Budget balance — all countries

Budget balance — Marshall Islands

Budget balance in the Marshall Islands in 2031 — -3.7%. Ranked 143 in the world out of 188. Since 1997, the indicator has fallen by 11.6 pp.

2031 -3.7% −3.7 pp vs 2030
World rank 143of 188
Period maximum 13.5%1998
Period minimum -22.3%2005

Trend over time

1997–2031 · % of GDP

Budget balance — Marshall Islands, 1997–2031-30-20-100102019972001200520092013201720212025202920311997: 7.9%1998: 13.5%1999: 9%2000: 7.8%2001: 7.8%2002: 5.1%2003: 10.5%2004: -1.6%2005: -22.3%2006: 0.2%2007: 0.3%2008: 3.7%2009: 1.5%2010: 3.5%2011: 2.1%2012: -0.8%2013: -0.2%2014: 3.2%2015: 2.8%2016: 3.9%2017: 4.4%2018: 2.6%2019: -1.8%2020: 2.5%2021: 0.2%2022: 0.5%2023: 1%2024: 2.6%2025: 1.4%2026: -6.1%2027: 0.2%2028: 0.1%2029: 0.1%2030: 0%2031: -3.7%
Change over the period: −11.6 pp Annual average: -0.34 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Marshall Islands

Marshall Islands -3.7%
World computed -4.85%
East Asia & Pacific computed -5.66%
Micronesia (subregion) computed -2.42%
Budget balance — Marshall Islands, by year Marshall Islands All countries CSV XLSX
Year % Change, pp
2031 -3.7 −3.7 pp
2030 0 −0.1 pp
2029 0.1 +0 pp
2028 0.1 −0.1 pp
2027 0.2 +6.3 pp
2026 -6.1 −7.5 pp
2025 1.4 −1.2 pp
2024 2.6 +1.6 pp
2023 1 +0.5 pp
2022 0.5 +0.3 pp
2021 0.2 −2.3 pp
2020 2.5 +4.3 pp
2019 -1.8 −4.4 pp
2018 2.6 −1.8 pp
2017 4.4 +0.5 pp
2016 3.9 +1.1 pp
2015 2.8 −0.4 pp
2014 3.2 +3.4 pp
2013 -0.2 +0.6 pp
2012 -0.8 −2.9 pp
2011 2.1 −1.4 pp
2010 3.5 +2 pp
2009 1.5 −2.2 pp
2008 3.7 +3.4 pp
2007 0.3 +0.1 pp
2006 0.2 +22.5 pp
2005 -22.3 −20.7 pp
2004 -1.6 −12.1 pp
2003 10.5 +5.4 pp
2002 5.1 −2.7 pp
2001 7.8 +0 pp
2000 7.8 −1.2 pp
1999 9 −4.5 pp
1998 13.5 +5.6 pp
1997 7.9

Micronesia, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.