Marshall Islands vs Solomon Islands: Gross savings
Gross savings over time
- Marshall Islands
- Solomon Islands
How they compare
Solomon Islands currently reports 144.75 million current LCU against 108.55 million current LCU in Marshall Islands, a difference of 36.20 million current LCU.
That makes Solomon Islands's figure about 1.3 times Marshall Islands's.
Across all 20 years both countries report, Solomon Islands has been ahead every year.
Marshall Islands ranks 170th and Solomon Islands ranks 169th of 177 countries.
Solomon Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Marshall Islands | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 34.66 million current LCU | 615.80 million current LCU | 581.15 million current LCU | Solomon Islands |
| 2010s | 31.81 million current LCU | 1.40 billion current LCU | 1.37 billion current LCU | Solomon Islands |
| 2020s | 61.55 million current LCU | 1.40 billion current LCU | 1.34 billion current LCU | Solomon Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Marshall Islands or Solomon Islands?
- Solomon Islands, at 144.75 million current LCU against 108.55 million current LCU in Marshall Islands as of 2024.
- What is the difference in gross savings between Marshall Islands and Solomon Islands?
- 36.20 million current LCU, with Solomon Islands ahead.
- How many years of comparable data are there for Marshall Islands and Solomon Islands?
- 20 years are reported by both, from 2005 to 2024.
- How do Marshall Islands and Solomon Islands rank globally for gross savings?
- Marshall Islands ranks 170th and Solomon Islands ranks 169th of 177 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.