Marshall Islands's transport services (% of service exports, BoP) was 21.63% in 2024, the latest year in the World Bank's World Development Indicators. That is down 10.51 percentage points from 32.14% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 21.63% | 2024 |
| Five years earlier | 6.75% | 2019 |
| Ten years earlier | 32.14% | 2014 |
| Highest | 53.11% | 2017 |
| Lowest | 6.09% | 2020 |
| Average since 2015 | 27.13% | 2015–2024 |
| First recorded | 33.06% | 2005 |
What the numbers say
In 2024, Marshall Islands' transport services (% of service exports, BoP) fell 2.22 percentage points on 2023 (from 23.85% to 21.63%).
Across the 18 yearly changes before that (2006 to 2023), the average change was −0.51 percentage points and a typical year strayed about 10.56 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations below 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 20.63 percentage points in 2022 and the biggest yearly fall was 24.08 percentage points in 2018. 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 the straight-line trend is downward, about 3.77 percentage points a year. A straight line explains 39% of the movement over 10 observed years.
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 13th 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.
| Value | Year | |
|---|---|---|
| Marshall Islands | 21.63% | 2024 |
| World | 15.43% | 2025 |
| East Asia & Pacific | 20.15% | 2025 |
| Upper middle income | 17.7% | 2025 |
Closest to Marshall Islands in the 2024 ranking
- Haiti — 9th of 29: 31.1%
- Mauritania — 10th of 29: 29.26%
- Namibia — 11th of 29: 25.69%
- Malta — 13th of 29: 19.28%
- Rwanda — 14th of 29: 18.35%
- Kyrgyz Republic — 15th of 29: 17.88%
What this measures
Transport services covers the process of carriage of people and objects from one location to another as well as related supporting and auxiliary services. Also included are postal and courier services. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 20 values
| Year | Transport services (% of service exports, BoP) |
|---|---|
| 2024 | 21.63 |
| 2023 | 23.85 |
| 2022 | 26.8 |
| 2021 | 6.18 |
| 2020 | 6.09 |
| 2019 | 6.75 |
| 2018 | 29.03 |
| 2017 | 53.11 |
| 2016 | 49.13 |
| 2015 | 48.69 |
| 2014 |
Transport services (% of service exports, BoP) in nearby economies
- Australia — 6.09% (2025)
- Brunei Darussalam — 51% (2025)
- Cambodia — 13.35% (2025)
- China — 18.35% (2025)
- Fiji — 38.43% (2024)
- French Polynesia — 30.38% (2016)
- Hong Kong SAR, China — 30.58% (2025)
- Indonesia — 14.24% (2025)
- Japan — 12.77% (2025)
- Kiribati
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 transport services (% of service exports, BoP)?
- 21.63% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is down 11.43 percentage points from 33.06% in 2005. The highest value was 53.11% in 2017 and the lowest 6.09% in 2020.
- How does Marshall Islands rank?
- 13th highest of 29 economies with data for 2024.
- Is the latest change in transport services (% of service exports, BoP) unusual for Marshall Islands?
- In 2024, Marshall Islands' transport services (% of service exports, BoP) fell 2.22 percentage points on 2023 (from 23.85% to 21.63%). Across the 18 yearly changes before that (2006 to 2023), the average change was −0.51 percentage points and a typical year strayed about 10.56 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations below 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 BX.GSR.TRAN.ZS, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) 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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