Remittances in Marshall Islands
Marshall Islands: Remittances was 23.48 in 2024. ▲ Rising
Remittances in Marshall Islands, 2005–2024
Source: Our World in Data.
Analysis
In 2024, remittances in Marshall Islands stood at 23.48. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 5.3% on the previous year and up 67.4% over ten years.
Over the whole period, remittances in Marshall Islands peaked at 23.48 in 2024 and was at its lowest, 12.85, in 2011.
Marshall Islands ranks 9th of 194 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Remittances in Marshall Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 17.21 | — |
| 2006 | 18.15 | +5.5% |
| 2007 | 16.71 | -8.0% |
| 2008 | 15.73 | -5.8% |
| 2009 | 15.6 | -0.8% |
| 2010 | 13.79 | -11.6% |
| 2011 | 12.85 | -6.8% |
| 2012 | 12.86 | +0.1% |
| 2013 | 13.17 | +2.4% |
| 2014 | 14.02 | +6.4% |
| 2015 | 14.88 | +6.1% |
| 2016 | 14.04 | -5.6% |
| 2017 | 14.25 | +1.5% |
| 2018 | 14.3 | +0.3% |
| 2019 | 13.93 | -2.5% |
| 2020 | 13.83 | -0.7% |
| 2021 | 13.19 | -4.7% |
| 2022 | 19.94 | +51.2% |
| 2023 | 22.3 | +11.9% |
| 2024 | 23.48 | +5.3% |
Marshall Islands compared with similar countries
- Marshall Islands's 23.48 is above the median for upper middle income countries, which is 3.62, 6.5× the median. (56 countries reporting)
- Marshall Islands's 23.48 is above the median for East Asia & Pacific, which is 3.4, 6.9× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Remittances in Marshall Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +51.2% | 13.19 | 19.94 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.68 | 15.6 | 18.15 | 5 |
| 2010s | 13.81 | 12.85 | 14.88 | 10 |
| 2020s | 18.55 | 13.19 | 23.48 | 5 |
Countries ranked near Marshall Islands
More reference data data for Marshall Islands
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) (AR5) - IPCC Agriculture 0 (2019)
- Urban vs rural majority, annual growth rate 0.4736 % change on previous year (2025)
- Urban vs rural majority, per unit of GDP 0 units per US$ of GDP (2025)
- Political opposition, annual growth rate 0 % change on previous year (2025)
- Elected parliament and government, annual growth rate 0 % change on previous year (2025)
- Global number of reported disasters by size, gaps filled 0 events (2024)
Frequently asked questions
- What is remittances in Marshall Islands?
- Remittances in Marshall Islands was 23.48 in 2024, according to Our World in Data.
- What is the highest remittances recorded in Marshall Islands?
- The highest recorded value was 23.48 in 2024.
- What is the lowest remittances recorded in Marshall Islands?
- The lowest recorded value was 12.85 in 2011.
- How does Marshall Islands rank for remittances?
- Marshall Islands ranks 9th out of 194 countries with data for 2024.
- Is remittances rising or falling in Marshall Islands?
- Over the last ten years it is up 67.4%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (Our World in Data).