Net trade in goods and services (BoP, current US$), annual growth rate in Marshall Islands
Marshall Islands: Net trade in goods and services (BoP, current US$), annual growth rate was -4.36 % change on previous year in 2024. ◆ Volatile
Net trade in goods and services (BoP, current US$), annual growth rate in Marshall Islands, 2006–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for net trade in goods and services (bop, current us$), annual growth rate in Marshall Islands is -4.36 % change on previous year, measured in 2024.
The figure is down 134.2% on the previous year and down 37.3% over ten years.
Over the whole period, net trade in goods and services (bop, current us$), annual growth rate in Marshall Islands peaked at 44.73 % change on previous year in 2018 and was at its lowest, -69.65 % change on previous year, in 2021.
Marshall Islands ranks 105th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services (BoP, current US$), annual growth rate in Marshall Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2006 | 0.0138 % change on previous year | — |
| 2007 | -11.27 % change on previous year | -81861.2% |
| 2008 | 3.15 % change on previous year | -127.9% |
| 2009 | -16.08 % change on previous year | -610.6% |
| 2010 | 13.7 % change on previous year | -185.2% |
| 2011 | 8.9 % change on previous year | -35.0% |
| 2012 | 30.43 % change on previous year | +241.9% |
| 2013 | -29.45 % change on previous year | -196.8% |
| 2014 | -3.17 % change on previous year | -89.2% |
| 2015 | -19.93 % change on previous year | +528.0% |
| 2016 | -11.28 % change on previous year | -43.4% |
| 2017 | 33.05 % change on previous year | -393.0% |
| 2018 | 44.73 % change on previous year | +35.3% |
| 2019 | 16.44 % change on previous year | -63.3% |
| 2020 | -17.01 % change on previous year | -203.5% |
| 2021 | -69.65 % change on previous year | +309.4% |
| 2022 | -65.62 % change on previous year | -5.8% |
| 2023 | 12.72 % change on previous year | -119.4% |
| 2024 | -4.36 % change on previous year | -134.2% |
Marshall Islands compared with similar countries
- Marshall Islands's -4.36 % change on previous year is above the median for upper middle income countries, which is -7.86 % change on previous year, 55% of the median. (57 countries reporting)
- Marshall Islands's -4.36 % change on previous year is below the median for East Asia & Pacific, which is 11.08 % change on previous year. (33 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods and services (BoP, current US$), annual growth rate in Marshall Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | -81861.2% | 0.0138 % change on previous year | -11.27 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -6.05 % change on previous year | -16.08 % change on previous year | 3.15 % change on previous year | 4 |
| 2010s | 8.34 % change on previous year | -29.45 % change on previous year | 44.73 % change on previous year | 10 |
| 2020s | -28.79 % change on previous year | -69.65 % change on previous year | 12.72 % change on previous year | 5 |
Countries ranked near Marshall Islands
- 102 Slovenia -3.11 % change on previous year compare
- 103 Tuvalu -3.61 % change on previous year compare
- 104 Palestine -4.25 % change on previous year compare
- 106 Ecuador -4.62 % change on previous year compare
- 107 Italy -4.86 % change on previous year compare
- 108 East Timor -5 % change on previous year compare
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Foreign direct investment, net inflows (BoP, current US$), 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 trade in goods and services (bop, current us$), annual growth rate in Marshall Islands?
- Net trade in goods and services (bop, current us$), annual growth rate in Marshall Islands was -4.36 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net trade in goods and services (bop, current us$), annual growth rate recorded in Marshall Islands?
- The highest recorded value was 44.73 % change on previous year in 2018.
- What is the lowest net trade in goods and services (bop, current us$), annual growth rate recorded in Marshall Islands?
- The lowest recorded value was -69.65 % change on previous year in 2021.
- How does Marshall Islands rank for net trade in goods and services (bop, current us$), annual growth rate?
- Marshall Islands ranks 105th out of 199 countries with data for 2024.
- Is net trade in goods and services (bop, current us$), annual growth rate rising or falling in Marshall Islands?
- Over the last ten years it is down 37.3%. 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 trade in goods and services (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net trade in goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net trade in goods and services 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 trade in goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.