Imports of goods and services (BoP, current US$), per unit of GDP in Marshall Islands
Marshall Islands: Imports of goods and services (BoP, current US$), per unit of GDP was 0.8321 BoP, current US$ per US$ of GDP in 2024. ▼ Falling
Imports of goods and services (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
Marshall Islands recorded 0.8321 BoP, current US$ per US$ of GDP for imports of goods and services (bop, current us$), per unit of gdp in 2024.
That represents a change of up 4.2% on the previous year and down 14.7% over ten years.
Over the whole period, imports of goods and services (bop, current us$), per unit of gdp in Marshall Islands peaked at 1.09 BoP, current US$ per US$ of GDP in 2013 and was at its lowest, 0.5494 BoP, current US$ per US$ of GDP, in 2020.
Marshall Islands ranks 21st of 199 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Imports of goods and services (BoP, current US$), per unit of GDP in Marshall Islands, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.977 BoP, current US$ per US$ of GDP | — |
| 2006 | 0.9021 BoP, current US$ per US$ of GDP | -7.7% |
| 2007 | 0.9349 BoP, current US$ per US$ of GDP | +3.6% |
| 2008 | 0.9493 BoP, current US$ per US$ of GDP | +1.5% |
| 2009 | 1.04 BoP, current US$ per US$ of GDP | +10.0% |
| 2010 | 1.02 BoP, current US$ per US$ of GDP | -2.2% |
| 2011 | 1.03 BoP, current US$ per US$ of GDP | +0.6% |
| 2012 | 1.03 BoP, current US$ per US$ of GDP | +0.2% |
| 2013 | 1.09 BoP, current US$ per US$ of GDP | +5.6% |
| 2014 | 0.9758 BoP, current US$ per US$ of GDP | -10.3% |
| 2015 | 0.8625 BoP, current US$ per US$ of GDP | -11.6% |
| 2016 | 0.8419 BoP, current US$ per US$ of GDP | -2.4% |
| 2017 | 0.841 BoP, current US$ per US$ of GDP | -0.1% |
| 2018 | 0.7942 BoP, current US$ per US$ of GDP | -5.6% |
| 2019 | 0.5568 BoP, current US$ per US$ of GDP | -29.9% |
| 2020 | 0.5494 BoP, current US$ per US$ of GDP | -1.3% |
| 2021 | 0.7886 BoP, current US$ per US$ of GDP | +43.5% |
| 2022 | 0.8836 BoP, current US$ per US$ of GDP | +12.0% |
| 2023 | 0.7985 BoP, current US$ per US$ of GDP | -9.6% |
| 2024 | 0.8321 BoP, current US$ per US$ of GDP | +4.2% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.8321 BoP, current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.5329 BoP, current US$ per US$ of GDP, 1.6× the median. (57 countries reporting)
- Marshall Islands's 0.8321 BoP, current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.6017 BoP, current US$ per US$ of GDP, 1.4× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9616 BoP, current US$ per US$ of GDP | 0.9021 BoP, current US$ per US$ of GDP | 1.04 BoP, current US$ per US$ of GDP | 5 |
| 2010s | 0.9039 BoP, current US$ per US$ of GDP | 0.5568 BoP, current US$ per US$ of GDP | 1.09 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.7704 BoP, current US$ per US$ of GDP | 0.5494 BoP, current US$ per US$ of GDP | 0.8836 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 18 Curacao 0.8424 BoP, current US$ per US$ of GDP compare
- 19 Lesotho 0.838 BoP, current US$ per US$ of GDP compare
- 20 Vietnam 0.8371 BoP, current US$ per US$ of GDP compare
- 22 Kyrgyzstan 0.8313 BoP, current US$ per US$ of GDP compare
- 23 Cambodia 0.7832 BoP, current US$ per US$ of GDP compare
- 24 Estonia 0.7741 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 imports of goods and services (bop, current us$), per unit of gdp in Marshall Islands?
- Imports of goods and services (bop, current us$), per unit of gdp in Marshall Islands was 0.8321 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest imports of goods and services (bop, current us$), per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 1.09 BoP, current US$ per US$ of GDP in 2013.
- What is the lowest imports of goods and services (bop, current us$), per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 0.5494 BoP, current US$ per US$ of GDP in 2020.
- How does Marshall Islands rank for imports of goods and services (bop, current us$), per unit of gdp?
- Marshall Islands ranks 21st out of 199 countries with data for 2024.
- Is imports of goods and services (bop, current us$), per unit of gdp rising or falling in Marshall Islands?
- Over the last ten years it is down 14.7%. 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 Imports of goods and services (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (BoP, current US$) ÷ GDP (current US$)
Computed from
- Imports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.