Grants, excluding technical cooperation in Marshall Islands
Marshall Islands: Grants, excluding technical cooperation was 124.64 million BoP, current US$ in 2023. ◆ Volatile
Grants, excluding technical cooperation in Marshall Islands, 1991–2023
Source: DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD). Measured in BoP, current US$.
Analysis
Marshall Islands recorded 124.64 million BoP, current US$ for grants, excluding technical cooperation in 2023.
Compared with earlier readings it is down 8.1% on the previous year and up 41.4% over ten years.
Over the whole period, grants, excluding technical cooperation in Marshall Islands peaked at 179.51 million BoP, current US$ in 2020 and was at its lowest, 0 BoP, current US$, in 1991.
That places Marshall Islands 109th out of 181 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Grants, excluding technical cooperation in Marshall Islands, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1991 | 0 BoP, current US$ | — |
| 1992 | 3.32 million BoP, current US$ | — |
| 1993 | 28.22 million BoP, current US$ | +750.0% |
| 1994 | 42.56 million BoP, current US$ | +50.8% |
| 1995 | 30.44 million BoP, current US$ | -28.5% |
| 1996 | 64.28 million BoP, current US$ | +111.2% |
| 1997 | 50.74 million BoP, current US$ | -21.1% |
| 1998 | 38.98 million BoP, current US$ | -23.2% |
| 1999 | 56.00 million BoP, current US$ | +43.7% |
| 2000 | 44.14 million BoP, current US$ | -21.2% |
| 2001 | 64.99 million BoP, current US$ | +47.2% |
| 2002 | 51.32 million BoP, current US$ | -21.0% |
| 2003 | 48.45 million BoP, current US$ | -5.6% |
| 2004 | 45.99 million BoP, current US$ | -5.1% |
| 2005 | 51.89 million BoP, current US$ | +12.8% |
| 2006 | 51.95 million BoP, current US$ | +0.1% |
| 2007 | 50.05 million BoP, current US$ | -3.7% |
| 2008 | 50.43 million BoP, current US$ | +0.8% |
| 2009 | 57.66 million BoP, current US$ | +14.3% |
| 2010 | 20.80 million BoP, current US$ | -63.9% |
| 2011 | 80.53 million BoP, current US$ | +287.2% |
| 2012 | 79.95 million BoP, current US$ | -0.7% |
| 2013 | 88.16 million BoP, current US$ | +10.3% |
| 2014 | 54.73 million BoP, current US$ | -37.9% |
| 2015 | 56.75 million BoP, current US$ | +3.7% |
| 2016 | 12.47 million BoP, current US$ | -78.0% |
| 2017 | 61.39 million BoP, current US$ | +392.4% |
| 2018 | 53.68 million BoP, current US$ | -12.6% |
| 2019 | 66.24 million BoP, current US$ | +23.4% |
| 2020 | 179.51 million BoP, current US$ | +171.0% |
| 2021 | 107.54 million BoP, current US$ | -40.1% |
| 2022 | 135.67 million BoP, current US$ | +26.2% |
| 2023 | 124.64 million BoP, current US$ | -8.1% |
Marshall Islands compared with similar countries
- Marshall Islands's 124.64 million BoP, current US$ is below the median for upper middle income countries, which is 139.62 million BoP, current US$, 89% of the median. (59 countries reporting)
- Marshall Islands's 124.64 million BoP, current US$ is above the median for East Asia & Pacific, which is 121.26 million BoP, current US$, 1.0× the median. (32 countries reporting)
Biggest year-on-year movements
Years where Grants, excluding technical cooperation in Marshall Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +750.0% | 3.32 million BoP, current US$ | 28.22 million BoP, current US$ |
| 2017 | +392.4% | 12.47 million BoP, current US$ | 61.39 million BoP, current US$ |
| 2011 | +287.2% | 20.80 million BoP, current US$ | 80.53 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 34.95 million BoP, current US$ | 0 BoP, current US$ | 64.28 million BoP, current US$ | 9 |
| 2000s | 51.69 million BoP, current US$ | 44.14 million BoP, current US$ | 64.99 million BoP, current US$ | 10 |
| 2010s | 57.47 million BoP, current US$ | 12.47 million BoP, current US$ | 88.16 million BoP, current US$ | 10 |
| 2020s | 136.84 million BoP, current US$ | 107.54 million BoP, current US$ | 179.51 million BoP, current US$ | 4 |
Countries ranked near Marshall Islands
- 106 Cuba 139.62 million BoP, current US$ compare
- 107 Sint Maarten (Dutch part) 126.79 million BoP, current US$ compare
- 108 Argentina 125.27 million BoP, current US$ compare
- 110 Eritrea 122.44 million BoP, current US$ compare
- 111 Micronesia (country) 122.39 million BoP, current US$ compare
- 112 Tonga 121.36 million BoP, current US$ compare
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.36 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 46.01 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0469 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 355.78 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 2.99 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.5453 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 4,139 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 2.99 % change on previous year (2024)
Frequently asked questions
- What is grants, excluding technical cooperation in Marshall Islands?
- Grants, excluding technical cooperation in Marshall Islands was 124.64 million BoP, current US$ in 2023, according to DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD).
- What is the highest grants, excluding technical cooperation recorded in Marshall Islands?
- The highest recorded value was 179.51 million BoP, current US$ in 2020.
- What is the lowest grants, excluding technical cooperation recorded in Marshall Islands?
- The lowest recorded value was 0 BoP, current US$ in 1991.
- How does Marshall Islands rank for grants, excluding technical cooperation?
- Marshall Islands ranks 109th out of 181 countries with data for 2023.
- Is grants, excluding technical cooperation rising or falling in Marshall Islands?
- Over the last ten years it is up 41.4%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD), published as part of Grants, excluding technical cooperation (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Grants are transfers made in cash, goods or services for which no repayment is required. For ODA reporting purposes, they also include forgiveness of non-military debt, support to non-governmental organisations, certain interest subsidies, and certain costs incurred in the implementation of aid. Grants to multilateral agencies intended to soften the terms of the latter’s lending are a direct resource outflow and should also be recorded as ODA grants. For OOF reporting purposes, grants for commercial purposes such as subsidies to national private investors, and grants to forgive military debt, are also included. Grant-like flows are assimilated to grants. They comprise a) loans for which the service payments are to be made into an account in the borrowing country and used in the borrowing country for its own benefit, and b) provision of commodities for sale in the recipient’s currency the proceeds of which are used in the recipient country for its own benefit. Data are in current U.S. dollars.