Central government debt, total in Marshall Islands
Marshall Islands: Central government debt, total was 41.6% in 2019. ▼ Falling
Central government debt, total in Marshall Islands, 2008–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2019, central government debt, total in Marshall Islands stood at 41.6%. That is the lowest value across all 12 years on record.
The figure is down 5.5% on the previous year and down 42.2% over ten years.
Over the whole period, central government debt, total in Marshall Islands peaked at 71.9% in 2009 and was at its lowest, 41.6%, in 2019.
That places Marshall Islands 57th out of 83 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently falling across the 12 years of available data.
Central government debt, total in Marshall Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2008 | 71.5% | — |
| 2009 | 71.9% | +0.5% |
| 2010 | 68.9% | -4.2% |
| 2011 | 56.1% | -18.6% |
| 2012 | 52.4% | -6.5% |
| 2013 | 52.7% | +0.6% |
| 2014 | 49.4% | -6.3% |
| 2015 | 47.5% | -3.9% |
| 2016 | 48.3% | +1.8% |
| 2017 | 47.7% | -1.2% |
| 2018 | 44.0% | -7.8% |
| 2019 | 41.6% | -5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 71.7% | 71.5% | 71.9% | 2 |
| 2010s | 50.9% | 41.6% | 68.9% | 10 |
Countries ranked near Marshall Islands
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 4.72 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.3604 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 3,059 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 18.74 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3175 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 2,410 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 24.94 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2286 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is central government debt, total in Marshall Islands?
- Central government debt, total in Marshall Islands was 41.6% in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest central government debt, total recorded in Marshall Islands?
- The highest recorded value was 71.9% in 2009.
- What is the lowest central government debt, total recorded in Marshall Islands?
- The lowest recorded value was 41.6% in 2019.
- How does Marshall Islands rank for central government debt, total?
- Marshall Islands ranks 57th out of 83 countries with data for 2019.
- Is central government debt, total rising or falling in Marshall Islands?
- Over the last ten years it is down 42.2%. The long-run trend across the full record is falling.
- Where does this Marshall Islands data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Central government debt, total (% of GDP). Statizoid updates them automatically from the source API.
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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.