Gross domestic savings in Marshall Islands
Marshall Islands: Gross domestic savings was -24.0% in 2024. ▲ Rising
Gross domestic savings in Marshall Islands, 2004–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross domestic savings in Marshall Islands is -24.0%, measured in 2024. That is the highest value across all 21 years on record.
That represents a change of up 14.4% on the previous year and up 19.9% over ten years.
Over the whole period, gross domestic savings in Marshall Islands peaked at -24.0% in 2024 and was at its lowest, -48.7%, in 2008.
Marshall Islands ranks 180th of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Gross domestic savings in Marshall Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2004 | -40.8% | — |
| 2005 | -45.0% | +10.1% |
| 2006 | -41.6% | -7.4% |
| 2007 | -44.8% | +7.5% |
| 2008 | -48.7% | +8.8% |
| 2009 | -43.0% | -11.8% |
| 2010 | -34.9% | -18.8% |
| 2011 | -32.8% | -6.2% |
| 2012 | -31.8% | -3.0% |
| 2013 | -33.6% | +5.8% |
| 2014 | -30.0% | -10.8% |
| 2015 | -33.6% | +12.0% |
| 2016 | -29.3% | -12.9% |
| 2017 | -31.4% | +7.4% |
| 2018 | -35.1% | +11.8% |
| 2019 | -41.1% | +17.0% |
| 2020 | -31.5% | -23.3% |
| 2021 | -26.6% | -15.6% |
| 2022 | -34.1% | +28.1% |
| 2023 | -28.1% | -17.6% |
| 2024 | -24.0% | -14.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -44.0% | -48.7% | -40.8% | 6 |
| 2010s | -33.4% | -41.1% | -29.3% | 10 |
| 2020s | -28.9% | -34.1% | -24.0% | 5 |
Countries ranked near Marshall Islands
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)
- Final consumption expenditure (constant 2015 US$), per capita 7,204 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 6.33 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1.45 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 11,016 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 6.33 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 1.45 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 11,016 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate -0.2137 % change on previous year (2024)
Frequently asked questions
- What is gross domestic savings in Marshall Islands?
- Gross domestic savings in Marshall Islands was -24.0% 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 -24.0% in 2024.
- What is the lowest gross domestic savings recorded in Marshall Islands?
- The lowest recorded value was -48.7% in 2008.
- How does Marshall Islands rank for gross domestic savings?
- Marshall Islands ranks 180th 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 up 19.9%. The long-run trend across the full record is rising.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.