Data / Services, value added / Marshall Islands

Services, value added in Marshall Islands

Services, value added in the Marshall Islands was 68.2% of GDP in 2024, according to the World Bank. That is down 1.5 pts from 2023. That is the 37th highest of 188 countries in 2024.

2024, % of GDP68.2
Change on 2023-1.5 pts
Rank37th of 188Countries ranked
Series high78.62005
Series low64.32021

Next release: Friday, 8 October 2027, estimated by Invokely from past publication dates (low confidence), not announced by the publisher. Release calendar

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Services, value added in Marshall Islands, 1997 to 2024

6065707580199720012005200920132017202120241997: 71.5 % of GDP1998: 71.3 % of GDP1999: 69.4 % of GDP2000: 73.9 % of GDP2001: 72.9 % of GDP2002: 72.9 % of GDP2003: 75.5 % of GDP2004: 78 % of GDP2005: 78.6 % of GDP2006: 77.1 % of GDP2007: 76.5 % of GDP2008: 76.8 % of GDP2009: 76.3 % of GDP2010: 71.7 % of GDP2011: 69.3 % of GDP2012: 67.3 % of GDP2013: 67.8 % of GDP2014: 70.9 % of GDP2015: 75.7 % of GDP2016: 71.7 % of GDP2017: 72 % of GDP2018: 72.5 % of GDP2019: 69.8 % of GDP2020: 68.9 % of GDP2021: 64.3 % of GDP2022: 69.1 % of GDP2023: 69.7 % of GDP2024: 68.2 % of GDP60657075801997200720241997: 71.5 % of GDP1998: 71.3 % of GDP1999: 69.4 % of GDP2000: 73.9 % of GDP2001: 72.9 % of GDP2002: 72.9 % of GDP2003: 75.5 % of GDP2004: 78 % of GDP2005: 78.6 % of GDP2006: 77.1 % of GDP2007: 76.5 % of GDP2008: 76.8 % of GDP2009: 76.3 % of GDP2010: 71.7 % of GDP2011: 69.3 % of GDP2012: 67.3 % of GDP2013: 67.8 % of GDP2014: 70.9 % of GDP2015: 75.7 % of GDP2016: 71.7 % of GDP2017: 72 % of GDP2018: 72.5 % of GDP2019: 69.8 % of GDP2020: 68.9 % of GDP2021: 64.3 % of GDP2022: 69.1 % of GDP2023: 69.7 % of GDP2024: 68.2 % of GDP
% of GDP. Source: World Bank, Services, value added (% of GDP) (NV.SRV.TOTL.ZS). Retrieved 2026-10-18, published 2026-10-08.
All 28 values
Period% of GDP
202468.2
202369.7
202269.1
202164.3
202068.9
201969.8
201872.5
201772
201671.7
201575.7
201470.9
201367.8
201267.3
201169.3
201071.7
200976.3
200876.8
200776.5
200677.1
200578.6
200478
200375.5
200272.9
200172.9
200073.9
199969.4
199871.3
199771.5

Marshall Islands compared with nearby places

United Arab Emirates: 54.9 % of GDPAfghanistan: 45.2 % of GDPAntigua and Barbuda: 70 % of GDPAlbania: 48.7 % of GDPArmenia: 62 % of GDPAngola: 44.6 % of GDPArgentina: 53.7 % of GDPAustria: 64 % of GDPAustralia: 66.1 % of GDPAzerbaijan: 42.5 % of GDPBosnia and Herzegovina: 56.7 % of GDPBangladesh: 51.4 % of GDPBelgium: 71 % of GDPBurkina Faso: 44 % of GDPBulgaria: 63.8 % of GDPBurundi: 43.3 % of GDPBenin: 48.9 % of GDPBrunei: 39 % of GDPBolivia: 53.4 % of GDPBrazil: 59.2 % of GDPBahamas: 77.2 % of GDPBhutan: 51.5 % of GDPBotswana: 63.5 % of GDPBelarus: 49.5 % of GDPBelize: 62.4 % of GDPDemocratic Republic of the Congo: 47.3 % of GDPCentral African Republic: 42.1 % of GDPRepublic of the Congo: 45 % of GDPSwitzerland: 71.5 % of GDPCôte d’Ivoire: 51.9 % of GDPChile: 55.8 % of GDPCameroon: 50.7 % of GDPChina: 56.8 % of GDPColombia: 57.6 % of GDPCosta Rica: 69 % of GDPCuba: 73.4 % of GDPCape Verde: 68.8 % of GDPCyprus: 76.5 % of GDPCzechia: 60.2 % of GDPGermany: 64 % of GDPDjibouti: 76.1 % of GDPDenmark: 63.5 % of GDPDominican Republic: 59.8 % of GDPAlgeria: 46.8 % of GDPEcuador: 57.1 % of GDPEstonia: 65.7 % of GDPEgypt: 48.9 % of GDPSpain: 68.9 % of GDPEthiopia: 37.5 % of GDPFinland: 62.2 % of GDPFiji: 54.6 % of GDPFaroe Islands: 53.8 % of GDPFrance: 70.9 % of GDPGabon: 36.8 % of GDPUnited Kingdom: 72.5 % of GDPGeorgia: 62 % of GDPGhana: 43.6 % of GDPGambia: 56.8 % of GDPGuinea: 36.3 % of GDPEquatorial Guinea: 49.3 % of GDPGreece: 68 % of GDPGuatemala: 62 % of GDPGuinea-Bissau: 38.6 % of GDPGuyana: 14.5 % of GDPHong Kong: 91.5 % of GDPHonduras: 58.1 % of GDPCroatia: 60.8 % of GDPHaiti: 52.7 % of GDPHungary: 59.4 % of GDPIndonesia: 43.8 % of GDPIreland: 60.6 % of GDPIsrael: 72.8 % of GDPIndia: 48 % of GDPIraq: 45.8 % of GDPIran: 49.8 % of GDPIceland: 65.3 % of GDPItaly: 64.7 % of GDPJamaica: 60 % of GDPJordan: 57.4 % of GDPJapan: 71.4 % of GDPKenya: 55.7 % of GDPKyrgyzstan: 52.3 % of GDPCambodia: 35.6 % of GDPKiribati: 70.3 % of GDPSouth Korea: 57.5 % of GDPKuwait: 55.7 % of GDPCayman Islands: 86.5 % of GDPKazakhstan: 57.9 % of GDPLaos: 43.5 % of GDPLebanon: 35.7 % of GDPSri Lanka: 57.5 % of GDPLiberia: 43.3 % of GDPLesotho: 51.4 % of GDPLithuania: 64.2 % of GDPLuxembourg: 81.2 % of GDPLatvia: 64.7 % of GDPLibya: 28.3 % of GDPMorocco: 52.7 % of GDPMoldova: 61.7 % of GDPMontenegro: 63.8 % of GDPMadagascar: 49.3 % of GDPNorth Macedonia: 56.2 % of GDPMali: 36.1 % of GDPMyanmar: 38.5 % of GDPMongolia: 44.3 % of GDPMauritania: 42.4 % of GDPMauritius: 64.4 % of GDPMalawi: 44.2 % of GDPMexico: 58.6 % of GDPMalaysia: 53.7 % of GDPMozambique: 41.1 % of GDPNamibia: 54.1 % of GDPNiger: 32.2 % of GDPNigeria: 53.7 % of GDPNicaragua: 46.8 % of GDPNetherlands: 70.5 % of GDPNorway: 53.5 % of GDPNepal: 54.9 % of GDPOman: 46 % of GDPPanama: 69.3 % of GDPPeru: 50.9 % of GDPPapua New Guinea: 42 % of GDPPhilippines: 63.2 % of GDPPakistan: 50.7 % of GDPPoland: 59.1 % of GDPPuerto Rico: 51.8 % of GDPPalestine: 60.2 % of GDPPortugal: 66.3 % of GDPPalau: 73.1 % of GDPParaguay: 48.4 % of GDPQatar: 45.3 % of GDPRomania: 62.6 % of GDPSerbia: 58.8 % of GDPRussia: 57.7 % of GDPRwanda: 52.2 % of GDPSaudi Arabia: 46.9 % of GDPSolomon Islands: 46.9 % of GDPSudan: 54.7 % of GDPSweden: 66.5 % of GDPSingapore: 73.1 % of GDPSlovenia: 57.9 % of GDPSlovakia: 60 % of GDPSierra Leone: 42.6 % of GDPSenegal: 49.1 % of GDPSuriname: 50.8 % of GDPEl Salvador: 60.2 % of GDPEswatini: 51.4 % of GDPChad: 31 % of GDPTogo: 49.2 % of GDPThailand: 59.3 % of GDPTajikistan: 36.5 % of GDPTimor-Leste: 71.6 % of GDPTurkmenistan: 47.5 % of GDPTunisia: 62.6 % of GDPTürkiye: 57.5 % of GDPTrinidad and Tobago: 59.2 % of GDPTanzania: 29.6 % of GDPUkraine: 60.4 % of GDPUganda: 43.1 % of GDPUruguay: 65.1 % of GDPUzbekistan: 46.3 % of GDPVietnam: 42.4 % of GDPVanuatu: 56.8 % of GDPSamoa: 69.4 % of GDPSouth Africa: 63 % of GDPZambia: 57.2 % of GDPZimbabwe: 50.6 % of GDP
  • Under 44
  • 44 to 51
  • 51 to 56
  • 56 to 60
  • 60 to 66
  • 66 and over
  • No data
Services, value added, 2024, % of GDP. Marshall Islands is outlined. Same source and period for every area shown. Source: World Bank. Boundaries: Natural Earth (public domain).

Rankings

Definition

Gross value added of services (ISIC Rev.

More on how it is measured
  • 4 divisions 45 to 99), including trade, transport, hotels and restaurants, finance, real estate, public administration, education and health, as a share of GDP.
  • World Bank national accounts data, compiled from national statistical offices and central banks and from OECD national accounts files.

Agriculture, industry and services do not add up to exactly 100%: taxes less subsidies on products are part of GDP but of no sector. Current prices, so the share moves with relative prices as well as volumes. Countries that rebase their national accounts can shift it by several points. The latest year varies by country.

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How to cite

World Bank, World Development Indicators. Services, value added (% of GDP) (NV.SRV.TOTL.ZS). https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

World Bank. (2026). Services, value added (% of GDP) (NV.SRV.TOTL.ZS) (Services, value added, Marshall Islands, 1997 to 2024) [Data set]. Retrieved October 18, 2026, from https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS

MLA 9

Services, value added (% of GDP) (NV.SRV.TOTL.ZS), Services, value added, Marshall Islands, 1997 to 2024. World Bank, 8 Oct. 2026, https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS. Invokely, https://invokely.ai/en/services-share-of-gdp/marshall-islands. Accessed 18 Oct. 2026.

Chicago (author-date)

World Bank. 2026. Services, value added (% of GDP) (NV.SRV.TOTL.ZS). Services, value added, Marshall Islands, 1997 to 2024. Dataset. Accessed October 18, 2026. https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS. Also distributed by Invokely, https://invokely.ai/en/services-share-of-gdp/marshall-islands.

Harvard

World Bank (2026) Services, value added (% of GDP) (NV.SRV.TOTL.ZS), Services, value added, Marshall Islands, 1997 to 2024 [Dataset]. Available at: https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS, via Invokely: https://invokely.ai/en/services-share-of-gdp/marshall-islands (Accessed: 18 October 2026).

BibTeX
@misc{world_services_value_added_marshall_2024,
  author = {{World Bank}},
  title = {{Services, value added (\% of GDP) (NV.SRV.TOTL.ZS): Services, value added, Marshall Islands, 1997 to 2024}},
  year = {2026},
  howpublished = {Data set},
  url = {https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS},
  urldate = {2026-10-18},
  note = {Accessed via Invokely, https://invokely.ai/en/services-share-of-gdp/marshall-islands. Publisher attribution: World Bank, World Development Indicators. Services, value added (\% of GDP) (NV.SRV.TOTL.ZS). https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.},
}
RIS
TY  - DATA
AU  - World Bank
TI  - Services, value added (% of GDP) (NV.SRV.TOTL.ZS): Services, value added, Marshall Islands, 1997 to 2024
PY  - 2026
DA  - 2026/10/08
PB  - World Bank
DB  - Invokely
UR  - https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS
L2  - https://invokely.ai/en/services-share-of-gdp/marshall-islands
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/en/services-share-of-gdp/marshall-islands.
N1  - Publisher attribution: World Bank, World Development Indicators. Services, value added (% of GDP) (NV.SRV.TOTL.ZS). https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.
ER  -
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Questions

What is the services, value added in Marshall Islands?

Services, value added in the Marshall Islands was 68.2% of GDP in 2024, according to the World Bank. That is down 1.5 pts from 2023. That is the 37th highest of 188 countries in 2024.

Where does this figure come from?

World Bank. Services, value added (% of GDP) (NV.SRV.TOTL.ZS). Retrieved by Invokely on 2026-10-18.

What was the highest services, value added in Marshall Islands?

78.6% of GDP in 2005, the highest value since 1997 in this series.

Services, value added in other countries

Related statistics for Marshall Islands

All statistics for Marshall Islands | Marshall Islands in figures