Marshall Islands vs Micronesia (country): Taxes on income, profits and capital gains
Taxes on income, profits and capital gains over time
- Marshall Islands
- Micronesia (country)
How they compare
Micronesia (country) currently reports 10.9% against 9.7% in Marshall Islands, a difference of 1.2%.
That makes Micronesia (country)'s figure about 1.1 times Marshall Islands's.
The two have swapped places 3 times across 13 shared years of data; in 2008 it was Marshall Islands ahead.
Marshall Islands ranks 133rd and Micronesia (country) ranks 130th of 153 countries.
Across the 3 decades both report, Marshall Islands averaged higher in 1 and Micronesia (country) in 2.
Head to head by decade
| Decade | Marshall Islands | Micronesia (country) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 11.2% | 4.9% | 6.3% | Marshall Islands |
| 2010s | 11.1% | 16.2% | 5.0% | Micronesia (country) |
| 2020s | 9.7% | 10.9% | 1.3% | Micronesia (country) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Marshall Islands or Micronesia (country)?
- Micronesia (country), at 10.9% against 9.7% in Marshall Islands as of 2020.
- What is the difference in taxes on income, profits and capital gains between Marshall Islands and Micronesia (country)?
- 1.2%, with Micronesia (country) ahead.
- How many years of comparable data are there for Marshall Islands and Micronesia (country)?
- 13 years are reported by both, from 2008 to 2020.
- How do Marshall Islands and Micronesia (country) rank globally for taxes on income, profits and capital gains?
- Marshall Islands ranks 133rd and Micronesia (country) ranks 130th of 153 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on income, profits and capital gains (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.