Expense in Marshall Islands

Marshall Islands: Expense was 59.4% in 2020. ▲ Rising

Latest (2020)
59.4%
Change on year
down 8.9%
World rank
4th
of 157 countries
All-time high
65.3%
in 2019
All-time low
49.2%
in 2014
Years of data
13
2008–2020

Expense in Marshall Islands, 2008–2020

02040602008201420202008: 62 % of GDP2009: 59.8 % of GDP2010: 54.4 % of GDP2011: 54.4 % of GDP2012: 53.4 % of GDP2013: 54.2 % of GDP2014: 49.2 % of GDP2015: 55.4 % of GDP2016: 56.4 % of GDP2017: 60.8 % of GDP2018: 61.7 % of GDP2019: 65.3 % of GDP2020: 59.4 % of GDP

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

In 2020, expense in Marshall Islands stood at 59.4%.

The figure is down 8.9% on the previous year and up 9.3% over ten years.

Over the whole period, expense in Marshall Islands peaked at 65.3% in 2019 and was at its lowest, 49.2%, in 2014.

That places Marshall Islands 4th out of 157 countries with data for 2020, putting it in the top 10%.

The long-run direction has been consistently rising across the 13 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 60.9% 59.8% 62.0% 2
2010s 56.5% 49.2% 65.3% 10
2020s 59.4% 59.4% 59.4% 1

Countries ranked near Marshall Islands

  1. 1 Nauru 103.6% compare
  2. 2 Kiribati 83.7% compare
  3. 3 Ukraine 65.6% compare
  4. 5 Palau 59.0% compare
  5. 6 East Timor 52.5% compare
  6. 7 Greece 47.3% compare

See the full ranking of 183 places →

More economy & growth data for Marshall Islands

All data for Marshall Islands →

Frequently asked questions

What is expense in Marshall Islands?
Expense in Marshall Islands was 59.4% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest expense recorded in Marshall Islands?
The highest recorded value was 65.3% in 2019.
What is the lowest expense recorded in Marshall Islands?
The lowest recorded value was 49.2% in 2014.
How does Marshall Islands rank for expense?
Marshall Islands ranks 4th out of 157 countries with data for 2020.
Is expense rising or falling in Marshall Islands?
Over the last ten years it is up 9.3%. The long-run trend across the full record is rising.
Where does this Marshall Islands data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.

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CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.