Revenue, excluding grants in Marshall Islands
Marshall Islands: Revenue, excluding grants was 31.3% in 2020. ▲ Rising
Revenue, excluding grants in Marshall Islands, 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Marshall Islands recorded 31.3% for revenue, excluding grants in 2020.
The figure is down 4.8% on the previous year and up 53.4% over ten years.
Over the whole period, revenue, excluding grants in Marshall Islands peaked at 37.8% in 2017 and was at its lowest, 19.9%, in 2012.
Marshall Islands ranks 44th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Revenue, excluding grants in Marshall Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2008 | 21.7% | — |
| 2009 | 20.3% | -6.4% |
| 2010 | 20.4% | +0.3% |
| 2011 | 20.2% | -1.1% |
| 2012 | 19.9% | -1.6% |
| 2013 | 22.1% | +11.1% |
| 2014 | 23.6% | +7.0% |
| 2015 | 27.2% | +15.4% |
| 2016 | 31.4% | +15.3% |
| 2017 | 37.8% | +20.3% |
| 2018 | 32.5% | -14.0% |
| 2019 | 32.9% | +1.2% |
| 2020 | 31.3% | -4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.0% | 20.3% | 21.7% | 2 |
| 2010s | 26.8% | 19.9% | 37.8% | 10 |
| 2020s | 31.3% | 31.3% | 31.3% | 1 |
Countries ranked near Marshall Islands
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)
- Final consumption expenditure (constant 2015 US$), per capita 7,204 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 6.33 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1.45 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 11,016 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 6.33 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 1.45 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 11,016 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate -0.2137 % change on previous year (2024)
Frequently asked questions
- What is revenue, excluding grants in Marshall Islands?
- Revenue, excluding grants in Marshall Islands was 31.3% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Marshall Islands?
- The highest recorded value was 37.8% in 2017.
- What is the lowest revenue, excluding grants recorded in Marshall Islands?
- The lowest recorded value was 19.9% in 2012.
- How does Marshall Islands rank for revenue, excluding grants?
- Marshall Islands ranks 44th out of 157 countries with data for 2020.
- Is revenue, excluding grants rising or falling in Marshall Islands?
- Over the last ten years it is up 53.4%. 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 Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. 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.