Gross national savings — all countries

Gross national savings — Marshall Islands

Gross national savings in the Marshall Islands in 2024 — 38.1%. Ranked 11 in the world out of 146. Since 2005, the indicator has risen by 11.7 pp.

2024 38.1% +8.8 pp vs 2023
World rank 11of 146
Period maximum 38.1%2024
Period minimum 5.4%2019

Trend over time

2005–2024 · % of GDP

Gross national savings — Marshall Islands, 2005–2024010203040200520072009201120132015201720192021202320242005: 26.4%2006: 22.8%2007: 23.8%2008: 22.7%2009: 23.2%2010: 24.7%2011: 22.1%2012: 13.9%2013: 15.6%2014: 21.4%2015: 27.4%2016: 23.9%2017: 10.1%2018: 6.2%2019: 5.4%2020: 15.1%2021: 11.5%2022: 21.4%2023: 29.3%2024: 38.1%
Change over the period: +11.7 pp Annual average: 0.61 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Marshall Islands

Marshall Islands 38.1%
World 26.1%
Gross national savings — Marshall Islands, by year Marshall Islands All countries CSV XLSX
Year % Change, pp
2024 38.1 +8.8 pp
2023 29.3 +7.9 pp
2022 21.4 +9.9 pp
2021 11.5 −3.7 pp
2020 15.1 +9.7 pp
2019 5.4 −0.7 pp
2018 6.2 −3.9 pp
2017 10.1 −13.8 pp
2016 23.9 −3.5 pp
2015 27.4 +6 pp
2014 21.4 +5.8 pp
2013 15.6 +1.8 pp
2012 13.9 −8.3 pp
2011 22.1 −2.6 pp
2010 24.7 +1.5 pp
2009 23.2 +0.5 pp
2008 22.7 −1.1 pp
2007 23.8 +1 pp
2006 22.8 −3.6 pp
2005 26.4

Micronesia, 2024

The same indicator for neighboring countries — with links to their pages

MH Marshall Islands 38.1 KI Kiribati 12.9

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

Source: World Development Indicators (World Bank), license CC BY 4.0.