Transport services in Marshall Islands
Marshall Islands: Transport services was 21.6% in 2024. ▼ Falling
Transport services in Marshall Islands, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
In 2024, transport services in Marshall Islands stood at 21.6%.
That represents a change of down 9.3% on the previous year and down 32.7% over ten years.
Over the whole period, transport services in Marshall Islands peaked at 53.1% in 2017 and was at its lowest, 6.1%, in 2020.
That places Marshall Islands 67th out of 198 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Transport services in Marshall Islands, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 2005 | 33.1% | — |
| 2006 | 28.6% | -13.6% |
| 2007 | 28.0% | -1.8% |
| 2008 | 23.7% | -15.5% |
| 2009 | 22.9% | -3.4% |
| 2010 | 28.4% | +24.2% |
| 2011 | 25.9% | -8.9% |
| 2012 | 29.4% | +13.3% |
| 2013 | 32.5% | +10.6% |
| 2014 | 32.1% | -1.0% |
| 2015 | 48.7% | +51.5% |
| 2016 | 49.1% | +0.9% |
| 2017 | 53.1% | +8.1% |
| 2018 | 29.0% | -45.3% |
| 2019 | 6.7% | -76.8% |
| 2020 | 6.1% | -9.7% |
| 2021 | 6.2% | +1.4% |
| 2022 | 26.8% | +333.9% |
| 2023 | 23.9% | -11.0% |
| 2024 | 21.6% | -9.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.3% | 22.9% | 33.1% | 5 |
| 2010s | 33.5% | 6.7% | 53.1% | 10 |
| 2020s | 16.9% | 6.1% | 26.8% | 5 |
Countries ranked near Marshall Islands
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)
- 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)
- General government final consumption expenditure (current LCU), per 0.5453 current LCU per US$ of GDP (2024)
- General government final consumption expenditure (current LCU), per 4,139 current LCU per person (2024)
- General government final consumption expenditure (constant 2015 US$) -4.16 % change on previous year (2024)
- General government final consumption expenditure (constant 2015 US$) 0.4135 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is transport services in Marshall Islands?
- Transport services in Marshall Islands was 21.6% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest transport services recorded in Marshall Islands?
- The highest recorded value was 53.1% in 2017.
- What is the lowest transport services recorded in Marshall Islands?
- The lowest recorded value was 6.1% in 2020.
- How does Marshall Islands rank for transport services?
- Marshall Islands ranks 67th out of 198 countries with data for 2024.
- Is transport services rising or falling in Marshall Islands?
- Over the last ten years it is down 32.7%. The long-run trend across the full record is falling.
- 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 Transport services (% of service exports, BoP). Statizoid updates them automatically from the source API.
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About this data
Transport services covers the process of carriage of people and objects from one location to another as well as related supporting and auxiliary services. Also included are postal and courier services. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.