Gross domestic savings (current US$) in Marshall Islands
Marshall Islands: Gross domestic savings (current US$) was -68.44 million current US$ 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 US$.
Analysis
In 2024, gross domestic savings in Marshall Islands stood at -68.44 million current US$.
Compared with earlier readings it 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 US$ in 2004 and was at its lowest, -95.74 million current US$, in 2019.
That places Marshall Islands 163rd out of 188 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Gross domestic savings (current US$) in Marshall Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 2004 | -54.27 million current US$ | — |
| 2005 | -62.06 million current US$ | +14.3% |
| 2006 | -59.64 million current US$ | -3.9% |
| 2007 | -67.40 million current US$ | +13.0% |
| 2008 | -71.45 million current US$ | +6.0% |
| 2009 | -64.96 million current US$ | -9.1% |
| 2010 | -56.24 million current US$ | -13.4% |
| 2011 | -56.44 million current US$ | +0.4% |
| 2012 | -57.40 million current US$ | +1.7% |
| 2013 | -62.66 million current US$ | +9.2% |
| 2014 | -55.79 million current US$ | -11.0% |
| 2015 | -61.69 million current US$ | +10.6% |
| 2016 | -59.03 million current US$ | -4.3% |
| 2017 | -67.14 million current US$ | +13.7% |
| 2018 | -77.27 million current US$ | +15.1% |
| 2019 | -95.74 million current US$ | +23.9% |
| 2020 | -76.22 million current US$ | -20.4% |
| 2021 | -69.50 million current US$ | -8.8% |
| 2022 | -88.15 million current US$ | +26.8% |
| 2023 | -74.11 million current US$ | -15.9% |
| 2024 | -68.44 million current US$ | -7.6% |
Marshall Islands compared with similar countries
- Marshall Islands's -68.44 million current US$ is below the median for upper middle income countries, which is 11.36 billion current US$. (52 countries reporting)
- Marshall Islands's -68.44 million current US$ is below the median for East Asia & Pacific, which is 8.60 billion current US$. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -63.30 million current US$ | -71.45 million current US$ | -54.27 million current US$ | 6 |
| 2010s | -64.94 million current US$ | -95.74 million current US$ | -55.79 million current US$ | 10 |
| 2020s | -75.29 million current US$ | -88.15 million current US$ | -68.44 million current US$ | 5 |
Countries ranked near Marshall Islands
More economy & growth data for Marshall Islands
- Real gdp growth, annual growth rate 157.02 % change on previous year (2024)
- 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)
Frequently asked questions
- What is gross domestic savings in Marshall Islands?
- Gross domestic savings in Marshall Islands was -68.44 million current US$ 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 US$ in 2004.
- What is the lowest gross domestic savings recorded in Marshall Islands?
- The lowest recorded value was -95.74 million current US$ in 2019.
- How does Marshall Islands rank for gross domestic savings?
- Marshall Islands ranks 163rd 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 US$). 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 indicator is expressed in United States dollars.