Marshall Islands - Central government debt

Central government debt, total (current LCU)

The value for Central government debt, total (current LCU) in Marshall Islands was 98,046,740 as of 2016. As the graph below shows, over the past 8 years this indicator reached a maximum value of 105,290,800 in 2010 and a minimum value of 78,952,220 in 2013.

Definition: 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.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
2008 95,710,540
2009 98,381,740
2010 105,290,800
2011 91,834,480
2012 88,889,070
2013 78,952,220
2014 92,113,070
2015 87,231,710
2016 98,046,740

Central government debt, total (% of GDP)

Central government debt, total (% of GDP) in Marshall Islands was 48.66 as of 2016. Its highest value over the past 8 years was 65.69 in 2009, while its lowest value was 42.71 in 2013.

Definition: 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.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
2008 63.01
2009 65.69
2010 65.64
2011 53.33
2012 49.26
2013 42.71
2014 50.57
2015 47.46
2016 48.66

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance