Marshall Islands Tax Revenue
Tax revenue as % of GDP GC.TAX.TOTL.GD.ZS
Marshall Islands's tax revenue was 17.16% in 2020, ranked 78th globally. This represents a 7.8% decrease from 2019. Data from World Bank, covering 2008–2020.
Overview
Marshall Islands's tax revenue stood at 17.16% in 2020, a decline of +1.45% from 2019. Marshall Islands ranked 78th globally.
Marshall Islands’ tax revenue as a share of GDP stood at 17.16 percent in 2020, placing the nation 78th in the World Bank’s global ranking. The figure reflects a gradual decline from the all‑time peak of 19.33 percent recorded in 2008, with the lowest point of 15.86 percent occurring in 2014, before modestly rebounding in recent years. Over the 13‑year series, the downward trajectory mirrors broader fiscal constraints faced by small island economies, where limited tax bases and vulnerability to external shocks restrict revenue growth. By comparison, peers such as Nicaragua (17.01 percent) and Poland (17.29 percent) recorded similar ratios in 2020, underscoring that Marshall Islands’ fiscal performance is comparable to both developing and advanced economies despite its size. Continued diversification of the tax base, improvements in collection efficiency, and resilience to climate‑related disruptions will be crucial for reversing the modest decline and sustaining a more upward‑sloping revenue trend.
Data & projection
| Year | Tax Revenue | YoY change | Rank |
|---|---|---|---|
| 2020 | 17.16% | −1.45% | #78 |
| 2019 | 18.60% | +0.68% | #86 |
| 2018 | 17.92% | +0.30% | #79 |
| 2017 | 17.62% | +0.26% | #83 |
| 2016 | 17.36% | +0.00% | #84 |
| 2015 | 17.36% | +1.50% | #85 |
| 2014 | 15.86% | −0.63% | #69 |
| 2013 | 16.49% | +0.10% | #71 |
| 2012 | 16.39% | −0.65% | #71 |
| 2011 | 17.04% | −0.68% | #72 |
| 2010 | 17.72% | −0.68% | #79 |
| 2009 | 18.40% | −0.93% | #79 |
| 2008 | 19.33% | – | #70 |
Analysis
Marshall Islands's tax revenue was 17.16% in 2020, a decline of −1.45% from 2019.
Frequently Asked Questions
Marshall Islands's tax revenue was 17.16% in 2020. Ranked 78th globally. This represents a 7.8% decrease from the previous year.
Marshall Islands's tax revenue peaked at 19.33% in 2008.
The lowest tax revenue in Marshall Islands was 15.86% in 2014.
Marshall Islands ranks 78th globally in tax revenue as of 2020.
The World Bank indicator code is GC.TAX.TOTL.GD.ZS. Data sourced from World Bank.
The tax revenue of Marshall Islands in 2020 was 17.16%. This ranks 78th in the world.
Cite this page
@misc{historysaid_marshall-islands_tax-revenue,
title = {Marshall Islands Tax Revenue},
url = {https://historysaid.com/marshall-islands/tax-revenue/},
publisher = {HistorySaid},
year = {2026}
}