Marshall Islands's primary income payments (BoP, current US$) was US$57.24 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 98.75% from US$28.8 million in 2014 (7.11% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$57.24 million | 2024 |
| Five years earlier | US$22.25 million | 2019 |
| Ten years earlier | US$28.8 million | 2014 |
| Highest | US$60.39 million | 2012 |
| Lowest | US$10.54 million | 2005 |
| Average since 2015 | US$29.88 million | 2015–2024 |
| First recorded | US$10.54 million |
What the numbers say
In 2024, Marshall Islands' primary income payments (BoP, current US$) rose 17% on 2023 (from US$48.93 million to US$57.24 million).
Across the 18 yearly changes before that (2006 to 2023), the average change was +25.9% and a typical year strayed about 88.3% 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 311.2% in 2022 and the biggest yearly fall was 47% in 2021. 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 upward, about US$3.75 million a year. A straight line explains 54% 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 27th highest value of the 29 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$57.24 million | 2024 |
| World | US$7.99 trillion | 2024 |
| East Asia & Pacific | US$1.57 trillion | 2024 |
| Upper middle income | US$1.03 trillion | 2025 |
Closest to Marshall Islands in the 2024 ranking
- Solomon Islands — 24th of 29: US$67.18 million
- Guinea-Bissau — 25th of 29: US$64.68 million
- Sierra Leone — 26th of 29: US$58.22 million
- Haiti — 28th of 29: US$28.24 million
- Naoero — 29th of 29: US$12.76 million
What this measures
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 20 values
| Year | Primary income payments (BoP, current US$) |
|---|---|
| 2024 | 57,240,117 |
| 2023 | 48,931,728 |
| 2022 | 47,962,650 |
| 2021 | 11,664,834 |
| 2020 | 22,015,479 |
| 2019 | 22,251,481 |
| 2018 | 25,689,288 |
| 2017 | 22,430,187 |
| 2016 | 20,810,580 |
| 2015 | 19,788,583 |
| 2014 |
Primary income payments (BoP, current US$) in nearby economies
- Australia — US$125.89 billion (2025)
- Brunei Darussalam — US$513.4 million (2025)
- Cambodia — US$1.59 billion (2025)
- China — US$452.23 billion (2025)
- Fiji — US$471.15 million (2024)
- French Polynesia — US$82.02 million (2016)
- Hong Kong SAR, China — US$245.04 billion (2025)
- Indonesia — US$47.3 billion (2025)
- Japan — US$176.57 billion (2025)
- Kiribati — US$7.13 million (2025)
More economic policy & debt data for Marshall Islands
- GDP (current US$) — 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$364 million (2025)
- GNI (current LCU) — 364 million (2025)
- GNI per capita (current LCU)
Reading data like this
Questions people ask
- What is Marshall Islands's primary income payments (BoP, current US$)?
- US$57.24 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is up 443.18% from US$10.54 million in 2005 (9.32% a year on average, compounded). The highest value was US$60.39 million in 2012 and the lowest US$10.54 million in 2005.
- How does Marshall Islands rank?
- 27th highest of 29 economies with data for 2024.
- Is the latest change in primary income payments (BoP, current US$) unusual for Marshall Islands?
- In 2024, Marshall Islands' primary income payments (BoP, current US$) rose 17% on 2023 (from US$48.93 million to US$57.24 million). Across the 18 yearly changes before that (2006 to 2023), the average change was +25.9% and a typical year strayed about 88.3% 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 BM.GSR.FCTY.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) 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