Other taxes in Marshall Islands
Marshall Islands: Other taxes was 1.28 million current LCU in 2020. ▲ Rising
Other taxes in Marshall Islands, 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2020, other taxes in Marshall Islands stood at 1.28 million current LCU.
The figure is down 15.8% on the previous year and up 68.1% over ten years.
Over the whole period, other taxes in Marshall Islands peaked at 1.71 million current LCU in 2011 and was at its lowest, 512,295 current LCU, in 2014.
That places Marshall Islands 140th out of 149 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 13 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 790,190 current LCU | 788,798 current LCU | 791,582 current LCU | 2 |
| 2010s | 1.16 million current LCU | 512,295 current LCU | 1.71 million current LCU | 10 |
| 2020s | 1.28 million current LCU | 1.28 million current LCU | 1.28 million current LCU | 1 |
Countries ranked near Marshall Islands
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 other taxes in Marshall Islands?
- Other taxes in Marshall Islands was 1.28 million current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other taxes recorded in Marshall Islands?
- The highest recorded value was 1.71 million current LCU in 2011.
- What is the lowest other taxes recorded in Marshall Islands?
- The lowest recorded value was 512,295 current LCU in 2014.
- How does Marshall Islands rank for other taxes?
- Marshall Islands ranks 140th out of 149 countries with data for 2020.
- Is other taxes rising or falling in Marshall Islands?
- Over the last ten years it is up 68.1%. 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 Other taxes (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes. 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.