Marshall Islands Tax Revenue to GDP

Central government tax revenue as a percentage of GDP.

Tax Revenue to GDP in the Marshall Islands decreased to 17.16 percent of GDP in 2020 from 18.60 percent of GDP in 2019.

17.2%
▼ −1.4 pp2020 · previous 18.6%Annual · percent of GDP · Source: World Bank — World Development Indicators

Marshall Islands Tax Revenue to GDP — History

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Marshall Islands Tax Revenue to GDP — analysis in simple words

Latest reading

Tax Revenue to GDP in the Marshall Islands decreased to 17.16 percent of GDP in 2020 from 18.60 percent of GDP in 2019.

Over the last three years it rose twice and fell once.

Recent trend

A year earlier (2019) it was 18.6%, so the latest figure is 1.4 percentage points lower.

Over the past five years the average was 17.7%, with a range from 17.2% to 18.6%. The latest value is below that five-year average.

Historical context

This data series starts in 2008 and has 13 annual observations. The latest reading is higher than 31% of all of them.

The highest value on record is 19.3% (2008) and the lowest is 15.9% (2014). The long-run average is 17.5%.

Compared with other countries

Among 142 economies with recent data, Marshall Islands ranks 71st from the top. The median across all these economies is 17.0%, so Marshall Islands is above the typical country.

Within East Asia & Pacific (25 economies with data) it ranks 12th; the regional median is 16.9%.

Statistics

Latest
17.2%2020
Previous
18.6%
5-year average
17.7%
Long-run average
17.5%since 2008
All-time high
19.3%2008
All-time low
15.9%2014
Observations
13Annual

Recent Data

PeriodValueChange
202017.2%▼ −1.4 pp
201918.6%▲ +0.7 pp
201817.9%▲ +0.3 pp
201717.6%▲ +0.3 pp
201617.4%▲ +0.0 pp
201517.4%▲ +1.5 pp
201415.9%▼ −0.6 pp
201316.5%▲ +0.1 pp
201216.4%▼ −0.7 pp
201117.0%▼ −0.7 pp
201017.7%▼ −0.7 pp
200918.4%▼ −0.9 pp
200819.3%

Tax Revenue to GDP — Marshall Islands vs Peers

Latest available reading for each economy (periods may differ). Marshall Islands highlighted.

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More Marshall Islands indicators

Understanding Tax Revenue to GDP — a simple guide

What it measures

Central government tax revenue as a percentage of GDP.

How it is calculated

Central government tax collections ÷ GDP × 100.

Simple example

12% means central taxes equal 12% of GDP.

▲ When it is high or rising

Strong tax collection capacity.

▼ When it is low or falling

Weaker collection or a large informal economy.

Why it matters for the economy and markets

The tax-to-GDP ratio indicates fiscal capacity and the efficiency of tax collection.

How to read it

It excludes state/local taxes in federal countries, so it can understate total taxation.

Data source

World Bank — World Development Indicators (series GC.TAX.TOTL.GD.ZS), annual data from 2008 to 2020. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current tax revenue to gdp of Marshall Islands?
Marshall Islands tax revenue to gdp was 17.2% in 2020, compared with 18.6% in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest tax revenue to gdp of Marshall Islands?
Since 2008, the highest reading was 19.3% (2008) and the lowest was 15.9% (2014).
What does tax revenue to gdp measure?
Central government tax revenue as a percentage of GDP.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.