Iceland vs Marshall Islands: Central government revenues as a share of GDP
Iceland
31.4%
in 2023
Marshall Islands
31.3%
in 2020
Iceland rank
43rd
Marshall Islands rank
44th
Central government revenues as a share of GDP over time
- Iceland
- Marshall Islands
How they compare
Iceland currently reports 31.4% against 31.3% in Marshall Islands, a difference of 0.1%.
The two have swapped places 3 times across 13 shared years of data; in 2008 it was Iceland ahead.
Iceland ranks 43rd and Marshall Islands ranks 44th of 157 countries.
Across the 3 decades both report, Iceland averaged higher in 2 and Marshall Islands in 1.
Head to head by decade
| Decade | Iceland | Marshall Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 37.0% | 21.0% | 16.0% | Iceland |
| 2010s | 34.1% | 26.8% | 7.4% | Iceland |
| 2020s | 28.9% | 31.3% | 2.4% | Marshall Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher central government revenues as a share of gdp, Iceland or Marshall Islands?
- Iceland, at 31.4% against 31.3% in Marshall Islands as of 2023.
- What is the difference in central government revenues as a share of gdp between Iceland and Marshall Islands?
- 0.1%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Marshall Islands?
- 13 years are reported by both, from 2008 to 2020.
- How do Iceland and Marshall Islands rank globally for central government revenues as a share of gdp?
- Iceland ranks 43rd and Marshall Islands ranks 44th of 157 countries.
- Where does this data come from?
- International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data, published as Central government revenues as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales included. Grants excluded.