Services, value added (current US$), per unit of GDP in Marshall Islands
Marshall Islands: Services, value added (current US$), per unit of GDP was 0.6819 current US$ per US$ of GDP in 2024. ▼ Falling
Services, value added (current US$), per unit of GDP in Marshall Islands, 1997–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for services, value added (current us$), per unit of gdp in Marshall Islands is 0.6819 current US$ per US$ of GDP, measured in 2024.
Compared with earlier readings it is down 2.1% on the previous year and down 3.8% over ten years.
Over the whole period, services, value added (current us$), per unit of gdp in Marshall Islands peaked at 0.7862 current US$ per US$ of GDP in 2005 and was at its lowest, 0.6432 current US$ per US$ of GDP, in 2021.
Marshall Islands ranks 41st of 204 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 28 years of available data.
Services, value added (current US$), per unit of GDP in Marshall Islands, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1997 | 0.7151 current US$ per US$ of GDP | — |
| 1998 | 0.7133 current US$ per US$ of GDP | -0.2% |
| 1999 | 0.6938 current US$ per US$ of GDP | -2.7% |
| 2000 | 0.7394 current US$ per US$ of GDP | +6.6% |
| 2001 | 0.7295 current US$ per US$ of GDP | -1.3% |
| 2002 | 0.7292 current US$ per US$ of GDP | -0.0% |
| 2003 | 0.7545 current US$ per US$ of GDP | +3.5% |
| 2004 | 0.7796 current US$ per US$ of GDP | +3.3% |
| 2005 | 0.7862 current US$ per US$ of GDP | +0.8% |
| 2006 | 0.7705 current US$ per US$ of GDP | -2.0% |
| 2007 | 0.7646 current US$ per US$ of GDP | -0.8% |
| 2008 | 0.7679 current US$ per US$ of GDP | +0.4% |
| 2009 | 0.7626 current US$ per US$ of GDP | -0.7% |
| 2010 | 0.7171 current US$ per US$ of GDP | -6.0% |
| 2011 | 0.6934 current US$ per US$ of GDP | -3.3% |
| 2012 | 0.6725 current US$ per US$ of GDP | -3.0% |
| 2013 | 0.6778 current US$ per US$ of GDP | +0.8% |
| 2014 | 0.7092 current US$ per US$ of GDP | +4.6% |
| 2015 | 0.7574 current US$ per US$ of GDP | +6.8% |
| 2016 | 0.7169 current US$ per US$ of GDP | -5.4% |
| 2017 | 0.7197 current US$ per US$ of GDP | +0.4% |
| 2018 | 0.725 current US$ per US$ of GDP | +0.7% |
| 2019 | 0.6979 current US$ per US$ of GDP | -3.7% |
| 2020 | 0.6889 current US$ per US$ of GDP | -1.3% |
| 2021 | 0.6432 current US$ per US$ of GDP | -6.6% |
| 2022 | 0.6906 current US$ per US$ of GDP | +7.4% |
| 2023 | 0.6966 current US$ per US$ of GDP | +0.9% |
| 2024 | 0.6819 current US$ per US$ of GDP | -2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7074 current US$ per US$ of GDP | 0.6938 current US$ per US$ of GDP | 0.7151 current US$ per US$ of GDP | 3 |
| 2000s | 0.7584 current US$ per US$ of GDP | 0.7292 current US$ per US$ of GDP | 0.7862 current US$ per US$ of GDP | 10 |
| 2010s | 0.7087 current US$ per US$ of GDP | 0.6725 current US$ per US$ of GDP | 0.7574 current US$ per US$ of GDP | 10 |
| 2020s | 0.6802 current US$ per US$ of GDP | 0.6432 current US$ per US$ of GDP | 0.6966 current US$ per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 38 Antigua and Barbuda 0.6866 current US$ per US$ of GDP compare
- 39 Spain 0.6836 current US$ per US$ of GDP compare
- 40 New Zealand 0.6823 current US$ per US$ of GDP compare
- 42 Seychelles 0.6793 current US$ per US$ of GDP compare
- 43 Cape Verde 0.6792 current US$ per US$ of GDP compare
- 44 Australia 0.6749 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)
- 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 us$), per unit of gdp in Marshall Islands?
- Services, value added (current us$), per unit of gdp in Marshall Islands was 0.6819 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest services, value added (current us$), per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 0.7862 current US$ per US$ of GDP in 2005.
- What is the lowest services, value added (current us$), per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 0.6432 current US$ per US$ of GDP in 2021.
- How does Marshall Islands rank for services, value added (current us$), per unit of gdp?
- Marshall Islands ranks 41st out of 204 countries with data for 2024.
- Is services, value added (current us$), 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (current US$) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.