Service exports in Marshall Islands
Marshall Islands: Service exports was 21.14 million BoP, current US$ in 2024. ◆ Volatile
Service exports in Marshall Islands, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, service exports in Marshall Islands stood at 21.14 million BoP, current US$.
That represents a change of up 7.4% on the previous year and up 64.0% over ten years.
Over the whole period, service exports in Marshall Islands peaked at 42.91 million BoP, current US$ in 2018 and was at its lowest, 7.27 million BoP, current US$, in 2019.
That places Marshall Islands 195th out of 199 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.73 million BoP, current US$ | 9.40 million BoP, current US$ | 10.15 million BoP, current US$ | 5 |
| 2010s | 14.86 million BoP, current US$ | 7.27 million BoP, current US$ | 42.91 million BoP, current US$ | 10 |
| 2020s | 14.45 million BoP, current US$ | 8.22 million BoP, current US$ | 21.14 million BoP, current US$ | 5 |
Countries ranked near Marshall Islands
- 192 Liberia 42.64 million BoP, current US$ compare
- 193 Micronesia (country) 38.10 million BoP, current US$ compare
- 194 Central African Republic 33.14 million BoP, current US$ compare
- 196 Lesotho 15.96 million BoP, current US$ compare
- 197 Tuvalu 10.22 million BoP, current US$ compare
- 198 Kiribati 8.63 million BoP, current US$ compare
More economy & growth data for Marshall Islands
- Exports of goods and services 18.7% (2024)
- Gross national expenditure 413.62 million current LCU (2024)
- Gross national expenditure 326.93 million constant 2015 US$ (2024)
- Industry (including construction), value added 4.2% (2024)
- Gross national expenditure 145.1% (2024)
- Exports of goods and services 111.00 million current US$ (2025)
- Exports of goods and services 111.00 million current LCU (2025)
- Exports of goods and services 90.49 million constant 2015 US$ (2024)
- Gross fixed capital formation 60.68 million constant 2015 US$ (2024)
- Gross fixed capital formation 65.14 million current LCU (2024)
Frequently asked questions
- What is service exports in Marshall Islands?
- Service exports in Marshall Islands was 21.14 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Marshall Islands?
- The highest recorded value was 42.91 million BoP, current US$ in 2018.
- What is the lowest service exports recorded in Marshall Islands?
- The lowest recorded value was 7.27 million BoP, current US$ in 2019.
- How does Marshall Islands rank for service exports?
- Marshall Islands ranks 195th out of 199 countries with data for 2024.
- Is service exports rising or falling in Marshall Islands?
- Over the last ten years it is up 64.0%. 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 Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
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.