Bahamas vs Marshall Islands: Tax revenue
Bahamas
17.3%
in 2024
Marshall Islands
17.2%
in 2020
Bahamas rank
75th
Marshall Islands rank
77th
Tax revenue over time
- Bahamas
- Marshall Islands
How they compare
Bahamas currently reports 17.3% against 17.2% in Marshall Islands, a difference of 0.1%.
The two have swapped places 1 time across 13 shared years of data; in 2008 it was Marshall Islands ahead.
Bahamas ranks 75th and Marshall Islands ranks 77th of 157 countries.
Across the 3 decades both report, Bahamas averaged higher in 1 and Marshall Islands in 2.
Head to head by decade
| Decade | Bahamas | Marshall Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 11.7% | 18.9% | 7.2% | Marshall Islands |
| 2010s | 13.1% | 17.2% | 4.1% | Marshall Islands |
| 2020s | 17.9% | 17.2% | 0.8% | Bahamas |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Bahamas or Marshall Islands?
- Bahamas, at 17.3% against 17.2% in Marshall Islands as of 2024.
- What is the difference in tax revenue between Bahamas and Marshall Islands?
- 0.1%, with Bahamas ahead.
- How many years of comparable data are there for Bahamas and Marshall Islands?
- 13 years are reported by both, from 2008 to 2020.
- How do Bahamas and Marshall Islands rank globally for tax revenue?
- Bahamas ranks 75th and Marshall Islands ranks 77th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.