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Marshall Islands Tax revenue (% of GDP) 2026: Interactive Chart & Historical Data

Tax revenue (% of GDP) in Marshall Islands stood at 17.16% in 2020, according to World Bank. The latest value is down 1.45 percentage points from 18.6% in 2019. Ten years earlier, in 2010, the value was 17.72% (down 0.57 percentage points since). The highest value since 2008 was 19.33% in 2008, the lowest 15.86% in 2014. Marshall Islands ranked 60th highest of the 137 countries in this dataset in 2020; Nauru ranked first.

Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1972–2024
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What is Tax revenue (% of GDP)?

Tax revenue (% of GDP), measured in %, measures the total economic output of Marshall Islands. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In Marshall Islands, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest Tax revenue (% of GDP) in Marshall Islands?

Tax revenue (% of GDP) in Marshall Islands stood at 17.16% in 2020, according to World Bank.

Is Tax revenue (% of GDP) in Marshall Islands rising or falling?

The latest value is down 1.45 percentage points from 18.6% in 2019. Ten years earlier, in 2010, the value was 17.72% (down 0.57 percentage points since).

How does Marshall Islands rank for Tax revenue (% of GDP)?

Marshall Islands ranked 60th highest of the 137 countries in this dataset in 2020; Nauru ranked first.

What is the highest Tax revenue (% of GDP) on record in Marshall Islands?

The highest value since 2008 was 19.33% in 2008, the lowest 15.86% in 2014.

Metadata for Tax revenue (% of GDP) in Marshall Islands
IndicatorTax revenue (% of GDP)
CountryMarshall Islands
CategoryMacroeconomics
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

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Source:World Bank — series GC.TAX.TOTL.GD.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Tax revenue (% of GDP) — Marshall Islands [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-tax-totl-gd-zs/MHL. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS

MLA

World Bank. "Tax revenue (% of GDP) — Marshall Islands." EconDash, 2026, https://econdash.org/chart/wdi-gc-tax-totl-gd-zs/MHL. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS.

Chicago

World Bank. 2026. "Tax revenue (% of GDP) — Marshall Islands." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-tax-totl-gd-zs/MHL. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS.

BibTeX
@misc{econdash_wdi_gc_tax_totl_gd_zs_mhl,
  author = {{World Bank}},
  title = {{Tax revenue (\% of GDP) --- Marshall Islands}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-tax-totl-gd-zs/MHL},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS}
}