Marshall Islands: GNI (annual % growth)

Key figures

What the numbers say

In 2024, Marshall Islands' GNI (annual % growth) fell 0.77 percentage points on 2023 (from 1.78% to 1.01%).

Across the 18 yearly changes before that (2006 to 2023), the average change was −0.07 percentage points and a typical year strayed about 7.07 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 13.78 percentage points in 2009 and the biggest yearly fall was 13.71 percentage points in 2008. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is downward, about 1.04 percentage points a year. A straight line explains 45% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Marshall Islands had the 33rd highest value of the 47 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Marshall Islands in the 2024 ranking

• Estonia — 29th of 47: 1.35%
• Lebanon — 30th of 47: 1.34%
• Belgium — 31st of 47: 1.31%
• Latvia — 33rd of 47: 1%
• France — 34th of 47: 0.98%
• Oman — 35th of 47: 0.9%

What this measures

Gross national income 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. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 20 values

GNI (annual % growth) in nearby economies

• Brunei Darussalam — -1.3% (2025)
• Cambodia — 5.23% (2025)
• Indonesia — 5.02% (2025)
• Japan — 0.64% (2024)
• Kiribati — 3.27% (2024)
• Korea, Rep. — 2.11% (2025)
• Lao PDR — 13.62% (2016)
• Macao SAR, China — 9.97% (2024)
• Malaysia — 6.49% (2025)
• Mongolia — 8.4% (2025)
• New Zealand — 0.26% (2024)
• Palau — 10.39% (2024)

More economic policy & debt data for Marshall Islands

• GDP (current US$) — US$308 million (2025)
• GDP (current LCU) — 308 million (2025)
• GDP (constant 2015 US$) — US$224 million (2025)
• GDP (constant LCU) — 224 million (2025)
• GDP per capita (current US$) — US$8,489 (2025)
• GDP per capita (current LCU) — 8,489 (2025)
• GDP per capita (constant 2015 US$) — US$6,174 (2025)
• GDP per capita (constant LCU) — 6,174 (2025)
• GNI (current US$) — US$364 million (2025)
• GNI (current LCU) — 364 million (2025)
• GNI per capita (current LCU)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Marshall Islands's GNI (annual % growth)?

1.01% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2005?

It is down 1.97 percentage points from 2.98% in 2005. The highest value was 10.98% in 2015 and the lowest -9.81% in 2008.

How does Marshall Islands rank?

33rd highest of 47 economies with data for 2024.

Is the latest change in GNI (annual % growth) unusual for Marshall Islands?

In 2024, Marshall Islands' GNI (annual % growth) fell 0.77 percentage points on 2023 (from 1.78% to 1.01%). Across the 18 yearly changes before that (2006 to 2023), the average change was −0.07 percentage points and a typical year strayed about 7.07 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NY.GNP.MKTP.KD.ZG, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.