Service imports (BoP, current US$), per unit of GDP in Marshall Islands
Marshall Islands: Service imports (BoP, current US$), per unit of GDP was 0.2253 BoP, current US$ per US$ of GDP in 2024. ▼ Falling
Service imports (BoP, current US$), per unit of GDP in Marshall Islands, 2005–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for service imports (bop, current us$), per unit of gdp in Marshall Islands is 0.2253 BoP, current US$ per US$ of GDP, measured in 2024. That is the lowest value across all 20 years on record.
Compared with earlier readings it is down 1.0% on the previous year and down 30.6% over ten years.
Over the whole period, service imports (bop, current us$), per unit of gdp in Marshall Islands peaked at 0.4208 BoP, current US$ per US$ of GDP in 2009 and was at its lowest, 0.2253 BoP, current US$ per US$ of GDP, in 2024.
Marshall Islands ranks 32nd of 199 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Service imports (BoP, current US$), per unit of GDP in Marshall Islands, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.3601 BoP, current US$ per US$ of GDP | — |
| 2006 | 0.3297 BoP, current US$ per US$ of GDP | -8.5% |
| 2007 | 0.3506 BoP, current US$ per US$ of GDP | +6.4% |
| 2008 | 0.3353 BoP, current US$ per US$ of GDP | -4.4% |
| 2009 | 0.4208 BoP, current US$ per US$ of GDP | +25.5% |
| 2010 | 0.3367 BoP, current US$ per US$ of GDP | -20.0% |
| 2011 | 0.3389 BoP, current US$ per US$ of GDP | +0.7% |
| 2012 | 0.3368 BoP, current US$ per US$ of GDP | -0.6% |
| 2013 | 0.3587 BoP, current US$ per US$ of GDP | +6.5% |
| 2014 | 0.3246 BoP, current US$ per US$ of GDP | -9.5% |
| 2015 | 0.3233 BoP, current US$ per US$ of GDP | -0.4% |
| 2016 | 0.3277 BoP, current US$ per US$ of GDP | +1.4% |
| 2017 | 0.2445 BoP, current US$ per US$ of GDP | -25.4% |
| 2018 | 0.2534 BoP, current US$ per US$ of GDP | +3.7% |
| 2019 | 0.2561 BoP, current US$ per US$ of GDP | +1.1% |
| 2020 | 0.2598 BoP, current US$ per US$ of GDP | +1.5% |
| 2021 | 0.28 BoP, current US$ per US$ of GDP | +7.8% |
| 2022 | 0.2263 BoP, current US$ per US$ of GDP | -19.2% |
| 2023 | 0.2275 BoP, current US$ per US$ of GDP | +0.5% |
| 2024 | 0.2253 BoP, current US$ per US$ of GDP | -1.0% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.2253 BoP, current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.1109 BoP, current US$ per US$ of GDP, 2.0× the median. (57 countries reporting)
- Marshall Islands's 0.2253 BoP, current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.1335 BoP, current US$ per US$ of GDP, 1.7× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3593 BoP, current US$ per US$ of GDP | 0.3297 BoP, current US$ per US$ of GDP | 0.4208 BoP, current US$ per US$ of GDP | 5 |
| 2010s | 0.3101 BoP, current US$ per US$ of GDP | 0.2445 BoP, current US$ per US$ of GDP | 0.3587 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.2438 BoP, current US$ per US$ of GDP | 0.2253 BoP, current US$ per US$ of GDP | 0.28 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 29 Micronesia (country) 0.2431 BoP, current US$ per US$ of GDP compare
- 30 Belgium 0.2412 BoP, current US$ per US$ of GDP compare
- 31 Libya 0.2284 BoP, current US$ per US$ of GDP compare
- 33 Hong Kong 0.2204 BoP, current US$ per US$ of GDP compare
- 34 Saint Kitts and Nevis 0.2185 BoP, current US$ per US$ of GDP compare
- 35 Netherlands 0.2157 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 service imports (bop, current us$), per unit of gdp in Marshall Islands?
- Service imports (bop, current us$), per unit of gdp in Marshall Islands was 0.2253 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest service imports (bop, current us$), per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 0.4208 BoP, current US$ per US$ of GDP in 2009.
- What is the lowest service imports (bop, current us$), per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 0.2253 BoP, current US$ per US$ of GDP in 2024.
- How does Marshall Islands rank for service imports (bop, current us$), per unit of gdp?
- Marshall Islands ranks 32nd out of 199 countries with data for 2024.
- Is service imports (bop, current us$), per unit of gdp rising or falling in Marshall Islands?
- Over the last ten years it is down 30.6%. The long-run trend across the full record is falling.
- Where does this Marshall Islands data come from?
- The figures come from Statizoid (derived), published as part of Service imports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Service imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service imports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.