Gross savings in Marshall Islands
Marshall Islands: Gross savings was 32.2% in 2024. ▬ Flat
Gross savings in Marshall Islands, 2005–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GNI.
Analysis
The most recent figure for gross savings in Marshall Islands is 32.2%, measured in 2024. That is the highest value across all 20 years on record.
The figure is up 31.9% on the previous year and up 83.9% over ten years.
Over the whole period, gross savings in Marshall Islands peaked at 32.2% in 2024 and was at its lowest, 4.5%, in 2019.
That places Marshall Islands 33rd out of 177 countries with data for 2024, putting it in the top quarter.
Gross savings in Marshall Islands, year by year
| Year | % of GNI | Change |
|---|---|---|
| 2005 | 20.4% | — |
| 2006 | 18.0% | -11.7% |
| 2007 | 18.7% | +3.8% |
| 2008 | 17.6% | -5.8% |
| 2009 | 18.3% | +4.2% |
| 2010 | 20.2% | +9.9% |
| 2011 | 18.3% | -9.4% |
| 2012 | 12.0% | -34.5% |
| 2013 | 13.1% | +9.6% |
| 2014 | 17.5% | +33.3% |
| 2015 | 20.8% | +18.8% |
| 2016 | 18.9% | -9.3% |
| 2017 | 8.2% | -56.4% |
| 2018 | 5.1% | -38.4% |
| 2019 | 4.5% | -11.5% |
| 2020 | 12.7% | +183.6% |
| 2021 | 10.5% | -17.8% |
| 2022 | 18.7% | +79.0% |
| 2023 | 24.4% | +30.1% |
| 2024 | 32.2% | +31.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.6% | 17.6% | 20.4% | 5 |
| 2010s | 13.8% | 4.5% | 20.8% | 10 |
| 2020s | 19.7% | 10.5% | 32.2% | 5 |
Countries ranked near Marshall Islands
- 30 Papua New Guinea 33.6%
- 31 Bangladesh 33.0% compare
- 32 Botswana 32.6% compare
- 34 Iraq 31.9% compare
- 35 Kazakhstan 31.5% compare
- 36 Benin 30.6% compare
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- External balance on goods and services as a percent of GDP -43.8% (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- Gdp worldbank constant usd, per capita 6,174 units per person (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7273 units per US$ of GDP (2025)
- GDP per capita 6,174 constant 2015 US$ (2025)
- Exports of goods and services 36.0% (2025)
Frequently asked questions
- What is gross savings in Marshall Islands?
- Gross savings in Marshall Islands was 32.2% 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 32.2% in 2024.
- What is the lowest gross savings recorded in Marshall Islands?
- The lowest recorded value was 4.5% in 2019.
- How does Marshall Islands rank for gross savings?
- Marshall Islands ranks 33rd out of 177 countries with data for 2024.
- Is gross savings rising or falling in Marshall Islands?
- Over the last ten years it is up 83.9%. The long-run trend across the full record is flat.
- 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 (% of GNI). 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 as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.