Value of imported goods as a share of GDP in Marshall Islands
Marshall Islands: Value of imported goods as a share of GDP was 96.4% in 2014. ▲ Rising
Value of imported goods as a share of GDP in Marshall Islands, 1994–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for value of imported goods as a share of gdp in Marshall Islands is 96.4%, measured in 2014. That is the highest value across all 21 years on record.
The figure is up 31.0% on the previous year and up 50.8% over ten years.
Over the whole period, value of imported goods as a share of gdp in Marshall Islands peaked at 96.4% in 2014 and was at its lowest, 48.6%, in 2001.
That places Marshall Islands 20th out of 193 countries with data for 2014, putting it in the top 10%.
The long-run direction has been consistently rising across the 21 years of available data.
Value of imported goods as a share of GDP in Marshall Islands, year by year
| Year | % | Change |
|---|---|---|
| 1994 | 65.1% | — |
| 1995 | 62.1% | -4.7% |
| 1996 | 65.4% | +5.4% |
| 1997 | 57.4% | -12.3% |
| 1998 | 61.9% | +7.9% |
| 1999 | 63.8% | +3.1% |
| 2000 | 49.3% | -22.7% |
| 2001 | 48.6% | -1.4% |
| 2002 | 54.1% | +11.3% |
| 2003 | 59.3% | +9.5% |
| 2004 | 63.9% | +7.8% |
| 2005 | 68.2% | +6.7% |
| 2006 | 63.3% | -7.2% |
| 2007 | 66.6% | +5.2% |
| 2008 | 65.4% | -1.8% |
| 2009 | 69.0% | +5.5% |
| 2010 | 91.6% | +32.7% |
| 2011 | 75.2% | -17.9% |
| 2012 | 75.9% | +0.9% |
| 2013 | 73.6% | -3.0% |
| 2014 | 96.4% | +31.0% |
Marshall Islands compared with similar countries
- Marshall Islands's 96.4% is above the median for upper middle income countries, which is 41.9%, 2.3× the median. (56 countries reporting)
- Marshall Islands's 96.4% is above the median for East Asia & Pacific, which is 50.8%, 1.9× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 62.6% | 57.4% | 65.4% | 6 |
| 2000s | 60.8% | 48.6% | 69.0% | 10 |
| 2010s | 82.5% | 73.6% | 96.4% | 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 value of imported goods as a share of gdp in Marshall Islands?
- Value of imported goods as a share of gdp in Marshall Islands was 96.4% in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Marshall Islands?
- The highest recorded value was 96.4% in 2014.
- What is the lowest value of imported goods as a share of gdp recorded in Marshall Islands?
- The lowest recorded value was 48.6% in 2001.
- How does Marshall Islands rank for value of imported goods as a share of gdp?
- Marshall Islands ranks 20th out of 193 countries with data for 2014.
- Is value of imported goods as a share of gdp rising or falling in Marshall Islands?
- Over the last ten years it is up 50.8%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Estimates correspond to merchandise import-to-GDP ratios for countries and regions. All ratios are taken at current prices. See source for more details.