Marshall Islands's imports of goods and services (constant LCU) was 200.6 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 16.1% from 172.79 million in 2014 (1.5% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 200.6 million | 2024 |
| Five years earlier | 271.09 million | 2019 |
| Ten years earlier | 172.79 million | 2014 |
| Highest | 271.09 million | 2019 |
| Lowest | 125.33 million | 2008 |
| Average since 2015 | 195.6 million | 2015–2024 |
| First recorded | 149.67 million |
What the numbers say
In 2024, Marshall Islands' imports of goods and services (constant LCU) rose 10.7% on 2023 (from 181.22 million to 200.6 million).
Across the 19 yearly changes before that (2005 to 2023), the average change was +2% and a typical year strayed about 15% from that (the standard deviation). This year's change was 0.6 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 38.2% in 2019 and the biggest yearly fall was 30.7% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 2% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Marshall Islands had the 29th highest value of the 29 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Marshall Islands in the 2024 ranking
- Timor-Leste — 25th of 29: 1.25 billion
- Tonga — 26th of 29: 679.73 million
- Kiribati — 27th of 29: 411.12 million
- Palau — 29th of 29: 183.27 million
What this measures
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 in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 21 values
| Year | Imports of goods and services (constant LCU) |
|---|---|
| 2024 | 200,603,900 |
| 2023 | 181,223,400 |
| 2022 | 197,154,100 |
| 2021 | 184,828,000 |
| 2020 | 187,927,900 |
| 2019 | 271,089,800 |
| 2018 | 196,135,800 |
| 2017 | 191,345,000 |
| 2016 | 172,540,900 |
| 2015 | 173,132,900 |
| 2014 |
Imports of goods and services (constant LCU) in nearby economies
- American Samoa — 619 million (2022)
- Australia — 622.19 billion (2025)
- Brunei Darussalam — 9.69 billion (2025)
- Cambodia — 116.76 trillion (2025)
- Guam — 3.76 billion (2022)
- Hong Kong SAR, China — 6.1 trillion (2025)
- Indonesia — 2,708.77 trillion (2025)
- Japan — 96.91 trillion (2024)
- Kiribati — 411.12 million (2024)
- Korea, Rep.
More economic policy & debt data for Marshall Islands
- GDP (current US$) — US$308 million (2025)
- GDP (current LCU) — 308 million (2025)
- GDP (constant 2015 US$) — US$224 million (2025)
- GDP (constant LCU) — 224 million (2025)
- GDP per capita (current US$) — US$8,489 (2025)
- GDP per capita (current LCU) — 8,489 (2025)
- GDP per capita (constant 2015 US$) — US$6,174 (2025)
- GDP per capita (constant LCU) — 6,174 (2025)
- GNI (current US$) — US$364 million (2025)
- GNI (current LCU) — 364 million (2025)
- GNI per capita (current LCU)
Reading data like this
Questions people ask
- What is Marshall Islands's imports of goods and services (constant LCU)?
- 200.6 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2004?
- It is up 34.03% from 149.67 million in 2004 (1.48% a year on average, compounded). The highest value was 271.09 million in 2019 and the lowest 125.33 million in 2008.
- How does Marshall Islands rank?
- 29th highest of 29 economies with data for 2024.
- Is the latest change in imports of goods and services (constant LCU) unusual for Marshall Islands?
- In 2024, Marshall Islands' imports of goods and services (constant LCU) rose 10.7% on 2023 (from 181.22 million to 200.6 million). Across the 19 yearly changes before that (2005 to 2023), the average change was +2% and a typical year strayed about 15% from that (the standard deviation). This year's change was 0.6 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NE.IMP.GNFS.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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