Economy & Growth in Marshall Islands, Republic of the 407 indicators covering economy & growth for Marshall Islands, Republic of the. IndicatorLatest Year10-yr change Rank Volume of remittances (in United States dollars) as a proportion of 23.1% 2024 up 64.5% 11th Annual growth of the gross capital formation 13.8% 2024 up 180.5% 22nd Annual growth of households and NPISHs final consumption expenditure -1.6% 2024 up 63.7% 145th Annual growth of the general government final consumption expenditure -4.2% 2024 up 23.6% 143rd Domestic material consumption per capita 4.05 2023 up 36.4% 170th Share of global merchandise exports 0 2023 — 151st Portfolio investment, net 3.53 million current US$ 2021 up 135.1% 96th Agriculture value added share of GDP 18.4% 2019 up 92.0% 33rd Annual gdp growth -3.93 2023 down 203.2% 205th Taxes as a share of cigarette price 51.13 2022 up 28.8% 104th Merchandise exports gdp cepii 34.81 2014 up 130.7% 72nd Current account balance as a proportion of gdp 29.46 2021 up 979.4% 3rd Net portfolio investment 3.53 million 2021 up 135.1% 109th Tax revenue as a proportion of GDP 17.2% 2020 down 3.2% 69th Cash surplus/deficit as a proportion of GDP -59.4% 2020 down 9.3% 138th Total official flows (disbursement) for Aid for Trade, by recipient 29 million constant US$ 2024 up 2,170.5% 96th Total official flows (commitments) for Aid for Trade, by recipient 110.49 million constant US$ 2024 up 985.7% 70th Share of global services exports 0 2022 — 162nd Affected by disasters vs gdp 89,045 2024 up 12,221.6% 3rd Annual growth of exports of goods and services 0.48 2023 up 158.5% 104th Annual growth of imports of goods and services -8.94 2023 down 177.3% 155th Total government revenue (budgetary central government) as a 73.2% 2020 down 14.7% 3rd Share of adults who smoke vs gdp per capita 29.6 2022 up 4.6% 33rd Annual growth of general government final consumption expenditure -9.8 2023 down 600.0% 161st Implementation of standard accounting tools to monitor the economic 1 2021 unchanged 69th Government revenues as a share of gdp imf 73.16 2020 down 14.7% 4th Implementation of standard accounting tools to monitor the economic 1 2021 unchanged 60th Implementation of standard accounting tools to monitor the economic 0 2021 — 46th Annual growth of the gross capital formation -27.56 2023 down 135.1% 158th R&D Environmental Protection (central government expenditure) — Value 0 million SLC 2019 — 63rd R&D Environmental Protection (central government expenditure) — Value 0 million USD 2019 — 63rd R&D Environmental Protection (central government expenditure) — Value 0 million USD 2019 — 63rd Consumption per smoker per day 20.1 2012 up 3.1% 69th Proportion tariff lines applied to imports from ldcs 32.82 2023 down 39.6% 212th Tax revenues as a share of gdp unsdg 17.16 2020 down 3.2% 70th Central government debt, total 41.6% 2019 down 42.2% 57th Financial intermediary services indirectly Measured (FISIM) 11.33 million current LCU 2024 up 99.7% 63rd Revenue from corporate income taxes gdp 3.27 2006 down 7.1% 57th Tourism gdp proportion of total gdp 1.8 2021 down 18.2% 74th Financial intermediary services indirectly Measured (FISIM) 5.40 million constant LCU 2024 up 8.0% 37th Revenue Statistics in Asia and the Pacific - Comparative tax and 30.49 Percentage of GDP 2024 up 24.7% 4th Direct economic loss attributed to disasters 7.58 million 2022 — 67th Direct disaster economic loss 7.58 million 2022 — 67th Direct disaster loss as a share of gdp 0.03 2022 — 10th Tourism direct GDP as a proportion of total GDP 1.8% 2021 down 18.2% 78th Natural disasters economic damages 0 2024 — 23rd GDP and main aggregates - international data cooperation - annual data 126.16 2021 up 26.8% 28th ← Previous Page 7 of 7