Total debt service in Pacific island small states
Pacific island small states: Total debt service was 3.6% in 2024. ◆ Volatile
Total debt service in Pacific island small states, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, total debt service in Pacific island small states stood at 3.6%.
The figure is up 5.6% on the previous year and up 42.4% over ten years.
Over the whole period, total debt service in Pacific island small states peaked at 5.4% in 1987 and was at its lowest, 0.5%, in 1971.
That places Pacific island small states 19th out of 32 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total debt service in Pacific island small states, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 1.1% | — |
| 1971 | 0.5% | -51.0% |
| 1972 | 0.7% | +31.5% |
| 1973 | 0.8% | +17.1% |
| 1974 | 1.2% | +49.0% |
| 1975 | 1.7% | +36.3% |
| 1976 | 1.5% | -7.5% |
| 1977 | 1.7% | +12.6% |
| 1978 | 2.4% | +39.8% |
| 1979 | 1.9% | -19.6% |
| 1980 | 2.8% | +43.3% |
| 1981 | 2.2% | -20.5% |
| 1982 | 2.7% | +21.4% |
| 1983 | 3.2% | +20.2% |
| 1984 | 4.1% | +25.9% |
| 1985 | 4.9% | +20.5% |
| 1986 | 4.8% | -2.9% |
| 1987 | 5.4% | +13.5% |
| 1988 | 5.2% | -4.7% |
| 1989 | 5.0% | -3.3% |
| 1990 | 5.2% | +5.0% |
| 1991 | 5.0% | -5.4% |
| 1992 | 3.4% | -31.0% |
| 1993 | 3.0% | -10.8% |
| 1994 | 3.4% | +11.9% |
| 1995 | 2.0% | -40.8% |
| 1996 | 1.5% | -28.0% |
| 1997 | 1.1% | -20.9% |
| 1998 | 1.6% | +36.1% |
| 1999 | 1.7% | +8.7% |
| 2000 | 1.7% | +1.4% |
| 2001 | 1.3% | -25.6% |
| 2002 | 1.2% | -4.5% |
| 2003 | 1.1% | -9.6% |
| 2004 | 1.1% | +0.5% |
| 2005 | 0.9% | -15.8% |
| 2006 | 0.7% | -21.5% |
| 2007 | 1.1% | +53.7% |
| 2008 | 1.6% | +44.9% |
| 2009 | 2.1% | +27.9% |
| 2010 | 1.8% | -13.0% |
| 2011 | 4.5% | +147.1% |
| 2012 | 2.4% | -45.9% |
| 2013 | 2.6% | +4.9% |
| 2014 | 2.5% | -0.6% |
| 2015 | 5.1% | +99.5% |
| 2016 | 2.4% | -52.5% |
| 2017 | 2.9% | +21.2% |
| 2018 | 2.4% | -18.5% |
| 2019 | 3.6% | +49.9% |
| 2020 | 4.5% | +25.8% |
| 2021 | 2.3% | -49.0% |
| 2022 | 3.1% | +34.9% |
| 2023 | 3.4% | +11.0% |
| 2024 | 3.6% | +5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.4% | 0.5% | 2.4% | 10 |
| 1980s | 4.0% | 2.2% | 5.4% | 10 |
| 1990s | 2.8% | 1.1% | 5.2% | 10 |
| 2000s | 1.3% | 0.7% | 2.1% | 10 |
| 2010s | 3.0% | 1.8% | 5.1% | 10 |
| 2020s | 3.4% | 2.3% | 4.5% | 5 |
Countries ranked near Pacific island small states
More economy & growth data for Pacific island small states
- GDP (constant 2015 US$), per unit of GDP 0.8616 constant 2015 US$ per US$ of GDP (2025)
- GNI (current US$), annual growth rate 5.95 % change on previous year (2025)
- GNI, Atlas method (current US$), per capita 4,738 current US$ per person (2025)
- GNI, Atlas method (current US$), per unit of GDP 1 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), annual growth rate 8.62 % change on previous year (2025)
- Gross domestic savings (current US$), per capita 43.82 current US$ per person (2024)
- Gross domestic savings (current US$), per unit of GDP 0.0097 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), annual growth rate 175.68 % change on previous year (2024)
- GDP (constant 2015 US$), per capita 4,066 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 3,983 current US$ per person (2024)
Frequently asked questions
- What is total debt service in Pacific island small states?
- Total debt service in Pacific island small states was 3.6% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Pacific island small states?
- The highest recorded value was 5.4% in 1987.
- What is the lowest total debt service recorded in Pacific island small states?
- The lowest recorded value was 0.5% in 1971.
- How does Pacific island small states rank for total debt service?
- Pacific island small states ranks 19th out of 32 groups with data for 2024.
- Is total debt service rising or falling in Pacific island small states?
- Over the last ten years it is up 42.4%. The long-run trend across the full record is volatile.
- Where does this Pacific island small states data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.