Subsidies and other transfers in Marshall Islands, Republic of the
Marshall Islands, Republic of the: Subsidies and other transfers was 24.54 million current LCU in 2020. β² Rising
Subsidies and other transfers in Marshall Islands, Republic of the, 2008β2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2020, subsidies and other transfers in Marshall Islands, Republic of the stood at 24.54 million current LCU.
That represents a change of down 6.8% on the previous year and up 70.0% over ten years.
Over the whole period, subsidies and other transfers in Marshall Islands, Republic of the peaked at 33.85 million current LCU in 2018 and was at its lowest, 12.17 million current LCU, in 2014.
Marshall Islands, Republic of the ranks 151st of 153 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 13 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.72 million current LCU | 16.00 million current LCU | 19.44 million current LCU | 2 |
| 2010s | 20.77 million current LCU | 12.17 million current LCU | 33.85 million current LCU | 10 |
| 2020s | 24.54 million current LCU | 24.54 million current LCU | 24.54 million current LCU | 1 |
Countries ranked near Marshall Islands, Republic of the
- 148 Tonga 51.31 million current LCU compare
- 149 Palau, Republic of 44.88 million current LCU compare
- 150 Samoa 41.09 million current LCU compare
- 152 Micronesia, Federated States of 6.75 million current LCU compare
- 153 Zimbabwe 1.35 million current LCU compare
More public sector data for Marshall Islands, Republic of the
- 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 subsidies and other transfers in Marshall Islands, Republic of the?
- Subsidies and other transfers in Marshall Islands, Republic of the was 24.54 million current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Marshall Islands, Republic of the?
- The highest recorded value was 33.85 million current LCU in 2018.
- What is the lowest subsidies and other transfers recorded in Marshall Islands, Republic of the?
- The lowest recorded value was 12.17 million current LCU in 2014.
- How does Marshall Islands, Republic of the rank for subsidies and other transfers?
- Marshall Islands, Republic of the ranks 151st out of 153 countries with data for 2020.
- Is subsidies and other transfers rising or falling in Marshall Islands, Republic of the?
- Over the last ten years it is up 70.0%. The long-run trend across the full record is rising.
- Where does this Marshall Islands, Republic of the data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.