Marshall Islands - GNI

GNI, Atlas method (current US$)

The latest value for GNI, Atlas method (current US$) in Marshall Islands was $292,153,500 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $296,987,600 in 2019 and $130,896,300 in 1997.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 $155,071,600
1996 $135,907,600
1997 $130,896,300
1998 $135,223,700
1999 $142,609,700
2000 $150,007,500
2001 $159,982,900
2002 $162,115,400
2003 $167,416,500
2004 $178,719,500
2005 $190,193,500
2006 $184,329,300
2007 $193,107,300
2008 $184,276,700
2009 $195,146,100
2010 $200,349,900
2011 $201,516,500
2012 $196,552,600
2013 $221,074,400
2014 $230,739,100
2015 $246,500,100
2016 $245,237,800
2017 $258,041,300
2018 $282,944,500
2019 $296,987,600
2020 $292,153,500

GNI (current US$)

The latest value for GNI (current US$) in Marshall Islands was $298,195,400 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $298,195,400 in 2020 and $135,250,400 in 1996.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 $152,854,100
1996 $135,250,400
1997 $136,641,000
1998 $143,253,700
1999 $149,305,200
2000 $151,618,100
2001 $160,116,500
2002 $167,548,500
2003 $167,807,100
2004 $169,343,300
2005 $179,125,700
2006 $181,340,200
2007 $191,419,700
2008 $189,449,600
2009 $189,529,000
2010 $195,598,900
2011 $209,784,400
2012 $208,831,300
2013 $221,718,500
2014 $228,187,900
2015 $248,470,300
2016 $263,338,900
2017 $274,080,700
2018 $282,329,500
2019 $294,801,700
2020 $298,195,400

GNI (current LCU)

The value for GNI (current LCU) in Marshall Islands was 298,195,400 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 298,195,400 in 2020 and a minimum value of 135,250,400 in 1996.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 152,854,100
1996 135,250,400
1997 136,641,000
1998 143,253,700
1999 149,305,200
2000 151,618,100
2001 160,116,500
2002 167,548,500
2003 167,807,100
2004 169,343,300
2005 179,125,700
2006 181,340,200
2007 191,419,700
2008 189,449,600
2009 189,529,000
2010 195,598,900
2011 209,784,400
2012 208,831,300
2013 221,718,500
2014 228,187,900
2015 248,470,300
2016 263,338,900
2017 274,080,700
2018 282,329,500
2019 294,801,700
2020 298,195,400

GNI (constant 2010 US$)

The latest value for GNI (constant 2010 US$) in Marshall Islands was 254,949,500 as of 2020. Over the past 16 years, the value for this indicator has fluctuated between 265,476,200 in 2019 and 204,442,000 in 2012.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2004 213,468,900
2005 222,248,700
2006 216,972,300
2007 224,770,200
2008 204,746,200
2009 211,642,300
2010 217,839,600
2011 218,355,000
2012 204,442,000
2013 219,864,300
2014 227,227,200
2015 248,470,300
2016 247,949,700
2017 252,381,400
2018 258,259,200
2019 265,476,200
2020 254,949,500

GNI (constant LCU)

The value for GNI (constant LCU) in Marshall Islands was 255,121,900 as of 2020. As the graph below shows, over the past 16 years this indicator reached a maximum value of 265,655,700 in 2019 and a minimum value of 204,580,200 in 2012.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2004 213,613,200
2005 222,399,000
2006 217,119,000
2007 224,922,200
2008 204,884,600
2009 211,785,400
2010 217,986,900
2011 218,502,600
2012 204,580,200
2013 220,013,000
2014 227,380,800
2015 248,638,300
2016 248,117,300
2017 252,552,000
2018 258,433,800
2019 265,655,700
2020 255,121,900

GNI, PPP (current international $)

The latest value for GNI, PPP (current international $) in Marshall Islands was 299,501,400 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 305,418,300 in 2019 and 145,519,100 in 1997.

Definition: PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1995 172,327,100
1996 151,049,400
1997 145,519,100
1998 150,869,700
1999 154,691,000
2000 161,332,500
2001 174,675,600
2002 179,587,600
2003 180,710,600
2004 187,565,400
2005 203,078,800
2006 203,675,600
2007 217,409,600
2008 200,989,200
2009 212,030,600
2010 220,474,100
2011 223,508,900
2012 211,428,500
2013 231,932,100
2014 244,371,000
2015 270,479,700
2016 267,704,300
2017 277,015,000
2018 291,196,900
2019 305,418,300
2020 299,501,400

GNI, PPP (constant 2011 international $)

The latest value for GNI, PPP (constant 2011 international $) in Marshall Islands was 279,833,900 as of 2020. Over the past 16 years, the value for this indicator has fluctuated between 291,388,000 in 2019 and 224,396,500 in 2012.

Definition: PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2004 234,304,500
2005 243,941,300
2006 238,149,800
2007 246,708,900
2008 224,730,400
2009 232,299,700
2010 239,101,900
2011 239,667,500
2012 224,396,500
2013 241,324,200
2014 249,405,700
2015 272,722,200
2016 272,150,800
2017 277,015,000
2018 283,466,600
2019 291,388,000
2020 279,833,900

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts