Marshall Islands - Tax revenue
Tax revenue (current LCU)
The value for Tax revenue (current LCU) in Marshall Islands was 41,705,000 as of 2019. As the graph below shows, over the past 11 years this indicator reached a maximum value of 41,705,000 in 2019 and a minimum value of 27,823,770 in 2009.
Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
| Year | Value |
|---|---|
| 2008 | 28,341,440 |
| 2009 | 27,823,770 |
| 2010 | 28,550,000 |
| 2011 | 29,356,650 |
| 2012 | 29,609,920 |
| 2013 | 30,732,950 |
| 2014 | 29,493,560 |
| 2015 | 31,886,120 |
| 2016 | 35,029,140 |
| 2017 | 37,657,930 |
| 2018 | 39,419,000 |
| 2019 | 41,705,000 |
Tax revenue (% of GDP)
Tax revenue (% of GDP) in Marshall Islands was 17.42 as of 2019. Its highest value over the past 11 years was 18.66 in 2008, while its lowest value was 16.19 in 2014.
Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 2008 | 18.66 |
| 2009 | 18.58 |
| 2010 | 17.80 |
| 2011 | 17.05 |
| 2012 | 16.41 |
| 2013 | 16.63 |
| 2014 | 16.19 |
| 2015 | 17.35 |
| 2016 | 17.38 |
| 2017 | 17.66 |
| 2018 | 17.79 |
| 2019 | 17.42 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
