Commercial service imports in Marshall Islands
Marshall Islands: Commercial service imports was 64.21 million current US$ in 2024. ▲ Rising
Commercial service imports in Marshall Islands, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2024, commercial service imports in Marshall Islands stood at 64.21 million current US$.
Compared with earlier readings it is up 6.9% on the previous year and up 8.3% over ten years.
Over the whole period, commercial service imports in Marshall Islands peaked at 66.10 million current US$ in 2021 and was at its lowest, 46.04 million current US$, in 2006.
That places Marshall Islands 197th out of 200 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Commercial service imports in Marshall Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 2005 | 48.55 million current US$ | — |
| 2006 | 46.04 million current US$ | -5.2% |
| 2007 | 51.56 million current US$ | +12.0% |
| 2008 | 47.91 million current US$ | -7.1% |
| 2009 | 62.38 million current US$ | +30.2% |
| 2010 | 53.17 million current US$ | -14.8% |
| 2011 | 57.39 million current US$ | +7.9% |
| 2012 | 59.79 million current US$ | +4.2% |
| 2013 | 65.79 million current US$ | +10.0% |
| 2014 | 59.30 million current US$ | -9.9% |
| 2015 | 58.34 million current US$ | -1.6% |
| 2016 | 64.09 million current US$ | +9.9% |
| 2017 | 49.20 million current US$ | -23.2% |
| 2018 | 51.70 million current US$ | +5.1% |
| 2019 | 54.60 million current US$ | +5.6% |
| 2020 | 56.78 million current US$ | +4.0% |
| 2021 | 66.10 million current US$ | +16.4% |
| 2022 | 58.56 million current US$ | -11.4% |
| 2023 | 60.06 million current US$ | +2.6% |
| 2024 | 64.21 million current US$ | +6.9% |
Marshall Islands compared with similar countries
- Marshall Islands's 64.21 million current US$ is below the median for upper middle income countries, which is 3.89 billion current US$, 2% of the median. (57 countries reporting)
- Marshall Islands's 64.21 million current US$ is below the median for East Asia & Pacific, which is 2.40 billion current US$, 3% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 51.29 million current US$ | 46.04 million current US$ | 62.38 million current US$ | 5 |
| 2010s | 57.34 million current US$ | 49.20 million current US$ | 65.79 million current US$ | 10 |
| 2020s | 61.14 million current US$ | 56.78 million current US$ | 66.10 million current US$ | 5 |
Countries ranked near Marshall Islands
- 194 Sao Tome and Principe 79.80 million current US$ compare
- 195 Turks and Caicos Islands 74.41 million current US$ compare
- 196 Micronesia (country) 73.61 million current US$ compare
- 198 Palau 41.35 million current US$ compare
- 199 Tuvalu 26.83 million current US$ compare
- 200 Eritrea 23.69 million current US$
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 in Marshall Islands?
- Commercial service imports in Marshall Islands was 64.21 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 imports recorded in Marshall Islands?
- The highest recorded value was 66.10 million current US$ in 2021.
- What is the lowest commercial service imports recorded in Marshall Islands?
- The lowest recorded value was 46.04 million current US$ in 2006.
- How does Marshall Islands rank for commercial service imports?
- Marshall Islands ranks 197th out of 200 countries with data for 2024.
- Is commercial service imports rising or falling in Marshall Islands?
- Over the last ten years it is up 8.3%. The long-run trend across the full record is rising.
- 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 imports (current US$). Statizoid updates them automatically from the source API.
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About this data
Commercial service imports are total service imports minus imports of government services not included elsewhere. Imports of services are services provided by non-residents to 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.