Current account balance in Marshall Islands

Marshall Islands: Current account balance was 62.33 million BoP, current US$ in 2024. ◆ Volatile

Latest (2024)
62.33 million BoP, current US$
Change on year
up 50.0%
World rank
72nd
of 199 countries
All-time high
90.28 million BoP, current US$
in 2020
All-time low
-28.92 million BoP, current US$
in 2013
Years of data
20
2005–2024

Current account balance in Marshall Islands, 2005–2024

-25.0M025.0M50.0M75.0M100.0M2005201420242005: -2.5M BoP, current US$2006: -6.2M BoP, current US$2007: -8.2M BoP, current US$2008: -5.5M BoP, current US$2009: -26.4M BoP, current US$2010: -14.3M BoP, current US$2011: -5.8M BoP, current US$2012: -19.6M BoP, current US$2013: -28.9M BoP, current US$2014: -4.9M BoP, current US$2015: -7.0M BoP, current US$2016: -16.2M BoP, current US$2017: 12.9M BoP, current US$2018: 53.0M BoP, current US$2019: 86.1M BoP, current US$2020: 90.3M BoP, current US$2021: 76.3M BoP, current US$2022: 17.6M BoP, current US$2023: 41.5M BoP, current US$2024: 62.3M BoP, current US$

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

Analysis

The most recent figure for current account balance in Marshall Islands is 62.33 million BoP, current US$, measured in 2024.

The figure is up 50.0% on the previous year and up 1,377.5% over ten years.

Over the whole period, current account balance in Marshall Islands peaked at 90.28 million BoP, current US$ in 2020 and was at its lowest, -28.92 million BoP, current US$, in 2013.

Marshall Islands ranks 72nd of 199 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s -9.77 million BoP, current US$ -26.40 million BoP, current US$ -2.54 million BoP, current US$ 5
2010s 5.53 million BoP, current US$ -28.92 million BoP, current US$ 86.13 million BoP, current US$ 10
2020s 57.61 million BoP, current US$ 17.65 million BoP, current US$ 90.28 million BoP, current US$ 5

Countries ranked near Marshall Islands

  1. 69 Samoa 89.26 million BoP, current US$ compare
  2. 70 Eswatini 78.33 million BoP, current US$ compare
  3. 71 Myanmar 67.72 million BoP, current US$ compare
  4. 73 Sao Tome and Principe 41.50 million BoP, current US$ compare
  5. 74 Micronesia (country) 22.41 million BoP, current US$ compare
  6. 75 Tuvalu 20.21 million BoP, current US$ compare

See the full ranking of 200 places →

More economy & growth data for Marshall Islands

All data for Marshall Islands →

Frequently asked questions

What is current account balance in Marshall Islands?
Current account balance in Marshall Islands was 62.33 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest current account balance recorded in Marshall Islands?
The highest recorded value was 90.28 million BoP, current US$ in 2020.
What is the lowest current account balance recorded in Marshall Islands?
The lowest recorded value was -28.92 million BoP, current US$ in 2013.
How does Marshall Islands rank for current account balance?
Marshall Islands ranks 72nd out of 199 countries with data for 2024.
Is current account balance rising or falling in Marshall Islands?
Over the last ten years it is up 1,377.5%. 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 Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Current account balance (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 7,806 data points, 1960–2025
Last refreshed

Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. 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.