Secondary income, other sectors, payments (BoP, current US$), per in Marshall Islands
Marshall Islands: Secondary income, other sectors, payments (BoP, current US$), per was 0.0471 BoP, current US$ per US$ of GDP in 2024. ▲ Rising
Secondary income, other sectors, payments (BoP, current US$), per in Marshall Islands, 2005–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2024, secondary income, other sectors, payments (bop, current us$), per in Marshall Islands stood at 0.0471 BoP, current US$ per US$ of GDP.
The figure is down 4.7% on the previous year and down 49.7% over ten years.
Over the whole period, secondary income, other sectors, payments (bop, current us$), per in Marshall Islands peaked at 0.0955 BoP, current US$ per US$ of GDP in 2015 and was at its lowest, 0.0258 BoP, current US$ per US$ of GDP, in 2007.
Marshall Islands ranks 27th of 197 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Secondary income, other sectors, payments (BoP, current US$), per in Marshall Islands, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.026 BoP, current US$ per US$ of GDP | — |
| 2006 | 0.0259 BoP, current US$ per US$ of GDP | -0.1% |
| 2007 | 0.0258 BoP, current US$ per US$ of GDP | -0.5% |
| 2008 | 0.028 BoP, current US$ per US$ of GDP | +8.5% |
| 2009 | 0.0293 BoP, current US$ per US$ of GDP | +4.7% |
| 2010 | 0.033 BoP, current US$ per US$ of GDP | +12.6% |
| 2011 | 0.0347 BoP, current US$ per US$ of GDP | +5.2% |
| 2012 | 0.0702 BoP, current US$ per US$ of GDP | +102.2% |
| 2013 | 0.0799 BoP, current US$ per US$ of GDP | +13.8% |
| 2014 | 0.0936 BoP, current US$ per US$ of GDP | +17.2% |
| 2015 | 0.0955 BoP, current US$ per US$ of GDP | +2.0% |
| 2016 | 0.087 BoP, current US$ per US$ of GDP | -9.0% |
| 2017 | 0.0911 BoP, current US$ per US$ of GDP | +4.7% |
| 2018 | 0.0885 BoP, current US$ per US$ of GDP | -2.9% |
| 2019 | 0.051 BoP, current US$ per US$ of GDP | -42.4% |
| 2020 | 0.0518 BoP, current US$ per US$ of GDP | +1.6% |
| 2021 | 0.0533 BoP, current US$ per US$ of GDP | +2.9% |
| 2022 | 0.0452 BoP, current US$ per US$ of GDP | -15.1% |
| 2023 | 0.0494 BoP, current US$ per US$ of GDP | +9.2% |
| 2024 | 0.0471 BoP, current US$ per US$ of GDP | -4.7% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.0471 BoP, current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.0115 BoP, current US$ per US$ of GDP, 4.1× the median. (55 countries reporting)
- Marshall Islands's 0.0471 BoP, current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.0151 BoP, current US$ per US$ of GDP, 3.1× the median. (32 countries reporting)
Biggest year-on-year movements
Years where Secondary income, other sectors, payments (BoP, current US$), per in Marshall Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +102.2% | 0.0347 BoP, current US$ per US$ of GDP | 0.0702 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.027 BoP, current US$ per US$ of GDP | 0.0258 BoP, current US$ per US$ of GDP | 0.0293 BoP, current US$ per US$ of GDP | 5 |
| 2010s | 0.0725 BoP, current US$ per US$ of GDP | 0.033 BoP, current US$ per US$ of GDP | 0.0955 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0494 BoP, current US$ per US$ of GDP | 0.0452 BoP, current US$ per US$ of GDP | 0.0533 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 24 Aruba 0.0511 BoP, current US$ per US$ of GDP compare
- 25 Micronesia (country) 0.0511 BoP, current US$ per US$ of GDP compare
- 26 Saudi Arabia 0.0482 BoP, current US$ per US$ of GDP compare
- 28 Malta 0.0464 BoP, current US$ per US$ of GDP compare
- 29 Comoros 0.0457 BoP, current US$ per US$ of GDP compare
- 30 Saint Kitts and Nevis 0.0425 BoP, current US$ per US$ of GDP 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 0.0471 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest secondary income, other sectors, payments (bop, current us$), per recorded in Marshall Islands?
- The highest recorded value was 0.0955 BoP, current US$ per US$ of GDP in 2015.
- What is the lowest secondary income, other sectors, payments (bop, current us$), per recorded in Marshall Islands?
- The lowest recorded value was 0.0258 BoP, current US$ per US$ of GDP in 2007.
- How does Marshall Islands rank for secondary income, other sectors, payments (bop, current us$), per?
- Marshall Islands ranks 27th out of 197 countries with data for 2024.
- Is secondary income, other sectors, payments (bop, current us$), per rising or falling in Marshall Islands?
- Over the last ten years it is down 49.7%. The long-run trend across the full record is rising.
- 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$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Secondary income, other sectors, payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Secondary income, other sectors, payments (BoP, current US$) ÷ GDP (current US$)
Computed from
- Secondary income, other sectors, payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Secondary income, other sectors, payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.