Expense in Marshall Islands
Marshall Islands: Expense was 59.4% in 2020. ▲ Rising
Expense in Marshall Islands, 2008–2020
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.
Expense in Marshall Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2008 | 62.0% | — |
| 2009 | 59.8% | -3.6% |
| 2010 | 54.4% | -9.1% |
| 2011 | 54.4% | +0.1% |
| 2012 | 53.4% | -2.0% |
| 2013 | 54.2% | +1.6% |
| 2014 | 49.2% | -9.3% |
| 2015 | 55.4% | +12.6% |
| 2016 | 56.4% | +1.8% |
| 2017 | 60.8% | +7.7% |
| 2018 | 61.7% | +1.6% |
| 2019 | 65.3% | +5.7% |
| 2020 | 59.4% | -8.9% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Gdp worldbank constant usd, per capita 6,174 units per person (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7273 units per US$ of GDP (2025)
- External balance on goods and services as a percent of gdp -43.83 (2025)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0423 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 321 current LCU per person (2024)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
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.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.