Current account balance — all countries

Current account balance — Marshall Islands

Current account balance in the Marshall Islands in 2031 — -3.5%. Ranked 129 in the world out of 188. Since 1997, the indicator has risen by 9.3 pp.

2031 -3.5% −5.8 pp vs 2030
World rank 129of 188
Period maximum 27.4%2021
Period minimum -23.5%2019

Trend over time

1997–2031 · % of GDP

Current account balance — Marshall Islands, 1997–2031-40-200204019972001200520092013201720212025202920311997: -12.8%1998: -11.2%1999: -11.6%2000: -12.6%2001: -3.8%2002: 7.7%2003: 1.3%2004: 5.7%2005: 8.6%2006: -0.4%2007: 4.7%2008: 3.8%2009: -8.9%2010: -14.7%2011: 3.1%2012: -0.1%2013: -4.4%2014: 4.8%2015: 17.2%2016: 16.2%2017: 5.8%2018: 5.4%2019: -23.5%2020: 22.7%2021: 27.4%2022: 6.8%2023: 15.8%2024: 15.7%2025: 9.1%2026: 2.4%2027: 6.2%2028: 4.5%2029: 3.5%2030: 2.3%2031: -3.5%
Change over the period: +9.3 pp Annual average: 0.27 pp

Comparison, 2031

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

Marshall Islands -3.5%
World computed 0.28%
East Asia & Pacific computed 3.13%
Micronesia (subregion) computed -6.5%
Current account balance — Marshall Islands, by year Marshall Islands All countries CSV XLSX
Year % Change, pp
2031 -3.5 −5.8 pp
2030 2.3 −1.2 pp
2029 3.5 −1 pp
2028 4.5 −1.7 pp
2027 6.2 +3.8 pp
2026 2.4 −6.7 pp
2025 9.1 −6.6 pp
2024 15.7 −0.1 pp
2023 15.8 +9 pp
2022 6.8 −20.6 pp
2021 27.4 +4.7 pp
2020 22.7 +46.2 pp
2019 -23.5 −28.9 pp
2018 5.4 −0.4 pp
2017 5.8 −10.4 pp
2016 16.2 −1 pp
2015 17.2 +12.4 pp
2014 4.8 +9.2 pp
2013 -4.4 −4.3 pp
2012 -0.1 −3.2 pp
2011 3.1 +17.8 pp
2010 -14.7 −5.8 pp
2009 -8.9 −12.7 pp
2008 3.8 −0.9 pp
2007 4.7 +5.1 pp
2006 -0.4 −9 pp
2005 8.6 +2.9 pp
2004 5.7 +4.4 pp
2003 1.3 −6.4 pp
2002 7.7 +11.5 pp
2001 -3.8 +8.8 pp
2000 -12.6 −1 pp
1999 -11.6 −0.4 pp
1998 -11.2 +1.6 pp
1997 -12.8

Micronesia, 2031

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

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.