19, Nov 2019, EST.

Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

Country or Region: Marshall Islands › Change country
Economic Indicator: General government total expenditure (% of GDP) › See all Marshall Islands indicators, › See General government total expenditure (% of GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: US Dollar
Currency Symbol: US$

Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account. See notes for: General government total expenditure (National currency).

General government total expenditure (% of GDP) for Marshall Islands in year 2015 is 51.894 %. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

This makes Marshall Islands No. 15 in world rankings according to General government total expenditure (% of GDP) in year 2015. The world's average General government total expenditure (% of GDP) value is 33.88 %; Marshall Islands is 18.01 more than the average.

In the previous year, 2014, General government total expenditure (% of GDP) for Marshall Islands was 53.92 % General government total expenditure (% of GDP) for Marshall Islands in 2015 was or will be 3.76% less than it was or will be in 2014.

In the following or forecasted year, 2016, General government total expenditure (% of GDP) for Marshall Islands was or will be 58.62 %, which is 12.95% more than the 2015 figure.