Technical cooperation grants in Marshall Islands
Marshall Islands: Technical cooperation grants was 4.82 million BoP, current US$ in 2023. ◆ Volatile
Technical cooperation grants 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$.
Analysis
Marshall Islands recorded 4.82 million BoP, current US$ for technical cooperation grants in 2023.
That represents a change of down 40.2% on the previous year and up 20.8% over ten years.
Over the whole period, technical cooperation grants in Marshall Islands peaked at 13.64 million BoP, current US$ in 2017 and was at its lowest, 280,000 BoP, current US$, in 1991.
Marshall Islands ranks 148th of 181 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Technical cooperation grants in Marshall Islands, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1991 | 280,000 BoP, current US$ | — |
| 1992 | 2.25 million BoP, current US$ | +703.6% |
| 1993 | 1.94 million BoP, current US$ | -13.8% |
| 1994 | 3.77 million BoP, current US$ | +94.3% |
| 1995 | 2.95 million BoP, current US$ | -21.8% |
| 1996 | 5.66 million BoP, current US$ | +91.9% |
| 1997 | 2.19 million BoP, current US$ | -61.3% |
| 1998 | 3.50 million BoP, current US$ | +59.8% |
| 1999 | 3.08 million BoP, current US$ | -12.0% |
| 2000 | 3.32 million BoP, current US$ | +7.8% |
| 2001 | 2.72 million BoP, current US$ | -18.1% |
| 2002 | 4.41 million BoP, current US$ | +62.1% |
| 2003 | 3.68 million BoP, current US$ | -16.6% |
| 2004 | 3.93 million BoP, current US$ | +6.8% |
| 2005 | 4.40 million BoP, current US$ | +12.0% |
| 2006 | 3.38 million BoP, current US$ | -23.2% |
| 2007 | 3.27 million BoP, current US$ | -3.3% |
| 2008 | 2.78 million BoP, current US$ | -15.0% |
| 2009 | 3.50 million BoP, current US$ | +25.9% |
| 2010 | 3.81 million BoP, current US$ | +8.9% |
| 2011 | 3.99 million BoP, current US$ | +4.7% |
| 2012 | 6.14 million BoP, current US$ | +53.9% |
| 2013 | 3.99 million BoP, current US$ | -35.0% |
| 2014 | 3.01 million BoP, current US$ | -24.5% |
| 2015 | 2.94 million BoP, current US$ | -2.3% |
| 2016 | 2.60 million BoP, current US$ | -11.5% |
| 2017 | 13.64 million BoP, current US$ | +424.2% |
| 2018 | 3.46 million BoP, current US$ | -74.6% |
| 2019 | 3.03 million BoP, current US$ | -12.3% |
| 2020 | 3.99 million BoP, current US$ | +31.7% |
| 2021 | 3.67 million BoP, current US$ | -8.2% |
| 2022 | 8.06 million BoP, current US$ | +119.8% |
| 2023 | 4.82 million BoP, current US$ | -40.2% |
Marshall Islands compared with similar countries
- Marshall Islands's 4.82 million BoP, current US$ is below the median for upper middle income countries, which is 52.36 million BoP, current US$, 9% of the median. (59 countries reporting)
- Marshall Islands's 4.82 million BoP, current US$ is below the median for East Asia & Pacific, which is 23.25 million BoP, current US$, 21% of the median. (32 countries reporting)
Biggest year-on-year movements
Years where Technical cooperation grants in Marshall Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +703.6% | 280,000 BoP, current US$ | 2.25 million BoP, current US$ |
| 2017 | +424.2% | 2.60 million BoP, current US$ | 13.64 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.85 million BoP, current US$ | 280,000 BoP, current US$ | 5.66 million BoP, current US$ | 9 |
| 2000s | 3.54 million BoP, current US$ | 2.72 million BoP, current US$ | 4.41 million BoP, current US$ | 10 |
| 2010s | 4.66 million BoP, current US$ | 2.60 million BoP, current US$ | 13.64 million BoP, current US$ | 10 |
| 2020s | 5.14 million BoP, current US$ | 3.67 million BoP, current US$ | 8.06 million BoP, current US$ | 4 |
Countries ranked near Marshall Islands
- 145 Palau 5.61 million BoP, current US$ compare
- 146 Maldives 5.31 million BoP, current US$ compare
- 147 Eritrea 4.98 million BoP, current US$ compare
- 149 Belize 4.66 million BoP, current US$ compare
- 150 Seychelles 4.64 million BoP, current US$ compare
- 151 Turkmenistan 4.21 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 technical cooperation grants in Marshall Islands?
- Technical cooperation grants in Marshall Islands was 4.82 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 technical cooperation grants recorded in Marshall Islands?
- The highest recorded value was 13.64 million BoP, current US$ in 2017.
- What is the lowest technical cooperation grants recorded in Marshall Islands?
- The lowest recorded value was 280,000 BoP, current US$ in 1991.
- How does Marshall Islands rank for technical cooperation grants?
- Marshall Islands ranks 148th out of 181 countries with data for 2023.
- Is technical cooperation grants rising or falling in Marshall Islands?
- Over the last ten years it is up 20.8%. 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 Technical cooperation grants (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Technical cooperation grants include free-standing technical cooperation grants, which are intended to finance the transfer of technical and managerial skills or of technology for the purpose of building up general national capacity without reference to any specific investment projects; and investment-related technical cooperation grants, which are provided to strengthen the capacity to execute specific investment projects. Data are in current U.S. dollars.