Marshall Islands's adjusted savings, education expenditure (current US$) was US$37.41 million in 2021, the latest year in the World Bank's World Development Indicators. That is up 83.67% from US$20.37 million in 2011 (6.27% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$37.41 million | 2021 |
| Five years earlier | US$30.02 million | 2016 |
| Ten years earlier | US$20.37 million | 2011 |
| Highest | US$37.45 million | 2020 |
| Lowest | US$8.8 million | 1996 |
| Average since 2012 | US$30.42 million | 2012–2021 |
| First recorded | US$9.95 million |
What the numbers say
In 2021, Marshall Islands' adjusted savings, education expenditure (current US$) fell 0.1% on 2020 (from US$37.45 million to US$37.41 million).
Across the 25 yearly changes before that (1996 to 2020), the average change was +5.5% and a typical year strayed about 4.6% from that (the standard deviation). This year's change was 1.2 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 11.4% in 2015 and the biggest yearly fall was 11.5% in 1996. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 the straight-line trend is upward, about US$1.96 million a year. A straight line explains 98% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about US$44.78 million for 2024. We show this only because the same method, fitted on earlier years, predicted 2019 to 2021 better than "no change" would have: its average miss was US$1.15 million, against US$3.31 million for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2021, Marshall Islands had the 168th highest value of the 179 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Marshall Islands in the 2021 ranking
- Gambia, The — 165th of 179: US$52.86 million
- St. Vincent and the Grenadines — 166th of 179: US$46.53 million
- Grenada — 167th of 179: US$39.63 million
- Samoa — 169th of 179: US$35.13 million
- Comoros — 170th of 179: US$32.98 million
- Antigua and Barbuda — 171st of 179: US$32.73 million
What this measures
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 27 values
| Year | Adjusted savings, education expenditure (current US$) |
|---|---|
| 2021 | 37,412,229 |
| 2020 | 37,447,896 |
| 2019 | 36,554,537 |
| 2018 | 33,825,214 |
| 2017 | 31,969,878 |
| 2016 | 30,023,811 |
| 2015 | 27,622,451 |
| 2014 | 24,787,329 |
| 2013 | 23,320,144 |
| 2012 | 21,224,334 |
Adjusted savings, education expenditure (current US$) in nearby economies
- Australia — US$76.93 billion (2021)
- Brunei Darussalam — US$562.46 million (2021)
- Cambodia — US$450.78 million (2021)
- China — US$314.55 billion (2021)
- Fiji — US$160.02 million (2021)
- Hong Kong SAR, China — US$11.19 billion (2021)
- Indonesia — US$37.71 billion (2021)
- Japan — US$135.88 billion (2021)
- Kiribati — US$22.94 million (2021)
More economic policy & debt data for Marshall Islands
- GDP (current US$) — US$308 million (2025)
- GDP (current LCU) — 308 million (2025)
- GDP (constant 2015 US$) — US$224 million (2025)
- GDP (constant LCU) — 224 million (2025)
- GDP per capita (current US$) — US$8,489 (2025)
- GDP per capita (current LCU) — 8,489 (2025)
- GDP per capita (constant 2015 US$) — US$6,174 (2025)
- GDP per capita (constant LCU) — 6,174 (2025)
- GNI (current US$) — US$364 million (2025)
- GNI (current LCU) — 364 million (2025)
- GNI per capita (current LCU)
Reading data like this
Questions people ask
- What is Marshall Islands's adjusted savings, education expenditure (current US$)?
- US$37.41 million in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1995?
Source
World Bank, World Development Indicators, indicator NY.ADJ.AEDU.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Statistical Yearbook, United Nations (UN), publisher: UN Statistics Division; Online database, UN Educational, Scientific and Cultural Organization (UNESCO), publisher: UNESCO Institute for Statistics (UIS) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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