Secondary income, other sectors, payments in Marshall Islands
Marshall Islands: Secondary income, other sectors, payments was 13.42 million BoP, current US$ in 2024. ▲ Rising
Secondary income, other sectors, payments in Marshall Islands, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, secondary income, other sectors, payments in Marshall Islands stood at 13.42 million BoP, current US$.
The figure is up 2.9% on the previous year and down 23.0% over ten years.
Over the whole period, secondary income, other sectors, payments in Marshall Islands peaked at 19.47 million BoP, current US$ in 2017 and was at its lowest, 3.58 million BoP, current US$, in 2005.
Marshall Islands ranks 186th of 197 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Secondary income, other sectors, payments in Marshall Islands, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 3.58 million BoP, current US$ | — |
| 2006 | 3.71 million BoP, current US$ | +3.7% |
| 2007 | 3.88 million BoP, current US$ | +4.6% |
| 2008 | 4.11 million BoP, current US$ | +5.7% |
| 2009 | 4.43 million BoP, current US$ | +8.0% |
| 2010 | 5.32 million BoP, current US$ | +20.0% |
| 2011 | 5.99 million BoP, current US$ | +12.5% |
| 2012 | 12.69 million BoP, current US$ | +112.0% |
| 2013 | 14.89 million BoP, current US$ | +17.4% |
| 2014 | 17.42 million BoP, current US$ | +16.9% |
| 2015 | 17.55 million BoP, current US$ | +0.8% |
| 2016 | 17.55 million BoP, current US$ | +0.0% |
| 2017 | 19.47 million BoP, current US$ | +10.9% |
| 2018 | 19.47 million BoP, current US$ | +0.0% |
| 2019 | 11.87 million BoP, current US$ | -39.0% |
| 2020 | 12.52 million BoP, current US$ | +5.5% |
| 2021 | 13.92 million BoP, current US$ | +11.2% |
| 2022 | 11.71 million BoP, current US$ | -15.9% |
| 2023 | 13.04 million BoP, current US$ | +11.4% |
| 2024 | 13.42 million BoP, current US$ | +2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.94 million BoP, current US$ | 3.58 million BoP, current US$ | 4.43 million BoP, current US$ | 5 |
| 2010s | 14.22 million BoP, current US$ | 5.32 million BoP, current US$ | 19.47 million BoP, current US$ | 10 |
| 2020s | 12.92 million BoP, current US$ | 11.71 million BoP, current US$ | 13.92 million BoP, current US$ | 5 |
Countries ranked near Marshall Islands
- 183 Djibouti 18.16 million BoP, current US$ compare
- 184 Micronesia (country) 16.16 million BoP, current US$ compare
- 185 Chad 15.98 million BoP, current US$
- 187 Gambia 12.86 million BoP, current US$ compare
- 188 Equatorial Guinea 6.62 million BoP, current US$
- 189 Vanuatu 6.50 million BoP, current US$ compare
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)
- Imports of goods and services 79.9% (2025)
Frequently asked questions
- What is secondary income, other sectors, payments in Marshall Islands?
- Secondary income, other sectors, payments in Marshall Islands was 13.42 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income, other sectors, payments recorded in Marshall Islands?
- The highest recorded value was 19.47 million BoP, current US$ in 2017.
- What is the lowest secondary income, other sectors, payments recorded in Marshall Islands?
- The lowest recorded value was 3.58 million BoP, current US$ in 2005.
- How does Marshall Islands rank for secondary income, other sectors, payments?
- Marshall Islands ranks 186th out of 197 countries with data for 2024.
- Is secondary income, other sectors, payments rising or falling in Marshall Islands?
- Over the last ten years it is down 23.0%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Secondary income, other sectors, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.