Personal remittances, paid (current US$), per unit of GDP in Marshall Islands
Marshall Islands: Personal remittances, paid (current US$), per unit of GDP was 0.0557 current US$ per US$ of GDP in 2024. ◆ Volatile
Personal remittances, paid (current US$), per unit of GDP in Marshall Islands, 2005–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Marshall Islands recorded 0.0557 current US$ per US$ of GDP for personal remittances, paid (current us$), per unit of gdp in 2024.
That represents a change of up 3.0% on the previous year and down 56.5% over ten years.
Over the whole period, personal remittances, paid (current us$), per unit of gdp in Marshall Islands peaked at 0.1281 current US$ per US$ of GDP in 2014 and was at its lowest, 0.0252 current US$ per US$ of GDP, in 2005.
Marshall Islands ranks 17th of 195 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, paid (current US$), per unit of GDP in Marshall Islands, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.0252 current US$ per US$ of GDP | — |
| 2006 | 0.0253 current US$ per US$ of GDP | +0.4% |
| 2007 | 0.0255 current US$ per US$ of GDP | +1.1% |
| 2008 | 0.0278 current US$ per US$ of GDP | +8.7% |
| 2009 | 0.0293 current US$ per US$ of GDP | +5.6% |
| 2010 | 0.0489 current US$ per US$ of GDP | +66.9% |
| 2011 | 0.0536 current US$ per US$ of GDP | +9.6% |
| 2012 | 0.1279 current US$ per US$ of GDP | +138.7% |
| 2013 | 0.1269 current US$ per US$ of GDP | -0.8% |
| 2014 | 0.1281 current US$ per US$ of GDP | +0.9% |
| 2015 | 0.1004 current US$ per US$ of GDP | -21.6% |
| 2016 | 0.0964 current US$ per US$ of GDP | -4.0% |
| 2017 | 0.1065 current US$ per US$ of GDP | +10.5% |
| 2018 | 0.108 current US$ per US$ of GDP | +1.4% |
| 2019 | 0.0689 current US$ per US$ of GDP | -36.2% |
| 2020 | 0.0731 current US$ per US$ of GDP | +6.1% |
| 2021 | 0.0519 current US$ per US$ of GDP | -29.1% |
| 2022 | 0.0507 current US$ per US$ of GDP | -2.2% |
| 2023 | 0.0541 current US$ per US$ of GDP | +6.7% |
| 2024 | 0.0557 current US$ per US$ of GDP | +3.0% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.0557 current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.0083 current US$ per US$ of GDP, 6.7× the median. (54 countries reporting)
- Marshall Islands's 0.0557 current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.0086 current US$ per US$ of GDP, 6.5× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, paid (current US$), per unit of GDP in Marshall Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +138.7% | 0.0536 current US$ per US$ of GDP | 0.1279 current US$ per US$ of GDP |
| 2010 | +66.9% | 0.0293 current US$ per US$ of GDP | 0.0489 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0266 current US$ per US$ of GDP | 0.0252 current US$ per US$ of GDP | 0.0293 current US$ per US$ of GDP | 5 |
| 2010s | 0.0966 current US$ per US$ of GDP | 0.0489 current US$ per US$ of GDP | 0.1281 current US$ per US$ of GDP | 10 |
| 2020s | 0.0571 current US$ per US$ of GDP | 0.0507 current US$ per US$ of GDP | 0.0731 current US$ per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 14 Sint Maarten (Dutch part) 0.0618 current US$ per US$ of GDP compare
- 15 Bahrain 0.0563 current US$ per US$ of GDP compare
- 16 Qatar 0.0559 current US$ per US$ of GDP compare
- 18 Micronesia, Federated States of 0.0548 current US$ per US$ of GDP compare
- 19 Macau, China 0.0496 current US$ per US$ of GDP compare
- 20 Saudi Arabia 0.046 current US$ 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 personal remittances, paid (current us$), per unit of gdp in Marshall Islands?
- Personal remittances, paid (current us$), per unit of gdp in Marshall Islands was 0.0557 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 0.1281 current US$ per US$ of GDP in 2014.
- What is the lowest personal remittances, paid (current us$), per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 0.0252 current US$ per US$ of GDP in 2005.
- How does Marshall Islands rank for personal remittances, paid (current us$), per unit of gdp?
- Marshall Islands ranks 17th out of 195 countries with data for 2024.
- Is personal remittances, paid (current us$), per unit of gdp rising or falling in Marshall Islands?
- Over the last ten years it is down 56.5%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from Statizoid (derived), published as part of Personal remittances, paid (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, paid (current US$) ÷ GDP (current US$)
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.