Vertical fiscal imbalance, Percent in Marshall Islands
Marshall Islands: Vertical fiscal imbalance, Percent was 0.4558 in 2018. ▼ Falling
Vertical fiscal imbalance, Percent in Marshall Islands, 2008–2018
Source: International Monetary Fund.
Analysis
In 2018, vertical fiscal imbalance, percent in Marshall Islands stood at 0.4558.
The figure is up 20.2% on the previous year and down 32.0% over ten years.
Over the whole period, vertical fiscal imbalance, percent in Marshall Islands peaked at 0.6748 in 2009 and was at its lowest, 0.3793, in 2017.
Marshall Islands ranks 2nd of 64 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 11 years of available data.
Vertical fiscal imbalance, Percent in Marshall Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 0.6701 | — |
| 2009 | 0.6748 | +0.7% |
| 2010 | 0.6531 | -3.2% |
| 2011 | 0.6313 | -3.3% |
| 2012 | 0.6275 | -0.6% |
| 2013 | 0.5955 | -5.1% |
| 2014 | 0.5199 | -12.7% |
| 2015 | 0.5116 | -1.6% |
| 2016 | 0.4336 | -15.3% |
| 2017 | 0.3793 | -12.5% |
| 2018 | 0.4558 | +20.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6725 | 0.6701 | 0.6748 | 2 |
| 2010s | 0.5342 | 0.3793 | 0.6531 | 9 |
Countries ranked near Marshall Islands
- 1 Afghanistan 0.7255 compare
- 3 Palau 0.3751 compare
- 4 Rwanda 0.3258 compare
- 5 United States 0.3212 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 vertical fiscal imbalance, percent in Marshall Islands?
- Vertical fiscal imbalance, percent in Marshall Islands was 0.4558 in 2018, according to International Monetary Fund.
- What is the highest vertical fiscal imbalance, percent recorded in Marshall Islands?
- The highest recorded value was 0.6748 in 2009.
- What is the lowest vertical fiscal imbalance, percent recorded in Marshall Islands?
- The lowest recorded value was 0.3793 in 2017.
- How does Marshall Islands rank for vertical fiscal imbalance, percent?
- Marshall Islands ranks 2nd out of 64 countries with data for 2018.
- Is vertical fiscal imbalance, percent rising or falling in Marshall Islands?
- Over the last ten years it is down 32.0%. 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 Vertical fiscal imbalance, 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.