Share of central government spending funded by taxes in Marshall Islands
Marshall Islands: Share of central government spending funded by taxes was 26.1% in 2020. ▲ Rising
Share of central government spending funded by taxes in Marshall Islands, 2008–2020
Source: International Monetary Fund – with minor processing by Our World in Data. Measured in %.
Analysis
In 2020, share of central government spending funded by taxes in Marshall Islands stood at 26.1%.
The figure is down 8.2% on the previous year and up 19.3% over ten years.
Over the whole period, share of central government spending funded by taxes in Marshall Islands peaked at 28.4% in 2019 and was at its lowest, 21.5%, in 2009.
That places Marshall Islands 163rd out of 174 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 13 years of available data.
Share of central government spending funded by taxes in Marshall Islands, year by year
| Year | % | Change |
|---|---|---|
| 2008 | 22.5% | — |
| 2009 | 21.5% | -4.6% |
| 2010 | 21.9% | +1.9% |
| 2011 | 22.1% | +1.3% |
| 2012 | 21.9% | -1.1% |
| 2013 | 21.5% | -1.7% |
| 2014 | 22.1% | +2.5% |
| 2015 | 21.6% | -2.3% |
| 2016 | 22.2% | +2.9% |
| 2017 | 21.6% | -2.9% |
| 2018 | 22.1% | +2.5% |
| 2019 | 28.4% | +28.5% |
| 2020 | 26.1% | -8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.0% | 21.5% | 22.5% | 2 |
| 2010s | 22.5% | 21.5% | 28.4% | 10 |
| 2020s | 26.1% | 26.1% | 26.1% | 1 |
Countries ranked near Marshall Islands
- 160 Myanmar 32.4% compare
- 161 Ukraine 32.1% compare
- 162 Palau 30.7% compare
- 164 Montserrat 25.3% compare
- 165 Saudi Arabia 24.5% compare
- 166 Micronesia, Federated States of 23.4% 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)
- Final consumption expenditure (constant 2015 US$), per capita 7,204 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 6.33 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1.45 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 11,016 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 6.33 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 1.45 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 11,016 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate -0.2137 % change on previous year (2024)
Frequently asked questions
- What is share of central government spending funded by taxes in Marshall Islands?
- Share of central government spending funded by taxes in Marshall Islands was 26.1% in 2020, according to International Monetary Fund – with minor processing by Our World in Data.
- What is the highest share of central government spending funded by taxes recorded in Marshall Islands?
- The highest recorded value was 28.4% in 2019.
- What is the lowest share of central government spending funded by taxes recorded in Marshall Islands?
- The lowest recorded value was 21.5% in 2009.
- How does Marshall Islands rank for share of central government spending funded by taxes?
- Marshall Islands ranks 163rd out of 174 countries with data for 2020.
- Is share of central government spending funded by taxes rising or falling in Marshall Islands?
- Over the last ten years it is up 19.3%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from International Monetary Fund – with minor processing by Our World in Data, published as part of Share of central government spending funded by taxes. Statizoid updates them automatically from the source API.
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About this data
Spending refers to the budgetary central government which includes the core institutions of the national government. Funds only include taxes; Fines, penalties, and most social security contributions are excluded.