Imports of goods and services (constant LCU), per unit of GDP in Marshall Islands
Marshall Islands: Imports of goods and services (constant LCU), per unit of GDP was 0.7039 constant LCU per US$ of GDP in 2024. ▼ Falling
Imports of goods and services (constant LCU), per unit of GDP in Marshall Islands, 2004–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2024, imports of goods and services (constant lcu), per unit of gdp in Marshall Islands stood at 0.7039 constant LCU per US$ of GDP.
Compared with earlier readings it is up 2.5% on the previous year and down 24.2% over ten years.
Over the whole period, imports of goods and services (constant lcu), per unit of gdp in Marshall Islands peaked at 1.16 constant LCU per US$ of GDP in 2019 and was at its lowest, 0.6865 constant LCU per US$ of GDP, in 2023.
That places Marshall Islands 125th out of 179 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Imports of goods and services (constant LCU), per unit of GDP in Marshall Islands, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2004 | 1.13 constant LCU per US$ of GDP | — |
| 2005 | 1.11 constant LCU per US$ of GDP | -1.1% |
| 2006 | 0.9846 constant LCU per US$ of GDP | -11.6% |
| 2007 | 0.9797 constant LCU per US$ of GDP | -0.5% |
| 2008 | 0.8549 constant LCU per US$ of GDP | -12.7% |
| 2009 | 1.06 constant LCU per US$ of GDP | +24.6% |
| 2010 | 1.1 constant LCU per US$ of GDP | +3.0% |
| 2011 | 0.9457 constant LCU per US$ of GDP | -13.8% |
| 2012 | 0.9184 constant LCU per US$ of GDP | -2.9% |
| 2013 | 0.9933 constant LCU per US$ of GDP | +8.2% |
| 2014 | 0.929 constant LCU per US$ of GDP | -6.5% |
| 2015 | 0.9425 constant LCU per US$ of GDP | +1.5% |
| 2016 | 0.855 constant LCU per US$ of GDP | -9.3% |
| 2017 | 0.8954 constant LCU per US$ of GDP | +4.7% |
| 2018 | 0.8915 constant LCU per US$ of GDP | -0.4% |
| 2019 | 1.16 constant LCU per US$ of GDP | +30.6% |
| 2020 | 0.7772 constant LCU per US$ of GDP | -33.2% |
| 2021 | 0.7075 constant LCU per US$ of GDP | -9.0% |
| 2022 | 0.762 constant LCU per US$ of GDP | +7.7% |
| 2023 | 0.6865 constant LCU per US$ of GDP | -9.9% |
| 2024 | 0.7039 constant LCU per US$ of GDP | +2.5% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.7039 constant LCU per US$ of GDP is below the median for upper middle income countries, which is 7.22 constant LCU per US$ of GDP, 10% of the median. (48 countries reporting)
- Marshall Islands's 0.7039 constant LCU per US$ of GDP is below the median for East Asia & Pacific, which is 2.04 constant LCU per US$ of GDP, 35% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.02 constant LCU per US$ of GDP | 0.8549 constant LCU per US$ of GDP | 1.13 constant LCU per US$ of GDP | 6 |
| 2010s | 0.9631 constant LCU per US$ of GDP | 0.855 constant LCU per US$ of GDP | 1.16 constant LCU per US$ of GDP | 10 |
| 2020s | 0.7274 constant LCU per US$ of GDP | 0.6865 constant LCU per US$ of GDP | 0.7772 constant LCU per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 122 Cyprus 0.7329 constant LCU per US$ of GDP compare
- 123 United States Virgin Islands 0.7183 constant LCU per US$ of GDP compare
- 124 American Samoa 0.7107 constant LCU per US$ of GDP compare
- 126 Ghana 0.6688 constant LCU per US$ of GDP compare
- 127 East Timor 0.668 constant LCU per US$ of GDP compare
- 128 Northern Mariana Islands 0.6524 constant LCU 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 (constant lcu), per unit of gdp in Marshall Islands?
- Imports of goods and services (constant lcu), per unit of gdp in Marshall Islands was 0.7039 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest imports of goods and services (constant lcu), per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 1.16 constant LCU per US$ of GDP in 2019.
- What is the lowest imports of goods and services (constant lcu), per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 0.6865 constant LCU per US$ of GDP in 2023.
- How does Marshall Islands rank for imports of goods and services (constant lcu), per unit of gdp?
- Marshall Islands ranks 125th out of 179 countries with data for 2024.
- Is imports of goods and services (constant lcu), per unit of gdp rising or falling in Marshall Islands?
- Over the last ten years it is down 24.2%. 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 (constant LCU), 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 (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (constant LCU) ÷ GDP (current US$)
Computed from
- Imports of goods and services Country official statistics, National Statistical Offices (NSOs)
- 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 (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.