Latin America & Caribbean vs Marshall Islands: Goods and services expense
Goods and services expense over time
- Latin America & Caribbean
- Marshall Islands
How they compare
Marshall Islands currently reports 25.9% against 11.7% in Latin America & Caribbean, a difference of 14.2%.
That makes Marshall Islands's figure about 2.2 times Latin America & Caribbean's.
Across all 13 years both countries report, Marshall Islands has been ahead every year.
Latin America & Caribbean ranks 24th and Marshall Islands ranks 26th of 41 groups.
Marshall Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | Marshall Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 13.8% | 27.2% | 13.5% | Marshall Islands |
| 2010s | 13.1% | 28.0% | 14.9% | Marshall Islands |
| 2020s | 11.4% | 25.9% | 14.5% | Marshall Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Latin America & Caribbean or Marshall Islands?
- Marshall Islands, at 25.9% against 11.7% in Latin America & Caribbean as of 2020.
- What is the difference in goods and services expense between Latin America & Caribbean and Marshall Islands?
- 14.2%, with Marshall Islands ahead.
- How many years of comparable data are there for Latin America & Caribbean and Marshall Islands?
- 13 years are reported by both, from 2008 to 2020.
- How do Latin America & Caribbean and Marshall Islands rank globally for goods and services expense?
- Latin America & Caribbean ranks 24th and Marshall Islands ranks 26th of 41 groups.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (% of expense). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.