Marshall Islands Debt to GDP Ratio 2008-2023

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.
  • Marshall Islands debt to gdp ratio for 2019 was 41.71%, a 2.43% decline from 2018.
  • Marshall Islands debt to gdp ratio for 2018 was 44.14%, a 3.82% decline from 2017.
  • Marshall Islands debt to gdp ratio for 2017 was 47.95%, a 0.63% decline from 2016.
  • Marshall Islands debt to gdp ratio for 2016 was 48.58%, a 0.91% increase from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
Brazil 92.57%
Jamaica 92.25%
Jordan 78.48%
Albania 75.70%
Colombia 72.70%
Mauritius 57.96%
Malaysia 52.42%
Armenia 50.03%
Bosnia 44.63%
Romania 43.21%
Marshall Islands 41.71%
Thailand 40.13%
Turkey 34.13%
Belarus 33.24%
Bulgaria 26.92%
Peru 26.54%
Guatemala 26.49%
Kazakhstan 18.48%
Russia 17.28%
Botswana 16.22%
Namibia 4.64%
Marshall Islands Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2019 41.71% -2.43%
2018 44.14% -3.82%
2017 47.95% -0.63%
2016 48.58% 0.91%
2015 47.67% -1.95%
2014 49.62% -3.39%
2013 53.01% 0.34%
2012 52.67% -3.65%
2011 56.33% -12.89%
2010 69.22% -2.97%
2009 72.19% 0.34%
2008 71.85% 0.34%