Net secondary income (BoP, current US$), annual growth rate in Marshall Islands
Marshall Islands: Net secondary income (BoP, current US$), annual growth rate was 26.64 % change on previous year in 2024. ◆ Volatile
Net secondary income (BoP, current US$), annual growth rate in Marshall Islands, 2006–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Marshall Islands recorded 26.64 % change on previous year for net secondary income (bop, current us$), annual growth rate in 2024.
That represents a change of up 439.2% on the previous year and up 715.1% over ten years.
Over the whole period, net secondary income (bop, current us$), annual growth rate in Marshall Islands peaked at 43 % change on previous year in 2022 and was at its lowest, -23.25 % change on previous year, in 2017.
That places Marshall Islands 29th out of 199 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income (BoP, current US$), annual growth rate in Marshall Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2006 | -5.85 % change on previous year | — |
| 2007 | 14.51 % change on previous year | -348.0% |
| 2008 | 0.2318 % change on previous year | -98.4% |
| 2009 | -3.27 % change on previous year | -1511.0% |
| 2010 | -0.5083 % change on previous year | -84.5% |
| 2011 | -2.35 % change on previous year | +362.7% |
| 2012 | -7.53 % change on previous year | +220.0% |
| 2013 | 4.49 % change on previous year | -159.7% |
| 2014 | -4.33 % change on previous year | -196.5% |
| 2015 | -0.7101 % change on previous year | -83.6% |
| 2016 | 0.1401 % change on previous year | -119.7% |
| 2017 | -23.25 % change on previous year | -16697.1% |
| 2018 | 4.44 % change on previous year | -119.1% |
| 2019 | 36.69 % change on previous year | +725.9% |
| 2020 | 14.78 % change on previous year | -59.7% |
| 2021 | 10.62 % change on previous year | -28.1% |
| 2022 | 43 % change on previous year | +305.0% |
| 2023 | -7.85 % change on previous year | -118.3% |
| 2024 | 26.64 % change on previous year | -439.2% |
Marshall Islands compared with similar countries
- Marshall Islands's 26.64 % change on previous year is above the median for upper middle income countries, which is 5.64 % change on previous year, 4.7× the median. (57 countries reporting)
- Marshall Islands's 26.64 % change on previous year is above the median for East Asia & Pacific, which is -0.1992 % change on previous year. (33 countries reporting)
Biggest year-on-year movements
Years where Net secondary income (BoP, current US$), annual growth rate in Marshall Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | -16697.1% | 0.1401 % change on previous year | -23.25 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.41 % change on previous year | -5.85 % change on previous year | 14.51 % change on previous year | 4 |
| 2010s | 0.7079 % change on previous year | -23.25 % change on previous year | 36.69 % change on previous year | 10 |
| 2020s | 17.44 % change on previous year | -7.85 % change on previous year | 43 % change on previous year | 5 |
Countries ranked near Marshall Islands
- 26 Hungary 32.82 % change on previous year compare
- 27 Chad 30.59 % change on previous year
- 28 Uzbekistan 29.76 % change on previous year compare
- 30 Lithuania 26.41 % change on previous year compare
- 31 Honduras 26.04 % change on previous year compare
- 32 Eswatini 25.54 % change on previous year compare
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Foreign direct investment, net inflows (BoP, current US$), 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 net secondary income (bop, current us$), annual growth rate in Marshall Islands?
- Net secondary income (bop, current us$), annual growth rate in Marshall Islands was 26.64 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net secondary income (bop, current us$), annual growth rate recorded in Marshall Islands?
- The highest recorded value was 43 % change on previous year in 2022.
- What is the lowest net secondary income (bop, current us$), annual growth rate recorded in Marshall Islands?
- The lowest recorded value was -23.25 % change on previous year in 2017.
- How does Marshall Islands rank for net secondary income (bop, current us$), annual growth rate?
- Marshall Islands ranks 29th out of 199 countries with data for 2024.
- Is net secondary income (bop, current us$), annual growth rate rising or falling in Marshall Islands?
- Over the last ten years it is up 715.1%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from Statizoid (derived), published as part of Net secondary income (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net secondary income (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net secondary income Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
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
The year-on-year percentage change in Net secondary income (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.