Government debt — all countries

Government debt — Micronesia

Government debt in Micronesia in 2031 — 9.5%. Ranked 7 in the world out of 184. Since 1995, the indicator has fallen by 44.4 pp.

2031 9.5% +0.4 pp vs 2030
World rank 7of 184
Period maximum 53.9%1995
Period minimum 7.3%2027

Trend over time

1995–2031 · % of GDP

Government debt — Micronesia, 1995–2031020406019951999200320072011201520192023202720311995: 53.9%1996: 43.4%1997: 47.2%1998: 42.1%1999: 35.9%2000: 27.1%2001: 23.8%2002: 24.3%2003: 24.9%2004: 25.7%2005: 25%2006: 25.4%2007: 26%2008: 29.2%2009: 31.1%2010: 29.4%2011: 28.6%2012: 27.3%2013: 27.9%2014: 28.4%2015: 26%2016: 24.6%2017: 23.9%2018: 21%2019: 19.8%2020: 21.5%2021: 17%2022: 15.1%2023: 12.8%2024: 10.4%2025: 8.9%2026: 7.5%2027: 7.3%2028: 7.7%2029: 8.4%2030: 9.1%2031: 9.5%
Change over the period: −44.4 pp Annual average: -1.23 pp

Comparison, 2031

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

Micronesia 9.5%
World computed 102.5%
East Asia & Pacific computed 113.3%
Micronesia (subregion) computed 20.4%
Government debt — Micronesia, by year Micronesia All countries CSV XLSX
Year % Change, pp
2031 9.5 +0.4 pp
2030 9.1 +0.7 pp
2029 8.4 +0.7 pp
2028 7.7 +0.4 pp
2027 7.3 −0.2 pp
2026 7.5 −1.4 pp
2025 8.9 −1.5 pp
2024 10.4 −2.4 pp
2023 12.8 −2.3 pp
2022 15.1 −1.9 pp
2021 17 −4.5 pp
2020 21.5 +1.7 pp
2019 19.8 −1.2 pp
2018 21 −2.9 pp
2017 23.9 −0.7 pp
2016 24.6 −1.4 pp
2015 26 −2.4 pp
2014 28.4 +0.5 pp
2013 27.9 +0.6 pp
2012 27.3 −1.3 pp
2011 28.6 −0.8 pp
2010 29.4 −1.7 pp
2009 31.1 +1.9 pp
2008 29.2 +3.2 pp
2007 26 +0.6 pp
2006 25.4 +0.4 pp
2005 25 −0.7 pp
2004 25.7 +0.8 pp
2003 24.9 +0.6 pp
2002 24.3 +0.5 pp
2001 23.8 −3.3 pp
2000 27.1 −8.8 pp
1999 35.9 −6.2 pp
1998 42.1 −5.1 pp
1997 47.2 +3.8 pp
1996 43.4 −10.5 pp
1995 53.9

Micronesia, 2031

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

About the indicator

Gross general government debt as a percent of GDP from the IMF World Economic Outlook database: all liabilities that require future payments of interest and/or principal. It covers the central government, regional and local budgets and extrabudgetary funds where the data allow. The threshold of 60% of GDP is used in the EU Maastricht criteria as a benchmark of sustainability.

Important: The coverage of the government sector differs between countries; when levels are compared, it matters whether regional budgets are included.

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