Marshall Islands Current Account Balance
Current account balance as % of GDP BN.CAB.XOKA.GD.ZS
Marshall Islands's current account balance was 10.29% in 2025, ranked 17th globally. This represents a 26.4% decrease from 2024. Data from World Bank, covering 1997–2025.
Overview
Marshall Islands's current account balance stood at 10.29% in 2025, a decline of +3.68% from 2024. The IMF projects 10.29% by 2025. Marshall Islands ranked 17th globally.
The Marshall Islands posted a current‑account surplus of 10.29 in 2025, ranking it 17th worldwide, a marked improvement from the –12.27 recorded in the earliest year of the series, 1997. The surge to an all‑time peak of 37.34 in 2020 reflected a brief period of strong export earnings and limited import demand, while the trough of –17.46 in 2009 coincided with the global financial crisis that sharply reduced tourism receipts and external financing. Over the 29‑year coverage, the islands have transitioned from persistent deficits to a sustained surplus, a trajectory mirrored by peers such as Papua New Guinea, which recorded a surplus of 10.77, and Aruba, with 10.06, in the same year. The upward swing is driven largely by modest growth in services exports and tighter fiscal discipline, yet future shifts in climate‑related aid, remittance flows, or external debt servicing could alter the current‑account balance’s direction.
Data & projection
| Year | Current Account Balance | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 3.44% | - | - |
| 2029* IMF | 4.68% | - | - |
| 2028* IMF | 5.73% | - | - |
| 2027* IMF | 7.87% | - | - |
| 2026* IMF | 4.00% | - | - |
| 2025* IMF | 10.29% | - | - |
| 2025 | 10.29% | −3.68% | #17 |
| 2024 | 13.97% | −2.85% | #176 |
| 2023 | 16.82% | +6.77% | #188 |
| 2022 | 10.05% | −12.65% | #167 |
| 2021 | 29.19% | +14.29% | #194 |
| 2020 | 37.34% | +68.51% | #195 |
| 2019 | 36.98% | +39.01% | #195 |
| 2018 | 24.11% | +25.01% | #193 |
| 2017 | 6.05% | −3.87% | #173 |
| 2016 | -8.03% | −19.45% | #40 |
| 2015 | -3.83% | −3.34% | #80 |
| 2014 | -2.62% | +6.37% | #100 |
| 2013 | -15.51% | −11.43% | #16 |
| 2012 | -10.85% | −10.23% | #34 |
| 2011 | -3.35% | +14.75% | #95 |
Analysis
Marshall Islands's current account balance was 10.29% in 2025, a decline of −3.68% from 2024. IMF projects 10.29% by 2025.
Frequently Asked Questions
Marshall Islands's current account balance was 10.29% in 2025. Ranked 17th globally. This represents a 26.4% decrease from the previous year.
Marshall Islands's current account balance peaked at 37.34% in 2020.
The lowest current account balance in Marshall Islands was -17.46% in 2009.
Marshall Islands ranks 17th globally in current account balance as of 2025.
The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.
Marshall Islands's current account balance is projected to reach 10.29% by 2025 based on IMF projection.
The current account balance of Marshall Islands in 2025 was 10.29%. This ranks 17th in the world.
Cite this page
@misc{historysaid_marshall-islands_current-account,
title = {Marshall Islands Current Account Balance},
url = {https://historysaid.com/marshall-islands/current-account/},
publisher = {HistorySaid},
year = {2026}
}