Central government debt, total in Marshall Islands
Marshall Islands: Central government debt, total was 96.80 million current LCU in 2019. ▼ Falling
Central government debt, total in Marshall Islands, 2008–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Marshall Islands recorded 96.80 million current LCU for central government debt, total in 2019.
The figure is down 11.0% over ten years.
Over the whole period, central government debt, total in Marshall Islands peaked at 110.97 million current LCU in 2010 and was at its lowest, 87.23 million current LCU, in 2015.
Marshall Islands ranks 83rd of 83 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 12 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 106.81 million current LCU | 104.88 million current LCU | 108.73 million current LCU | 2 |
| 2010s | 97.29 million current LCU | 87.23 million current LCU | 110.97 million current LCU | 10 |
Countries ranked near Marshall Islands
More public sector data for Marshall Islands
- Tax revenue 17.2% (2020)
- Taxes on income, profits and capital gains 9.7% (2020)
- Taxes on goods and services 8.4% (2020)
- Net investment in nonfinancial assets 8.8% (2020)
- Net lending (+) / net borrowing (-) 5.0% (2020)
- Interest payments 0.4% (2020)
- Grants and other revenue 75.8% (2020)
- Interest payments 0.5% (2020)
- Other taxes 0.8% (2020)
- Compensation of employees 35.3% (2020)
Frequently asked questions
- What is central government debt, total in Marshall Islands?
- Central government debt, total in Marshall Islands was 96.80 million current LCU in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest central government debt, total recorded in Marshall Islands?
- The highest recorded value was 110.97 million current LCU in 2010.
- What is the lowest central government debt, total recorded in Marshall Islands?
- The lowest recorded value was 87.23 million current LCU in 2015.
- How does Marshall Islands rank for central government debt, total?
- Marshall Islands ranks 83rd out of 83 countries with data for 2019.
- Is central government debt, total rising or falling in Marshall Islands?
- Over the last ten years it is down 11.0%. The long-run trend across the full record is falling.
- Where does this Marshall Islands data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Central government debt, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
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. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.