Services balance (credit less debit), Net (credits less debits) in Marshall Islands
Marshall Islands: Services balance (credit less debit), Net (credits less debits) 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) 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% |
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
- 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)
- 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)
- Financial Institutions Index 0.1898 (2020)
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.
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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.