Personal remittances, received (current US$), per unit of GDP in Marshall Islands
Marshall Islands: Personal remittances, received (current US$), per unit of GDP was 0.2348 current US$ per US$ of GDP in 2024. ▲ Rising
Personal remittances, received (current US$), per unit of GDP in Marshall Islands, 2005–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, personal remittances, received (current us$), per unit of gdp in Marshall Islands stood at 0.2348 current US$ per US$ of GDP. That is the highest value across all 20 years on record.
The figure is up 5.3% on the previous year and up 67.4% over ten years.
Over the whole period, personal remittances, received (current us$), per unit of gdp in Marshall Islands peaked at 0.2348 current US$ per US$ of GDP in 2024 and was at its lowest, 0.1285 current US$ per US$ of GDP, in 2011.
Marshall Islands ranks 9th of 196 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Personal remittances, received (current US$), per unit of GDP in Marshall Islands, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.1721 current US$ per US$ of GDP | — |
| 2006 | 0.1815 current US$ per US$ of GDP | +5.5% |
| 2007 | 0.1671 current US$ per US$ of GDP | -8.0% |
| 2008 | 0.1573 current US$ per US$ of GDP | -5.8% |
| 2009 | 0.156 current US$ per US$ of GDP | -0.8% |
| 2010 | 0.1379 current US$ per US$ of GDP | -11.6% |
| 2011 | 0.1285 current US$ per US$ of GDP | -6.8% |
| 2012 | 0.1286 current US$ per US$ of GDP | +0.1% |
| 2013 | 0.1317 current US$ per US$ of GDP | +2.4% |
| 2014 | 0.1402 current US$ per US$ of GDP | +6.4% |
| 2015 | 0.1488 current US$ per US$ of GDP | +6.1% |
| 2016 | 0.1404 current US$ per US$ of GDP | -5.6% |
| 2017 | 0.1425 current US$ per US$ of GDP | +1.5% |
| 2018 | 0.143 current US$ per US$ of GDP | +0.3% |
| 2019 | 0.1393 current US$ per US$ of GDP | -2.5% |
| 2020 | 0.1383 current US$ per US$ of GDP | -0.7% |
| 2021 | 0.1319 current US$ per US$ of GDP | -4.7% |
| 2022 | 0.1994 current US$ per US$ of GDP | +51.2% |
| 2023 | 0.223 current US$ per US$ of GDP | +11.9% |
| 2024 | 0.2348 current US$ per US$ of GDP | +5.3% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.2348 current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.0372 current US$ per US$ of GDP, 6.3× the median. (57 countries reporting)
- Marshall Islands's 0.2348 current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.034 current US$ per US$ of GDP, 6.9× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, received (current US$), per unit of GDP in Marshall Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +51.2% | 0.1319 current US$ per US$ of GDP | 0.1994 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1668 current US$ per US$ of GDP | 0.156 current US$ per US$ of GDP | 0.1815 current US$ per US$ of GDP | 5 |
| 2010s | 0.1381 current US$ per US$ of GDP | 0.1285 current US$ per US$ of GDP | 0.1488 current US$ per US$ of GDP | 10 |
| 2020s | 0.1855 current US$ per US$ of GDP | 0.1319 current US$ per US$ of GDP | 0.2348 current US$ per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 6 Nicaragua 0.2663 current US$ per US$ of GDP compare
- 7 Nepal 0.2599 current US$ per US$ of GDP compare
- 8 Bermuda 0.2366 current US$ per US$ of GDP compare
- 10 Samoa 0.2237 current US$ per US$ of GDP compare
- 11 Gambia 0.22 current US$ per US$ of GDP compare
- 12 Liberia 0.2128 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, received (current us$), per unit of gdp in Marshall Islands?
- Personal remittances, received (current us$), per unit of gdp in Marshall Islands was 0.2348 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest personal remittances, received (current us$), per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 0.2348 current US$ per US$ of GDP in 2024.
- What is the lowest personal remittances, received (current us$), per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 0.1285 current US$ per US$ of GDP in 2011.
- How does Marshall Islands rank for personal remittances, received (current us$), per unit of gdp?
- Marshall Islands ranks 9th out of 196 countries with data for 2024.
- Is personal remittances, received (current us$), per unit of gdp rising or falling in Marshall Islands?
- Over the last ten years it is up 67.4%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from Statizoid (derived), published as part of Personal remittances, received (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Personal remittances, received (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, received (current US$) ÷ GDP (current US$)
Computed from
- Personal remittances, received IMF balance of payments data, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, received (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.