Taxes on international trade (current LCU) in Marshall Islands
Marshall Islands: Taxes on international trade (current LCU) was 9.27 million current LCU in 2020. ▲ Rising
Taxes on international trade in Marshall Islands, 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on international trade in Marshall Islands is 9.27 million current LCU, measured in 2020.
Compared with earlier readings it is down 1.0% on the previous year and up 20.0% over ten years.
Over the whole period, taxes on international trade in Marshall Islands peaked at 9.36 million current LCU in 2019 and was at its lowest, 6.87 million current LCU, in 2012.
Marshall Islands ranks 140th of 155 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 13 years of available data.
Taxes on international trade (current LCU) in Marshall Islands, year by year
| Year | current LCU | Change |
|---|---|---|
| 2008 | 8.67 million current LCU | — |
| 2009 | 7.14 million current LCU | -17.7% |
| 2010 | 7.72 million current LCU | +8.2% |
| 2011 | 7.71 million current LCU | -0.1% |
| 2012 | 6.87 million current LCU | -10.9% |
| 2013 | 7.46 million current LCU | +8.5% |
| 2014 | 6.89 million current LCU | -7.6% |
| 2015 | 7.74 million current LCU | +12.4% |
| 2016 | 8.16 million current LCU | +5.4% |
| 2017 | 8.47 million current LCU | +3.8% |
| 2018 | 8.39 million current LCU | -0.9% |
| 2019 | 9.36 million current LCU | +11.6% |
| 2020 | 9.27 million current LCU | -1.0% |
Marshall Islands compared with similar countries
- Marshall Islands's 9.27 million current LCU is below the median for upper middle income countries, which is 18.56 billion current LCU, 0% of the median. (48 countries reporting)
- Marshall Islands's 9.27 million current LCU is below the median for East Asia & Pacific, which is 4.27 billion current LCU, 0% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.91 million current LCU | 7.14 million current LCU | 8.67 million current LCU | 2 |
| 2010s | 7.88 million current LCU | 6.87 million current LCU | 9.36 million current LCU | 10 |
| 2020s | 9.27 million current LCU | 9.27 million current LCU | 9.27 million current LCU | 1 |
Countries ranked near Marshall Islands
- 137 Bulgaria 11.72 million current LCU compare
- 138 United Arab Emirates 10.26 million current LCU compare
- 139 Latvia 9.77 million current LCU
- 141 Greece 8.00 million current LCU compare
- 142 Micronesia (country) 6.20 million current LCU compare
- 143 Netherlands 4.54 million current LCU
More public sector data for Marshall Islands
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- 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)
Frequently asked questions
- What is taxes on international trade in Marshall Islands?
- Taxes on international trade in Marshall Islands was 9.27 million current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Marshall Islands?
- The highest recorded value was 9.36 million current LCU in 2019.
- What is the lowest taxes on international trade recorded in Marshall Islands?
- The lowest recorded value was 6.87 million current LCU in 2012.
- How does Marshall Islands rank for taxes on international trade?
- Marshall Islands ranks 140th out of 155 countries with data for 2020.
- Is taxes on international trade rising or falling in Marshall Islands?
- Over the last ten years it is up 20.0%. The long-run trend across the full record is rising.
- 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 Taxes on international trade (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.