Gross savings (current LCU), per unit of GDP in Marshall Islands
Marshall Islands: Gross savings (current LCU), per unit of GDP was 0.3809 current LCU per US$ of GDP in 2024. ▼ Falling
Gross savings (current LCU), per unit of GDP in Marshall Islands, 2005–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, gross savings (current lcu), per unit of gdp in Marshall Islands stood at 0.3809 current LCU per US$ of GDP. That is the highest value across all 20 years on record.
That represents a change of up 30.1% on the previous year and up 77.9% over ten years.
Over the whole period, gross savings (current lcu), per unit of gdp in Marshall Islands peaked at 0.3809 current LCU per US$ of GDP in 2024 and was at its lowest, 0.0545 current LCU per US$ of GDP, in 2019.
That places Marshall Islands 124th out of 178 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Gross savings (current LCU), per unit of GDP in Marshall Islands, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.2643 current LCU per US$ of GDP | — |
| 2006 | 0.2278 current LCU per US$ of GDP | -13.8% |
| 2007 | 0.2379 current LCU per US$ of GDP | +4.4% |
| 2008 | 0.2272 current LCU per US$ of GDP | -4.5% |
| 2009 | 0.2319 current LCU per US$ of GDP | +2.1% |
| 2010 | 0.247 current LCU per US$ of GDP | +6.5% |
| 2011 | 0.221 current LCU per US$ of GDP | -10.5% |
| 2012 | 0.1385 current LCU per US$ of GDP | -37.3% |
| 2013 | 0.1561 current LCU per US$ of GDP | +12.7% |
| 2014 | 0.2141 current LCU per US$ of GDP | +37.2% |
| 2015 | 0.274 current LCU per US$ of GDP | +28.0% |
| 2016 | 0.2387 current LCU per US$ of GDP | -12.9% |
| 2017 | 0.1006 current LCU per US$ of GDP | -57.9% |
| 2018 | 0.0618 current LCU per US$ of GDP | -38.6% |
| 2019 | 0.0545 current LCU per US$ of GDP | -11.8% |
| 2020 | 0.1513 current LCU per US$ of GDP | +177.6% |
| 2021 | 0.1146 current LCU per US$ of GDP | -24.2% |
| 2022 | 0.214 current LCU per US$ of GDP | +86.7% |
| 2023 | 0.2929 current LCU per US$ of GDP | +36.8% |
| 2024 | 0.3809 current LCU per US$ of GDP | +30.1% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.3809 current LCU per US$ of GDP is below the median for upper middle income countries, which is 3.51 current LCU per US$ of GDP, 11% of the median. (49 countries reporting)
- Marshall Islands's 0.3809 current LCU per US$ of GDP is below the median for East Asia & Pacific, which is 2.28 current LCU per US$ of GDP, 17% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2378 current LCU per US$ of GDP | 0.2272 current LCU per US$ of GDP | 0.2643 current LCU per US$ of GDP | 5 |
| 2010s | 0.1706 current LCU per US$ of GDP | 0.0545 current LCU per US$ of GDP | 0.274 current LCU per US$ of GDP | 10 |
| 2020s | 0.2307 current LCU per US$ of GDP | 0.1146 current LCU per US$ of GDP | 0.3809 current LCU per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 121 Bermuda 0.4342 current LCU per US$ of GDP compare
- 122 Belize 0.4067 current LCU per US$ of GDP compare
- 123 Azerbaijan 0.3989 current LCU per US$ of GDP compare
- 125 Seychelles 0.3691 current LCU per US$ of GDP compare
- 126 San Marino 0.3568 current LCU per US$ of GDP compare
- 127 Bosnia and Herzegovina 0.352 current LCU per US$ of GDP 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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.36 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 46.01 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0469 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 355.78 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 2.99 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.5453 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 4,139 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 2.99 % change on previous year (2024)
Frequently asked questions
- What is gross savings (current lcu), per unit of gdp in Marshall Islands?
- Gross savings (current lcu), per unit of gdp in Marshall Islands was 0.3809 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current lcu), per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 0.3809 current LCU per US$ of GDP in 2024.
- What is the lowest gross savings (current lcu), per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 0.0545 current LCU per US$ of GDP in 2019.
- How does Marshall Islands rank for gross savings (current lcu), per unit of gdp?
- Marshall Islands ranks 124th out of 178 countries with data for 2024.
- Is gross savings (current lcu), per unit of gdp rising or falling in Marshall Islands?
- Over the last ten years it is up 77.9%. The long-run trend across the full record is falling.
- Where does this Marshall Islands data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.