Marshall Islands's GNI (constant 2015 US$) was US$271.86 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 24.57% from US$218.23 million in 2014 (2.22% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$271.86 million | 2024 |
| Five years earlier | US$285.34 million | 2019 |
| Ten years earlier | US$218.23 million | 2014 |
| Highest | US$288.56 million | 2020 |
| Lowest | US$198.31 million | 2008 |
| Average since 2015 | US$267.98 million | 2015–2024 |
| First recorded | US$212.27 million |
What the numbers say
In 2024, Marshall Islands' GNI (constant 2015 US$) rose 1% on 2023 (from US$269.15 million to US$271.86 million).
Across the 19 yearly changes before that (2005 to 2023), the average change was +1.4% and a typical year strayed about 4.7% 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 11% in 2015 and the biggest yearly fall was 9.8% 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 there is no clear straight-line trend: a straight line explains 26% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
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 47th 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.
| Value | Year | |
|---|---|---|
| Marshall Islands | US$271.86 million | 2024 |
| World | US$92.62 trillion | 2024 |
Closest to Marshall Islands in the 2024 ranking
What this measures
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 21 values
| Year | GNI (constant 2015 US$) |
|---|---|
| 2024 | 271,864,612 |
| 2023 | 269,151,514 |
| 2022 | 264,439,842 |
| 2021 | 269,440,601 |
| 2020 | 288,562,614 |
| 2019 | 285,335,484 |
| 2018 | 269,560,988 |
| 2017 | 263,964,884 |
| 2016 | 255,246,751 |
| 2015 | 242,200,000 |
| 2014 |
GNI (constant 2015 US$) in nearby economies
- Brunei Darussalam — US$14.52 billion (2025)
- Cambodia — US$41.03 billion (2025)
- Indonesia — US$1.25 trillion (2025)
- Japan — US$4.93 trillion (2024)
- Kiribati — US$455.5 million (2024)
- Korea, Rep. — US$1.91 trillion (2025)
- Lao PDR — US$15.66 billion (2016)
- Macao SAR, China — US$42.85 billion (2024)
- Malaysia — US$439.54 billion (2025)
- Mongolia — US$22 billion (2025)
- New Zealand — US$215.72 billion (2024)
- Palau
More economic policy & debt data for Marshall Islands
- GDP (current US$) — 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$364 million (2025)
- GNI (current LCU) — 364 million (2025)
- GNI per capita (current LCU)
Reading data like this
Questions people ask
- What is Marshall Islands's GNI (constant 2015 US$)?
- US$271.86 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2004?
- It is up 28.07% from US$212.27 million in 2004 (1.24% a year on average, compounded). The highest value was US$288.56 million in 2020 and the lowest US$198.31 million in 2008.
- How does Marshall Islands rank?
- 47th highest of 47 economies with data for 2024.
- Is the latest change in GNI (constant 2015 US$) unusual for Marshall Islands?
- In 2024, Marshall Islands' GNI (constant 2015 US$) rose 1% on 2023 (from US$269.15 million to US$271.86 million). Across the 19 yearly changes before that (2005 to 2023), the average change was +1.4% and a typical year strayed about 4.7% 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, 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.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in