Global Revenue Statistics - Comparative tax revenues in Marshall Islands
Marshall Islands: Global Revenue Statistics - Comparative tax revenues was 30.49 Percentage of GDP in 2024. ▲ Rising
Global Revenue Statistics - Comparative tax revenues in Marshall Islands, 2004–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Marshall Islands recorded 30.49 Percentage of GDP for global revenue statistics - comparative tax revenues in 2024. That is the highest value across all 21 years on record.
That represents a change of up 18.2% on the previous year and up 24.7% over ten years.
Over the whole period, global revenue statistics - comparative tax revenues in Marshall Islands peaked at 30.49 Percentage of GDP in 2024 and was at its lowest, 16.73 Percentage of GDP, in 2004.
That places Marshall Islands 38th out of 135 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Global Revenue Statistics - Comparative tax revenues in Marshall Islands, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2004 | 16.73 Percentage of GDP | — |
| 2005 | 17.86 Percentage of GDP | +6.8% |
| 2006 | 17.88 Percentage of GDP | +0.2% |
| 2007 | 18.36 Percentage of GDP | +2.7% |
| 2008 | 30.14 Percentage of GDP | +64.1% |
| 2009 | 28.67 Percentage of GDP | -4.9% |
| 2010 | 28.28 Percentage of GDP | -1.3% |
| 2011 | 26.88 Percentage of GDP | -4.9% |
| 2012 | 24.94 Percentage of GDP | -7.2% |
| 2013 | 25.5 Percentage of GDP | +2.3% |
| 2014 | 24.45 Percentage of GDP | -4.1% |
| 2015 | 25.81 Percentage of GDP | +5.5% |
| 2016 | 25.14 Percentage of GDP | -2.6% |
| 2017 | 26.42 Percentage of GDP | +5.1% |
| 2018 | 26.91 Percentage of GDP | +1.9% |
| 2019 | 26.6 Percentage of GDP | -1.1% |
| 2020 | 26.4 Percentage of GDP | -0.8% |
| 2021 | 25.62 Percentage of GDP | -2.9% |
| 2022 | 26.11 Percentage of GDP | +1.9% |
| 2023 | 25.8 Percentage of GDP | -1.2% |
| 2024 | 30.49 Percentage of GDP | +18.2% |
Marshall Islands compared with similar countries
- Marshall Islands's 30.49 Percentage of GDP is above the median for upper middle income countries, which is 21.28 Percentage of GDP, 1.4× the median. (39 countries reporting)
- Marshall Islands's 30.49 Percentage of GDP is above the median for East Asia & Pacific, which is 17.97 Percentage of GDP, 1.7× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Global Revenue Statistics - Comparative tax revenues in Marshall Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +64.1% | 18.36 Percentage of GDP | 30.14 Percentage of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.61 Percentage of GDP | 16.73 Percentage of GDP | 30.14 Percentage of GDP | 6 |
| 2010s | 26.09 Percentage of GDP | 24.45 Percentage of GDP | 28.28 Percentage of GDP | 10 |
| 2020s | 26.88 Percentage of GDP | 25.62 Percentage of GDP | 30.49 Percentage of GDP | 5 |
Countries ranked near Marshall Islands
More economy & growth data for Marshall Islands
- Real gdp growth, annual growth rate 157.02 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.97 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0342 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 290.63 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0384 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.025 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 212.21 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is global revenue statistics - comparative tax revenues in Marshall Islands?
- Global revenue statistics - comparative tax revenues in Marshall Islands was 30.49 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest global revenue statistics - comparative tax revenues recorded in Marshall Islands?
- The highest recorded value was 30.49 Percentage of GDP in 2024.
- What is the lowest global revenue statistics - comparative tax revenues recorded in Marshall Islands?
- The lowest recorded value was 16.73 Percentage of GDP in 2004.
- How does Marshall Islands rank for global revenue statistics - comparative tax revenues?
- Marshall Islands ranks 38th out of 135 countries with data for 2024.
- Is global revenue statistics - comparative tax revenues rising or falling in Marshall Islands?
- Over the last ten years it is up 24.7%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Global Revenue Statistics - Comparative tax revenues. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
Internationally comparable tax revenue data from countries included in Global Revenue Statistics, presented as a percentage of GDP and as a share of total tax revenue, as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax.