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Marshall Islands Insurance and financial services (% of service exports, BoP) 2026: Interactive Chart & Historical Data

Insurance and financial services (% of service exports, BoP) in Marshall Islands stood at 4.73% in 2024, according to World Bank. The latest value is down 0.7 percentage points from 5.44% in 2023. Marshall Islands ranked 60th highest of the 158 countries in this dataset in 2024; Cayman Islands ranked first.

Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1960–2025
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What is Insurance and financial services (% of service exports, BoP)?

Insurance and financial services (% of service exports, BoP), measured in %, captures Marshall Islands's cross-border flows of goods and services, revealing the country's competitive position in global markets, trade relationships, and exposure to external economic shocks. Trade data encompasses exports (goods and services sold to other countries), imports (purchases from abroad), and the resulting balance (surplus when exports exceed imports, deficit when the reverse occurs). In Marshall Islands, Insurance and financial services (% of service exports, BoP) reflects comparative advantages — sectors where the country produces efficiently relative to trading partners — as well as exchange rate effects and global demand patterns. Persistent trade deficits may indicate domestic consumption exceeding production, while surpluses suggest strong export competitiveness. Trade relationships also create supply chain dependencies; disruptions in partner countries can affect Marshall Islands's industries that rely on imported components or foreign markets for their products.

Key facts

What is the latest Insurance and financial services (% of service exports, BoP) in Marshall Islands?

Insurance and financial services (% of service exports, BoP) in Marshall Islands stood at 4.73% in 2024, according to World Bank.

Is Insurance and financial services (% of service exports, BoP) in Marshall Islands rising or falling?

The latest value is down 0.7 percentage points from 5.44% in 2023.

How does Marshall Islands rank for Insurance and financial services (% of service exports, BoP)?

Marshall Islands ranked 60th highest of the 158 countries in this dataset in 2024; Cayman Islands ranked first.

Metadata for Insurance and financial services (% of service exports, BoP) in Marshall Islands
IndicatorInsurance and financial services (% of service exports, BoP)
CountryMarshall Islands
CategoryMacroeconomics
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Latest balance: 4.73% (2024)

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Source:World Bank — series BX.GSR.INSF.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Insurance and financial services (% of service exports, BoP) — Marshall Islands [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-bx-gsr-insf-zs/MHL. Original source: https://data.worldbank.org/indicator/BX.GSR.INSF.ZS

MLA

World Bank. "Insurance and financial services (% of service exports, BoP) — Marshall Islands." EconDash, 2026, https://econdash.org/chart/wdi-bx-gsr-insf-zs/MHL. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/BX.GSR.INSF.ZS.

Chicago

World Bank. 2026. "Insurance and financial services (% of service exports, BoP) — Marshall Islands." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-bx-gsr-insf-zs/MHL. Original source: https://data.worldbank.org/indicator/BX.GSR.INSF.ZS.

BibTeX
@misc{econdash_wdi_bx_gsr_insf_zs_mhl,
  author = {{World Bank}},
  title = {{Insurance and financial services (\% of service exports, BoP) --- Marshall Islands}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-bx-gsr-insf-zs/MHL},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/BX.GSR.INSF.ZS}
}