Merchandise exports by the reporting economy (current US$) … unit in Marshall Islands
Marshall Islands: Merchandise exports by the reporting economy (current US$) … unit was 3.61 current US$ per US$ of GDP in 2023. ◆ Volatile
Merchandise exports by the reporting economy (current US$), per unit in Marshall Islands, 2000–2023
Source: Statizoid (derived). Measured in current US$ 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$) … unit in Marshall Islands, year by year
| Year | current US$ 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% |
Marshall Islands compared with similar countries
- Marshall Islands's 3.61 current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.1978 current US$ per US$ of GDP, 18.3× the median. (59 countries reporting)
- Marshall Islands's 3.61 current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.1887 current US$ per US$ of GDP, 19.1× the median. (35 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports by the reporting economy (current US$) … unit in Marshall Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +1898.2% | 0.0418 current US$ per US$ of GDP | 0.8345 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More private sector data for Marshall Islands
- Merchandise trade 59.4% (2025)
- Merchandise imports 111.00 million current US$ (2025)
- Commercial service imports 64.21 million current US$ (2024)
- Merchandise exports 72.00 million current US$ (2025)
- Commercial service exports 19.38 million current US$ (2024)
- 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)
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$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Merchandise exports by the reporting economy (current US$) 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$)
Computed from
- Merchandise exports by the reporting economy Staff estimates, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Merchandise exports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.