Deficit, Percent of own spending in Marshall Islands
Marshall Islands: Deficit, Percent of own spending was 0.012 in 2018. ◆ Volatile
Deficit, Percent of own spending in Marshall Islands, 2008–2018
Source: International Monetary Fund.
Analysis
Marshall Islands recorded 0.012 for deficit, percent of own spending in 2018.
Compared with earlier readings it is down 82.8% on the previous year and down 68.6% over ten years.
Over the whole period, deficit, percent of own spending in Marshall Islands peaked at 0.0842 in 2014 and was at its lowest, -0.0118, in 2012.
That places Marshall Islands 4th out of 66 countries with data for 2018, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Deficit, Percent of own spending in Marshall Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 0.0382 | — |
| 2009 | 0.006 | -84.4% |
| 2010 | 0.0624 | +945.1% |
| 2011 | 0.0437 | -30.0% |
| 2012 | -0.0118 | -127.0% |
| 2013 | -0.0001 | -99.3% |
| 2014 | 0.0842 | -104374.9% |
| 2015 | 0.0523 | -37.8% |
| 2016 | 0.0735 | +40.4% |
| 2017 | 0.0699 | -4.8% |
| 2018 | 0.012 | -82.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0221 | 0.006 | 0.0382 | 2 |
| 2010s | 0.0429 | -0.0118 | 0.0842 | 9 |
Countries ranked near Marshall Islands
- 1 Kiribati 0.311 compare
- 2 Azerbaijan 0.1927 compare
- 3 Iran, Islamic Republic of 0.0182
- 5 Afghanistan 0.0075 compare
- 6 Kenya -0.0067 compare
- 7 Kyrgyzstan -0.0075 compare
More public sector data for Marshall Islands
- Tax revenue 17.2% (2020)
- Taxes on income, profits and capital gains 9.7% (2020)
- Taxes on goods and services 8.4% (2020)
- Net investment in nonfinancial assets 8.8% (2020)
- Net lending (+) / net borrowing (-) 5.0% (2020)
- Interest payments 0.4% (2020)
- Grants and other revenue 75.8% (2020)
- Interest payments 0.5% (2020)
- Other taxes 0.8% (2020)
- Compensation of employees 35.3% (2020)
Frequently asked questions
- What is deficit, percent of own spending in Marshall Islands?
- Deficit, percent of own spending in Marshall Islands was 0.012 in 2018, according to International Monetary Fund.
- What is the highest deficit, percent of own spending recorded in Marshall Islands?
- The highest recorded value was 0.0842 in 2014.
- What is the lowest deficit, percent of own spending recorded in Marshall Islands?
- The lowest recorded value was -0.0118 in 2012.
- How does Marshall Islands rank for deficit, percent of own spending?
- Marshall Islands ranks 4th out of 66 countries with data for 2018.
- Is deficit, percent of own spending rising or falling in Marshall Islands?
- Over the last ten years it is down 68.6%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from International Monetary Fund, published as part of Deficit, Percent of own spending (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.