Taxes on goods and services gdp in Marshall Islands
Marshall Islands: Taxes on goods and services gdp was 5.94 in 2020. ▲ Rising
Taxes on goods and services gdp in Marshall Islands, 2009–2020
Source: Our World in Data.
Analysis
The most recent figure for taxes on goods and services gdp in Marshall Islands is 5.94, measured in 2020.
Compared with earlier readings it is down 14.5% on the previous year and up 3.9% over ten years.
Over the whole period, taxes on goods and services gdp in Marshall Islands peaked at 6.94 in 2019 and was at its lowest, 5.23, in 2011.
Marshall Islands ranks 117th of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 12 years of available data.
Taxes on goods and services gdp in Marshall Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2009 | 5.7 | — |
| 2010 | 5.71 | +0.3% |
| 2011 | 5.23 | -8.4% |
| 2012 | 5.75 | +9.8% |
| 2013 | 5.65 | -1.8% |
| 2014 | 5.7 | +1.0% |
| 2015 | 6.03 | +5.9% |
| 2016 | 5.89 | -2.3% |
| 2017 | 6.14 | +4.2% |
| 2018 | 6.61 | +7.7% |
| 2019 | 6.94 | +5.1% |
| 2020 | 5.94 | -14.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.7 | 5.7 | 5.7 | 1 |
| 2010s | 5.96 | 5.23 | 6.94 | 10 |
| 2020s | 5.94 | 5.94 | 5.94 | 1 |
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)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0423 current LCU per US$ of GDP (2024)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- External balance on goods and services as a percent of gdp -43.83 (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Gdp worldbank constant usd, per capita 6,174 units per person (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7273 units per US$ of GDP (2025)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per capita 321 current LCU per person (2024)
Frequently asked questions
- What is taxes on goods and services gdp in Marshall Islands?
- Taxes on goods and services gdp in Marshall Islands was 5.94 in 2020, according to Our World in Data.
- What is the highest taxes on goods and services gdp recorded in Marshall Islands?
- The highest recorded value was 6.94 in 2019.
- What is the lowest taxes on goods and services gdp recorded in Marshall Islands?
- The lowest recorded value was 5.23 in 2011.
- How does Marshall Islands rank for taxes on goods and services gdp?
- Marshall Islands ranks 117th out of 186 countries with data for 2020.
- Is taxes on goods and services gdp rising or falling in Marshall Islands?
- Over the last ten years it is up 3.9%. The long-run trend across the full record is rising.
- Where does this Marshall Islands data come from?
- The figures come from Our World in Data, published as part of Taxes on goods and services gdp. Statizoid updates them automatically from the source API.
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