Use of goods and services, Ratio of this level of government's in Marshall Islands
Marshall Islands: Use of goods and services, Ratio of this level of government's was 0.8418 in 2018. ▼ Falling
Use of goods and services, Ratio of this level of government's in Marshall Islands, 2008–2018
Source: International Monetary Fund.
Analysis
Marshall Islands recorded 0.8418 for use of goods and services, ratio of this level of government's in 2018.
Compared with earlier readings it is down 1.2% on the previous year and down 5.4% over ten years.
Over the whole period, use of goods and services, ratio of this level of government's in Marshall Islands peaked at 0.9066 in 2010 and was at its lowest, 0.8365, in 2016.
That places Marshall Islands 14th out of 79 countries with data for 2018, putting it in the top quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Use of goods and services, Ratio of this level of government's in Marshall Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 0.8894 | — |
| 2009 | 0.8703 | -2.1% |
| 2010 | 0.9066 | +4.2% |
| 2011 | 0.893 | -1.5% |
| 2012 | 0.9023 | +1.0% |
| 2013 | 0.8768 | -2.8% |
| 2014 | 0.8572 | -2.2% |
| 2015 | 0.8464 | -1.3% |
| 2016 | 0.8365 | -1.2% |
| 2017 | 0.8524 | +1.9% |
| 2018 | 0.8418 | -1.2% |
Marshall Islands compared with similar countries
- Marshall Islands's 0.8418 is above the median for upper middle income countries, which is 0.6549, 1.3× the median. (27 countries reporting)
- Marshall Islands's 0.8418 is above the median for East Asia & Pacific, which is 0.7007, 1.2× the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8799 | 0.8703 | 0.8894 | 2 |
| 2010s | 0.8681 | 0.8365 | 0.9066 | 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 use of goods and services, ratio of this level of government's in Marshall Islands?
- Use of goods and services, ratio of this level of government's in Marshall Islands was 0.8418 in 2018, according to International Monetary Fund.
- What is the highest use of goods and services, ratio of this level of government's recorded in Marshall Islands?
- The highest recorded value was 0.9066 in 2010.
- What is the lowest use of goods and services, ratio of this level of government's recorded in Marshall Islands?
- The lowest recorded value was 0.8365 in 2016.
- How does Marshall Islands rank for use of goods and services, ratio of this level of government's?
- Marshall Islands ranks 14th out of 79 countries with data for 2018.
- Is use of goods and services, ratio of this level of government's rising or falling in Marshall Islands?
- Over the last ten years it is down 5.4%. 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 Use of goods and services, Ratio of this level of government's expenditure on this item to total general government expenditure on this, 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.