Commercial service exports in Marshall Islands

Marshall Islands: Commercial service exports was 19.38 million current US$ in 2024. ◆ Volatile

Latest (2024)
19.38 million current US$
Change on year
up 8.0%
World rank
191st
of 198 countries
All-time high
37.39 million current US$
in 2018
All-time low
942,784 current US$
in 2019
Years of data
20
2005–2024

Commercial service exports in Marshall Islands, 2005–2024

010.0M20.0M30.0M40.0M2005201420242005: 8.4M current US$2006: 8.2M current US$2007: 7.9M current US$2008: 7.9M current US$2009: 8.5M current US$2010: 7.4M current US$2011: 8.3M current US$2012: 8.0M current US$2013: 8.9M current US$2014: 10.8M current US$2015: 6.5M current US$2016: 5.1M current US$2017: 21.9M current US$2018: 37.4M current US$2019: 942.8k current US$2020: 1.0M current US$2021: 1.1M current US$2022: 12.1M current US$2023: 18.0M current US$2024: 19.4M current US$

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.

Analysis

The most recent figure for commercial service exports in Marshall Islands is 19.38 million current US$, measured in 2024.

That represents a change of up 8.0% on the previous year and up 79.6% over ten years.

Over the whole period, commercial service exports in Marshall Islands peaked at 37.39 million current US$ in 2018 and was at its lowest, 942,784 current US$, in 2019.

Marshall Islands ranks 191st of 198 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 8.18 million current US$ 7.86 million current US$ 8.52 million current US$ 5
2010s 11.53 million current US$ 942,784 current US$ 37.39 million current US$ 10
2020s 10.30 million current US$ 1.04 million current US$ 19.38 million current US$ 5

Countries ranked near Marshall Islands

  1. 188 Guinea-Bissau 48.77 million current US$ compare
  2. 189 Micronesia (country) 33.42 million current US$ compare
  3. 190 Chad 23.41 million current US$ compare
  4. 192 Liberia 18.00 million current US$ compare
  5. 193 Nauru 16.32 million current US$ compare
  6. 194 Lesotho 13.93 million current US$ compare

See the full ranking of 244 places →

More private sector data for Marshall Islands

All data for Marshall Islands →

Frequently asked questions

What is commercial service exports in Marshall Islands?
Commercial service exports in Marshall Islands was 19.38 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 exports recorded in Marshall Islands?
The highest recorded value was 37.39 million current US$ in 2018.
What is the lowest commercial service exports recorded in Marshall Islands?
The lowest recorded value was 942,784 current US$ in 2019.
How does Marshall Islands rank for commercial service exports?
Marshall Islands ranks 191st out of 198 countries with data for 2024.
Is commercial service exports rising or falling in Marshall Islands?
Over the last ten years it is up 79.6%. The long-run trend across the full record is volatile.
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 exports (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Commercial service exports (current US$)
Unit
current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 9,727 data points, 1960–2025
Last refreshed

Commercial service exports are total service exports minus exports of government services not included elsewhere. Exports of services are services provided by residents to non-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.