Marshall Islands GDP Growth Rate (2026)
The Marshall Islands has a small Pacific economy supported by public services, U.S. assistance, fisheries, and household consumption. This page examines its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+3.7%
Annual real GDP growth
World Rank
#68
Out of 195 countries
Change vs 2025
+1.2 pp
2025: +2.5%
Oceania Rank
#2
Out of 14 countries
1. Marshall Islands GDP Growth Rate in 2026
Economic growth is influenced by government spending, external grants, fisheries, infrastructure, and domestic demand.
2. Marshall Islands GDP Growth Rate Trends (1998–2026)
The country’s growth history has been shaped by U.S. financial support, public-sector activity, fisheries revenues, and limited private investment.
3. Marshall Islands GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +3.7% | +1.2 pp |
| 2025 | +2.5% | -0.5 pp |
| 2024 | +3.0% | +8.3 pp |
| 2023 | -5.3% | -4.6 pp |
| 2022 | -0.7% | -2.8 pp |
| 2021 | +2.1% | +4.9 pp |
| 2020 | -2.8% | -13.3 pp |
| 2019 | +10.5% | +5.0 pp |
| 2018 | +5.5% | +1.9 pp |
| 2017 | +3.6% | +1.1 pp |
| 2016 | +2.5% | +0.6 pp |
| 2015 | +1.9% | +3.2 pp |
| 2014 | -1.3% | -5.1 pp |
| 2013 | +3.8% | +5.1 pp |
| 2012 | -1.3% | -0.8 pp |
| 2011 | -0.5% | -6.1 pp |
| 2010 | +5.6% | +1.9 pp |
| 2009 | +3.7% | +11.3 pp |
| 2008 | -7.6% | -11.3 pp |
| 2007 | +3.7% | +3.5 pp |
| 2006 | +0.2% | -1.6 pp |
| 2005 | +1.8% | +2.5 pp |
| 2004 | -0.7% | +0.9 pp |
| 2003 | -1.6% | -5.1 pp |
| 2002 | +3.5% | -3.6 pp |
| 2001 | +7.1% | +4.4 pp |
| 2000 | +2.7% | +4.0 pp |
| 1999 | -1.3% | -0.7 pp |
| 1998 | -0.6% | — |
4. Marshall Islands GDP Growth Performance
Current Growth Rate
+3.7%
(2026 to 2026)
5-Year Average
+0.6%
(2022 to 2026)
10-Year Average
+2.2%
(2017 to 2026)
20-Year Average
+1.6%
(2007 to 2026)
The economy benefits from long-term external assistance, but geographic isolation and a narrow private sector constrain sustainable expansion.
5. Marshall Islands GDP Growth Rate vs Oceania and World
Marshall Islands
+3.7%
Oceania Average
+2.7%
World Average
+2.8%
0.0%
1.8%
3.7%
Annual real GDP growth (%)
Marshall Islands’s GDP growth rate is approximately
1.0 pp
above the
Oceania average
and
0.9 pp
above the world average.
6. Marshall Islands GDP Growth Rate Ranking in Oceania
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #1 | Papua New Guinea | +3.8% |
| #2 | Marshall Islands | +3.7% |
| #3 | Vanuatu | +3.5% |
| #4 | Palau | +3.3% |
| #5 | Samoa | +3.2% |
| #6 | Kiribati | +3.1% |
| #7 | Solomon Islands | +2.8% |
| #8 | Tuvalu | +2.5% |
| #9 | Fiji | +2.4% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Marshall Islands
Marshall Islands GDP (Nominal)
$342.0 Million
(2026)
Marshall Islands GDP Growth Rate
+3.7%
(2026)
The Marshall Islands generally records modest growth because external support and government activity dominate the economy.
Explore more:
Marshall Islands GDP
9. Marshall Islands GDP Growth Rate Forecast
The outlook depends on U.S. assistance, infrastructure, fisheries, and private-sector development. Climate change and migration remain major long-term risks.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +2.0% | -1.7 pp |
| 2028 | +1.9% | -0.1 pp |
| 2029 | +1.8% | -0.1 pp |
| 2030 | +1.6% | -0.2 pp |
10. Marshall Islands GDP Growth Rate: Key Findings
Marshall Islands GDP growth rate is estimated at +3.7% in 2026.
It ranks #68 globally and #2 in Oceania by annual GDP growth rate.
The growth rate accelerated by 1.2 percentage points compared with 2025.
The 5-year average GDP growth rate is +0.6%.
The 10-year average GDP growth rate is +2.2%.
The current rate is 1.0 percentage points above the Oceania average.
The current rate is 0.9 percentage points above the world average.
The forecast GDP growth rate is +1.6% in 2030, 2.1 percentage points below the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
November 2026
13. Marshall Islands GDP Growth Rate FAQs
Marshall Islands GDP growth rate is estimated at +3.7% in 2026.
Marshall Islands ranks #68 globally and #2 in Oceania by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +3.7% in 2026.
Marshall Islands GDP growth rate was +1.9% in 2015.
Marshall Islands GDP growth rate is 1.0 percentage points above the Oceania average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.