Exports of goods and services (constant LCU), per unit of GDP in Marshall Islands
Marshall Islands: Exports of goods and services (constant LCU), per unit of GDP was 0.3175 constant LCU per US$ of GDP in 2024. ▼ Falling
Exports of goods and services (constant LCU), per unit of GDP in Marshall Islands, 2004–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for exports of goods and services (constant lcu), per unit of gdp in Marshall Islands is 0.3175 constant LCU per US$ of GDP, measured in 2024.
That represents a change of up 10.0% on the previous year and down 28.0% over ten years.
Over the whole period, exports of goods and services (constant lcu), per unit of gdp in Marshall Islands peaked at 0.4532 constant LCU per US$ of GDP in 2004 and was at its lowest, 0.2565 constant LCU per US$ of GDP, in 2008.
That places Marshall Islands 148th out of 179 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Exports of goods and services (constant LCU), per unit of GDP in Marshall Islands, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2004 | 0.4532 constant LCU per US$ of GDP | — |
| 2005 | 0.4016 constant LCU per US$ of GDP | -11.4% |
| 2006 | 0.2761 constant LCU per US$ of GDP | -31.3% |
| 2007 | 0.2902 constant LCU per US$ of GDP | +5.1% |
| 2008 | 0.2565 constant LCU per US$ of GDP | -11.6% |
| 2009 | 0.3257 constant LCU per US$ of GDP | +27.0% |
| 2010 | 0.4141 constant LCU per US$ of GDP | +27.2% |
| 2011 | 0.4519 constant LCU per US$ of GDP | +9.1% |
| 2012 | 0.4083 constant LCU per US$ of GDP | -9.7% |
| 2013 | 0.3926 constant LCU per US$ of GDP | -3.9% |
| 2014 | 0.4408 constant LCU per US$ of GDP | +12.3% |
| 2015 | 0.4424 constant LCU per US$ of GDP | +0.4% |
| 2016 | 0.3557 constant LCU per US$ of GDP | -19.6% |
| 2017 | 0.3259 constant LCU per US$ of GDP | -8.4% |
| 2018 | 0.3356 constant LCU per US$ of GDP | +3.0% |
| 2019 | 0.3548 constant LCU per US$ of GDP | +5.7% |
| 2020 | 0.3256 constant LCU per US$ of GDP | -8.2% |
| 2021 | 0.3684 constant LCU per US$ of GDP | +13.1% |
| 2022 | 0.3018 constant LCU per US$ of GDP | -18.1% |
| 2023 | 0.2887 constant LCU per US$ of GDP | -4.3% |
| 2024 | 0.3175 constant LCU per US$ of GDP | +10.0% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.3175 constant LCU per US$ of GDP is below the median for upper middle income countries, which is 4.25 constant LCU per US$ of GDP, 7% of the median. (48 countries reporting)
- Marshall Islands's 0.3175 constant LCU per US$ of GDP is below the median for East Asia & Pacific, which is 2.24 constant LCU per US$ of GDP, 14% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3339 constant LCU per US$ of GDP | 0.2565 constant LCU per US$ of GDP | 0.4532 constant LCU per US$ of GDP | 6 |
| 2010s | 0.3922 constant LCU per US$ of GDP | 0.3259 constant LCU per US$ of GDP | 0.4519 constant LCU per US$ of GDP | 10 |
| 2020s | 0.3204 constant LCU per US$ of GDP | 0.2887 constant LCU per US$ of GDP | 0.3684 constant LCU per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 145 Tonga 0.3226 constant LCU per US$ of GDP compare
- 146 Canada 0.3213 constant LCU per US$ of GDP compare
- 147 Azerbaijan 0.3194 constant LCU per US$ of GDP compare
- 149 Bahamas 0.3117 constant LCU per US$ of GDP compare
- 150 Finland 0.3102 constant LCU per US$ of GDP compare
- 151 Portugal 0.3066 constant LCU 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 (constant lcu), per unit of gdp in Marshall Islands?
- Exports of goods and services (constant lcu), per unit of gdp in Marshall Islands was 0.3175 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest exports of goods and services (constant lcu), per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 0.4532 constant LCU per US$ of GDP in 2004.
- What is the lowest exports of goods and services (constant lcu), per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 0.2565 constant LCU per US$ of GDP in 2008.
- How does Marshall Islands rank for exports of goods and services (constant lcu), per unit of gdp?
- Marshall Islands ranks 148th out of 179 countries with data for 2024.
- Is exports of goods and services (constant lcu), per unit of gdp rising or falling in Marshall Islands?
- Over the last ten years it is down 28.0%. The long-run trend across the full record is falling.
- Where does this Marshall Islands data come from?
- The figures come from Statizoid (derived), published as part of Exports of goods and services (constant LCU), 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 (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods and services (constant LCU) ÷ GDP (current US$)
Computed from
- Exports of goods and services Country official statistics, National Statistical Organizations and/or Central Banks
- 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 (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.