Money sent or brought back by migrants as a share of GDP in Marshall Islands

Marshall Islands: Money sent or brought back by migrants as a share of GDP was 23.5% in 2024. ▲ Rising

Latest (2024)
23.5%
Change on year
up 5.3%
World rank
9th
of 194 countries
All-time high
23.5%
in 2024
All-time low
12.9%
in 2011
Years of data
20
2005–2024

Money sent or brought back by migrants as a share of GDP in Marshall Islands, 2005–2024

05101520252005201420242005: 17.2 % of GDP2006: 18.2 % of GDP2007: 16.7 % of GDP2008: 15.7 % of GDP2009: 15.6 % of GDP2010: 13.8 % of GDP2011: 12.9 % of GDP2012: 12.9 % of GDP2013: 13.2 % of GDP2014: 14 % of GDP2015: 14.9 % of GDP2016: 14 % of GDP2017: 14.2 % of GDP2018: 14.3 % of GDP2019: 13.9 % of GDP2020: 13.8 % of GDP2021: 13.2 % of GDP2022: 19.9 % of GDP2023: 22.3 % of GDP2024: 23.5 % of GDP

Source: World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

Marshall Islands recorded 23.5% for money sent or brought back by migrants as a share of gdp in 2024. That is the highest value across all 20 years on record.

The figure is up 5.3% on the previous year and up 67.4% over ten years.

Over the whole period, money sent or brought back by migrants as a share of gdp in Marshall Islands peaked at 23.5% in 2024 and was at its lowest, 12.9%, 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.

Money sent or brought back by migrants as a share of GDP in Marshall Islands, year by year

Annual values for Money sent or brought back by migrants as a share of GDP in Marshall Islands, 2005 to 2024.
Year % of GDP Change
2005 17.2%
2006 18.2% +5.5%
2007 16.7% -8.0%
2008 15.7% -5.8%
2009 15.6% -0.8%
2010 13.8% -11.6%
2011 12.9% -6.8%
2012 12.9% +0.1%
2013 13.2% +2.4%
2014 14.0% +6.4%
2015 14.9% +6.1%
2016 14.0% -5.6%
2017 14.2% +1.5%
2018 14.3% +0.3%
2019 13.9% -2.5%
2020 13.8% -0.7%
2021 13.2% -4.7%
2022 19.9% +51.2%
2023 22.3% +11.9%
2024 23.5% +5.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 16.7% 15.6% 18.2% 5
2010s 13.8% 12.9% 14.9% 10
2020s 18.5% 13.2% 23.5% 5

Countries ranked near Marshall Islands

  1. 6 Nicaragua 26.6% compare
  2. 7 Nepal 26.0% compare
  3. 8 Bermuda 23.7% compare
  4. 10 Samoa 22.4% compare
  5. 11 Gambia 22.0% compare
  6. 12 Liberia 21.3% compare

See the full ranking of 194 places →

More population data for Marshall Islands

All data for Marshall Islands →

Frequently asked questions

What is money sent or brought back by migrants as a share of gdp in Marshall Islands?
Money sent or brought back by migrants as a share of gdp in Marshall Islands was 23.5% in 2024, according to World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data.
What is the highest money sent or brought back by migrants as a share of gdp recorded in Marshall Islands?
The highest recorded value was 23.5% in 2024.
What is the lowest money sent or brought back by migrants as a share of gdp recorded in Marshall Islands?
The lowest recorded value was 12.9% in 2011.
How does Marshall Islands rank for money sent or brought back by migrants as a share of gdp?
Marshall Islands ranks 9th out of 194 countries with data for 2024.
Is money sent or brought back by migrants as a share of gdp 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 World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data, published as part of Money sent or brought back by migrants as a share of GDP. Statizoid updates them automatically from the source API.

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Money sent or brought back by migrants as a share of GDP in Marshall Islands. Statizoid, drawing on World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data. Retrieved 02 September 2026, from https://population.statizoid.com/stat/money-sent-or-brought-back-by-migrants-as-a-share-of-gdp/marshall-islands/

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About this data

Indicator
Money sent or brought back by migrants as a share of GDP
Unit
% of GDP
Source
World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 7,088 data points, 1970–2025
Last refreshed

Money sent or brought back by migrants refers to remittances a country has received in this year.