Gross domestic savings (current LCU) in Marshall Islands
Marshall Islands: Gross domestic savings (current LCU) was -68.44 million current LCU in 2024. ▼ Falling
Gross domestic savings in Marshall Islands, 2004–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Marshall Islands recorded -68.44 million current LCU for gross domestic savings in 2024.
The figure is up 7.6% on the previous year and down 22.7% over ten years.
Over the whole period, gross domestic savings in Marshall Islands peaked at -54.27 million current LCU in 2004 and was at its lowest, -95.74 million current LCU, in 2019.
That places Marshall Islands 161st out of 188 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Gross domestic savings (current LCU) in Marshall Islands, year by year
| Year | current LCU | Change |
|---|---|---|
| 2004 | -54.27 million current LCU | — |
| 2005 | -62.06 million current LCU | +14.3% |
| 2006 | -59.64 million current LCU | -3.9% |
| 2007 | -67.40 million current LCU | +13.0% |
| 2008 | -71.45 million current LCU | +6.0% |
| 2009 | -64.96 million current LCU | -9.1% |
| 2010 | -56.24 million current LCU | -13.4% |
| 2011 | -56.44 million current LCU | +0.4% |
| 2012 | -57.40 million current LCU | +1.7% |
| 2013 | -62.66 million current LCU | +9.2% |
| 2014 | -55.79 million current LCU | -11.0% |
| 2015 | -61.69 million current LCU | +10.6% |
| 2016 | -59.03 million current LCU | -4.3% |
| 2017 | -67.14 million current LCU | +13.7% |
| 2018 | -77.27 million current LCU | +15.1% |
| 2019 | -95.74 million current LCU | +23.9% |
| 2020 | -76.22 million current LCU | -20.4% |
| 2021 | -69.50 million current LCU | -8.8% |
| 2022 | -88.15 million current LCU | +26.8% |
| 2023 | -74.11 million current LCU | -15.9% |
| 2024 | -68.44 million current LCU | -7.6% |
Marshall Islands compared with similar countries
- Marshall Islands's -68.44 million current LCU is below the median for upper middle income countries, which is 263.83 billion current LCU. (52 countries reporting)
- Marshall Islands's -68.44 million current LCU is below the median for East Asia & Pacific, which is 241.14 billion current LCU. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -63.30 million current LCU | -71.45 million current LCU | -54.27 million current LCU | 6 |
| 2010s | -64.94 million current LCU | -95.74 million current LCU | -55.79 million current LCU | 10 |
| 2020s | -75.29 million current LCU | -88.15 million current LCU | -68.44 million current LCU | 5 |
Countries ranked near Marshall Islands
- 158 Samoa 310.11 million current LCU compare
- 159 Montenegro 105.10 million current LCU compare
- 160 Palau -41.59 million current LCU compare
- 162 United States Virgin Islands -155.00 million current LCU compare
- 163 Tonga -303.53 million current LCU compare
- 164 Kiribati -326.70 million current LCU compare
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.97 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0342 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 290.63 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0384 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.025 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 212.21 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0202 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic savings in Marshall Islands?
- Gross domestic savings in Marshall Islands was -68.44 million current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Marshall Islands?
- The highest recorded value was -54.27 million current LCU in 2004.
- What is the lowest gross domestic savings recorded in Marshall Islands?
- The lowest recorded value was -95.74 million current LCU in 2019.
- How does Marshall Islands rank for gross domestic savings?
- Marshall Islands ranks 161st out of 188 countries with data for 2024.
- Is gross domestic savings rising or falling in Marshall Islands?
- Over the last ten years it is down 22.7%. The long-run trend across the full record is falling.
- Where does this Marshall Islands data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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.