Marshall Islands—Taxes on Income, Profits & Capital Gains (% of rev)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #123 of 137
Latest Value
9.7%
2020
YoY Change
-11.7%
2019 → 2020
Global Rank
#123
of 137 countries
Maximum
11.9%
2012
Minimum
9.7%
2020
CAGR
-1.1%
13 years
Last
9.7%
Previous
11.0%
Highest
11.9%
Lowest
9.7%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2020 | 9.7% | -11.7% |
| 2019 | 11.0% | +0.8% |
| 2018 | 10.9% | +7.0% |
| 2017 | 10.2% | -9.9% |
| 2016 | 11.3% | +2.8% |
| 2015 | 11.0% | -7.1% |
| 2014 | 11.8% | +1.6% |
| 2013 | 11.6% | -2.3% |
| 2012 | 11.9% | +8.7% |
| 2011 | 10.9% | +2.2% |
| 2010 | 10.7% | -6.7% |
| 2009 | 11.5% | +4.1% |
| 2008 | 11.0% |
Top Countries — Taxes on Income, Profits & Capital Gains (% of rev)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Australia | 67.9% | 2022 |
| 2 | Papua New Guinea | 59.2% | 2023 |
| 3 | New Zealand | 56.9% | 2023 |
| 4 | United States | 56.7% | 2024 |
| 5 | Canada | 54.6% | 2024 |
| 6 | Ireland | 49.7% | 2022 |
| 7 | Malaysia | 49.4% | 2023 |
| 8 | Denmark | 48.9% | 2023 |
| 9 | South Africa | 48.0% | 2023 |
| 10 | Nicaragua | 41.8% | 2023 |
About This Indicator
Definition
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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 →