Gross debt, Percent of own revenue in Marshall Islands
Marshall Islands: Gross debt, Percent of own revenue was 0.696 in 2018. ▼ Falling
Gross debt, Percent of own revenue in Marshall Islands, 2008–2018
Source: International Monetary Fund.
Analysis
Marshall Islands recorded 0.696 for gross debt, percent of own revenue in 2018.
That represents a change of up 14.6% on the previous year and down 59.1% over ten years.
Over the whole period, gross debt, percent of own revenue in Marshall Islands peaked at 1.7 in 2008 and was at its lowest, 0.6075, in 2017.
Marshall Islands ranks 22nd of 23 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Gross debt, Percent of own revenue in Marshall Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 1.7 | — |
| 2009 | 1.65 | -3.0% |
| 2010 | 1.46 | -11.6% |
| 2011 | 1.59 | +8.8% |
| 2012 | 1.48 | -6.7% |
| 2013 | 1.34 | -9.5% |
| 2014 | 1.2 | -10.9% |
| 2015 | 1.02 | -14.8% |
| 2016 | 0.7966 | -21.8% |
| 2017 | 0.6075 | -23.7% |
| 2018 | 0.696 | +14.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.68 | 1.65 | 1.7 | 2 |
| 2010s | 1.13 | 0.6075 | 1.59 | 9 |
Countries ranked near Marshall Islands
More external debt data for Marshall Islands
- Other investment, Debt instruments 266.54 million US dollar (2024)
- Other investment, Debt instruments (Assets, Positions, US dollar) 18.09 % change on previous year (2024)
- Other investment, Debt instruments, Deposit taking corporations 266.54 million US dollar (2024)
- Other investment, Debt instruments (Assets, Positions, US dollar) 7,099 US dollar per person (2024)
- Other investment, Debt instruments (Assets, Positions, US dollar) 0.9352 US dollar per US$ of GDP (2024)
- Net lending (+) / net borrowing (-), General government, Percent of 0.0223 (2030)
- Other investment, Debt instruments, Deposit taking corporations 18.09 % change on previous year (2024)
- Primary net lending (+) / net borrowing (-), General government 0.1754 (2030)
- Other investment, Debt instruments, Deposit taking corporations 7,099 US dollar per person (2024)
- Other investment, Debt instruments, Deposit taking corporations 0.9352 US dollar per US$ of GDP (2024)
Frequently asked questions
- What is gross debt, percent of own revenue in Marshall Islands?
- Gross debt, percent of own revenue in Marshall Islands was 0.696 in 2018, according to International Monetary Fund.
- What is the highest gross debt, percent of own revenue recorded in Marshall Islands?
- The highest recorded value was 1.7 in 2008.
- What is the lowest gross debt, percent of own revenue recorded in Marshall Islands?
- The lowest recorded value was 0.6075 in 2017.
- How does Marshall Islands rank for gross debt, percent of own revenue?
- Marshall Islands ranks 22nd out of 23 countries with data for 2018.
- Is gross debt, percent of own revenue rising or falling in Marshall Islands?
- Over the last ten years it is down 59.1%. The long-run trend across the full record is falling.
- Where does this Marshall Islands data come from?
- The figures come from International Monetary Fund, published as part of Gross debt, Percent of own revenue (Central government). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.