Annual growth of imports of goods and services in Marshall Islands
Marshall Islands: Annual growth of imports of goods and services was 10.7% in 2024. ◆ Volatile
Annual growth of imports of goods and services in Marshall Islands, 2005–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual growth of imports of goods and services in Marshall Islands is 10.7%, measured in 2024.
The figure is up 232.3% on the previous year and up 260.2% over ten years.
Over the whole period, annual growth of imports of goods and services in Marshall Islands peaked at 38.2% in 2019 and was at its lowest, -30.7%, in 2020.
That places Marshall Islands 33rd out of 186 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services in Marshall Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 2.7% | — |
| 2006 | -8.3% | -404.4% |
| 2007 | 4.6% | -155.2% |
| 2008 | -15.0% | -427.5% |
| 2009 | 28.5% | -289.8% |
| 2010 | 9.7% | -65.9% |
| 2011 | -7.8% | -179.9% |
| 2012 | 1.8% | -123.8% |
| 2013 | 11.6% | +525.6% |
| 2014 | -6.7% | -157.7% |
| 2015 | 0.2% | -103.0% |
| 2016 | -0.3% | -270.7% |
| 2017 | 10.9% | -3287.3% |
| 2018 | 2.5% | -77.0% |
| 2019 | 38.2% | +1426.3% |
| 2020 | -30.7% | -180.3% |
| 2021 | -1.6% | -94.6% |
| 2022 | 6.7% | -504.3% |
| 2023 | -8.1% | -221.2% |
| 2024 | 10.7% | -232.3% |
Marshall Islands compared with similar countries
- Marshall Islands's 10.7% is above the median for upper middle income countries, which is 6.1%, 1.7× the median. (46 countries reporting)
- Marshall Islands's 10.7% is above the median for East Asia & Pacific, which is 6.5%, 1.7× the median. (26 countries reporting)
Biggest year-on-year movements
Years where Annual growth of imports of goods and services 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 |
|---|---|---|---|
| 2017 | +3287.3% | -0.3% | 10.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.5% | -15.0% | 28.5% | 5 |
| 2010s | 6.0% | -7.8% | 38.2% | 10 |
| 2020s | -4.6% | -30.7% | 10.7% | 5 |
Countries ranked near Marshall Islands
More economy & growth data for Marshall Islands
- 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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.36 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 46.01 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0469 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 355.78 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 2.99 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.5453 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 4,139 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 2.99 % change on previous year (2024)
Frequently asked questions
- What is annual growth of imports of goods and services in Marshall Islands?
- Annual growth of imports of goods and services in Marshall Islands was 10.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of imports of goods and services recorded in Marshall Islands?
- The highest recorded value was 38.2% in 2019.
- What is the lowest annual growth of imports of goods and services recorded in Marshall Islands?
- The lowest recorded value was -30.7% in 2020.
- How does Marshall Islands rank for annual growth of imports of goods and services?
- Marshall Islands ranks 33rd out of 186 countries with data for 2024.
- Is annual growth of imports of goods and services rising or falling in Marshall Islands?
- Over the last ten years it is up 260.2%. 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 imports of goods and services (%). Statizoid updates them automatically from the source API.
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