GNI, PPP in Marshall Islands
Marshall Islands: GNI, PPP was 324.02 million constant 2021 international $ in 2024. ▲ Rising
GNI, PPP in Marshall Islands, 1997–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
Marshall Islands recorded 324.02 million constant 2021 international $ for gni, ppp in 2024.
The figure is up 3.7% on the previous year and up 21.7% over ten years.
Over the whole period, gni, ppp in Marshall Islands peaked at 335.12 million constant 2021 international $ in 2019 and was at its lowest, 219.40 million constant 2021 international $, in 1997.
That places Marshall Islands 158th out of 158 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 28 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 226.16 million constant 2021 international $ | 219.40 million constant 2021 international $ | 231.84 million constant 2021 international $ | 3 |
| 2000s | 253.88 million constant 2021 international $ | 237.01 million constant 2021 international $ | 267.74 million constant 2021 international $ | 10 |
| 2010s | 281.01 million constant 2021 international $ | 247.20 million constant 2021 international $ | 335.12 million constant 2021 international $ | 10 |
| 2020s | 314.92 million constant 2021 international $ | 305.51 million constant 2021 international $ | 325.87 million constant 2021 international $ | 5 |
Countries ranked near Marshall Islands
More economy & growth data for Marshall Islands
- Exports of goods and services 18.7% (2024)
- Gross national expenditure 413.62 million current LCU (2024)
- Gross national expenditure 326.93 million constant 2015 US$ (2024)
- Industry (including construction), value added 28.56 million constant LCU (2024)
- Gross national expenditure 145.1% (2024)
- Exports of goods and services 111.00 million current US$ (2025)
- Exports of goods and services 111.00 million current LCU (2025)
- Exports of goods and services 90.49 million constant 2015 US$ (2024)
- Gross fixed capital formation 60.68 million constant 2015 US$ (2024)
- Gross fixed capital formation 65.14 million current LCU (2024)
Frequently asked questions
- What is gni, ppp in Marshall Islands?
- Gni, ppp in Marshall Islands was 324.02 million constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gni, ppp recorded in Marshall Islands?
- The highest recorded value was 335.12 million constant 2021 international $ in 2019.
- What is the lowest gni, ppp recorded in Marshall Islands?
- The lowest recorded value was 219.40 million constant 2021 international $ in 1997.
- How does Marshall Islands rank for gni, ppp?
- Marshall Islands ranks 158th out of 158 countries with data for 2024.
- Is gni, ppp rising or falling in Marshall Islands?
- Over the last ten years it is up 21.7%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GNI, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This indicator provides values for gross national income (GNI) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.