Commercial service exports in Marshall Islands
Marshall Islands: Commercial service exports was 19.38 million current US$ in 2024. ◆ Volatile
Commercial service exports in Marshall Islands, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for commercial service exports in Marshall Islands is 19.38 million current US$, measured in 2024.
That represents a change of up 8.0% on the previous year and up 79.6% over ten years.
Over the whole period, commercial service exports in Marshall Islands peaked at 37.39 million current US$ in 2018 and was at its lowest, 942,784 current US$, in 2019.
Marshall Islands ranks 193rd of 200 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service exports in Marshall Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 2005 | 8.43 million current US$ | — |
| 2006 | 8.17 million current US$ | -3.0% |
| 2007 | 7.86 million current US$ | -3.8% |
| 2008 | 7.91 million current US$ | +0.6% |
| 2009 | 8.52 million current US$ | +7.8% |
| 2010 | 7.39 million current US$ | -13.3% |
| 2011 | 8.30 million current US$ | +12.3% |
| 2012 | 8.04 million current US$ | -3.1% |
| 2013 | 8.87 million current US$ | +10.3% |
| 2014 | 10.79 million current US$ | +21.6% |
| 2015 | 6.49 million current US$ | -39.8% |
| 2016 | 5.14 million current US$ | -20.9% |
| 2017 | 21.92 million current US$ | +326.8% |
| 2018 | 37.39 million current US$ | +70.6% |
| 2019 | 942,784 current US$ | -97.5% |
| 2020 | 1.04 million current US$ | +10.3% |
| 2021 | 1.06 million current US$ | +1.8% |
| 2022 | 12.05 million current US$ | +1037.6% |
| 2023 | 17.95 million current US$ | +49.0% |
| 2024 | 19.38 million current US$ | +8.0% |
Marshall Islands compared with similar countries
- Marshall Islands's 19.38 million current US$ is below the median for upper middle income countries, which is 4.87 billion current US$, 0% of the median. (57 countries reporting)
- Marshall Islands's 19.38 million current US$ is below the median for East Asia & Pacific, which is 1.73 billion current US$, 1% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Commercial service exports in Marshall Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +1037.6% | 1.06 million current US$ | 12.05 million current US$ |
| 2017 | +326.8% | 5.14 million current US$ | 21.92 million current US$ |
| 2019 | -97.5% | 37.39 million current US$ | 942,784 current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.18 million current US$ | 7.86 million current US$ | 8.52 million current US$ | 5 |
| 2010s | 11.53 million current US$ | 942,784 current US$ | 37.39 million current US$ | 10 |
| 2020s | 10.30 million current US$ | 1.04 million current US$ | 19.38 million current US$ | 5 |
Countries ranked near Marshall Islands
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 in Marshall Islands?
- Commercial service exports in Marshall Islands was 19.38 million current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest commercial service exports recorded in Marshall Islands?
- The highest recorded value was 37.39 million current US$ in 2018.
- What is the lowest commercial service exports recorded in Marshall Islands?
- The lowest recorded value was 942,784 current US$ in 2019.
- How does Marshall Islands rank for commercial service exports?
- Marshall Islands ranks 193rd out of 200 countries with data for 2024.
- Is commercial service exports rising or falling in Marshall Islands?
- Over the last ten years it is up 79.6%. The long-run trend across the full record is volatile.
- 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 Commercial service exports (current US$). Statizoid updates them automatically from the source API.
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About this data
Commercial service exports are total service exports minus exports of government services not included elsewhere. Exports of services are services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.