Services, Debit/Expenditure in Marshall Islands
Marshall Islands: Services, Debit/Expenditure was 73.15 million in 2021. ▲ Rising
Services, Debit/Expenditure in Marshall Islands, 2005–2021
Source: International Monetary Fund.
Analysis
In 2021, services, debit/expenditure in Marshall Islands stood at 73.15 million. That is the highest value across all 17 years on record.
The figure is up 16.4% on the previous year and up 25.2% over ten years.
Over the whole period, services, debit/expenditure in Marshall Islands peaked at 73.15 million in 2021 and was at its lowest, 47.21 million, in 2006.
That places Marshall Islands 195th out of 198 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Services, Debit/Expenditure in Marshall Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 49.70 million | — |
| 2006 | 47.21 million | -5.0% |
| 2007 | 52.77 million | +11.8% |
| 2008 | 49.16 million | -6.8% |
| 2009 | 63.63 million | +29.4% |
| 2010 | 54.25 million | -14.7% |
| 2011 | 58.40 million | +7.7% |
| 2012 | 60.86 million | +4.2% |
| 2013 | 66.86 million | +9.9% |
| 2014 | 60.37 million | -9.7% |
| 2015 | 59.39 million | -1.6% |
| 2016 | 66.14 million | +11.4% |
| 2017 | 52.25 million | -21.0% |
| 2018 | 55.75 million | +6.7% |
| 2019 | 59.64 million | +7.0% |
| 2020 | 62.82 million | +5.3% |
| 2021 | 73.15 million | +16.4% |
Marshall Islands compared with similar countries
- Marshall Islands's 73.15 million is below the median for upper middle income countries, which is 4.11 billion, 2% of the median. (54 countries reporting)
- Marshall Islands's 73.15 million is below the median for East Asia & Pacific, which is 2.40 billion, 3% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 52.49 million | 47.21 million | 63.63 million | 5 |
| 2010s | 59.39 million | 52.25 million | 66.86 million | 10 |
| 2020s | 67.98 million | 62.82 million | 73.15 million | 2 |
Countries ranked near Marshall Islands
- 192 Sao Tome and Principe 83.04 million compare
- 193 Micronesia (country) 76.82 million compare
- 194 Turks and Caicos Islands 74.41 million compare
- 196 Palau 43.00 million compare
- 197 Tuvalu 32.44 million compare
- 198 Montserrat 28.31 million compare
More trade data for Marshall Islands
- Extensive Margin, Theil index 0.8319 (2014)
- Export Diversification, Theil index 5.45 (2014)
- Intensive Margin, Theil index 4.62 (2014)
- Total current account debit/expenditure, Debit/Expenditure 234.13 million (2021)
- Goods, Debit/Expenditure 132.88 million (2021)
- Primary income, Debit/Expenditure 11.66 million (2021)
- Secondary income, Debit/Expenditure 16.44 million (2021)
- Total capital account debit/expenditure, Debit/Expenditure 0 (2020)
- Taxes on international trade and transactions, Ratio of this level of 1 (2018)
Frequently asked questions
- What is services, debit/expenditure in Marshall Islands?
- Services, debit/expenditure in Marshall Islands was 73.15 million in 2021, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Marshall Islands?
- The highest recorded value was 73.15 million in 2021.
- What is the lowest services, debit/expenditure recorded in Marshall Islands?
- The lowest recorded value was 47.21 million in 2006.
- How does Marshall Islands rank for services, debit/expenditure?
- Marshall Islands ranks 195th out of 198 countries with data for 2021.
- Is services, debit/expenditure rising or falling in Marshall Islands?
- Over the last ten years it is up 25.2%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.