Commercial service imports (current US$), annual growth rate in Marshall Islands
Marshall Islands: Commercial service imports (current US$), annual growth rate was 6.92 % change on previous year in 2024. ◆ Volatile
Commercial service imports (current US$), annual growth rate in Marshall Islands, 2006–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, commercial service imports (current us$), annual growth rate in Marshall Islands stood at 6.92 % change on previous year.
That represents a change of up 169.1% on the previous year and up 170.1% over ten years.
Over the whole period, commercial service imports (current us$), annual growth rate in Marshall Islands peaked at 30.2 % change on previous year in 2009 and was at its lowest, -23.23 % change on previous year, in 2017.
Marshall Islands ranks 101st of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service imports (current US$), annual growth rate in Marshall Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2006 | -5.18 % change on previous year | — |
| 2007 | 11.99 % change on previous year | -331.4% |
| 2008 | -7.08 % change on previous year | -159.1% |
| 2009 | 30.2 % change on previous year | -526.5% |
| 2010 | -14.75 % change on previous year | -148.8% |
| 2011 | 7.92 % change on previous year | -153.7% |
| 2012 | 4.19 % change on previous year | -47.1% |
| 2013 | 10.02 % change on previous year | +139.0% |
| 2014 | -9.86 % change on previous year | -198.4% |
| 2015 | -1.62 % change on previous year | -83.6% |
| 2016 | 9.85 % change on previous year | -709.7% |
| 2017 | -23.23 % change on previous year | -335.8% |
| 2018 | 5.09 % change on previous year | -121.9% |
| 2019 | 5.59 % change on previous year | +9.9% |
| 2020 | 3.99 % change on previous year | -28.6% |
| 2021 | 16.42 % change on previous year | +311.1% |
| 2022 | -11.41 % change on previous year | -169.5% |
| 2023 | 2.57 % change on previous year | -122.5% |
| 2024 | 6.92 % change on previous year | +169.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.48 % change on previous year | -7.08 % change on previous year | 30.2 % change on previous year | 4 |
| 2010s | -0.6787 % change on previous year | -23.23 % change on previous year | 10.02 % change on previous year | 10 |
| 2020s | 3.7 % change on previous year | -11.41 % change on previous year | 16.42 % change on previous year | 5 |
Countries ranked near Marshall Islands
- 98 Namibia 7.21 % change on previous year compare
- 99 Gambia 7.13 % change on previous year compare
- 100 Mauritius 6.93 % change on previous year compare
- 102 Egypt 6.91 % change on previous year compare
- 103 Germany 6.68 % change on previous year compare
- 104 Belgium 6.54 % change on previous year 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 imports (current us$), annual growth rate in Marshall Islands?
- Commercial service imports (current us$), annual growth rate in Marshall Islands was 6.92 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest commercial service imports (current us$), annual growth rate recorded in Marshall Islands?
- The highest recorded value was 30.2 % change on previous year in 2009.
- What is the lowest commercial service imports (current us$), annual growth rate recorded in Marshall Islands?
- The lowest recorded value was -23.23 % change on previous year in 2017.
- How does Marshall Islands rank for commercial service imports (current us$), annual growth rate?
- Marshall Islands ranks 101st out of 198 countries with data for 2024.
- Is commercial service imports (current us$), annual growth rate rising or falling in Marshall Islands?
- Over the last ten years it is up 170.1%. 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 imports (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Commercial service imports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Commercial service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
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
The year-on-year percentage change in Commercial service imports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.