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Marshall Islands Trade (% GDP)

Marshall Islands' trade (% GDP) fell to 110.17% in 2023, down from 118.84% in 2022, according to World Bank. This represents a decrease of 8.67% from the previous year. The Marshall Islands has trade (% GDP) higher than the global median (110.17% vs median 84.49%). Compared with the median in Oceania, the Marshall Islands is higher (110.17% vs regional median 87.74%) and ranks 4th out of 17 countries in Oceania.

Yearly Historical Data (1995-2023)

(in %)
Year Trade (% GDP)
2023 110.17%
2022 118.84%
2021 117.62%
2020 107.83%
2019 153.01%
2018 128.48%
2017 125.15%
2016 116.33%
2015 138.49%
2014 149.85%
2013 161.92%
2012 157.52%
2011 153.24%
2010 144.8%
2009 128.86%
2008 122.05%
2007 114.53%
2006 112.41%
2005 124.7%
2004 114.02%
2003 117.02%
2002 102.32%
2001 118.73%
2000 130.08%
1999 108%
1998 111.95%
1997 107.52%
1996 113.29%
1995 106.86%
Marshall Islands Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Marshall Islands divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Exports (% GDP) 38.92% 40.82% 2023
FDI Inflows (% GDP) 0.79% 1.02% 2023
Imports (% GDP) 71.25% 78.02% 2023
Net Trade (Goods & Services, BoP) -$76.01M -$44.8M 2021