Goods exports (BoP, current US$), per unit of GDP in Marshall Islands
Marshall Islands: Goods exports (BoP, current US$), per unit of GDP was 0.3556 BoP, current US$ per US$ of GDP in 2024. ▲ Rising
Goods exports (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
The most recent figure for goods exports (bop, current us$), per unit of gdp in Marshall Islands is 0.3556 BoP, current US$ per US$ of GDP, measured in 2024.
Compared with earlier readings it is up 15.6% on the previous year and down 12.8% over ten years.
Over the whole period, goods exports (bop, current us$), per unit of gdp in Marshall Islands peaked at 0.591 BoP, current US$ per US$ of GDP in 2012 and was at its lowest, 0.1218 BoP, current US$ per US$ of GDP, in 2007.
That places Marshall Islands 51st 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.
Goods exports (BoP, current US$), per unit of GDP in Marshall Islands, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.17 BoP, current US$ per US$ of GDP | — |
| 2006 | 0.125 BoP, current US$ per US$ of GDP | -26.5% |
| 2007 | 0.1218 BoP, current US$ per US$ of GDP | -2.6% |
| 2008 | 0.138 BoP, current US$ per US$ of GDP | +13.3% |
| 2009 | 0.1375 BoP, current US$ per US$ of GDP | -0.4% |
| 2010 | 0.2829 BoP, current US$ per US$ of GDP | +105.8% |
| 2011 | 0.3858 BoP, current US$ per US$ of GDP | +36.4% |
| 2012 | 0.591 BoP, current US$ per US$ of GDP | +53.2% |
| 2013 | 0.5459 BoP, current US$ per US$ of GDP | -7.6% |
| 2014 | 0.4077 BoP, current US$ per US$ of GDP | -25.3% |
| 2015 | 0.2104 BoP, current US$ per US$ of GDP | -48.4% |
| 2016 | 0.1866 BoP, current US$ per US$ of GDP | -11.3% |
| 2017 | 0.3247 BoP, current US$ per US$ of GDP | +74.1% |
| 2018 | 0.3909 BoP, current US$ per US$ of GDP | +20.4% |
| 2019 | 0.3612 BoP, current US$ per US$ of GDP | -7.6% |
| 2020 | 0.3301 BoP, current US$ per US$ of GDP | -8.6% |
| 2021 | 0.4615 BoP, current US$ per US$ of GDP | +39.8% |
| 2022 | 0.3439 BoP, current US$ per US$ of GDP | -25.5% |
| 2023 | 0.3077 BoP, current US$ per US$ of GDP | -10.5% |
| 2024 | 0.3556 BoP, current US$ per US$ of GDP | +15.6% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.3556 BoP, current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.194 BoP, current US$ per US$ of GDP, 1.8× the median. (57 countries reporting)
- Marshall Islands's 0.3556 BoP, current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.1892 BoP, current US$ per US$ of GDP, 1.9× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1385 BoP, current US$ per US$ of GDP | 0.1218 BoP, current US$ per US$ of GDP | 0.17 BoP, current US$ per US$ of GDP | 5 |
| 2010s | 0.3687 BoP, current US$ per US$ of GDP | 0.1866 BoP, current US$ per US$ of GDP | 0.591 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.3598 BoP, current US$ per US$ of GDP | 0.3077 BoP, current US$ per US$ of GDP | 0.4615 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 48 Lesotho 0.3624 BoP, current US$ per US$ of GDP compare
- 49 Iraq 0.3611 BoP, current US$ per US$ of GDP compare
- 50 Mozambique 0.3609 BoP, current US$ per US$ of GDP compare
- 52 Gabon 0.3555 BoP, current US$ per US$ of GDP compare
- 53 Mauritania 0.3516 BoP, current US$ per US$ of GDP compare
- 54 Sweden 0.3484 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 goods exports (bop, current us$), per unit of gdp in Marshall Islands?
- Goods exports (bop, current us$), per unit of gdp in Marshall Islands was 0.3556 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest goods exports (bop, current us$), per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 0.591 BoP, current US$ per US$ of GDP in 2012.
- What is the lowest goods exports (bop, current us$), per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 0.1218 BoP, current US$ per US$ of GDP in 2007.
- How does Marshall Islands rank for goods exports (bop, current us$), per unit of gdp?
- Marshall Islands ranks 51st out of 199 countries with data for 2024.
- Is goods exports (bop, current us$), per unit of gdp rising or falling in Marshall Islands?
- Over the last ten years it is down 12.8%. 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 Goods exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Goods exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Goods exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Goods exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Goods exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.