Goods imports (BoP, current US$) in Marshall Islands
Marshall Islands: Goods imports (BoP, current US$) was 172.94 million BoP, current US$ in 2024. ▲ Rising
Goods imports in Marshall Islands, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Marshall Islands recorded 172.94 million BoP, current US$ for goods imports in 2024. That is the highest value across all 20 years on record.
That represents a change of up 14.7% on the previous year and up 42.8% over ten years.
Over the whole period, goods imports in Marshall Islands peaked at 172.94 million BoP, current US$ in 2024 and was at its lowest, 70.02 million BoP, current US$, in 2020.
Marshall Islands ranks 195th of 200 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Goods imports (BoP, current US$) in Marshall Islands, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 85.13 million BoP, current US$ | — |
| 2006 | 81.97 million BoP, current US$ | -3.7% |
| 2007 | 87.93 million BoP, current US$ | +7.3% |
| 2008 | 90.01 million BoP, current US$ | +2.4% |
| 2009 | 94.31 million BoP, current US$ | +4.8% |
| 2010 | 110.31 million BoP, current US$ | +17.0% |
| 2011 | 118.67 million BoP, current US$ | +7.6% |
| 2012 | 125.31 million BoP, current US$ | +5.6% |
| 2013 | 135.84 million BoP, current US$ | +8.4% |
| 2014 | 121.13 million BoP, current US$ | -10.8% |
| 2015 | 99.05 million BoP, current US$ | -18.2% |
| 2016 | 103.76 million BoP, current US$ | +4.8% |
| 2017 | 127.47 million BoP, current US$ | +22.9% |
| 2018 | 118.97 million BoP, current US$ | -6.7% |
| 2019 | 70.04 million BoP, current US$ | -41.1% |
| 2020 | 70.02 million BoP, current US$ | -0.0% |
| 2021 | 132.88 million BoP, current US$ | +89.8% |
| 2022 | 170.05 million BoP, current US$ | +28.0% |
| 2023 | 150.74 million BoP, current US$ | -11.4% |
| 2024 | 172.94 million BoP, current US$ | +14.7% |
Marshall Islands compared with similar countries
- Marshall Islands's 172.94 million BoP, current US$ is below the median for upper middle income countries, which is 16.45 billion BoP, current US$, 1% of the median. (57 countries reporting)
- Marshall Islands's 172.94 million BoP, current US$ is below the median for East Asia & Pacific, which is 10.18 billion BoP, current US$, 2% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 87.87 million BoP, current US$ | 81.97 million BoP, current US$ | 94.31 million BoP, current US$ | 5 |
| 2010s | 113.06 million BoP, current US$ | 70.04 million BoP, current US$ | 135.84 million BoP, current US$ | 10 |
| 2020s | 139.32 million BoP, current US$ | 70.02 million BoP, current US$ | 172.94 million BoP, current US$ | 5 |
Countries ranked near Marshall Islands
- 192 Tonga 256.69 million BoP, current US$ compare
- 193 Chad 212.06 million BoP, current US$
- 194 Sao Tome and Principe 182.93 million BoP, current US$ compare
- 196 Palau 164.17 million BoP, current US$ compare
- 197 Micronesia (country) 154.44 million BoP, current US$ compare
- 198 Central African Republic 130.58 million BoP, current US$
More economy & growth data for Marshall Islands
- Real gdp growth, annual growth rate 157.02 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.97 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0342 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 290.63 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0384 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.025 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 212.21 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is goods imports in Marshall Islands?
- Goods imports in Marshall Islands was 172.94 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods imports recorded in Marshall Islands?
- The highest recorded value was 172.94 million BoP, current US$ in 2024.
- What is the lowest goods imports recorded in Marshall Islands?
- The lowest recorded value was 70.02 million BoP, current US$ in 2020.
- How does Marshall Islands rank for goods imports?
- Marshall Islands ranks 195th out of 200 countries with data for 2024.
- Is goods imports rising or falling in Marshall Islands?
- Over the last ten years it is up 42.8%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods imports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.