GDP Deflator — Value Standard Local Currency, 2015 prices in Marshall Islands
Marshall Islands: GDP Deflator — Value Standard Local Currency, 2015 prices was 135.05 SLC in 2024. ▲ Rising
GDP Deflator — Value Standard Local Currency, 2015 prices in Marshall Islands, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Marshall Islands recorded 135.05 SLC for gdp deflator — value standard local currency, 2015 prices in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 5.2% on the previous year and up 30.7% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Marshall Islands peaked at 135.05 SLC in 2024 and was at its lowest, 19.42 SLC, in 1973.
That places Marshall Islands 98th out of 194 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value Standard Local Currency, 2015 prices in Marshall Islands, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 19.49 SLC | — |
| 1971 | 20.65 SLC | +6.0% |
| 1972 | 22.35 SLC | +8.2% |
| 1973 | 19.42 SLC | -13.1% |
| 1974 | 22.08 SLC | +13.7% |
| 1975 | 24.2 SLC | +9.6% |
| 1976 | 26.23 SLC | +8.4% |
| 1977 | 28.51 SLC | +8.7% |
| 1978 | 29.66 SLC | +4.0% |
| 1979 | 33.4 SLC | +12.6% |
| 1980 | 37.63 SLC | +12.7% |
| 1981 | 41.06 SLC | +9.1% |
| 1982 | 44.09 SLC | +7.4% |
| 1983 | 45.64 SLC | +3.5% |
| 1984 | 47.51 SLC | +4.1% |
| 1985 | 49.27 SLC | +3.7% |
| 1986 | 50.47 SLC | +2.5% |
| 1987 | 51.92 SLC | +2.9% |
| 1988 | 54.06 SLC | +4.1% |
| 1989 | 56.63 SLC | +4.8% |
| 1990 | 59.46 SLC | +5.0% |
| 1991 | 62.45 SLC | +5.0% |
| 1992 | 64.34 SLC | +3.0% |
| 1993 | 66.29 SLC | +3.0% |
| 1994 | 68.03 SLC | +2.6% |
| 1995 | 69.94 SLC | +2.8% |
| 1996 | 71.89 SLC | +2.8% |
| 1997 | 71.67 SLC | -0.3% |
| 1998 | 73.58 SLC | +2.7% |
| 1999 | 75.43 SLC | +2.5% |
| 2000 | 74.58 SLC | -1.1% |
| 2001 | 74.34 SLC | -0.3% |
| 2002 | 77.33 SLC | +4.0% |
| 2003 | 78.07 SLC | +1.0% |
| 2004 | 79.64 SLC | +2.0% |
| 2005 | 81.04 SLC | +1.8% |
| 2006 | 83.86 SLC | +3.5% |
| 2007 | 85.15 SLC | +1.5% |
| 2008 | 89.81 SLC | +5.5% |
| 2009 | 89.39 SLC | -0.5% |
| 2010 | 90.25 SLC | +1.0% |
| 2011 | 96.88 SLC | +7.3% |
| 2012 | 102.89 SLC | +6.2% |
| 2013 | 102.33 SLC | -0.5% |
| 2014 | 103.33 SLC | +1.0% |
| 2015 | 100 SLC | -3.2% |
| 2016 | 107.52 SLC | +7.5% |
| 2017 | 110.18 SLC | +2.5% |
| 2018 | 109.04 SLC | -1.0% |
| 2019 | 104.1 SLC | -4.5% |
| 2020 | 110.45 SLC | +6.1% |
| 2021 | 117.29 SLC | +6.2% |
| 2022 | 120.52 SLC | +2.8% |
| 2023 | 128.37 SLC | +6.5% |
| 2024 | 135.05 SLC | +5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24.6 SLC | 19.42 SLC | 33.4 SLC | 10 |
| 1980s | 47.83 SLC | 37.63 SLC | 56.63 SLC | 10 |
| 1990s | 68.31 SLC | 59.46 SLC | 75.43 SLC | 10 |
| 2000s | 81.32 SLC | 74.34 SLC | 89.81 SLC | 10 |
| 2010s | 102.65 SLC | 90.25 SLC | 110.18 SLC | 10 |
| 2020s | 122.34 SLC | 110.45 SLC | 135.05 SLC | 5 |
Countries ranked near Marshall Islands
- 95 Central African Republic 135.41 SLC compare
- 96 Slovakia 135.38 SLC compare
- 97 Mauritius 135.29 SLC compare
- 99 Equatorial Guinea 134.97 SLC compare
- 100 Slovenia 134.16 SLC compare
- 101 United Kingdom of Great Britain and Northern Ireland 133.63 SLC compare
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Gdp worldbank constant usd, per capita 6,174 units per person (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7273 units per US$ of GDP (2025)
- External balance on goods and services as a percent of gdp -43.83 (2025)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0423 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 321 current LCU per person (2024)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Marshall Islands?
- Gdp deflator — value standard local currency, 2015 prices in Marshall Islands was 135.05 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Marshall Islands?
- The highest recorded value was 135.05 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Marshall Islands?
- The lowest recorded value was 19.42 SLC in 1973.
- How does Marshall Islands rank for gdp deflator — value standard local currency, 2015 prices?
- Marshall Islands ranks 98th out of 194 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Marshall Islands?
- Over the last ten years it is up 30.7%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).