Tax revenue (current LCU), annual growth rate in Marshall Islands
Marshall Islands: Tax revenue (current LCU), annual growth rate was -4.25 % change on previous year in 2020. ◆ Volatile
Tax revenue (current LCU), annual growth rate in Marshall Islands, 2009–2020
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for tax revenue (current lcu), annual growth rate in Marshall Islands is -4.25 % change on previous year, measured in 2020. That is the lowest value across all 12 years on record.
That represents a change of down 142.9% on the previous year and down 262.7% over ten years.
Over the whole period, tax revenue (current lcu), annual growth rate in Marshall Islands peaked at 9.9 % change on previous year in 2019 and was at its lowest, -4.25 % change on previous year, in 2020.
Marshall Islands ranks 140th of 156 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenue (current LCU), annual growth rate in Marshall Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2009 | -1.83 % change on previous year | — |
| 2010 | 2.61 % change on previous year | -242.9% |
| 2011 | 2.83 % change on previous year | +8.2% |
| 2012 | 0.8628 % change on previous year | -69.5% |
| 2013 | 3.79 % change on previous year | +339.6% |
| 2014 | -4.03 % change on previous year | -206.3% |
| 2015 | 8.11 % change on previous year | -301.1% |
| 2016 | 9.86 % change on previous year | +21.5% |
| 2017 | 7.5 % change on previous year | -23.9% |
| 2018 | 4.68 % change on previous year | -37.6% |
| 2019 | 9.9 % change on previous year | +111.5% |
| 2020 | -4.25 % change on previous year | -142.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.83 % change on previous year | -1.83 % change on previous year | -1.83 % change on previous year | 1 |
| 2010s | 4.61 % change on previous year | -4.03 % change on previous year | 9.9 % change on previous year | 10 |
| 2020s | -4.25 % change on previous year | -4.25 % change on previous year | -4.25 % change on previous year | 1 |
Countries ranked near Marshall Islands
- 137 Mali -3.01 % change on previous year compare
- 138 Republic of Korea -3.34 % change on previous year compare
- 139 Cambodia -4.24 % change on previous year compare
- 141 China -4.3 % change on previous year compare
- 142 Norway -4.65 % change on previous year compare
- 143 Indonesia -5.89 % change on previous year
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)
- Other taxes 0.8% (2020)
- Compensation of employees 35.3% (2020)
Frequently asked questions
- What is tax revenue (current lcu), annual growth rate in Marshall Islands?
- Tax revenue (current lcu), annual growth rate in Marshall Islands was -4.25 % change on previous year in 2020, according to Statizoid (derived).
- What is the highest tax revenue (current lcu), annual growth rate recorded in Marshall Islands?
- The highest recorded value was 9.9 % change on previous year in 2019.
- What is the lowest tax revenue (current lcu), annual growth rate recorded in Marshall Islands?
- The lowest recorded value was -4.25 % change on previous year in 2020.
- How does Marshall Islands rank for tax revenue (current lcu), annual growth rate?
- Marshall Islands ranks 140th out of 156 countries with data for 2020.
- Is tax revenue (current lcu), annual growth rate rising or falling in Marshall Islands?
- Over the last ten years it is down 262.7%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from Statizoid (derived), published as part of Tax revenue (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Tax revenue Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.