Commercial service imports in Marshall Islands

Marshall Islands: Commercial service imports was 64.21 million current US$ in 2024. ▲ Rising

Latest (2024)
64.21 million current US$
Change on year
up 6.9%
World rank
195th
of 198 countries
All-time high
66.10 million current US$
in 2021
All-time low
46.04 million current US$
in 2006
Years of data
20
2005–2024

Commercial service imports in Marshall Islands, 2005–2024

020.0M40.0M60.0M2005201420242005: 48.6M current US$2006: 46.0M current US$2007: 51.6M current US$2008: 47.9M current US$2009: 62.4M current US$2010: 53.2M current US$2011: 57.4M current US$2012: 59.8M current US$2013: 65.8M current US$2014: 59.3M current US$2015: 58.3M current US$2016: 64.1M current US$2017: 49.2M current US$2018: 51.7M current US$2019: 54.6M current US$2020: 56.8M current US$2021: 66.1M current US$2022: 58.6M current US$2023: 60.1M current US$2024: 64.2M current US$

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 195th out of 198 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 192 Sao Tome and Principe 79.80 million current US$ compare
  2. 193 Turks and Caicos Islands 74.41 million current US$ compare
  3. 194 Micronesia (country) 73.61 million current US$ compare
  4. 196 Palau 41.35 million current US$ compare
  5. 197 Tuvalu 26.83 million current US$ compare
  6. 198 Eritrea 23.69 million current US$ compare

See the full ranking of 246 places →

More private sector data for Marshall Islands

All data for Marshall Islands →

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 195th out of 198 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.

Download this data

CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Commercial service imports (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
246 places, 9,738 data points, 1960–2025
Last refreshed

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.