External balance on goods and services as a percent of GDP in Marshall Islands
Marshall Islands: External balance on goods and services as a percent of GDP was -43.8% in 2025. ▲ Rising
External balance on goods and services as a percent of GDP in Marshall Islands, 1995–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
In 2025, external balance on goods and services as a percent of gdp in Marshall Islands stood at -43.8%.
Compared with earlier readings it is up 0.1% on the previous year and up 12.3% over ten years.
Over the whole period, external balance on goods and services as a percent of gdp in Marshall Islands peaked at -28.1% in 2021 and was at its lowest, -78.9%, in 2019.
That places Marshall Islands 183rd out of 191 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
External balance on goods and services as a percent of GDP in Marshall Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | -62.2% | — |
| 1996 | -66.7% | +7.2% |
| 1997 | -55.8% | -16.3% |
| 1998 | -62.4% | +11.9% |
| 1999 | -63.4% | +1.5% |
| 2000 | -72.4% | +14.3% |
| 2001 | -67.8% | -6.4% |
| 2002 | -47.7% | -29.7% |
| 2003 | -56.6% | +18.7% |
| 2004 | -53.4% | -5.6% |
| 2005 | -59.2% | +10.8% |
| 2006 | -62.1% | +4.8% |
| 2007 | -62.3% | +0.4% |
| 2008 | -63.3% | +1.5% |
| 2009 | -73.1% | +15.6% |
| 2010 | -72.6% | -0.7% |
| 2011 | -50.7% | -30.1% |
| 2012 | -48.0% | -5.5% |
| 2013 | -59.6% | +24.3% |
| 2014 | -50.6% | -15.1% |
| 2015 | -50.0% | -1.2% |
| 2016 | -43.3% | -13.3% |
| 2017 | -46.9% | +8.3% |
| 2018 | -49.0% | +4.5% |
| 2019 | -78.9% | +60.9% |
| 2020 | -36.8% | -53.3% |
| 2021 | -28.1% | -23.7% |
| 2022 | -48.4% | +72.2% |
| 2023 | -41.7% | -13.9% |
| 2024 | -43.9% | +5.3% |
| 2025 | -43.8% | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -62.1% | -66.7% | -55.8% | 5 |
| 2000s | -61.8% | -73.1% | -47.7% | 10 |
| 2010s | -55.0% | -78.9% | -43.3% | 10 |
| 2020s | -40.4% | -48.4% | -28.1% | 6 |
Countries ranked near Marshall Islands
- 180 Palau -40.4% compare
- 181 Naoero -41.9% compare
- 182 Tonga -43.8% compare
- 184 Northern Mariana Islands -48.6% compare
- 185 Micronesia, Federated States of -48.8% compare
- 186 Afghanistan -52.4% 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 external balance on goods and services as a percent of gdp in Marshall Islands?
- External balance on goods and services as a percent of gdp in Marshall Islands was -43.8% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest external balance on goods and services as a percent of gdp recorded in Marshall Islands?
- The highest recorded value was -28.1% in 2021.
- What is the lowest external balance on goods and services as a percent of gdp recorded in Marshall Islands?
- The lowest recorded value was -78.9% in 2019.
- How does Marshall Islands rank for external balance on goods and services as a percent of gdp?
- Marshall Islands ranks 183rd out of 191 countries with data for 2025.
- Is external balance on goods and services as a percent of gdp rising or falling in Marshall Islands?
- Over the last ten years it is up 12.3%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of External balance on goods and services as a percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.