Merchandise exports by the reporting economy (current US$), per unit in Marshall Islands

Marshall Islands: Merchandise exports by the reporting economy (current US$), per unit was 3.61 current US$ per US$ of GDP in 2023. ◆ Volatile

Latest (2023)
3.61 current US$ per US$ of GDP
Change on year
down 29.2%
World rank
1st
of 202 countries
All-time high
8.76 current US$ per US$ of GDP
in 2008
All-time low
0.0418 current US$ per US$ of GDP
in 2000
Years of data
24
2000–2023

Merchandise exports by the reporting economy (current US$), per unit in Marshall Islands, 2000–2023

024682000201120232000: 0.042 current US$ per US$ of GDP2001: 0.835 current US$ per US$ of GDP2002: 0.988 current US$ per US$ of GDP2003: 2.1 current US$ per US$ of GDP2004: 4.9 current US$ per US$ of GDP2005: 8 current US$ per US$ of GDP2006: 5.6 current US$ per US$ of GDP2007: 8.7 current US$ per US$ of GDP2008: 8.8 current US$ per US$ of GDP2009: 2.6 current US$ per US$ of GDP2010: 1.3 current US$ per US$ of GDP2011: 1.5 current US$ per US$ of GDP2012: 1.4 current US$ per US$ of GDP2013: 2.2 current US$ per US$ of GDP2014: 2 current US$ per US$ of GDP2015: 2.5 current US$ per US$ of GDP2016: 1 current US$ per US$ of GDP2017: 2.8 current US$ per US$ of GDP2018: 3.1 current US$ per US$ of GDP2019: 4 current US$ per US$ of GDP2020: 3 current US$ per US$ of GDP2021: 5.9 current US$ per US$ of GDP2022: 5.1 current US$ per US$ of GDP2023: 3.6 current US$ per US$ of GDP

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

In 2023, merchandise exports by the reporting economy (current us$), per unit in Marshall Islands stood at 3.61 current US$ per US$ of GDP.

The figure is down 29.2% on the previous year and up 62.2% over ten years.

Over the whole period, merchandise exports by the reporting economy (current us$), per unit in Marshall Islands peaked at 8.76 current US$ per US$ of GDP in 2008 and was at its lowest, 0.0418 current US$ per US$ of GDP, in 2000.

Marshall Islands ranks 1st of 202 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Merchandise exports by the reporting economy (current US$), per unit in Marshall Islands, year by year

Annual values for Merchandise exports by the reporting economy (current US$), per unit of GDP in Marshall Islands, 2000 to 2023.
Year current US$ per US$ of GDP Change
2000 0.0418 current US$ per US$ of GDP
2001 0.8345 current US$ per US$ of GDP +1898.2%
2002 0.9881 current US$ per US$ of GDP +18.4%
2003 2.09 current US$ per US$ of GDP +112.0%
2004 4.88 current US$ per US$ of GDP +132.9%
2005 8.01 current US$ per US$ of GDP +64.3%
2006 5.64 current US$ per US$ of GDP -29.7%
2007 8.69 current US$ per US$ of GDP +54.2%
2008 8.76 current US$ per US$ of GDP +0.8%
2009 2.58 current US$ per US$ of GDP -70.5%
2010 1.28 current US$ per US$ of GDP -50.3%
2011 1.52 current US$ per US$ of GDP +18.7%
2012 1.39 current US$ per US$ of GDP -8.6%
2013 2.22 current US$ per US$ of GDP +59.9%
2014 2.04 current US$ per US$ of GDP -8.4%
2015 2.55 current US$ per US$ of GDP +25.0%
2016 1.03 current US$ per US$ of GDP -59.5%
2017 2.81 current US$ per US$ of GDP +172.9%
2018 3.1 current US$ per US$ of GDP +10.4%
2019 4 current US$ per US$ of GDP +29.0%
2020 2.95 current US$ per US$ of GDP -26.3%
2021 5.87 current US$ per US$ of GDP +98.9%
2022 5.1 current US$ per US$ of GDP -13.1%
2023 3.61 current US$ per US$ of GDP -29.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.25 current US$ per US$ of GDP 0.0418 current US$ per US$ of GDP 8.76 current US$ per US$ of GDP 10
2010s 2.2 current US$ per US$ of GDP 1.03 current US$ per US$ of GDP 4 current US$ per US$ of GDP 10
2020s 4.38 current US$ per US$ of GDP 2.95 current US$ per US$ of GDP 5.87 current US$ per US$ of GDP 4

Countries ranked near Marshall Islands

  1. 2 Hong Kong, China 1.51 current US$ per US$ of GDP compare
  2. 3 Naoero 1.31 current US$ per US$ of GDP compare
  3. 4 Djibouti 1.23 current US$ per US$ of GDP compare

See the full ranking of 249 places →

More private sector data for Marshall Islands

All data for Marshall Islands →

Frequently asked questions

What is merchandise exports by the reporting economy (current us$), per unit in Marshall Islands?
Merchandise exports by the reporting economy (current us$), per unit in Marshall Islands was 3.61 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest merchandise exports by the reporting economy (current us$), per unit recorded in Marshall Islands?
The highest recorded value was 8.76 current US$ per US$ of GDP in 2008.
What is the lowest merchandise exports by the reporting economy (current us$), per unit recorded in Marshall Islands?
The lowest recorded value was 0.0418 current US$ per US$ of GDP in 2000.
How does Marshall Islands rank for merchandise exports by the reporting economy (current us$), per unit?
Marshall Islands ranks 1st out of 202 countries with data for 2023.
Is merchandise exports by the reporting economy (current us$), per unit rising or falling in Marshall Islands?
Over the last ten years it is up 62.2%. 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 Merchandise exports by the reporting economy (current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Merchandise exports by the reporting economy (current US$), per unit in Marshall Islands. Statizoid, drawing on Statizoid (derived). Retrieved 07 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-by-the-reporting-economy-current-us-per-unit-of-gdp/marshall-islands/

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How this figure is calculated

Merchandise exports by the reporting economy (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.

Merchandise exports by the reporting economy (current US$) ÷ GDP (current US$)

Computed from

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

Indicator
Merchandise exports by the reporting economy (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
249 places, 12,888 data points, 1960–2023
Last refreshed

Merchandise exports by the reporting economy (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.