External balance on goods and services in Marshall Islands
Marshall Islands: External balance on goods and services was -43.8% in 2025. ▲ Rising
External balance on goods and services in Marshall Islands, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2025, external balance on goods and services in Marshall Islands stood at -43.8%.
The figure 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 in Marshall Islands peaked at -28.1% in 2021 and was at its lowest, -78.9%, in 2019.
Marshall Islands ranks 185th of 193 countries on this measure, 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 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
- 182 Palau -40.4% compare
- 183 Naoero -41.9% compare
- 184 Tonga -43.8% compare
- 186 Northern Mariana Islands -48.6% compare
- 187 Micronesia, Federated States of -48.8% compare
- 188 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)
- Households and NPISHs Final consumption expenditure (current LCU) 5.78 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.6948 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 5,274 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) -1.58 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5356 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 4,066 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 4.54 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 1.24 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is external balance on goods and services in Marshall Islands?
- External balance on goods and services in Marshall Islands was -43.8% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Marshall Islands?
- The highest recorded value was -28.1% in 2021.
- What is the lowest external balance on goods and services 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?
- Marshall Islands ranks 185th out of 193 countries with data for 2025.
- Is external balance on goods and services 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.