Gross debt, General government, Percent of fiscal year GDP in Micronesia (country)
Micronesia (country): Gross debt, General government, Percent of fiscal year GDP was 26.35 in 2015. ▼ Falling
Gross debt, General government, Percent of fiscal year GDP in Micronesia (country), 1995–2015
Source: International Monetary Fund.
Analysis
In 2015, gross debt, general government, percent of fiscal year gdp in Micronesia (country) stood at 26.35.
That represents a change of up 1.0% on the previous year and up 6.4% over ten years.
Over the whole period, gross debt, general government, percent of fiscal year gdp in Micronesia (country) peaked at 53.99 in 1995 and was at its lowest, 23.82, in 2001.
Micronesia (country) ranks 156th of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Gross debt, General government, Percent of fiscal year GDP in Micronesia (country), year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 53.99 | — |
| 1996 | 43.91 | -18.7% |
| 1997 | 47.28 | +7.7% |
| 1998 | 42.11 | -10.9% |
| 1999 | 35.86 | -14.9% |
| 2000 | 27.11 | -24.4% |
| 2001 | 23.82 | -12.1% |
| 2002 | 24.17 | +1.5% |
| 2003 | 24.74 | +2.4% |
| 2004 | 25.44 | +2.9% |
| 2005 | 24.76 | -2.7% |
| 2006 | 25.07 | +1.2% |
| 2007 | 25.73 | +2.6% |
| 2008 | 28.27 | +9.9% |
| 2009 | 31.02 | +9.7% |
| 2010 | 29.24 | -5.7% |
| 2011 | 28.93 | -1.0% |
| 2012 | 27.71 | -4.2% |
| 2013 | 26.98 | -2.6% |
| 2014 | 26.08 | -3.3% |
| 2015 | 26.35 | +1.0% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 26.35 is below the median for upper middle income countries, which is 48.09, 55% of the median. (57 countries reporting)
- Micronesia (country)'s 26.35 is below the median for East Asia & Pacific, which is 37.64, 70% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 44.63 | 35.86 | 53.99 | 5 |
| 2000s | 26.01 | 23.82 | 31.02 | 10 |
| 2010s | 27.55 | 26.08 | 29.24 | 6 |
Countries ranked near Micronesia (country)
More external debt data for Micronesia (country)
- Other investment, Debt instruments 314.57 million US dollar (2014)
- Other investment, Debt instruments (Assets, Positions, US dollar) 16.51 % change on previous year (2014)
- Other investment, Debt instruments, Deposit taking corporations 312.85 million US dollar (2014)
- Other investment, Debt instruments (Assets, Positions, US dollar) 2,902 US dollar per person (2014)
- Other investment, Debt instruments (Assets, Positions, US dollar) 0.9955 US dollar per US$ of GDP (2014)
- Net lending (+) / net borrowing (-), General government, Percent of -0.2792 (2030)
- Other investment, Debt instruments, Deposit taking corporations 16.4 % change on previous year (2014)
- Primary net lending (+) / net borrowing (-), General government -0.218 (2030)
- Other investment, Debt instruments, Deposit taking corporations 2,886 US dollar per person (2014)
- Other investment, Debt instruments, Deposit taking corporations 0.99 US dollar per US$ of GDP (2014)
Frequently asked questions
- What is gross debt, general government, percent of fiscal year gdp in Micronesia (country)?
- Gross debt, general government, percent of fiscal year gdp in Micronesia (country) was 26.35 in 2015, according to International Monetary Fund.
- What is the highest gross debt, general government, percent of fiscal year gdp recorded in Micronesia (country)?
- The highest recorded value was 53.99 in 1995.
- What is the lowest gross debt, general government, percent of fiscal year gdp recorded in Micronesia (country)?
- The lowest recorded value was 23.82 in 2001.
- How does Micronesia (country) rank for gross debt, general government, percent of fiscal year gdp?
- Micronesia (country) ranks 156th out of 188 countries with data for 2015.
- Is gross debt, general government, percent of fiscal year gdp rising or falling in Micronesia (country)?
- Over the last ten years it is up 6.4%. The long-run trend across the full record is falling.
- Where does this Micronesia (country) data come from?
- The figures come from International Monetary Fund, published as part of Gross debt, General government, Percent of fiscal year GDP. Statizoid updates them automatically from the source API.
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About this data
The Historical Public Debt Database contains unbalanced panel data on Gross Domestic Product, Gross Government Debt, and Debt to GDP Ratio for 187 countries. The series spans the years 1800 through 2015 although each country’s data depends on its date of independence and data availability.