Revenue decentralization, Percent in Marshall Islands
Marshall Islands: Revenue decentralization, Percent was 0.4325 in 2018. ▲ Rising
Revenue decentralization, Percent in Marshall Islands, 2008–2018
Source: International Monetary Fund.
Analysis
Marshall Islands recorded 0.4325 for revenue decentralization, percent in 2018.
Compared with earlier readings it is down 8.2% on the previous year and up 60.7% over ten years.
Over the whole period, revenue decentralization, percent in Marshall Islands peaked at 0.471 in 2017 and was at its lowest, 0.2691, in 2008.
Marshall Islands ranks 55th of 67 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Revenue decentralization, Percent in Marshall Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 0.2691 | — |
| 2009 | 0.2719 | +1.0% |
| 2010 | 0.2821 | +3.8% |
| 2011 | 0.2929 | +3.8% |
| 2012 | 0.3228 | +10.2% |
| 2013 | 0.3464 | +7.3% |
| 2014 | 0.3798 | +9.7% |
| 2015 | 0.3913 | +3.0% |
| 2016 | 0.44 | +12.4% |
| 2017 | 0.471 | +7.1% |
| 2018 | 0.4325 | -8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2705 | 0.2691 | 0.2719 | 2 |
| 2010s | 0.3732 | 0.2821 | 0.471 | 9 |
Countries ranked near Marshall Islands
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 revenue decentralization, percent in Marshall Islands?
- Revenue decentralization, percent in Marshall Islands was 0.4325 in 2018, according to International Monetary Fund.
- What is the highest revenue decentralization, percent recorded in Marshall Islands?
- The highest recorded value was 0.471 in 2017.
- What is the lowest revenue decentralization, percent recorded in Marshall Islands?
- The lowest recorded value was 0.2691 in 2008.
- How does Marshall Islands rank for revenue decentralization, percent?
- Marshall Islands ranks 55th out of 67 countries with data for 2018.
- Is revenue decentralization, percent rising or falling in Marshall Islands?
- Over the last ten years it is up 60.7%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from International Monetary Fund, published as part of Revenue decentralization, Percent (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.