Taxes less subsidies on products (current US$), per capita (capita US) in Marshall Islands
Marshall Islands: Taxes less subsidies on products (current US$), per capita (capita US) was 321 current US$ per person in 2024. ▼ Falling
Taxes less subsidies on products (current US$), per capita in Marshall Islands, 1997–2024
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
Marshall Islands recorded 321 current US$ per person for taxes less subsidies on products (current us$), per capita in 2024. That is the highest value across all 28 years on record.
Compared with earlier readings it is up 24.8% on the previous year and up 55.2% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per capita in Marshall Islands peaked at 321 current US$ per person in 2024 and was at its lowest, 76.17 current US$ per person, in 2020.
Marshall Islands ranks 122nd of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 28 years of available data.
Taxes less subsidies on products (current US$), per capita (capita US) in Marshall Islands, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1997 | 298.31 current US$ per person | — |
| 1998 | 266.27 current US$ per person | -10.7% |
| 1999 | 287.87 current US$ per person | +8.1% |
| 2000 | 204.35 current US$ per person | -29.0% |
| 2001 | 300.22 current US$ per person | +46.9% |
| 2002 | 241.61 current US$ per person | -19.5% |
| 2003 | 237.31 current US$ per person | -1.8% |
| 2004 | 206.98 current US$ per person | -12.8% |
| 2005 | 256.63 current US$ per person | +24.0% |
| 2006 | 228.83 current US$ per person | -10.8% |
| 2007 | 202.01 current US$ per person | -11.7% |
| 2008 | 160.51 current US$ per person | -20.5% |
| 2009 | 117.08 current US$ per person | -27.1% |
| 2010 | 191.12 current US$ per person | +63.2% |
| 2011 | 201.73 current US$ per person | +5.5% |
| 2012 | 148.43 current US$ per person | -26.4% |
| 2013 | 192.97 current US$ per person | +30.0% |
| 2014 | 206.8 current US$ per person | +7.2% |
| 2015 | 142.5 current US$ per person | -31.1% |
| 2016 | 145.43 current US$ per person | +2.1% |
| 2017 | 144.73 current US$ per person | -0.5% |
| 2018 | 168.75 current US$ per person | +16.6% |
| 2019 | 91.84 current US$ per person | -45.6% |
| 2020 | 76.17 current US$ per person | -17.1% |
| 2021 | 187.18 current US$ per person | +145.7% |
| 2022 | 259.1 current US$ per person | +38.4% |
| 2023 | 257.12 current US$ per person | -0.8% |
| 2024 | 321 current US$ per person | +24.8% |
Marshall Islands compared with similar countries
- Marshall Islands's 321 current US$ per person is below the median for upper middle income countries, which is 838.01 current US$ per person, 38% of the median. (55 countries reporting)
- Marshall Islands's 321 current US$ per person is below the median for East Asia & Pacific, which is 404.23 current US$ per person, 79% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 284.15 current US$ per person | 266.27 current US$ per person | 298.31 current US$ per person | 3 |
| 2000s | 215.55 current US$ per person | 117.08 current US$ per person | 300.22 current US$ per person | 10 |
| 2010s | 163.43 current US$ per person | 91.84 current US$ per person | 206.8 current US$ per person | 10 |
| 2020s | 220.12 current US$ per person | 76.17 current US$ per person | 321 current US$ per person | 5 |
Countries ranked near Marshall Islands
- 119 Micronesia (country) 391.08 current US$ per person compare
- 120 Nicaragua 351.14 current US$ per person compare
- 121 Honduras 340.04 current US$ per person compare
- 123 Eswatini 311.47 current US$ per person compare
- 124 Gabon 307.22 current US$ per person compare
- 125 Algeria 303.02 current US$ per person 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0202 units per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products (current us$), per capita in Marshall Islands?
- Taxes less subsidies on products (current us$), per capita in Marshall Islands was 321 current US$ per person in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per capita recorded in Marshall Islands?
- The highest recorded value was 321 current US$ per person in 2024.
- What is the lowest taxes less subsidies on products (current us$), per capita recorded in Marshall Islands?
- The lowest recorded value was 76.17 current US$ per person in 2020.
- How does Marshall Islands rank for taxes less subsidies on products (current us$), per capita?
- Marshall Islands ranks 122nd out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current us$), per capita rising or falling in Marshall Islands?
- Over the last ten years it is up 55.2%. The long-run trend across the full record is falling.
- Where does this Marshall Islands data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), per capita. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Taxes less subsidies on products (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ Population, total
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.