Gross debt, General government, Percent of GDP in Micronesia (country)
Micronesia (country): Gross debt, General government, Percent of GDP was 2.36 in 2030. ▼ Falling
Gross debt, General government, Percent of GDP in Micronesia (country), 1996–2030
Source: International Monetary Fund.
Analysis
In 2030, gross debt, general government, percent of gdp in Micronesia (country) stood at 2.36. That is the lowest value across all 35 years on record.
That represents a change of down 12.6% on the previous year and down 89.0% over ten years.
Over the whole period, gross debt, general government, percent of gdp in Micronesia (country) peaked at 47.17 in 1997 and was at its lowest, 2.36, in 2030.
That places Micronesia (country) 191st out of 193 countries with data for 2030, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 35 years of available data.
Gross debt, General government, Percent of GDP in Micronesia (country), year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 43.39 | — |
| 1997 | 47.17 | +8.7% |
| 1998 | 42.13 | -10.7% |
| 1999 | 35.87 | -14.9% |
| 2000 | 27.14 | -24.3% |
| 2001 | 23.78 | -12.4% |
| 2002 | 24.3 | +2.2% |
| 2003 | 24.93 | +2.6% |
| 2004 | 25.74 | +3.2% |
| 2005 | 25 | -2.9% |
| 2006 | 25.4 | +1.6% |
| 2007 | 26.04 | +2.5% |
| 2008 | 29.17 | +12.0% |
| 2009 | 31.12 | +6.7% |
| 2010 | 29.37 | -5.6% |
| 2011 | 28.6 | -2.6% |
| 2012 | 27.29 | -4.6% |
| 2013 | 27.94 | +2.4% |
| 2014 | 28.37 | +1.5% |
| 2015 | 25.97 | -8.5% |
| 2016 | 24.57 | -5.4% |
| 2017 | 23.92 | -2.6% |
| 2018 | 21.04 | -12.0% |
| 2019 | 19.74 | -6.2% |
| 2020 | 21.48 | +8.8% |
| 2021 | 16.96 | -21.1% |
| 2022 | 15.07 | -11.1% |
| 2023 | 12.86 | -14.7% |
| 2024 | 10.92 | -15.1% |
| 2025 | 9.26 | -15.2% |
| 2026 | 6.82 | -26.4% |
| 2027 | 4.95 | -27.5% |
| 2028 | 3.44 | -30.5% |
| 2029 | 2.7 | -21.5% |
| 2030 | 2.36 | -12.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 42.14 | 35.87 | 47.17 | 4 |
| 2000s | 26.26 | 23.78 | 31.12 | 10 |
| 2010s | 25.68 | 19.74 | 29.37 | 10 |
| 2020s | 10.45 | 2.7 | 21.48 | 10 |
| 2030s | 2.36 | 2.36 | 2.36 | 1 |
Countries ranked near Micronesia (country)
- 188 Nauru 6.68 compare
- 189 Democratic Republic of Congo 6.27 compare
- 190 Turkmenistan 3.78 compare
- 192 Brunei 1.82 compare
- 193 Macao 0
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 gdp in Micronesia (country)?
- Gross debt, general government, percent of gdp in Micronesia (country) was 2.36 in 2030, according to International Monetary Fund.
- What is the highest gross debt, general government, percent of gdp recorded in Micronesia (country)?
- The highest recorded value was 47.17 in 1997.
- What is the lowest gross debt, general government, percent of gdp recorded in Micronesia (country)?
- The lowest recorded value was 2.36 in 2030.
- How does Micronesia (country) rank for gross debt, general government, percent of gdp?
- Micronesia (country) ranks 191st out of 193 countries with data for 2030.
- Is gross debt, general government, percent of gdp rising or falling in Micronesia (country)?
- Over the last ten years it is down 89.0%. 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 GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October