Secondary income, other sectors, payments (BoP, current US$), per in Marshall Islands
Marshall Islands: Secondary income, other sectors, payments (BoP, current US$), per was 72,458 BoP, current US$ per square kilometre in 2023. ◆ Volatile
Secondary income, other sectors, payments (BoP, current US$), per in Marshall Islands, 2005–2023
Source: Statizoid (derived). Measured in BoP, current US$ per square kilometre.
Analysis
In 2023, secondary income, other sectors, payments (bop, current us$), per in Marshall Islands stood at 72,458 BoP, current US$ per square kilometre.
That represents a change of up 11.4% on the previous year and down 12.4% over ten years.
Over the whole period, secondary income, other sectors, payments (bop, current us$), per in Marshall Islands peaked at 108,146 BoP, current US$ per square kilometre in 2017 and was at its lowest, 19,895 BoP, current US$ per square kilometre, in 2005.
That places Marshall Islands 43rd out of 196 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income, other sectors, payments (BoP, current US$), per in Marshall Islands, year by year
| Year | BoP, current US$ per square kilometre | Change |
|---|---|---|
| 2005 | 19,895 BoP, current US$ per square kilometre | — |
| 2006 | 20,622 BoP, current US$ per square kilometre | +3.7% |
| 2007 | 21,574 BoP, current US$ per square kilometre | +4.6% |
| 2008 | 22,810 BoP, current US$ per square kilometre | +5.7% |
| 2009 | 24,633 BoP, current US$ per square kilometre | +8.0% |
| 2010 | 29,557 BoP, current US$ per square kilometre | +20.0% |
| 2011 | 33,254 BoP, current US$ per square kilometre | +12.5% |
| 2012 | 70,502 BoP, current US$ per square kilometre | +112.0% |
| 2013 | 82,744 BoP, current US$ per square kilometre | +17.4% |
| 2014 | 96,752 BoP, current US$ per square kilometre | +16.9% |
| 2015 | 97,512 BoP, current US$ per square kilometre | +0.8% |
| 2016 | 97,512 BoP, current US$ per square kilometre | +0.0% |
| 2017 | 108,146 BoP, current US$ per square kilometre | +10.9% |
| 2018 | 108,146 BoP, current US$ per square kilometre | +0.0% |
| 2019 | 65,936 BoP, current US$ per square kilometre | -39.0% |
| 2020 | 69,580 BoP, current US$ per square kilometre | +5.5% |
| 2021 | 77,358 BoP, current US$ per square kilometre | +11.2% |
| 2022 | 65,039 BoP, current US$ per square kilometre | -15.9% |
| 2023 | 72,458 BoP, current US$ per square kilometre | +11.4% |
Marshall Islands compared with similar countries
- Marshall Islands's 72,458 BoP, current US$ per square kilometre is above the median for upper middle income countries, which is 4,936 BoP, current US$ per square kilometre, 14.7× the median. (54 countries reporting)
- Marshall Islands's 72,458 BoP, current US$ per square kilometre is above the median for East Asia & Pacific, which is 11,677 BoP, current US$ per square kilometre, 6.2× the median. (32 countries reporting)
Biggest year-on-year movements
Years where Secondary income, other sectors, payments (BoP, current US$), per in Marshall Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +112.0% | 33,254 BoP, current US$ per square kilometre | 70,502 BoP, current US$ per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21,907 BoP, current US$ per square kilometre | 19,895 BoP, current US$ per square kilometre | 24,633 BoP, current US$ per square kilometre | 5 |
| 2010s | 79,006 BoP, current US$ per square kilometre | 29,557 BoP, current US$ per square kilometre | 108,146 BoP, current US$ per square kilometre | 10 |
| 2020s | 71,109 BoP, current US$ per square kilometre | 65,039 BoP, current US$ per square kilometre | 77,358 BoP, current US$ per square kilometre | 4 |
Countries ranked near Marshall Islands
- 40 Austria 81,001 BoP, current US$ per square kilometre compare
- 41 Slovenia 76,549 BoP, current US$ per square kilometre compare
- 42 Italy 74,803 BoP, current US$ per square kilometre compare
- 44 Saint Lucia 69,353 BoP, current US$ per square kilometre compare
- 45 Tuvalu 66,424 BoP, current US$ per square kilometre compare
- 46 Trinidad and Tobago 66,162 BoP, current US$ per square kilometre 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 secondary income, other sectors, payments (bop, current us$), per in Marshall Islands?
- Secondary income, other sectors, payments (bop, current us$), per in Marshall Islands was 72,458 BoP, current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest secondary income, other sectors, payments (bop, current us$), per recorded in Marshall Islands?
- The highest recorded value was 108,146 BoP, current US$ per square kilometre in 2017.
- What is the lowest secondary income, other sectors, payments (bop, current us$), per recorded in Marshall Islands?
- The lowest recorded value was 19,895 BoP, current US$ per square kilometre in 2005.
- How does Marshall Islands rank for secondary income, other sectors, payments (bop, current us$), per?
- Marshall Islands ranks 43rd out of 196 countries with data for 2023.
- Is secondary income, other sectors, payments (bop, current us$), per rising or falling in Marshall Islands?
- Over the last ten years it is down 12.4%. 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 Secondary income, other sectors, payments (BoP, current US$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Secondary income, other sectors, payments (BoP, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Secondary income, other sectors, payments (BoP, current US$) ÷ Land area (sq. km)
Computed from
- Secondary income, other sectors, payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Secondary income, other sectors, payments (BoP, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.