Service imports in Marshall Islands
Marshall Islands: Service imports was 64.21 million BoP, current US$ in 2024. ▲ Rising
Service imports in Marshall Islands, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Marshall Islands recorded 64.21 million BoP, current US$ for service imports in 2024.
The figure is up 6.9% on the previous year and up 6.4% over ten years.
Over the whole period, service imports in Marshall Islands peaked at 73.15 million BoP, current US$ in 2021 and was at its lowest, 47.21 million BoP, current US$, in 2006.
Marshall Islands ranks 196th of 199 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 52.49 million BoP, current US$ | 47.21 million BoP, current US$ | 63.63 million BoP, current US$ | 5 |
| 2010s | 59.39 million BoP, current US$ | 52.25 million BoP, current US$ | 66.86 million BoP, current US$ | 10 |
| 2020s | 63.76 million BoP, current US$ | 58.56 million BoP, current US$ | 73.15 million BoP, current US$ | 5 |
Countries ranked near Marshall Islands
- 193 Sao Tome and Principe 83.04 million BoP, current US$ compare
- 194 Micronesia (country) 76.82 million BoP, current US$ compare
- 195 Turks and Caicos Islands 74.41 million BoP, current US$ compare
- 197 Palau 43.00 million BoP, current US$ compare
- 198 Tuvalu 32.44 million BoP, current US$ compare
- 199 Eritrea 28.48 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 imports in Marshall Islands?
- Service imports in Marshall Islands was 64.21 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 imports recorded in Marshall Islands?
- The highest recorded value was 73.15 million BoP, current US$ in 2021.
- What is the lowest service imports recorded in Marshall Islands?
- The lowest recorded value was 47.21 million BoP, current US$ in 2006.
- How does Marshall Islands rank for service imports?
- Marshall Islands ranks 196th out of 199 countries with data for 2024.
- Is service imports rising or falling in Marshall Islands?
- Over the last ten years it is up 6.4%. 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 Service imports (BoP, current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.