Marshall Islands

Country profiles
Country profiles

Marshall Islands

  • Corporate Tax Haven Index ranking: N/A
  • Financial Secrecy Index ranking: 49
  • Tax loss each year to tax havens: $82,339,905
  • Tax loss inflicted on other countries: $1,026,592,431

Country profile

Tax abuse losses

$82,339,905

lost in tax every year to global tax abuse

$0

lost to tax avoidance committed by multinational corporations

$82,339,905

lost to tax evasion committed by private individuals

  • Equivalent to 245.08% tax revenue (tax revenue in 2020 : $33,597,211 trillion)
  • Equivalent to loss of $1,428 per member of population (Population: 57,659.20)
  • Greater than Global Average tax revenue Loss 2.61%
  • Greater than Regional Average tax revenue Loss 1.06%

Global Rankings

Corporate Tax Haven Index 2019
#N/A

Global Rank (First is Worst)

N/A/100

Haven Score (100 is Worst)

N/A

Share of global tax havenry

Financial Secrecy Index 2020
#49

Global Rank (First is Worst)

70.10/100

Haven Score (100 is Worst)

0.69%

Share of global tax secrecy

Harm to other countries

$1,026,592,431

in tax lost by other countries

$119,453,576

by enabling corporate tax avoidance

$907,138,855

by enabling private tax evasion

Responsible for 0.24% of global tax losses
Inflicted tax loss equivalent to yearly salaries of
81,386 nurses

Social impact of lost tax

Tax loss equivalent to 663.46% of health budget
Tax loss equivalent to N/A of education spendings
Suffered tax loss equivalent to paying yearly salaries of
16,094 nurses

Vulnerability to illicit financial flows

Most Vulnerable via Inward Portfolio Inv.
Vulnerable Score for this channel is 61.00 / 100
(100 is Worst)

Trading partners most responsible for vulnerability

United States (82.0%)
Luxembourg (3.8%)
Mauritius (2.4%)