Marshall Islands: Imports of goods and services (% of GDP)
In , Marshall Islands's Imports of goods and services (% of GDP) was 81.74.
That's up 2.3% from 2023, the highest value since .
The global average for this indicator in 2024 was 47.94 . Marshall Islands ranks #16 globally out of 160 reporting countries. Within East Asia & Pacific, it ranks #6 of 24.
Source: World Bank Open Data (NE.IMP.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
- 115.95
- Trough
- 72.34
- 1-year change
- +2.3%
- 5-year change
- -29.5%
- -6.8% / yr
- 10-year change
- -18.4%
- -2.0% / yr
Historical Data — Last 10 Years
| Year | Imports of goods and services (% of GDP) |
|---|---|
| 81.7449 | |
| 79.9198 | |
| 88.3601 | |
| 74.0777 | |
| 72.3375 | |
| 115.9459 | |
| 88.7565 | |
| 86.0323 | |
| 79.8331 | |
| 94.2476 |
About Imports of goods and services (% of GDP)
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to 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.IMP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Marshall Islands's Imports of goods and services (% of GDP) in 2024?
- In 2024, Marshall Islands's Imports of goods and services (% of GDP) was 81.74, according to World Bank Open Data.
- Is Marshall Islands's Imports of goods and services (% of GDP) rising or falling?
- Marshall Islands's Imports of goods and services (% of GDP) rose 2.3% from 2023 to 2024.
- How does Marshall Islands rank globally on Imports of goods and services (% of GDP)?
- In 2024, Marshall Islands ranked #16 out of 160 countries reporting Imports of goods and services (% of GDP).
- How does Marshall Islands's Imports of goods and services (% of GDP) compare to the world average?
- The global average for Imports of goods and services (% of GDP) in 2024 was 47.94, so Marshall Islands is above the world average. Within East Asia & Pacific, it ranks #6 of 24.
- What is Imports of goods and services (% of GDP) and how is it measured?
- Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to 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.IMP.GNFS.ZS), CC BY 4.0.