Gross savings (current US$) in Marshall Islands
Marshall Islands: Gross savings (current US$) was 108.55 million current US$ in 2024. ◆ Volatile
Gross savings in Marshall Islands, 2005–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Marshall Islands recorded 108.55 million current US$ for gross savings in 2024. That is the highest value across all 20 years on record.
That represents a change of up 40.4% on the previous year and up 172.6% over ten years.
Over the whole period, gross savings in Marshall Islands peaked at 108.55 million current US$ in 2024 and was at its lowest, 12.69 million current US$, in 2019.
Marshall Islands ranks 169th of 178 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current US$) in Marshall Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 2005 | 36.47 million current US$ | — |
| 2006 | 32.62 million current US$ | -10.6% |
| 2007 | 35.81 million current US$ | +9.8% |
| 2008 | 33.31 million current US$ | -7.0% |
| 2009 | 35.06 million current US$ | +5.3% |
| 2010 | 39.79 million current US$ | +13.5% |
| 2011 | 38.08 million current US$ | -4.3% |
| 2012 | 25.03 million current US$ | -34.3% |
| 2013 | 29.09 million current US$ | +16.2% |
| 2014 | 39.82 million current US$ | +36.9% |
| 2015 | 50.34 million current US$ | +26.4% |
| 2016 | 48.17 million current US$ | -4.3% |
| 2017 | 21.50 million current US$ | -55.4% |
| 2018 | 13.59 million current US$ | -36.8% |
| 2019 | 12.69 million current US$ | -6.6% |
| 2020 | 36.58 million current US$ | +188.2% |
| 2021 | 29.95 million current US$ | -18.1% |
| 2022 | 55.38 million current US$ | +84.9% |
| 2023 | 77.31 million current US$ | +39.6% |
| 2024 | 108.55 million current US$ | +40.4% |
Marshall Islands compared with similar countries
- Marshall Islands's 108.55 million current US$ is below the median for upper middle income countries, which is 13.86 billion current US$, 1% of the median. (49 countries reporting)
- Marshall Islands's 108.55 million current US$ is below the median for East Asia & Pacific, which is 6.81 billion current US$, 2% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 34.66 million current US$ | 32.62 million current US$ | 36.47 million current US$ | 5 |
| 2010s | 31.81 million current US$ | 12.69 million current US$ | 50.34 million current US$ | 10 |
| 2020s | 61.55 million current US$ | 29.95 million current US$ | 108.55 million current US$ | 5 |
Countries ranked near Marshall Islands
- 166 Central African Republic 128.46 million current US$
- 167 Tonga 118.02 million current US$ compare
- 168 Eritrea 111.75 million current US$
- 170 Vanuatu 82.41 million current US$ compare
- 171 Seychelles 62.32 million current US$ compare
- 172 Kiribati 44.11 million current US$ compare
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 savings in Marshall Islands?
- Gross savings in Marshall Islands was 108.55 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Marshall Islands?
- The highest recorded value was 108.55 million current US$ in 2024.
- What is the lowest gross savings recorded in Marshall Islands?
- The lowest recorded value was 12.69 million current US$ in 2019.
- How does Marshall Islands rank for gross savings?
- Marshall Islands ranks 169th out of 178 countries with data for 2024.
- Is gross savings rising or falling in Marshall Islands?
- Over the last ten years it is up 172.6%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.