Micronesia Debt to GDP Ratio 2008-2024
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.
- Micronesia debt to gdp ratio for 2020 was 27.86%, a 3.71% increase from 2019.
- Micronesia debt to gdp ratio for 2019 was 24.15%, a 0.45% increase from 2018.
- Micronesia debt to gdp ratio for 2018 was 23.70%, a 7.9% decline from 2017.
- Micronesia debt to gdp ratio for 2017 was 31.60%, a 5.64% increase from 2016.
| Micronesia Debt to GDP Ratio - Historical Data |
| Year |
Government Debt as % of GDP |
Annual Change |
| 2020 |
27.86% |
3.71% |
| 2019 |
24.15% |
0.45% |
| 2018 |
23.70% |
-7.90% |
| 2017 |
31.60% |
5.64% |
| 2016 |
25.96% |
-3.98% |
| 2015 |
29.94% |
6.55% |
| 2014 |
23.39% |
-2.93% |
| 2013 |
26.32% |
-0.79% |
| 2012 |
27.12% |
1.91% |
| 2011 |
25.20% |
1.05% |
| 2010 |
24.15% |
-1.29% |
| 2009 |
25.44% |
-1.17% |
| 2008 |
26.61% |
-1.17% |
