Annual growth of exports of goods and services (%) in Marshall Islands
Marshall Islands: Annual growth of exports of goods and services (%) was 18.7% in 2024. ◆ Volatile
Latest (2024)
18.7%
Change on year
up 882.9%
World rank
23rd
of 186 countries
All-time high
35.5%
in 2010
All-time low
-28.7%
in 2006
Years of data
20
2005–2024
Annual growth of exports of goods and services in Marshall Islands, 2005–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth of exports of goods and services in Marshall Islands stood at 18.7%.
The figure is up 882.9% on the previous year and up 55.6% over ten years.
Over the whole period, annual growth of exports of goods and services in Marshall Islands peaked at 35.5% in 2010 and was at its lowest, -28.7%, in 2006.
Marshall Islands ranks 23rd of 186 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services (%) in Marshall Islands, year by year
| Year | % | Change |
|---|---|---|
| 2005 | -8.0% | — |
| 2006 | -28.7% | +260.0% |
| 2007 | 10.5% | -136.6% |
| 2008 | -13.9% | -232.5% |
| 2009 | 30.9% | -322.7% |
| 2010 | 35.5% | +14.7% |
| 2011 | 16.7% | -52.9% |
| 2012 | -5.3% | -131.4% |
| 2013 | -0.8% | -84.4% |
| 2014 | 12.0% | -1568.2% |
| 2015 | -0.9% | -107.2% |
| 2016 | -11.7% | +1241.5% |
| 2017 | -3.0% | -74.7% |
| 2018 | 6.0% | -303.2% |
| 2019 | 11.9% | +98.3% |
| 2020 | -4.7% | -139.6% |
| 2021 | 22.2% | -571.5% |
| 2022 | -18.9% | -184.9% |
| 2023 | -2.4% | -87.3% |
| 2024 | 18.7% | -882.9% |
Marshall Islands compared with similar countries
- Marshall Islands's 18.7% is above the median for upper middle income countries, which is 3.1%, 6.0× the median. (46 countries reporting)
- Marshall Islands's 18.7% is above the median for East Asia & Pacific, which is 7.3%, 2.6× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.8% | -28.7% | 30.9% | 5 |
| 2010s | 6.1% | -11.7% | 35.5% | 10 |
| 2020s | 3.0% | -18.9% | 22.2% | 5 |
Countries ranked near Marshall Islands
More economy & growth data for Marshall Islands
- Real gdp growth, annual growth rate 157.02 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.97 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0342 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 290.63 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0384 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.025 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 212.21 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is annual growth of exports of goods and services in Marshall Islands?
- Annual growth of exports of goods and services in Marshall Islands was 18.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of exports of goods and services recorded in Marshall Islands?
- The highest recorded value was 35.5% in 2010.
- What is the lowest annual growth of exports of goods and services recorded in Marshall Islands?
- The lowest recorded value was -28.7% in 2006.
- How does Marshall Islands rank for annual growth of exports of goods and services?
- Marshall Islands ranks 23rd out of 186 countries with data for 2024.
- Is annual growth of exports of goods and services rising or falling in Marshall Islands?
- Over the last ten years it is up 55.6%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of exports of goods and services (%). Statizoid updates them automatically from the source API.
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