Transfer dependency method 1, Ratio of net transfers to own spending in Marshall Islands
Marshall Islands: Transfer dependency method 1, Ratio of net transfers to own spending was 0.4678 in 2018. ▼ Falling
Transfer dependency method 1, Ratio of net transfers to own spending in Marshall Islands, 2008–2018
Source: International Monetary Fund.
Analysis
In 2018, transfer dependency method 1, ratio of net transfers to own spending in Marshall Islands stood at 0.4678.
That represents a change of up 4.1% on the previous year and down 34.0% over ten years.
Over the whole period, transfer dependency method 1, ratio of net transfers to own spending in Marshall Islands peaked at 0.7156 in 2010 and was at its lowest, 0.4492, in 2017.
That places Marshall Islands 2nd out of 64 countries with data for 2018, putting it in the top 10%.
The long-run direction has been consistently falling across the 11 years of available data.
Transfer dependency method 1, Ratio of net transfers to own spending in Marshall Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 0.7083 | — |
| 2009 | 0.6808 | -3.9% |
| 2010 | 0.7156 | +5.1% |
| 2011 | 0.675 | -5.7% |
| 2012 | 0.6157 | -8.8% |
| 2013 | 0.5955 | -3.3% |
| 2014 | 0.6041 | +1.4% |
| 2015 | 0.5639 | -6.6% |
| 2016 | 0.507 | -10.1% |
| 2017 | 0.4492 | -11.4% |
| 2018 | 0.4678 | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6946 | 0.6808 | 0.7083 | 2 |
| 2010s | 0.5771 | 0.4492 | 0.7156 | 9 |
Countries ranked near Marshall Islands
- 1 Afghanistan 0.7329 compare
- 3 Palau 0.3618 compare
- 4 Kiribati 0.192 compare
- 5 United Arab Emirates 0.1632 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 transfer dependency method 1, ratio of net transfers to own spending in Marshall Islands?
- Transfer dependency method 1, ratio of net transfers to own spending in Marshall Islands was 0.4678 in 2018, according to International Monetary Fund.
- What is the highest transfer dependency method 1, ratio of net transfers to own spending recorded in Marshall Islands?
- The highest recorded value was 0.7156 in 2010.
- What is the lowest transfer dependency method 1, ratio of net transfers to own spending recorded in Marshall Islands?
- The lowest recorded value was 0.4492 in 2017.
- How does Marshall Islands rank for transfer dependency method 1, ratio of net transfers to own spending?
- Marshall Islands ranks 2nd out of 64 countries with data for 2018.
- Is transfer dependency method 1, ratio of net transfers to own spending rising or falling in Marshall Islands?
- Over the last ten years it is down 34.0%. The long-run trend across the full record is falling.
- Where does this Marshall Islands data come from?
- The figures come from International Monetary Fund, published as part of Transfer dependency method 1, Ratio of net transfers to own spending, 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.