Marshall Islands Inflation Rate
Consumer price inflation, annual % FP.CPI.TOTL.ZG
Marshall Islands's inflation rate was 5.18% in 2025, ranked 42nd globally. This represents a 0.4% decrease from 2024. Data from World Bank, covering 2004–2025.
Overview
Marshall Islands's inflation rate stood at 5.18% in 2025, a decline of +0.02pp from 2024. The IMF projects 5.18% by 2025. Marshall Islands ranked 42nd globally.
Marshall Islands’ inflation rate has risen to 5.18 % in 2025, placing the nation 42nd in the world and closely matching Brazil’s 5.19 % and Estonia’s 5.07 % rates. The current level is markedly higher than the 2.01 % recorded in 2004, reflecting a gradual upward trajectory since the all‑time trough of –2.24 % in 2015, when deflation briefly eased price pressures. The sharp spike to an all‑time peak of 14.67 % in 2008, driven by global commodity shocks and domestic fiscal imbalances, remains a distant outlier, yet it underscores the economy’s vulnerability to external shocks. Over the 22‑year coverage period, inflation has oscillated between the 2008 peak and the 2015 trough, suggesting a pattern of volatility that has moderated in recent years. Continued fiscal discipline, improved monetary policy coordination, and resilience to external price swings will be crucial to contain inflation and steer the trajectory toward a more stable, low‑inflation environment.
Data & projection
| Year | Inflation Rate | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 2.42% | - | - |
| 2029* IMF | 2.42% | - | - |
| 2028* IMF | 3.31% | - | - |
| 2027* IMF | 5.22% | - | - |
| 2026* IMF | 5.86% | - | - |
| 2025* IMF | 5.18% | - | - |
| 2025 | 5.18% | −0.02pp | #42 |
| 2024 | 5.20% | −2.24pp | #146 |
| 2023 | 7.44% | +4.67pp | #126 |
| 2022 | 2.78% | +0.53pp | #16 |
| 2021 | 2.25% | +2.91pp | #60 |
| 2020 | -0.66% | −0.55pp | #19 |
| 2019 | -0.11% | −0.91pp | #15 |
| 2018 | 0.80% | +0.75pp | #23 |
| 2017 | 0.05% | +1.56pp | #9 |
| 2016 | -1.51% | +0.73pp | #7 |
| 2015 | -2.24% | −3.34pp | #5 |
| 2014 | 1.10% | −0.75pp | #66 |
| 2013 | 1.85% | −2.49pp | #76 |
| 2012 | 4.34% | −1.01pp | #115 |
| 2011 | 5.35% | +3.58pp | #120 |
Analysis
Marshall Islands's inflation rate was 5.18% in 2025, a decline of −0.02pp from 2024. IMF projects 5.18% by 2025.
Frequently Asked Questions
Marshall Islands's inflation rate was 5.18% in 2025. Ranked 42nd globally. This represents a 0.4% decrease from the previous year.
Marshall Islands's inflation rate peaked at 14.67% in 2008.
The lowest inflation rate in Marshall Islands was -2.24% in 2015.
Marshall Islands ranks 42nd globally in inflation rate as of 2025.
The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.
Marshall Islands's inflation rate is projected to reach 5.18% by 2025 based on IMF projection.
The inflation rate of Marshall Islands in 2025 was 5.18%. This ranks 42nd in the world.
Cite this page
@misc{historysaid_marshall-islands_inflation-rate,
title = {Marshall Islands Inflation Rate},
url = {https://historysaid.com/marshall-islands/inflation-rate/},
publisher = {HistorySaid},
year = {2026}
}