Marshall Islands vs Philippines: Taxes on income, profits and capital gains
Marshall Islands
39.9%
in 2020
Philippines
40.3%
in 2024
Marshall Islands rank
63rd
Philippines rank
61st
Taxes on income, profits and capital gains over time
- Marshall Islands
- Philippines
How they compare
Philippines currently reports 40.3% against 39.9% in Marshall Islands, a difference of 0.4%.
Across all 13 years both countries report, Philippines has been ahead every year.
Marshall Islands ranks 63rd and Philippines ranks 61st of 153 countries.
Philippines has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Marshall Islands | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 39.5% | 45.2% | 5.7% | Philippines |
| 2010s | 38.3% | 45.2% | 7.0% | Philippines |
| 2020s | 39.9% | 41.7% | 1.8% | Philippines |
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 Philippines?
- Philippines, at 40.3% against 39.9% in Marshall Islands as of 2024.
- What is the difference in taxes on income, profits and capital gains between Marshall Islands and Philippines?
- 0.4%, with Philippines ahead.
- How many years of comparable data are there for Marshall Islands and Philippines?
- 13 years are reported by both, from 2008 to 2020.
- How do Marshall Islands and Philippines rank globally for taxes on income, profits and capital gains?
- Marshall Islands ranks 63rd and Philippines ranks 61st 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 total taxes). 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 total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.