Current account balance (World Bank) — all countries

Current account balance (World Bank) — Marshall Islands

Current account balance (World Bank) in the Marshall Islands in 2024 — 21.87%. Ranked 3 in the world out of 165. Since 2005, the indicator has risen by 23.71 pp.

2024 21.87% +6.13 pp vs 2023
World rank 3of 165
Period maximum 37.34%2020
Period minimum -17.46%2009

Trend over time

2005–2024 · % of GDP

Current account balance (World Bank) — Marshall Islands, 2005–2024-2002040200520072009201120132015201720192021202320242005: -1.84%2006: -4.32%2007: -5.46%2008: -3.76%2009: -17.46%2010: -8.9%2011: -3.35%2012: -10.85%2013: -15.51%2014: -2.62%2015: -3.83%2016: -8.03%2017: 6.05%2018: 24.11%2019: 36.98%2020: 37.34%2021: 29.19%2022: 6.82%2023: 15.74%2024: 21.87%
Change over the period: +23.71 pp Annual average: 1.25 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Marshall Islands

Marshall Islands 21.87%
World computed 0.39%
East Asia & Pacific computed 2.87%
Current account balance (World Bank) — Marshall Islands, by year Marshall Islands All countries CSV XLSX
Year % Change, pp
2024 21.87 +6.13 pp
2023 15.74 +8.92 pp
2022 6.82 −22.37 pp
2021 29.19 −8.15 pp
2020 37.34 +0.35 pp
2019 36.98 +12.88 pp
2018 24.11 +18.06 pp
2017 6.05 +14.08 pp
2016 -8.03 −4.21 pp
2015 -3.83 −1.2 pp
2014 -2.62 +12.89 pp
2013 -15.51 −4.66 pp
2012 -10.85 −7.5 pp
2011 -3.35 +5.55 pp
2010 -8.9 +8.56 pp
2009 -17.46 −13.7 pp
2008 -3.76 +1.7 pp
2007 -5.46 −1.15 pp
2006 -4.32 −2.48 pp
2005 -1.84

Micronesia, 2024

The same indicator for neighboring countries — with links to their pages

MH Marshall Islands 21.87 NR Nauru 5.8 KI Kiribati -17.35

About the indicator

The current account balance of the balance of payments as a percent of GDP from World Bank data. It duplicates the IMF indicator in meaning but rests on a different source and carries no forecast part — useful for cross-checking: noticeable divergences between the two series usually point to a revision of the statistics.

Source: World Development Indicators (World Bank), license CC BY 4.0.