Tax revenue decentralization, Ratio of this level of government's in Marshall Islands
Marshall Islands: Tax revenue decentralization, Ratio of this level of government's was 1 in 2018. ▬ Flat
Tax revenue decentralization, Ratio of this level of government's in Marshall Islands, 2008–2018
Source: International Monetary Fund.
Analysis
The most recent figure for tax revenue decentralization, ratio of this level of government's in Marshall Islands is 1, measured in 2018. That is the highest value across all 11 years on record.
The figure is unchanged over ten years.
Over the whole period, tax revenue decentralization, ratio of this level of government's in Marshall Islands peaked at 1 in 2008 and was at its lowest, 1, in 2008.
Marshall Islands ranks 1st of 80 countries on this measure, in the top 10%.
Tax revenue decentralization, Ratio of this level of government's in Marshall Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 1 | — |
| 2009 | 1 | +0.0% |
| 2010 | 1 | +0.0% |
| 2011 | 1 | +0.0% |
| 2012 | 1 | +0.0% |
| 2013 | 1 | +0.0% |
| 2014 | 1 | +0.0% |
| 2015 | 1 | +0.0% |
| 2016 | 1 | +0.0% |
| 2017 | 1 | +0.0% |
| 2018 | 1 | +0.0% |
Marshall Islands compared with similar countries
- Marshall Islands's 1 is above the median for upper middle income countries, which is 0.9294, 1.1× the median. (28 countries reporting)
- Marshall Islands's 1 is above the median for East Asia & Pacific, which is 0.8651, 1.2× the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1 | 1 | 1 | 2 |
| 2010s | 1 | 1 | 1 | 9 |
Countries ranked near Marshall Islands
- 1 Malta 1 compare
- 3 Senegal 0.9994
- 4 Afghanistan 0.9988 compare
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 decentralization, ratio of this level of government's in Marshall Islands?
- Tax revenue decentralization, ratio of this level of government's in Marshall Islands was 1 in 2018, according to International Monetary Fund.
- What is the highest tax revenue decentralization, ratio of this level of government's recorded in Marshall Islands?
- The highest recorded value was 1 in 2008.
- What is the lowest tax revenue decentralization, ratio of this level of government's recorded in Marshall Islands?
- The lowest recorded value was 1 in 2008.
- How does Marshall Islands rank for tax revenue decentralization, ratio of this level of government's?
- Marshall Islands ranks 1st out of 80 countries with data for 2018.
- Is tax revenue decentralization, ratio of this level of government's rising or falling in Marshall Islands?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Marshall Islands data come from?
- The figures come from International Monetary Fund, published as part of Tax revenue decentralization, Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.