Commercial service imports (current US$), per unit of GDP in Marshall Islands
Marshall Islands: Commercial service imports (current US$), per unit of GDP was 0.2253 current US$ per US$ of GDP in 2024. ▼ Falling
Commercial service imports (current US$), per unit of GDP in Marshall Islands, 2005–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, commercial service imports (current us$), per unit of gdp in Marshall Islands stood at 0.2253 current US$ per US$ of GDP. That is the lowest value across all 20 years on record.
That represents a change of down 1.0% on the previous year and down 29.3% over ten years.
Over the whole period, commercial service imports (current us$), per unit of gdp in Marshall Islands peaked at 0.4125 current US$ per US$ of GDP in 2009 and was at its lowest, 0.2253 current US$ per US$ of GDP, in 2024.
Marshall Islands ranks 31st of 198 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Commercial service imports (current US$), per unit of GDP in Marshall Islands, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.3518 current US$ per US$ of GDP | — |
| 2006 | 0.3215 current US$ per US$ of GDP | -8.6% |
| 2007 | 0.3426 current US$ per US$ of GDP | +6.6% |
| 2008 | 0.3268 current US$ per US$ of GDP | -4.6% |
| 2009 | 0.4125 current US$ per US$ of GDP | +26.2% |
| 2010 | 0.3301 current US$ per US$ of GDP | -20.0% |
| 2011 | 0.3331 current US$ per US$ of GDP | +0.9% |
| 2012 | 0.3309 current US$ per US$ of GDP | -0.7% |
| 2013 | 0.3529 current US$ per US$ of GDP | +6.7% |
| 2014 | 0.3188 current US$ per US$ of GDP | -9.7% |
| 2015 | 0.3176 current US$ per US$ of GDP | -0.4% |
| 2016 | 0.3176 current US$ per US$ of GDP | -0.0% |
| 2017 | 0.2302 current US$ per US$ of GDP | -27.5% |
| 2018 | 0.235 current US$ per US$ of GDP | +2.1% |
| 2019 | 0.2344 current US$ per US$ of GDP | -0.3% |
| 2020 | 0.2348 current US$ per US$ of GDP | +0.2% |
| 2021 | 0.253 current US$ per US$ of GDP | +7.8% |
| 2022 | 0.2263 current US$ per US$ of GDP | -10.5% |
| 2023 | 0.2275 current US$ per US$ of GDP | +0.5% |
| 2024 | 0.2253 current US$ per US$ of GDP | -1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.351 current US$ per US$ of GDP | 0.3215 current US$ per US$ of GDP | 0.4125 current US$ per US$ of GDP | 5 |
| 2010s | 0.3001 current US$ per US$ of GDP | 0.2302 current US$ per US$ of GDP | 0.3529 current US$ per US$ of GDP | 10 |
| 2020s | 0.2334 current US$ per US$ of GDP | 0.2253 current US$ per US$ of GDP | 0.253 current US$ per US$ of GDP | 5 |
Countries ranked near Marshall Islands
- 28 Timor-Leste 0.2384 current US$ per US$ of GDP compare
- 29 Tonga 0.2352 current US$ per US$ of GDP compare
- 30 Micronesia, Federated States of 0.2329 current US$ per US$ of GDP compare
- 32 Hong Kong 0.2204 current US$ per US$ of GDP compare
- 33 Saint Kitts and Nevis 0.2167 current US$ per US$ of GDP compare
- 34 Netherlands 0.2155 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 imports (current us$), per unit of gdp in Marshall Islands?
- Commercial service imports (current us$), per unit of gdp in Marshall Islands was 0.2253 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest commercial service imports (current us$), per unit of gdp recorded in Marshall Islands?
- The highest recorded value was 0.4125 current US$ per US$ of GDP in 2009.
- What is the lowest commercial service imports (current us$), per unit of gdp recorded in Marshall Islands?
- The lowest recorded value was 0.2253 current US$ per US$ of GDP in 2024.
- How does Marshall Islands rank for commercial service imports (current us$), per unit of gdp?
- Marshall Islands ranks 31st out of 198 countries with data for 2024.
- Is commercial service imports (current us$), per unit of gdp rising or falling in Marshall Islands?
- Over the last ten years it is down 29.3%. 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 Commercial service imports (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Commercial service imports (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Commercial service imports (current US$) ÷ GDP (current US$)
Computed from
- Commercial service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Commercial service imports (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.