Ratio of GNP to GDP for Marshall Islands
GNPGDPMHA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.20
Year-over-Year Change
-5.89%
Date Range
1/1/1970 - 1/1/2010
Summary
The Ratio of GNP to GDP for Marshall Islands measures the relationship between a country's Gross National Product (GNP) and Gross Domestic Product (GDP). This indicator provides insights into a nation's economic structure and international economic integration.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The GNP/GDP ratio compares a country's total economic output (GDP) to the economic output owned by its residents (GNP). It reflects a nation's level of international economic engagement through factors like foreign investment, remittances, and trade flows.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using official national accounts statistics.
Historical Context
Economists and policymakers monitor this ratio to assess a country's economic openness and reliance on foreign income sources.
Key Facts
- The GNP/GDP ratio for Marshall Islands was 0.75 in 2021.
- A higher ratio indicates a more open, trade-dependent economy.
- The ratio reflects income flows between a country and the rest of the world.
FAQs
Q: What does this economic trend measure?
A: The Ratio of GNP to GDP for Marshall Islands measures the relationship between the country's total economic output (GDP) and the economic output owned by its residents (GNP).
Q: Why is this trend relevant for users or analysts?
A: This ratio provides insights into Marshall Islands' level of international economic engagement, such as through foreign investment, remittances, and trade flows.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using official national accounts statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor the GNP/GDP ratio to assess a country's economic openness and reliance on foreign income sources.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve, but may have update delays due to the time required for national statistics compilation.
Related Trends
Citation
U.S. Federal Reserve, Ratio of GNP to GDP for Marshall Islands (GNPGDPMHA156NUPN), retrieved from FRED.