Marshall Islands Tax Burden (% of GDP) 2020: 17.16 %
Marshall Islands's tax burden (% of gdp) in 2020 is 17.16 %, down 7.8% from 2019. It ranks #60 of 137 countries.
Tax Burden measures the proportion of GDP collected by governments as taxes, influencing economic freedom.
Source (2020): Tax revenue (% of GDP) | Data
Tax Burden (% of GDP) over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2020 | 17.16 % | 1.45 % | -7.77% | |
| 2019 | 18.6 % | +0.68 % | +3.81% | |
| 2018 | 17.92 % | +0.3 % | +1.68% | |
| 2017 | 17.62 % | +0.26 % | +1.52% | |
| 2016 | 17.36 % | +0 % | +0.00% | |
| 2015 | 17.36 % | +1.5 % | +9.47% | |
| 2014 | 15.86 % | 0.63 % | -3.83% | |
| 2013 | 16.49 % | +0.1 % | +0.62% | |
| 2012 | 16.39 % | 0.65 % | -3.83% | |
| 2011 | 17.04 % | 0.68 % | -3.86% | |
| 2010 | 17.72 % | 0.68 % | -3.70% | |
| 2009 | 18.4 % | 0.93 % | -4.81% | |
| 2008 | 19.33 % | — | — |
Frequently Asked Questions About Marshall Islands Tax Burden (% of GDP)
What is Marshall Islands's tax burden (% of gdp) in 2020?▾
Marshall Islands's tax burden (% of gdp) is 17.16 % in 2020, according to Tax revenue (% of GDP), World Bank (WB).
Is Marshall Islands's tax burden (% of gdp) increasing or decreasing?▾
Marshall Islands's tax burden (% of gdp) fell by 7.8% from 2019 (18.60 %) to 2020 (17.16 %). Over the past decade (2010–2020) it fell by 3.2%.
How does Marshall Islands rank for tax burden (% of gdp)?▾
In 2020, Marshall Islands has the 60th highest tax burden (% of gdp) out of 137 countries with data.
What was Marshall Islands's tax burden (% of gdp) in 2008?▾
In 2008, Marshall Islands's tax burden (% of gdp) was 19.33 %. By 2020 it fell by 11.3%.
Explore additional statistical insights
Currently married (Percent) in Marshall Islands
The percentage of currently married individuals by country highlights societal trends in family structure and relationships. Understanding these statistics can provide insights into cultural norms and demographic shifts, influencing policies and social programs.
Gross Domestic Product (GDP) by Country in Current US Dollars in Marshall Islands
Discover the Gross Domestic Product (GDP) by country in current US dollars, a key indicator of economic performance. This statistic reveals the financial health and growth potential of nations, making it essential for investors and policymakers.
Human Capital Index in Marshall Islands
The Human Capital Index measures a country's investment in education and health, reflecting its potential for economic growth and productivity. This vital statistic highlights the importance of nurturing human resources for sustainable development.
Life expectancy at birth in Marshall Islands
Life expectancy at birth measures the average years a newborn is expected to live, reflecting a country's health standards and quality of life. This vital statistic highlights disparities in healthcare and living conditions across nations, making it essential for global health assessments.
Median age of population in Marshall Islands
The median age of a population is a key demographic indicator, reflecting the age distribution within a country. Understanding median age helps assess economic development, healthcare needs, and social dynamics. Countries with a higher median age may face challenges related to aging populations, while younger populations often indicate growth potential.
Percentage of land area by degree of urbanization in Marshall Islands
Explore the percentage of land area by degree of urbanization, highlighting how urban development shapes countries' landscapes and influences economic growth. Understanding this statistic reveals the balance between urban and rural spaces, essential for sustainable planning.