Goods imports (BoP, current US$), per unit of GDP in Marshall Islands
Marshall Islands: Goods imports (BoP, current US$), per unit of GDP was 0.6068 BoP, current US$ per US$ of GDP in 2024. ▼ Falling
Goods imports (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
In 2024, goods imports (bop, current us$), per unit of gdp in Marshall Islands stood at 0.6068 BoP, current US$ per US$ of GDP.
That represents a change of up 6.3% on the previous year and down 6.8% over ten years.
Over the whole period, goods imports (bop, current us$), per unit of gdp in Marshall Islands peaked at 0.7288 BoP, current US$ per US$ of GDP in 2013 and was at its lowest, 0.2896 BoP, current US$ per US$ of GDP, in 2020.
That places Marshall Islands 18th out of 199 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 20 years of available data.
Goods imports (BoP, current US$), per unit of GDP in Marshall Islands, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.6169 BoP, current US$ per US$ of GDP | — |
| 2006 | 0.5724 BoP, current US$ per US$ of GDP | -7.2% |
| 2007 | 0.5842 BoP, current US$ per US$ of GDP | +2.1% |
| 2008 | 0.614 BoP, current US$ per US$ of GDP | +5.1% |
| 2009 | 0.6237 BoP, current US$ per US$ of GDP | +1.6% |
| 2010 | 0.6848 BoP, current US$ per US$ of GDP | +9.8% |
| 2011 | 0.6888 BoP, current US$ per US$ of GDP | +0.6% |
| 2012 | 0.6935 BoP, current US$ per US$ of GDP | +0.7% |
| 2013 | 0.7288 BoP, current US$ per US$ of GDP | +5.1% |
| 2014 | 0.6512 BoP, current US$ per US$ of GDP | -10.6% |
| 2015 | 0.5392 BoP, current US$ per US$ of GDP | -17.2% |
| 2016 | 0.5142 BoP, current US$ per US$ of GDP | -4.6% |
| 2017 | 0.5965 BoP, current US$ per US$ of GDP | +16.0% |
| 2018 | 0.5408 BoP, current US$ per US$ of GDP | -9.3% |
| 2019 | 0.3007 BoP, current US$ per US$ of GDP | -44.4% |
| 2020 | 0.2896 BoP, current US$ per US$ of GDP | -3.7% |
| 2021 | 0.5086 BoP, current US$ per US$ of GDP | +75.6% |
| 2022 | 0.6573 BoP, current US$ per US$ of GDP | +29.2% |
| 2023 | 0.571 BoP, current US$ per US$ of GDP | -13.1% |
| 2024 | 0.6068 BoP, current US$ per US$ of GDP | +6.3% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.6068 BoP, current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.379 BoP, current US$ per US$ of GDP, 1.6× the median. (57 countries reporting)
- Marshall Islands's 0.6068 BoP, current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.4177 BoP, current US$ per US$ of GDP, 1.5× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Goods imports (BoP, current US$), per unit of GDP in Marshall Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +75.6% | 0.2896 BoP, current US$ per US$ of GDP | 0.5086 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6023 BoP, current US$ per US$ of GDP | 0.5724 BoP, current US$ per US$ of GDP | 0.6237 BoP, current US$ per US$ of GDP | 5 |
| 2010s | 0.5938 BoP, current US$ per US$ of GDP | 0.3007 BoP, current US$ per US$ of GDP | 0.7288 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.5267 BoP, current US$ per US$ of GDP | 0.2896 BoP, current US$ per US$ of GDP | 0.6573 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 15 Kyrgyzstan 0.6426 BoP, current US$ per US$ of GDP compare
- 16 Seychelles 0.6214 BoP, current US$ per US$ of GDP compare
- 17 North Macedonia 0.6111 BoP, current US$ per US$ of GDP compare
- 19 Slovenia 0.6015 BoP, current US$ per US$ of GDP compare
- 20 Palau 0.5945 BoP, current US$ per US$ of GDP compare
- 21 Kosovo 0.5935 BoP, current US$ per US$ of GDP compare
- 21 Kosovo (UNSCR 1244) 0.5935 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 imports (bop, current us$), per unit of gdp in Marshall Islands?
- Goods imports (bop, current us$), per unit of gdp in Marshall Islands was 0.6068 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest goods imports (bop, current us$), per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 0.7288 BoP, current US$ per US$ of GDP in 2013.
- What is the lowest goods imports (bop, current us$), per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 0.2896 BoP, current US$ per US$ of GDP in 2020.
- How does Marshall Islands rank for goods imports (bop, current us$), per unit of gdp?
- Marshall Islands ranks 18th out of 199 countries with data for 2024.
- Is goods imports (bop, current us$), per unit of gdp rising or falling in Marshall Islands?
- Over the last ten years it is down 6.8%. 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 Goods imports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Goods imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Goods imports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Goods imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Goods imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.