Marshall Islands: Exports of goods and services (% of GDP)
In , Marshall Islands's Exports of goods and services (% of GDP) was 42.06.
That's up 9.0% from 2023, the highest value since .
The global average for this indicator in 2024 was 44.26 . Marshall Islands ranks #66 globally out of 160 reporting countries. Within East Asia & Pacific, it ranks #12 of 24.
Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 54.77
- Trough
- 25.16
- 1-year change
- +9.0%
- 5-year change
- +13.5%
- +2.6% / yr
- 10-year change
- -15.2%
- -1.6% / yr
Historical Data — Last 10 Years
| Year | Exports of goods and services (% of GDP) |
|---|---|
| 42.0642 | |
| 38.5738 | |
| 39.9778 | |
| 45.9784 | |
| 35.4885 | |
| 37.0619 | |
| 39.7258 | |
| 39.1129 | |
| 36.4933 | |
| 44.2422 |
About Exports of goods and services (% of GDP)
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.EXP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Marshall Islands's Exports of goods and services (% of GDP) in 2024?
- In 2024, Marshall Islands's Exports of goods and services (% of GDP) was 42.06, according to World Bank Open Data.
- Is Marshall Islands's Exports of goods and services (% of GDP) rising or falling?
- Marshall Islands's Exports of goods and services (% of GDP) rose 9.0% from 2023 to 2024.
- How does Marshall Islands rank globally on Exports of goods and services (% of GDP)?
- In 2024, Marshall Islands ranked #66 out of 160 countries reporting Exports of goods and services (% of GDP).
- How does Marshall Islands's Exports of goods and services (% of GDP) compare to the world average?
- The global average for Exports of goods and services (% of GDP) in 2024 was 44.26, so Marshall Islands is below the world average. Within East Asia & Pacific, it ranks #12 of 24.
- What is Exports of goods and services (% of GDP) and how is it measured?
- Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.