Marshall Islands's grants, excluding technical cooperation (BoP, current US$) was US$124.64 million in 2023, the latest year in the World Bank's World Development Indicators. That is up 41.39% from US$88.16 million in 2013 (3.52% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$124.64 million | 2023 |
| Five years earlier | US$53.68 million | 2018 |
| Ten years earlier | US$88.16 million | 2013 |
| Highest | US$179.51 million | 2020 |
| Lowest | US$0 | 1991 |
| Average since 2014 | US$85.26 million | 2014–2023 |
| First recorded | US$0 |
What the numbers say
In 2023, Marshall Islands' grants, excluding technical cooperation (BoP, current US$) fell US$11.03 million on 2022 (from US$135.67 million to US$124.64 million).
Across the 30 yearly changes before that (1993 to 2022), the average change was +US$4.41 million and a typical year strayed about US$33.48 million from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was US$113.27 million in 2020 and the biggest yearly fall was US$71.97 million in 2021. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 the straight-line trend is upward, about US$12.27 million a year. A straight line explains 55% 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.
How it compares
In 2023, Marshall Islands had the 97th highest value of the 136 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 2023 ranking
- Guinea-Bissau — 94th of 136: US$141.49 million
- Cuba — 95th of 136: US$139.62 million
- Argentina — 96th of 136: US$125.27 million
- Eritrea — 98th of 136: US$122.44 million
- Micronesia, Fed. Sts. — 99th of 136: US$122.39 million
- Tonga — 100th of 136: US$121.36 million
What this measures
Grants are transfers made in cash, goods or services for which no repayment is required. For ODA reporting purposes, they also include forgiveness of non-military debt, support to non-governmental organisations, certain interest subsidies, and certain costs incurred in the implementation of aid. Grants to multilateral agencies intended to soften the terms of the latter’s lending are a direct resource outflow and should also be recorded as ODA grants. For OOF reporting purposes, grants for commercial purposes such as subsidies to national private investors, and grants to forgive military debt, are also included. Grant-like flows are assimilated to grants. They comprise a) loans for which the service payments are to be made into an account in the borrowing country and used in the borrowing country for its own benefit, and b) provision of commodities for sale in the recipient’s currency the proceeds of which are used in the recipient country for its own benefit. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 33 values
| Year | Grants, excluding technical cooperation (BoP, current US$) |
|---|---|
| 2023 | 124,644,146 |
| 2022 | 135,672,455 |
| 2021 | 107,540,997 |
| 2020 | 179,508,616 |
| 2019 | 66,236,232 |
| 2018 | 53,680,666 |
| 2017 | 61,394,367 |
| 2016 | 12,467,151 |
| 2015 | 56,745,768 |
| 2014 | 54,733,004 |
Grants, excluding technical cooperation (BoP, current US$) in nearby economies
- Cambodia — US$437.72 million (2023)
- China — US$103.42 million (2023)
- Fiji — US$170.87 million (2023)
- Indonesia — US$957.67 million (2023)
- Kiribati — US$96.28 million (2023)
- Korea, Dem. People's Rep. — US$13.32 million (2023)
- Lao PDR — US$347.91 million (2023)
- Malaysia — US$39.28 million (2023)
- Micronesia, Fed. Sts. — US$122.39 million (2023)
More economic policy & debt data for Marshall Islands
- GDP (current US$) — 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$364 million (2025)
- GNI (current LCU) — 364 million (2025)
- GNI per capita (current LCU)
Reading data like this
Questions people ask
- What is Marshall Islands's grants, excluding technical cooperation (BoP, current US$)?
- US$124.64 million in 2023, according to the World Bank (World Development Indicators).
- How does Marshall Islands rank?
- 97th highest of 136 economies with data for 2023.
- Is the latest change in grants, excluding technical cooperation (BoP, current US$) unusual for Marshall Islands?
- In 2023, Marshall Islands' grants, excluding technical cooperation (BoP, current US$) fell US$11.03 million on 2022 (from US$135.67 million to US$124.64 million). Across the 30 yearly changes before that (1993 to 2022), the average change was +US$4.41 million and a typical year strayed about US$33.48 million from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator BX.GRT.EXTA.CD.WD, licensed CC BY 4.0. Original source: DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD), uri: DSD_DAC2@DF_DAC2A, note: Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows, Developm… 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.
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