Marshall Islands—Government Revenue (% of GDP)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #40 of 139
Latest Value
31.3%
2020
YoY Change
-4.8%
2019 → 2020
Global Rank
#40
of 139 countries
Maximum
37.8%
2017
Minimum
19.9%
2012
CAGR
+3.1%
13 years
Last
31.3%
Previous
32.9%
Highest
37.8%
Lowest
19.9%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2020 | 31.3% | -4.8% |
| 2019 | 32.9% | +1.2% |
| 2018 | 32.5% | -14.0% |
| 2017 | 37.8% | +20.3% |
| 2016 | 31.4% | +15.3% |
| 2015 | 27.2% | +15.4% |
| 2014 | 23.6% | +7.0% |
| 2013 | 22.1% | +11.1% |
| 2012 | 19.9% | -1.6% |
| 2011 | 20.2% | -1.1% |
| 2010 | 20.4% | +0.3% |
| 2009 | 20.3% | -6.4% |
| 2008 | 21.7% |
Top Countries — Government Revenue (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Nauru | 138.8% | 2020 |
| 2 | Kiribati | 81.1% | 2023 |
| 3 | Norway | 54.2% | 2023 |
| 4 | Timor-Leste | 51.5% | 2022 |
| 5 | Lesotho | 44.2% | 2024 |
| 6 | Austria | 44.2% | 2023 |
| 7 | Greece | 43.3% | 2023 |
| 8 | Luxembourg | 42.8% | 2023 |
| 9 | France | 42.2% | 2023 |
| 10 | Finland | 42.1% | 2023 |
About This Indicator
Definition
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Source: World Bank - World Development IndicatorsView original source →