Current account balance (BoP, current US$), annual growth rate in Marshall Islands
Marshall Islands: Current account balance (BoP, current US$), annual growth rate was 50.03 % change on previous year in 2024. ◆ Volatile
Current account balance (BoP, current US$), annual growth rate in Marshall Islands, 2006–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for current account balance (bop, current us$), annual growth rate in Marshall Islands is 50.03 % change on previous year, measured in 2024.
The figure is down 63.1% on the previous year and down 39.8% over ten years.
Over the whole period, current account balance (bop, current us$), annual growth rate in Marshall Islands peaked at 310.44 % change on previous year in 2018 and was at its lowest, -378.61 % change on previous year, in 2009.
Marshall Islands ranks 36th of 198 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (BoP, current US$), annual growth rate in Marshall Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2006 | -143.3 % change on previous year | — |
| 2007 | -32.99 % change on previous year | -77.0% |
| 2008 | 32.92 % change on previous year | -199.8% |
| 2009 | -378.61 % change on previous year | -1250.3% |
| 2010 | 45.68 % change on previous year | -112.1% |
| 2011 | 59.7 % change on previous year | +30.7% |
| 2012 | -239.34 % change on previous year | -500.9% |
| 2013 | -47.45 % change on previous year | -80.2% |
| 2014 | 83.13 % change on previous year | -275.2% |
| 2015 | -44.12 % change on previous year | -153.1% |
| 2016 | -130.55 % change on previous year | +195.9% |
| 2017 | 179.69 % change on previous year | -237.6% |
| 2018 | 310.44 % change on previous year | +72.8% |
| 2019 | 62.42 % change on previous year | -79.9% |
| 2020 | 4.82 % change on previous year | -92.3% |
| 2021 | -15.53 % change on previous year | -422.4% |
| 2022 | -76.86 % change on previous year | +395.0% |
| 2023 | 135.45 % change on previous year | -276.2% |
| 2024 | 50.03 % change on previous year | -63.1% |
Marshall Islands compared with similar countries
- Marshall Islands's 50.03 % change on previous year is above the median for upper middle income countries, which is -7.99 % change on previous year. (56 countries reporting)
- Marshall Islands's 50.03 % change on previous year is above the median for East Asia & Pacific, which is 22.26 % change on previous year, 2.2× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -130.5 % change on previous year | -378.61 % change on previous year | 32.92 % change on previous year | 4 |
| 2010s | 27.96 % change on previous year | -239.34 % change on previous year | 310.44 % change on previous year | 10 |
| 2020s | 19.58 % change on previous year | -76.86 % change on previous year | 135.45 % change on previous year | 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 current account balance (bop, current us$), annual growth rate in Marshall Islands?
- Current account balance (bop, current us$), annual growth rate in Marshall Islands was 50.03 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest current account balance (bop, current us$), annual growth rate recorded in Marshall Islands?
- The highest recorded value was 310.44 % change on previous year in 2018.
- What is the lowest current account balance (bop, current us$), annual growth rate recorded in Marshall Islands?
- The lowest recorded value was -378.61 % change on previous year in 2009.
- How does Marshall Islands rank for current account balance (bop, current us$), annual growth rate?
- Marshall Islands ranks 36th out of 198 countries with data for 2024.
- Is current account balance (bop, current us$), annual growth rate rising or falling in Marshall Islands?
- Over the last ten years it is down 39.8%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from Statizoid (derived), published as part of Current account balance (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Current account balance Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.