Commercial service exports (current US$), per unit of GDP in Marshall Islands
Marshall Islands: Commercial service exports (current US$), per unit of GDP was 0.068 current US$ per US$ of GDP in 2024. ◆ Volatile
Commercial service exports (current US$), per unit of GDP in Marshall Islands, 2005–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Marshall Islands recorded 0.068 current US$ per US$ of GDP for commercial service exports (current us$), per unit of gdp in 2024.
Compared with earlier readings it is up 17.2% over ten years.
Over the whole period, commercial service exports (current us$), per unit of gdp in Marshall Islands peaked at 0.1699 current US$ per US$ of GDP in 2018 and was at its lowest, 0.004 current US$ per US$ of GDP, in 2019.
That places Marshall Islands 119th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service exports (current US$), per unit of GDP in Marshall Islands, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.0611 current US$ per US$ of GDP | — |
| 2006 | 0.0571 current US$ per US$ of GDP | -6.5% |
| 2007 | 0.0522 current US$ per US$ of GDP | -8.5% |
| 2008 | 0.0539 current US$ per US$ of GDP | +3.3% |
| 2009 | 0.0563 current US$ per US$ of GDP | +4.5% |
| 2010 | 0.0459 current US$ per US$ of GDP | -18.6% |
| 2011 | 0.0482 current US$ per US$ of GDP | +5.0% |
| 2012 | 0.0445 current US$ per US$ of GDP | -7.6% |
| 2013 | 0.0476 current US$ per US$ of GDP | +6.9% |
| 2014 | 0.058 current US$ per US$ of GDP | +21.9% |
| 2015 | 0.0353 current US$ per US$ of GDP | -39.1% |
| 2016 | 0.0254 current US$ per US$ of GDP | -28.0% |
| 2017 | 0.1026 current US$ per US$ of GDP | +303.1% |
| 2018 | 0.1699 current US$ per US$ of GDP | +65.7% |
| 2019 | 0.004 current US$ per US$ of GDP | -97.6% |
| 2020 | 0.0043 current US$ per US$ of GDP | +6.3% |
| 2021 | 0.0041 current US$ per US$ of GDP | -5.7% |
| 2022 | 0.0466 current US$ per US$ of GDP | +1048.7% |
| 2023 | 0.068 current US$ per US$ of GDP | +46.0% |
| 2024 | 0.068 current US$ per US$ of GDP | -0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0561 current US$ per US$ of GDP | 0.0522 current US$ per US$ of GDP | 0.0611 current US$ per US$ of GDP | 5 |
| 2010s | 0.0581 current US$ per US$ of GDP | 0.004 current US$ per US$ of GDP | 0.1699 current US$ per US$ of GDP | 10 |
| 2020s | 0.0382 current US$ per US$ of GDP | 0.0041 current US$ per US$ of GDP | 0.068 current US$ per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 116 Paraguay 0.0712 current US$ per US$ of GDP compare
- 117 Timor-Leste 0.0697 current US$ per US$ of GDP compare
- 118 Sri Lanka 0.069 current US$ per US$ of GDP compare
- 120 Mongolia 0.0672 current US$ per US$ of GDP compare
- 121 Italy 0.0656 current US$ per US$ of GDP compare
- 122 Vanuatu 0.0643 current US$ per US$ of GDP compare
More private sector data for Marshall Islands
- Merchandise trade 59.4% (2025)
- Merchandise imports 111.00 million current US$ (2025)
- Merchandise exports 72.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 1,984 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2338 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.46 % change on previous year (2025)
- Merchandise imports (current US$), per capita 3,059 current US$ per person (2025)
- Merchandise imports (current US$), per unit of GDP 0.3604 current US$ per US$ of GDP (2025)
- Merchandise imports (current US$), annual growth rate 11 % change on previous year (2025)
- Commercial service exports (current US$), per capita 516.22 current US$ per person (2024)
Frequently asked questions
- What is commercial service exports (current us$), per unit of gdp in Marshall Islands?
- Commercial service exports (current us$), per unit of gdp in Marshall Islands was 0.068 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest commercial service exports (current us$), per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 0.1699 current US$ per US$ of GDP in 2018.
- What is the lowest commercial service exports (current us$), per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 0.004 current US$ per US$ of GDP in 2019.
- How does Marshall Islands rank for commercial service exports (current us$), per unit of gdp?
- Marshall Islands ranks 119th out of 198 countries with data for 2024.
- Is commercial service exports (current us$), per unit of gdp rising or falling in Marshall Islands?
- Over the last ten years it is up 17.2%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from Statizoid (derived), published as part of Commercial service exports (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Commercial service exports (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Commercial service exports (current US$) ÷ GDP (current US$)
Computed from
- Commercial service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Commercial service exports (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.