Merchandise trade as a proportion of GDP in Marshall Islands
Marshall Islands: Merchandise trade as a proportion of GDP was 56.9% in 2024. ▼ Falling
Merchandise trade as a proportion of GDP in Marshall Islands, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Marshall Islands recorded 56.9% for merchandise trade as a proportion of gdp in 2024.
That represents a change of down 10.7% on the previous year and down 44.6% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Marshall Islands peaked at 136.7% in 2012 and was at its lowest, 48.8%, in 2020.
Marshall Islands ranks 101st of 218 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Merchandise trade as a proportion of GDP in Marshall Islands, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 55.7% | — |
| 2001 | 56.4% | +1.1% |
| 2002 | 62.1% | +10.2% |
| 2003 | 68.6% | +10.5% |
| 2004 | 78.3% | +14.0% |
| 2005 | 86.2% | +10.2% |
| 2006 | 76.1% | -11.7% |
| 2007 | 78.4% | +3.0% |
| 2008 | 81.9% | +4.4% |
| 2009 | 83.3% | +1.8% |
| 2010 | 113.0% | +35.6% |
| 2011 | 104.5% | -7.5% |
| 2012 | 136.7% | +30.8% |
| 2013 | 113.7% | -16.8% |
| 2014 | 102.7% | -9.7% |
| 2015 | 87.1% | -15.2% |
| 2016 | 65.9% | -24.3% |
| 2017 | 60.8% | -7.7% |
| 2018 | 52.7% | -13.3% |
| 2019 | 52.8% | +0.2% |
| 2020 | 48.8% | -7.6% |
| 2021 | 65.5% | +34.1% |
| 2022 | 73.4% | +12.2% |
| 2023 | 63.7% | -13.3% |
| 2024 | 56.9% | -10.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 72.7% | 55.7% | 86.2% | 10 |
| 2010s | 89.0% | 52.7% | 136.7% | 10 |
| 2020s | 61.7% | 48.8% | 73.4% | 5 |
Countries ranked near Marshall Islands
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- External balance on goods and services as a percent of GDP -43.8% (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- Gdp worldbank constant usd, per capita 6,174 units per person (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7273 units per US$ of GDP (2025)
- GDP per capita 6,174 constant 2015 US$ (2025)
- External balance on goods and services -135.00 million current US$ (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Marshall Islands?
- Merchandise trade as a proportion of gdp in Marshall Islands was 56.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Marshall Islands?
- The highest recorded value was 136.7% in 2012.
- What is the lowest merchandise trade as a proportion of gdp recorded in Marshall Islands?
- The lowest recorded value was 48.8% in 2020.
- How does Marshall Islands rank for merchandise trade as a proportion of gdp?
- Marshall Islands ranks 101st out of 218 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Marshall Islands?
- Over the last ten years it is down 44.6%. The long-run trend across the full record is falling.
- Where does this Marshall Islands data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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