Imports of goods, services and primary income in Marshall Islands
Marshall Islands: Imports of goods, services and primary income was 294.39 million BoP, current US$ in 2024. ▲ Rising
Imports of goods, services and primary income in Marshall Islands, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, imports of goods, services and primary income in Marshall Islands stood at 294.39 million BoP, current US$. That is the highest value across all 20 years on record.
That represents a change of up 13.3% on the previous year and up 40.0% over ten years.
Over the whole period, imports of goods, services and primary income in Marshall Islands peaked at 294.39 million BoP, current US$ in 2024 and was at its lowest, 143.58 million BoP, current US$, in 2006.
Marshall Islands ranks 194th of 200 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Imports of goods, services and primary income in Marshall Islands, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 145.36 million BoP, current US$ | — |
| 2006 | 143.58 million BoP, current US$ | -1.2% |
| 2007 | 154.40 million BoP, current US$ | +7.5% |
| 2008 | 152.10 million BoP, current US$ | -1.5% |
| 2009 | 170.25 million BoP, current US$ | +11.9% |
| 2010 | 179.22 million BoP, current US$ | +5.3% |
| 2011 | 197.45 million BoP, current US$ | +10.2% |
| 2012 | 246.56 million BoP, current US$ | +24.9% |
| 2013 | 256.73 million BoP, current US$ | +4.1% |
| 2014 | 210.30 million BoP, current US$ | -18.1% |
| 2015 | 178.23 million BoP, current US$ | -15.3% |
| 2016 | 190.71 million BoP, current US$ | +7.0% |
| 2017 | 202.15 million BoP, current US$ | +6.0% |
| 2018 | 200.41 million BoP, current US$ | -0.9% |
| 2019 | 151.93 million BoP, current US$ | -24.2% |
| 2020 | 154.86 million BoP, current US$ | +1.9% |
| 2021 | 217.69 million BoP, current US$ | +40.6% |
| 2022 | 276.57 million BoP, current US$ | +27.0% |
| 2023 | 259.73 million BoP, current US$ | -6.1% |
| 2024 | 294.39 million BoP, current US$ | +13.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 153.14 million BoP, current US$ | 143.58 million BoP, current US$ | 170.25 million BoP, current US$ | 5 |
| 2010s | 201.37 million BoP, current US$ | 151.93 million BoP, current US$ | 256.73 million BoP, current US$ | 10 |
| 2020s | 240.65 million BoP, current US$ | 154.86 million BoP, current US$ | 294.39 million BoP, current US$ | 5 |
Countries ranked near Marshall Islands
- 191 Chad 423.85 million BoP, current US$
- 192 Tonga 419.37 million BoP, current US$ compare
- 193 Kiribati 387.85 million BoP, current US$ compare
- 195 Central African Republic 267.11 million BoP, current US$
- 196 Micronesia, Federated States of 259.26 million BoP, current US$ compare
- 197 Palau 247.40 million BoP, current US$ 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, services and primary income in Marshall Islands?
- Imports of goods, services and primary income in Marshall Islands was 294.39 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods, services and primary income recorded in Marshall Islands?
- The highest recorded value was 294.39 million BoP, current US$ in 2024.
- What is the lowest imports of goods, services and primary income recorded in Marshall Islands?
- The lowest recorded value was 143.58 million BoP, current US$ in 2006.
- How does Marshall Islands rank for imports of goods, services and primary income?
- Marshall Islands ranks 194th out of 200 countries with data for 2024.
- Is imports of goods, services and primary income rising or falling in Marshall Islands?
- Over the last ten years it is up 40.0%. 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 Imports of goods, services and primary income (BoP, current US$). 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. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. 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.