Marshall Islands—Taxes on Goods & Services (% of revenue)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #133 of 139
Latest Value
8.4%
2020
YoY Change
-23.1%
2019 → 2020
Global Rank
#133
of 139 countries
Maximum
11.0%
2012
Minimum
7.9%
2008
CAGR
+0.5%
13 years
Last
8.4%
Previous
10.9%
Highest
11.0%
Lowest
7.9%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2020 | 8.4% | -23.1% |
| 2019 | 10.9% | +4.0% |
| 2018 | 10.5% | +17.0% |
| 2017 | 9.0% | -7.9% |
| 2016 | 9.7% | -4.6% |
| 2015 | 10.2% | -6.1% |
| 2014 | 10.9% | +5.4% |
| 2013 | 10.3% | -6.6% |
| 2012 | 11.0% | +22.6% |
| 2011 | 9.0% | -1.8% |
| 2010 | 9.2% | +2.9% |
| 2009 | 8.9% | +12.2% |
| 2008 | 7.9% |
Top Countries — Taxes on Goods & Services (% of revenue)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Macao SAR, China | 71.7% | 2023 |
| 2 | Bahamas, The | 57.1% | 2023 |
| 3 | Lao PDR | 53.9% | 2022 |
| 4 | Mauritius | 53.3% | 2024 |
| 5 | Guatemala | 51.5% | 2023 |
| 6 | Armenia | 48.2% | 2024 |
| 7 | Dominican Republic | 47.9% | 2024 |
| 8 | Croatia | 47.1% | 2023 |
| 9 | Nicaragua | 46.5% | 2023 |
| 10 | Burundi | 46.4% | 2021 |
About This Indicator
Definition
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Source: World Bank - World Development IndicatorsView original source →