Services, value added (current LCU), per unit of GDP in Marshall Islands
Marshall Islands: Services, value added (current LCU), per unit of GDP was 0.6819 current LCU per US$ of GDP in 2024. ▼ Falling
Services, value added (current LCU), per unit of GDP in Marshall Islands, 1997–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Marshall Islands recorded 0.6819 current LCU per US$ of GDP for services, value added (current lcu), per unit of gdp in 2024.
That represents a change of down 2.1% on the previous year and down 3.8% over ten years.
Over the whole period, services, value added (current lcu), per unit of gdp in Marshall Islands peaked at 0.7862 current LCU per US$ of GDP in 2005 and was at its lowest, 0.6432 current LCU per US$ of GDP, in 2021.
That places Marshall Islands 167th out of 204 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 28 years of available data.
Services, value added (current LCU), per unit of GDP in Marshall Islands, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1997 | 0.7151 current LCU per US$ of GDP | — |
| 1998 | 0.7133 current LCU per US$ of GDP | -0.2% |
| 1999 | 0.6938 current LCU per US$ of GDP | -2.7% |
| 2000 | 0.7394 current LCU per US$ of GDP | +6.6% |
| 2001 | 0.7295 current LCU per US$ of GDP | -1.3% |
| 2002 | 0.7292 current LCU per US$ of GDP | -0.0% |
| 2003 | 0.7545 current LCU per US$ of GDP | +3.5% |
| 2004 | 0.7796 current LCU per US$ of GDP | +3.3% |
| 2005 | 0.7862 current LCU per US$ of GDP | +0.8% |
| 2006 | 0.7705 current LCU per US$ of GDP | -2.0% |
| 2007 | 0.7646 current LCU per US$ of GDP | -0.8% |
| 2008 | 0.7679 current LCU per US$ of GDP | +0.4% |
| 2009 | 0.7626 current LCU per US$ of GDP | -0.7% |
| 2010 | 0.7171 current LCU per US$ of GDP | -6.0% |
| 2011 | 0.6934 current LCU per US$ of GDP | -3.3% |
| 2012 | 0.6725 current LCU per US$ of GDP | -3.0% |
| 2013 | 0.6778 current LCU per US$ of GDP | +0.8% |
| 2014 | 0.7092 current LCU per US$ of GDP | +4.6% |
| 2015 | 0.7574 current LCU per US$ of GDP | +6.8% |
| 2016 | 0.7169 current LCU per US$ of GDP | -5.4% |
| 2017 | 0.7197 current LCU per US$ of GDP | +0.4% |
| 2018 | 0.725 current LCU per US$ of GDP | +0.7% |
| 2019 | 0.6979 current LCU per US$ of GDP | -3.7% |
| 2020 | 0.6889 current LCU per US$ of GDP | -1.3% |
| 2021 | 0.6432 current LCU per US$ of GDP | -6.6% |
| 2022 | 0.6906 current LCU per US$ of GDP | +7.4% |
| 2023 | 0.6966 current LCU per US$ of GDP | +0.9% |
| 2024 | 0.6819 current LCU per US$ of GDP | -2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7074 current LCU per US$ of GDP | 0.6938 current LCU per US$ of GDP | 0.7151 current LCU per US$ of GDP | 3 |
| 2000s | 0.7584 current LCU per US$ of GDP | 0.7292 current LCU per US$ of GDP | 0.7862 current LCU per US$ of GDP | 10 |
| 2010s | 0.7087 current LCU per US$ of GDP | 0.6725 current LCU per US$ of GDP | 0.7574 current LCU per US$ of GDP | 10 |
| 2020s | 0.6802 current LCU per US$ of GDP | 0.6432 current LCU per US$ of GDP | 0.6966 current LCU per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 164 Timor-Leste 0.7163 current LCU per US$ of GDP compare
- 165 Panama 0.7002 current LCU per US$ of GDP compare
- 166 Andorra 0.6884 current LCU per US$ of GDP compare
- 168 Cyprus 0.6801 current LCU per US$ of GDP compare
- 169 Micronesia, Federated States of 0.6526 current LCU per US$ of GDP compare
- 170 Belgium 0.6304 current LCU 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)
- GDP per capita 6,174 constant 2015 US$ (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- 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)
- Gdp worldbank constant usd, per capita 6,174 units per person (2025)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7273 units per US$ of GDP (2025)
- Exports of goods and services 36.0% (2025)
Frequently asked questions
- What is services, value added (current lcu), per unit of gdp in Marshall Islands?
- Services, value added (current lcu), per unit of gdp in Marshall Islands was 0.6819 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest services, value added (current lcu), per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 0.7862 current LCU per US$ of GDP in 2005.
- What is the lowest services, value added (current lcu), per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 0.6432 current LCU per US$ of GDP in 2021.
- How does Marshall Islands rank for services, value added (current lcu), per unit of gdp?
- Marshall Islands ranks 167th out of 204 countries with data for 2024.
- Is services, value added (current lcu), per unit of gdp rising or falling in Marshall Islands?
- Over the last ten years it is down 3.8%. 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 Services, value added (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (current LCU) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- 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
Services, value added (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.