Services balance (credit less debit), Net (credits less debits) (US) in Marshall Islands
Marshall Islands: Services balance (credit less debit), Net (credits less debits) (US) was -63.70 million in 2021. ▼ Falling
Services balance (credit less debit), Net (credits less debits) in Marshall Islands, 2005–2021
Source: International Monetary Fund.
Analysis
Marshall Islands recorded -63.70 million for services balance (credit less debit), net (credits less debits) in 2021. That is the lowest value across all 17 years on record.
That represents a change of down 16.7% on the previous year and down 33.7% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Marshall Islands peaked at -12.84 million in 2018 and was at its lowest, -63.70 million, in 2021.
Marshall Islands ranks 105th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Services balance (credit less debit), Net (credits less debits) (US) in Marshall Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -39.87 million | — |
| 2006 | -37.46 million | -6.1% |
| 2007 | -43.36 million | +15.8% |
| 2008 | -39.63 million | -8.6% |
| 2009 | -53.48 million | +34.9% |
| 2010 | -44.86 million | -16.1% |
| 2011 | -47.65 million | +6.2% |
| 2012 | -50.94 million | +6.9% |
| 2013 | -55.83 million | +9.6% |
| 2014 | -47.48 million | -15.0% |
| 2015 | -50.86 million | +7.1% |
| 2016 | -57.70 million | +13.5% |
| 2017 | -24.81 million | -57.0% |
| 2018 | -12.84 million | -48.2% |
| 2019 | -52.37 million | +307.8% |
| 2020 | -54.60 million | +4.3% |
| 2021 | -63.70 million | +16.7% |
Marshall Islands compared with similar countries
- Marshall Islands's -63.70 million is below the median for upper middle income countries, which is 5.85 million. (54 countries reporting)
- Marshall Islands's -63.70 million is above the median for East Asia & Pacific, which is -101.20 million, 63% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Services balance (credit less debit), Net (credits less debits) (US) in Marshall Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | -307.8% | -12.84 million | -52.37 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -42.76 million | -53.48 million | -37.46 million | 5 |
| 2010s | -44.53 million | -57.70 million | -12.84 million | 10 |
| 2020s | -59.15 million | -63.70 million | -54.60 million | 2 |
Countries ranked near Marshall Islands
More financial sector data for Marshall Islands
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 13.23 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 9.66 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 13.23 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Marshall Islands?
- Services balance (credit less debit), net (credits less debits) in Marshall Islands was -63.70 million in 2021, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Marshall Islands?
- The highest recorded value was -12.84 million in 2018.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Marshall Islands?
- The lowest recorded value was -63.70 million in 2021.
- How does Marshall Islands rank for services balance (credit less debit), net (credits less debits)?
- Marshall Islands ranks 105th out of 197 countries with data for 2021.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Marshall Islands?
- Over the last ten years it is down 33.7%. The long-run trend across the full record is falling.
- Where does this Marshall Islands data come from?
- The figures come from International Monetary Fund, published as part of Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.