Service imports — all countries

Service imports — Marshall Islands

Service imports in the Marshall Islands in 2024 — 64,214,338 US$. Ranked 165 in the world out of 165. Since 2005, the indicator has risen by 29.2%.

2024 64.21M US$ +6.92% vs 2023
World rank 165of 165
Period maximum 73.15M US$2021
Period minimum 47.21M US$2006

Trend over time

2005–2024 · US$

Service imports — Marshall Islands, 2005–202440M50M60M70M80M200520072009201120132015201720192021202320242005: 49,695,234 US$2006: 47,208,739 US$2007: 52,766,849 US$2008: 49,160,576 US$2009: 63,625,339 US$2010: 54,247,283 US$2011: 58,400,708 US$2012: 60,858,292 US$2013: 66,860,942 US$2014: 60,373,906 US$2015: 59,387,800 US$2016: 66,135,407 US$2017: 52,246,201 US$2018: 55,750,437 US$2019: 59,642,338 US$2020: 62,823,082 US$2021: 73,146,765 US$2022: 58,556,118 US$2023: 60,060,978 US$2024: 64,214,338 US$
Change over the period: +14.52M (+29.22%) Average annual rate: 1.36 %

Comparison, 2024

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

Marshall Islands 64.21M US$
World 8.1T US$
Upper-middle-income countries computed 1.25T US$
Service imports — Marshall Islands, by year Marshall Islands All countries CSV XLSX
Year US$ Change Change, %
2024 64.21M +4.15M +6.92%
2023 60.06M +1.5M +2.57%
2022 58.56M −14.59M −19.95%
2021 73.15M +10.32M +16.43%
2020 62.82M +3.18M +5.33%
2019 59.64M +3.89M +6.98%
2018 55.75M +3.5M +6.71%
2017 52.25M −13.89M −21%
2016 66.14M +6.75M +11.36%
2015 59.39M −986,106 −1.63%
2014 60.37M −6.49M −9.7%
2013 66.86M +6M +9.86%
2012 60.86M +2.46M +4.21%
2011 58.4M +4.15M +7.66%
2010 54.25M −9.38M −14.74%
2009 63.63M +14.46M +29.42%
2008 49.16M −3.61M −6.83%
2007 52.77M +5.56M +11.77%
2006 47.21M −2.49M −5%
2005 49.7M

Micronesia, 2024

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

KI Kiribati 108M NR Nauru 88.22M MH Marshall Islands 64.21M

About the indicator

Imports of services: what residents spend on foreign transport, travel, insurance, business and computer services. A large and inconspicuous item: the spending of a country's own tourists abroad is counted here, so countries with well-off populations and a short holiday season have large service imports even when merchandise trade is weak. For many countries the difference between exports and imports of services flips the sign of a trade balance computed on goods alone.

Important: The trips of a country's own citizens abroad are part of service imports, not a separate item. It excludes compensation paid to foreign workers and investment income.

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