Imports of goods and services in Marshall Islands
Marshall Islands: Imports of goods and services was 10.7% in 2024. ◆ Volatile
Imports of goods and services in Marshall Islands, 2005–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Marshall Islands recorded 10.7% for imports of goods and services in 2024.
That represents a change of up 232.3% on the previous year and up 260.2% over ten years.
Over the whole period, imports of goods and services in Marshall Islands peaked at 38.2% in 2019 and was at its lowest, -30.7%, in 2020.
Marshall Islands ranks 37th of 178 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services in Marshall Islands, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2005 | 2.7% | — |
| 2006 | -8.3% | -404.4% |
| 2007 | 4.6% | -155.2% |
| 2008 | -15.0% | -427.5% |
| 2009 | 28.5% | -289.8% |
| 2010 | 9.7% | -65.9% |
| 2011 | -7.8% | -179.9% |
| 2012 | 1.8% | -123.8% |
| 2013 | 11.6% | +525.6% |
| 2014 | -6.7% | -157.7% |
| 2015 | 0.2% | -103.0% |
| 2016 | -0.3% | -270.7% |
| 2017 | 10.9% | -3287.3% |
| 2018 | 2.5% | -77.0% |
| 2019 | 38.2% | +1426.3% |
| 2020 | -30.7% | -180.3% |
| 2021 | -1.6% | -94.6% |
| 2022 | 6.7% | -504.3% |
| 2023 | -8.1% | -221.2% |
| 2024 | 10.7% | -232.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.5% | -15.0% | 28.5% | 5 |
| 2010s | 6.0% | -7.8% | 38.2% | 10 |
| 2020s | -4.6% | -30.7% | 10.7% | 5 |
Countries ranked near Marshall Islands
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 imports of goods and services in Marshall Islands?
- Imports of goods and services in Marshall Islands was 10.7% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest imports of goods and services recorded in Marshall Islands?
- The highest recorded value was 38.2% in 2019.
- What is the lowest imports of goods and services recorded in Marshall Islands?
- The lowest recorded value was -30.7% in 2020.
- How does Marshall Islands rank for imports of goods and services?
- Marshall Islands ranks 37th out of 178 countries with data for 2024.
- Is imports of goods and services rising or falling in Marshall Islands?
- Over the last ten years it is up 260.2%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Imports of goods and services (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.