Current account balance (credit less debit), Net (credits less debits) in Marshall Islands
Marshall Islands: Current account balance (credit less debit), Net (credits less debits) was 76.26 million in 2021. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Marshall Islands, 2005–2021
Source: International Monetary Fund.
Analysis
In 2021, current account balance (credit less debit), net (credits less debits) in Marshall Islands stood at 76.26 million.
The figure is down 15.5% on the previous year and up 1,419.6% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Marshall Islands peaked at 90.28 million in 2020 and was at its lowest, -28.92 million, in 2013.
That places Marshall Islands 76th out of 198 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less debits) in Marshall Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -2.54 million | — |
| 2006 | -6.18 million | +143.3% |
| 2007 | -8.22 million | +33.0% |
| 2008 | -5.52 million | -32.9% |
| 2009 | -26.40 million | +378.6% |
| 2010 | -14.34 million | -45.7% |
| 2011 | -5.78 million | -59.7% |
| 2012 | -19.61 million | +239.3% |
| 2013 | -28.92 million | +47.5% |
| 2014 | -4.88 million | -83.1% |
| 2015 | -7.03 million | +44.1% |
| 2016 | -16.21 million | +130.6% |
| 2017 | 12.92 million | -179.7% |
| 2018 | 53.03 million | +310.4% |
| 2019 | 86.13 million | +62.4% |
| 2020 | 90.28 million | +4.8% |
| 2021 | 76.26 million | -15.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -9.77 million | -26.40 million | -2.54 million | 5 |
| 2010s | 5.53 million | -28.92 million | 86.13 million | 10 |
| 2020s | 83.27 million | 76.26 million | 90.28 million | 2 |
Countries ranked near Marshall Islands
More financial sector data for Marshall Islands
- Official exchange rate 1 LCU per US$, period average (2025)
- Net migration -1,698 (2025)
- Net migration, annual growth rate 3.8 % change on previous year (2025)
- GDP deflator: linked series 137.5 base year varies by country (2025)
- Inflation, GDP deflator: linked series 5.7% (2025)
- GDP deflator: linked series (base year varies by country), annual 5.66 % change on previous year (2025)
- Financial Institutions Access Index 0.1765 (2020)
- Financial Institutions Depth Index 0 (2020)
- Financial Institutions Efficiency Index 0.4422 (2020)
- Financial Development Index 0.0966 (2020)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Marshall Islands?
- Current account balance (credit less debit), net (credits less debits) in Marshall Islands was 76.26 million in 2021, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Marshall Islands?
- The highest recorded value was 90.28 million in 2020.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Marshall Islands?
- The lowest recorded value was -28.92 million in 2013.
- How does Marshall Islands rank for current account balance (credit less debit), net (credits less debits)?
- Marshall Islands ranks 76th out of 198 countries with data for 2021.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Marshall Islands?
- Over the last ten years it is up 1,419.6%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (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.