Value of exported goods and services, per unit of GDP in Marshall Islands
Marshall Islands: Value of exported goods and services, per unit of GDP was 0.3175 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Value of exported goods and services, per unit of GDP in Marshall Islands, 2004–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
The most recent figure for value of exported goods and services, per unit of gdp in Marshall Islands is 0.3175 constant 2015 US$ per US$ of GDP, measured in 2024.
The figure is up 10.0% on the previous year and down 28.0% over ten years.
Over the whole period, value of exported goods and services, per unit of gdp in Marshall Islands peaked at 0.4532 constant 2015 US$ per US$ of GDP in 2004 and was at its lowest, 0.2565 constant 2015 US$ per US$ of GDP, in 2008.
Marshall Islands ranks 70th of 170 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Value of exported goods and services, per unit of GDP in Marshall Islands, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2004 | 0.4532 constant 2015 US$ per US$ of GDP | — |
| 2005 | 0.4016 constant 2015 US$ per US$ of GDP | -11.4% |
| 2006 | 0.2761 constant 2015 US$ per US$ of GDP | -31.3% |
| 2007 | 0.2902 constant 2015 US$ per US$ of GDP | +5.1% |
| 2008 | 0.2565 constant 2015 US$ per US$ of GDP | -11.6% |
| 2009 | 0.3257 constant 2015 US$ per US$ of GDP | +27.0% |
| 2010 | 0.4141 constant 2015 US$ per US$ of GDP | +27.2% |
| 2011 | 0.4519 constant 2015 US$ per US$ of GDP | +9.1% |
| 2012 | 0.4083 constant 2015 US$ per US$ of GDP | -9.7% |
| 2013 | 0.3926 constant 2015 US$ per US$ of GDP | -3.9% |
| 2014 | 0.4408 constant 2015 US$ per US$ of GDP | +12.3% |
| 2015 | 0.4424 constant 2015 US$ per US$ of GDP | +0.4% |
| 2016 | 0.3557 constant 2015 US$ per US$ of GDP | -19.6% |
| 2017 | 0.3259 constant 2015 US$ per US$ of GDP | -8.4% |
| 2018 | 0.3356 constant 2015 US$ per US$ of GDP | +3.0% |
| 2019 | 0.3548 constant 2015 US$ per US$ of GDP | +5.7% |
| 2020 | 0.3256 constant 2015 US$ per US$ of GDP | -8.2% |
| 2021 | 0.3684 constant 2015 US$ per US$ of GDP | +13.1% |
| 2022 | 0.3018 constant 2015 US$ per US$ of GDP | -18.1% |
| 2023 | 0.2887 constant 2015 US$ per US$ of GDP | -4.3% |
| 2024 | 0.3175 constant 2015 US$ per US$ of GDP | +10.0% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.3175 constant 2015 US$ per US$ of GDP is above the median for upper middle income countries, which is 0.2739 constant 2015 US$ per US$ of GDP, 1.2× the median. (45 countries reporting)
- Marshall Islands's 0.3175 constant 2015 US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.3175 constant 2015 US$ per US$ of GDP, 1.0× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3339 constant 2015 US$ per US$ of GDP | 0.2565 constant 2015 US$ per US$ of GDP | 0.4532 constant 2015 US$ per US$ of GDP | 6 |
| 2010s | 0.3922 constant 2015 US$ per US$ of GDP | 0.3259 constant 2015 US$ per US$ of GDP | 0.4519 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.3204 constant 2015 US$ per US$ of GDP | 0.2887 constant 2015 US$ per US$ of GDP | 0.3684 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 67 Morocco 0.322 constant 2015 US$ per US$ of GDP compare
- 68 Costa Rica 0.3216 constant 2015 US$ per US$ of GDP compare
- 69 Germany 0.3189 constant 2015 US$ per US$ of GDP compare
- 71 Cape Verde 0.3151 constant 2015 US$ per US$ of GDP compare
- 72 Democratic Republic of Congo 0.3129 constant 2015 US$ per US$ of GDP compare
- 73 Bulgaria 0.3119 constant 2015 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 value of exported goods and services, per unit of gdp in Marshall Islands?
- Value of exported goods and services, per unit of gdp in Marshall Islands was 0.3175 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest value of exported goods and services, per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 0.4532 constant 2015 US$ per US$ of GDP in 2004.
- What is the lowest value of exported goods and services, per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 0.2565 constant 2015 US$ per US$ of GDP in 2008.
- How does Marshall Islands rank for value of exported goods and services, per unit of gdp?
- Marshall Islands ranks 70th out of 170 countries with data for 2024.
- Is value of exported goods and services, per unit of gdp rising or falling in Marshall Islands?
- Over the last ten years it is down 28.0%. 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 Value of exported goods and services, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Value of exported goods and services divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value of exported goods and services ÷ GDP (current US$)
Computed from
- Value of exported goods and services National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
- 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
Value of exported goods and services divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.