Revenue Statistics in Asia and the Pacific - Comparative tax and in Marshall Islands
Marshall Islands: Revenue Statistics in Asia and the Pacific - Comparative tax and was 30.49 Percentage of GDP in 2024. ▲ Rising
Revenue Statistics in Asia and the Pacific - Comparative tax and in Marshall Islands, 2004–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for revenue statistics in asia and the pacific - comparative tax and in Marshall Islands is 30.49 Percentage of GDP, measured in 2024. That is the highest value across all 21 years on record.
The figure is up 18.2% on the previous year and up 24.7% over ten years.
Over the whole period, revenue statistics in asia and the pacific - comparative tax and 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 4th out of 35 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 21 years of available data.
Revenue Statistics in Asia and the Pacific - Comparative tax and 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 20.76 Percentage of GDP, 1.5× the median. (16 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 Revenue Statistics in Asia and the Pacific - Comparative tax and 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
- 1 Japan 33.73 Percentage of GDP compare
- 2 New Zealand 32.89 Percentage of GDP compare
- 2 Viet Nam 17.18 Percentage of GDP compare
- 3 Cook Islands 31.11 Percentage of GDP compare
- 3 Timor-Leste 10.02 Percentage of GDP compare
- 5 Australia 29.87 Percentage of GDP compare
- 6 Mongolia 29.5 Percentage of GDP compare
- 7 Niue 28.46 Percentage of GDP compare
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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.36 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 46.01 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0469 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 355.78 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 2.99 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.5453 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 4,139 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 2.99 % change on previous year (2024)
Frequently asked questions
- What is revenue statistics in asia and the pacific - comparative tax and in Marshall Islands?
- Revenue statistics in asia and the pacific - comparative tax and in Marshall Islands was 30.49 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest revenue statistics in asia and the pacific - comparative tax and recorded in Marshall Islands?
- The highest recorded value was 30.49 Percentage of GDP in 2024.
- What is the lowest revenue statistics in asia and the pacific - comparative tax and recorded in Marshall Islands?
- The lowest recorded value was 16.73 Percentage of GDP in 2004.
- How does Marshall Islands rank for revenue statistics in asia and the pacific - comparative tax and?
- Marshall Islands ranks 4th out of 35 countries with data for 2024.
- Is revenue statistics in asia and the pacific - comparative tax and 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 Revenue Statistics in Asia and the Pacific - Comparative tax and non-tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax and non-tax revenue data from Revenue Statistics in Asia and the Pacific economies presented as a percentage of GDP and as a share of total tax or non-tax revenues 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, non-tax revenues, grants, royalties, fines, penalties, administrative fees, resource rents, sales of goods and services.