Marshall Islands vs Tonga: Central government debt, total
Central government debt, total over time
- Marshall Islands
- Tonga
How they compare
Tonga currently reports 43.1% against 41.6% in Marshall Islands, a difference of 1.5%.
The two have swapped places 3 times across 7 shared years of data; in 2013 it was Marshall Islands ahead.
Marshall Islands ranks 57th and Tonga ranks 55th of 83 countries.
Tonga has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher central government debt, total, Marshall Islands or Tonga?
- Tonga, at 43.1% against 41.6% in Marshall Islands as of 2020.
- What is the difference in central government debt, total between Marshall Islands and Tonga?
- 1.5%, with Tonga ahead.
- How many years of comparable data are there for Marshall Islands and Tonga?
- 7 years are reported by both, from 2013 to 2019.
- How do Marshall Islands and Tonga rank globally for central government debt, total?
- Marshall Islands ranks 57th and Tonga ranks 55th of 83 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Central government debt, total (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. 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.