Facts
- Tax revenue, % of GDP
- 17.2 % (2020)
- Tax revenue level
- 15–20% of GDP
- Taxes on income, profits and capital gains, % of revenue
- 39.9 % (2020)
- Taxes on goods and services, % of value added
- 7.2 % (2020)
- ISO code
- MHL
Sources: OECD Corporate Tax Statistics, OECD Tax Database, World Bank WDI (CC BY 4.0)
Tax revenue, % of GDP
| Period | Value |
|---|---|
| 2020 | 17.2 % |
| 2019 | 18.6 % |
| 2018 | 17.9 % |
| 2017 | 17.6 % |
| 2016 | 17.4 % |
| 2015 | 17.4 % |
| 2014 | 15.9 % |
| 2013 | 16.5 % |
| 2012 | 16.4 % |
| 2011 | 17.0 % |
| 2010 | 17.7 % |
| 2009 | 18.4 % |
Taxes on income, profits and capital gains, % of revenue
| Period | Value |
|---|---|
| 2020 | 39.9 % |
| 2019 | 37.5 % |
| 2018 | 38.2 % |
| 2017 | 39.3 % |
| 2016 | 39.4 % |
| 2015 | 37.3 % |
| 2014 | 39.0 % |
| 2013 | 38.6 % |
| 2012 | 38.1 % |
| 2011 | 37.3 % |
| 2010 | 37.9 % |
| 2009 | 40.3 % |
Taxes on goods and services, % of value added
| Period | Value |
|---|---|
| 2020 | 7.2 % |
| 2019 | 8.2 % |
| 2018 | 7.8 % |
| 2017 | 7.2 % |
| 2016 | 6.8 % |
| 2015 | 6.9 % |
| 2014 | 6.7 % |
| 2013 | 6.9 % |
| 2012 | 7.2 % |
| 2011 | 6.3 % |
| 2010 | 6.7 % |
| 2009 | 6.4 % |
Year by year · 13
| Country-year | Combined corporate income tax rate | Top statutory personal income tax rate | Tax revenue, % of GDP |
|---|---|---|---|
| Marshall Islands 2020 | — | — | 17.2 % |
| Marshall Islands 2019 | — | — | 18.6 % |
| Marshall Islands 2018 | — | — | 17.9 % |
| Marshall Islands 2017 | — | — | 17.6 % |
| Marshall Islands 2016 | — | — | 17.4 % |
| Marshall Islands 2015 | — | — | 17.4 % |
| Marshall Islands 2014 | — | — | 15.9 % |
| Marshall Islands 2013 | — | — | 16.5 % |
| Marshall Islands 2012 | — | — | 16.4 % |
| Marshall Islands 2011 | — | — | 17.0 % |
| Marshall Islands 2010 | — | — | 17.7 % |
| Marshall Islands 2009 | — | — | 18.4 % |
| Marshall Islands 2008 | — | — | 19.3 % |