Exports of goods and services (BoP, current US$), per unit of GDP in Marshall Islands
Marshall Islands: Exports of goods and services (BoP, current US$), per unit of GDP was 0.4298 BoP, current US$ per US$ of GDP in 2024. ▲ Rising
Exports of goods and services (BoP, current US$), per unit of GDP in Marshall Islands, 2005–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
Marshall Islands recorded 0.4298 BoP, current US$ per US$ of GDP for exports of goods and services (bop, current us$), per unit of gdp in 2024.
That represents a change of up 12.4% on the previous year and down 9.9% over ten years.
Over the whole period, exports of goods and services (bop, current us$), per unit of gdp in Marshall Islands peaked at 0.6458 BoP, current US$ per US$ of GDP in 2012 and was at its lowest, 0.1842 BoP, current US$ per US$ of GDP, in 2007.
That places Marshall Islands 78th out of 199 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Exports of goods and services (BoP, current US$), per unit of GDP in Marshall Islands, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.2412 BoP, current US$ per US$ of GDP | — |
| 2006 | 0.1931 BoP, current US$ per US$ of GDP | -19.9% |
| 2007 | 0.1842 BoP, current US$ per US$ of GDP | -4.6% |
| 2008 | 0.203 BoP, current US$ per US$ of GDP | +10.2% |
| 2009 | 0.2046 BoP, current US$ per US$ of GDP | +0.8% |
| 2010 | 0.3412 BoP, current US$ per US$ of GDP | +66.8% |
| 2011 | 0.4482 BoP, current US$ per US$ of GDP | +31.4% |
| 2012 | 0.6458 BoP, current US$ per US$ of GDP | +44.1% |
| 2013 | 0.6051 BoP, current US$ per US$ of GDP | -6.3% |
| 2014 | 0.477 BoP, current US$ per US$ of GDP | -21.2% |
| 2015 | 0.2568 BoP, current US$ per US$ of GDP | -46.2% |
| 2016 | 0.2284 BoP, current US$ per US$ of GDP | -11.1% |
| 2017 | 0.4531 BoP, current US$ per US$ of GDP | +98.4% |
| 2018 | 0.5859 BoP, current US$ per US$ of GDP | +29.3% |
| 2019 | 0.3924 BoP, current US$ per US$ of GDP | -33.0% |
| 2020 | 0.3641 BoP, current US$ per US$ of GDP | -7.2% |
| 2021 | 0.4977 BoP, current US$ per US$ of GDP | +36.7% |
| 2022 | 0.397 BoP, current US$ per US$ of GDP | -20.2% |
| 2023 | 0.3823 BoP, current US$ per US$ of GDP | -3.7% |
| 2024 | 0.4298 BoP, current US$ per US$ of GDP | +12.4% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.4298 BoP, current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.3878 BoP, current US$ per US$ of GDP, 1.1× the median. (57 countries reporting)
- Marshall Islands's 0.4298 BoP, current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.3993 BoP, current US$ per US$ of GDP, 1.1× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2052 BoP, current US$ per US$ of GDP | 0.1842 BoP, current US$ per US$ of GDP | 0.2412 BoP, current US$ per US$ of GDP | 5 |
| 2010s | 0.4434 BoP, current US$ per US$ of GDP | 0.2284 BoP, current US$ per US$ of GDP | 0.6458 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.4142 BoP, current US$ per US$ of GDP | 0.3641 BoP, current US$ per US$ of GDP | 0.4977 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 75 Papua New Guinea 0.4373 BoP, current US$ per US$ of GDP compare
- 76 Namibia 0.4368 BoP, current US$ per US$ of GDP compare
- 77 Azerbaijan 0.4302 BoP, current US$ per US$ of GDP compare
- 79 Panama 0.429 BoP, current US$ per US$ of GDP compare
- 80 Bahamas 0.4276 BoP, current US$ per US$ of GDP compare
- 81 Morocco 0.4242 BoP, current US$ per US$ of GDP compare
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 exports of goods and services (bop, current us$), per unit of gdp in Marshall Islands?
- Exports of goods and services (bop, current us$), per unit of gdp in Marshall Islands was 0.4298 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest exports of goods and services (bop, current us$), per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 0.6458 BoP, current US$ per US$ of GDP in 2012.
- What is the lowest exports of goods and services (bop, current us$), per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 0.1842 BoP, current US$ per US$ of GDP in 2007.
- How does Marshall Islands rank for exports of goods and services (bop, current us$), per unit of gdp?
- Marshall Islands ranks 78th out of 199 countries with data for 2024.
- Is exports of goods and services (bop, current us$), per unit of gdp rising or falling in Marshall Islands?
- Over the last ten years it is down 9.9%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from Statizoid (derived), published as part of Exports of goods and services (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Exports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods and services (BoP, current US$) ÷ GDP (current US$)
Computed from
- Exports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Exports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.