
1995 2.81 % change on previous year +6.9%
1996 2.8 % change on previous year -0.4%
1997 5.95 % change on previous year +112.9%
1998 2.68 % change on previous year -54.9%
1999 2.51 % change on previous year -6.3%
2000 -1.12 % change on previous year -144.4%
2001 -0.3182 % change on previous year -71.5%
2002 4.02 % change on previous year -1364.4%
2003 0.9463 % change on previous year -76.5%
2004 1.77 % change on previous year +86.7%
2005 2.01 % change on previous year +13.8%
2006 3.59 % change on previous year +78.4%
2007 1.36 % change on previous year -62.1%
2008 5.38 % change on previous year +296.0%
2009 -0.5089 % change on previous year -109.5%
2010 0.9556 % change on previous year -287.8%
2011 7.49 % change on previous year +684.1%
2012 6.25 % change on previous year -16.6%
2013 -0.6308 % change on previous year -110.1%
2014 1.06 % change on previous year -267.7%
2015 -3.06 % change on previous year -389.6%
2016 7.17 % change on previous year -334.0%
2017 2.26 % change on previous year -68.5%
2018 -2.41 % change on previous year -206.6%
2019 -4.15 % change on previous year +72.6%
2020 6.78 % change on previous year -263.3%
2021 5.78 % change on previous year -14.8%
2022 -1.02 % change on previous year -117.6%
2023 6.52 % change on previous year -740.8%
2024 5.21 % change on previous year -20.2%

Averages by decade

DecadeAverage LowestHighest Years
1970s 6.46 % change on previous year -13.1 % change on previous year 13.68 % change on previous year 9
1980s 5.47 % change on previous year 2.45 % change on previous year 12.67 % change on previous year 10
1990s 3.55 % change on previous year 2.51 % change on previous year 5.95 % change on previous year 10
2000s 1.71 % change on previous year -1.12 % change on previous year 5.38 % change on previous year 10
2010s 1.49 % change on previous year -4.15 % change on previous year 7.49 % change on previous year 10
2020s 4.65 % change on previous year -1.02 % change on previous year 6.78 % change on previous year 5

Countries ranked near Marshall Islands

  1. 68 Monaco 5.3 % change on previous year compare
  2. 69 Serbia 5.23 % change on previous year compare
  3. 70 Luxembourg 5.23 % change on previous year compare
  4. 72 Netherlands 5.2 % change on previous year compare
  5. 73 Peru 5.16 % change on previous year compare
  6. 74 Honduras 5.1 % change on previous year compare

See the full ranking of 211 places →

More population data for Marshall Islands

All data for Marshall Islands →

Frequently asked questions

What is gdp deflator (base year varies by country), annual growth rate in Marshall Islands?
Gdp deflator (base year varies by country), annual growth rate in Marshall Islands was 5.21 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Marshall Islands?
The highest recorded value was 13.68 % change on previous year in 1974.
What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Marshall Islands?
The lowest recorded value was -13.1 % change on previous year in 1973.
How does Marshall Islands rank for gdp deflator (base year varies by country), annual growth rate?
Marshall Islands ranks 71st out of 211 countries with data for 2024.
Is gdp deflator (base year varies by country), annual growth rate rising or falling in Marshall Islands?
Over the last ten years it is up 392.0%. The long-run trend across the full record is volatile.
Where does this Marshall Islands data come from?
The figures come from Statizoid (derived), published as part of GDP deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

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GDP deflator (base year varies by country), annual growth rate in Marshall Islands. Statizoid, drawing on Statizoid (derived). Retrieved 30 August 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/marshall-islands/

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<a href="https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/marshall-islands/">GDP deflator (base year varies by country), annual growth rate in Marshall Islands</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP deflator (base year varies by country), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 9,847 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.