Revenue from corporate income taxes as a share of GDP in Marshall Islands
Marshall Islands: Revenue from corporate income taxes as a share of GDP was 3.3% in 2006. ▲ Rising
Revenue from corporate income taxes as a share of GDP in Marshall Islands, 1986–2006
Source: International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for revenue from corporate income taxes as a share of gdp in Marshall Islands is 3.3%, measured in 2006.
Compared with earlier readings it is up 17.2% on the previous year and down 7.1% over ten years.
Over the whole period, revenue from corporate income taxes as a share of gdp in Marshall Islands peaked at 3.5% in 1996 and was at its lowest, 0.6%, in 1990.
That places Marshall Islands 57th out of 163 countries with data for 2006, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Revenue from corporate income taxes as a share of GDP in Marshall Islands, year by year
| Year | % | Change |
|---|---|---|
| 1986 | 2.9% | — |
| 1987 | 1.6% | -44.4% |
| 1988 | 1.3% | -20.1% |
| 1989 | 1.2% | -2.7% |
| 1990 | 0.6% | -48.0% |
| 1992 | 2.4% | +277.1% |
| 1993 | 3.1% | +29.5% |
| 1994 | 3.0% | -5.4% |
| 1995 | 2.6% | -12.8% |
| 1996 | 3.5% | +36.0% |
| 1997 | 2.7% | -23.6% |
| 1998 | 2.5% | -8.6% |
| 2000 | 2.9% | +16.4% |
| 2001 | 3.2% | +13.7% |
| 2002 | 2.8% | -15.1% |
| 2003 | 2.6% | -4.4% |
| 2004 | 3.0% | +14.1% |
| 2005 | 2.8% | -7.4% |
| 2006 | 3.3% | +17.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.7% | 1.2% | 2.9% | 4 |
| 1990s | 2.5% | 0.6% | 3.5% | 8 |
| 2000s | 2.9% | 2.6% | 3.3% | 7 |
Countries ranked near Marshall Islands
More economy & growth data for Marshall Islands
- 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)
- Households and NPISHs Final consumption expenditure (current LCU) 5.78 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.6948 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 5,274 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) -1.58 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5356 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 4,066 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 4.54 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 1.24 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is revenue from corporate income taxes as a share of gdp in Marshall Islands?
- Revenue from corporate income taxes as a share of gdp in Marshall Islands was 3.3% in 2006, according to International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data.
- What is the highest revenue from corporate income taxes as a share of gdp recorded in Marshall Islands?
- The highest recorded value was 3.5% in 1996.
- What is the lowest revenue from corporate income taxes as a share of gdp recorded in Marshall Islands?
- The lowest recorded value was 0.6% in 1990.
- How does Marshall Islands rank for revenue from corporate income taxes as a share of gdp?
- Marshall Islands ranks 57th out of 163 countries with data for 2006.
- Is revenue from corporate income taxes as a share of gdp rising or falling in Marshall Islands?
- Over the last ten years it is down 7.1%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data, published as part of Revenue from corporate income taxes as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Corporate income taxes include natural resources taxes.