Other taxes in Marshall Islands
Marshall Islands: Other taxes was 0.8% in 2020. ▬ Flat
Other taxes in Marshall Islands, 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2020, other taxes in Marshall Islands stood at 0.8%.
Compared with earlier readings it is down 27.1% on the previous year and down 0.9% over ten years.
Over the whole period, other taxes in Marshall Islands peaked at 1.7% in 2011 and was at its lowest, 0.5%, in 2014.
Marshall Islands ranks 78th of 148 countries on this measure, in the middle of the range.
Other taxes in Marshall Islands, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2008 | 0.8% | — |
| 2009 | 0.8% | +2.4% |
| 2010 | 0.8% | -6.6% |
| 2011 | 1.7% | +126.0% |
| 2012 | 1.1% | -37.3% |
| 2013 | 0.9% | -18.0% |
| 2014 | 0.5% | -40.2% |
| 2015 | 1.1% | +104.3% |
| 2016 | 1.0% | -11.0% |
| 2017 | 0.9% | -1.3% |
| 2018 | 1.0% | +8.9% |
| 2019 | 1.0% | +0.1% |
| 2020 | 0.8% | -27.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8% | 0.8% | 0.8% | 2 |
| 2010s | 1.0% | 0.5% | 1.7% | 10 |
| 2020s | 0.8% | 0.8% | 0.8% | 1 |
Countries ranked near Marshall Islands
More public sector data for Marshall Islands
- Tax revenue 17.2% (2020)
- Taxes on income, profits and capital gains 9.7% (2020)
- Taxes on goods and services 8.4% (2020)
- Net investment in nonfinancial assets 8.8% (2020)
- Net lending (+) / net borrowing (-) 5.0% (2020)
- Interest payments 0.4% (2020)
- Grants and other revenue 75.8% (2020)
- Interest payments 0.5% (2020)
- Compensation of employees 35.3% (2020)
- Goods and services expense 25.9% (2020)
Frequently asked questions
- What is other taxes in Marshall Islands?
- Other taxes in Marshall Islands was 0.8% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other taxes recorded in Marshall Islands?
- The highest recorded value was 1.7% in 2011.
- What is the lowest other taxes recorded in Marshall Islands?
- The lowest recorded value was 0.5% in 2014.
- How does Marshall Islands rank for other taxes?
- Marshall Islands ranks 78th out of 148 countries with data for 2020.
- Is other taxes rising or falling in Marshall Islands?
- Over the last ten years it is down 0.9%. The long-run trend across the full record is flat.
- Where does this Marshall Islands data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Other taxes (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes. 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.