Tax revenue as a proportion of GDP in Marshall Islands
Marshall Islands: Tax revenue as a proportion of GDP was 17.2% in 2020. ▬ Flat
Latest (2020)
17.2%
Change on year
down 7.8%
World rank
77th
of 164 countries
All-time high
19.3%
in 2008
All-time low
15.9%
in 2014
Years of data
13
2008–2020
Tax revenue as a proportion of GDP in Marshall Islands, 2008–2020
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Marshall Islands recorded 17.2% for tax revenue as a proportion of gdp in 2020.
That represents a change of down 7.8% on the previous year and down 3.2% over ten years.
Over the whole period, tax revenue as a proportion of gdp in Marshall Islands peaked at 19.3% in 2008 and was at its lowest, 15.9%, in 2014.
That places Marshall Islands 77th out of 164 countries with data for 2020, putting it in the middle of the range.
Tax revenue as a proportion of GDP in Marshall Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 19.3% | — |
| 2009 | 18.4% | -4.8% |
| 2010 | 17.7% | -3.7% |
| 2011 | 17.0% | -3.9% |
| 2012 | 16.4% | -3.8% |
| 2013 | 16.5% | +0.6% |
| 2014 | 15.9% | -3.8% |
| 2015 | 17.4% | +9.5% |
| 2016 | 17.4% | +0.0% |
| 2017 | 17.6% | +1.5% |
| 2018 | 17.9% | +1.7% |
| 2019 | 18.6% | +3.8% |
| 2020 | 17.2% | -7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.9% | 18.4% | 19.3% | 2 |
| 2010s | 17.2% | 15.9% | 18.6% | 10 |
| 2020s | 17.2% | 17.2% | 17.2% | 1 |
Countries ranked near Marshall Islands
- 75 Vanuatu 17.6% compare
- 76 San Marino 17.3% compare
- 78 Jordan 17.0% compare
- 79 Bolivia (Plurinational State of) 17.0%
- 80 Mongolia 16.9% 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 tax revenue as a proportion of gdp in Marshall Islands?
- Tax revenue as a proportion of gdp in Marshall Islands was 17.2% in 2020, according to United Nations Statistics Division, SDG Global Database.
- What is the highest tax revenue as a proportion of gdp recorded in Marshall Islands?
- The highest recorded value was 19.3% in 2008.
- What is the lowest tax revenue as a proportion of gdp recorded in Marshall Islands?
- The lowest recorded value was 15.9% in 2014.
- How does Marshall Islands rank for tax revenue as a proportion of gdp?
- Marshall Islands ranks 77th out of 164 countries with data for 2020.
- Is tax revenue as a proportion of gdp rising or falling in Marshall Islands?
- Over the last ten years it is down 3.2%. The long-run trend across the full record is flat.
- Where does this Marshall Islands data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Tax revenue as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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