Government debt — all countries

Government debt — Melanesia

Government debt in Melanesia in 2031 — 41.4%. Since 1994, the indicator has risen by 0.1 pp.

2031 41.4% −2.5 pp vs 2030
World rank
Period maximum 56.3%2023
Period minimum 22.4%2011

Trend over time

1994–2031 · % of GDP

Government debt — Melanesia, 1994–2031203040506019941998200220062010201420182022202620301994: 41.3%1995: 39%1996: 40.1%1997: 44.2%1998: 42.4%1999: 39%2000: 40.1%2001: 45.4%2002: 47.2%2003: 42.4%2004: 39.9%2005: 35.5%2006: 32.7%2007: 28.5%2008: 27.7%2009: 27.1%2010: 23.9%2011: 22.4%2012: 23.4%2013: 27.7%2014: 29%2015: 31.3%2016: 34.5%2017: 33.7%2018: 36.9%2019: 38.6%2020: 48.9%2021: 54.8%2022: 52.3%2023: 56.3%2024: 55.6%2025: 54.7%2026: 53%2027: 51.2%2028: 48.8%2029: 46.3%2030: 43.8%2031: 41.4%
Change over the period: +0.1 pp Annual average: 0 pp

Comparison, 2031

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

Melanesia 41.4%
World computed 102.5%
Government debt — Melanesia, by year Melanesia All countries CSV XLSX
Year % Change, pp
2031 41.4 −2.5 pp
2030 43.8 −2.5 pp
2029 46.3 −2.5 pp
2028 48.8 −2.4 pp
2027 51.2 −1.8 pp
2026 53 −1.6 pp
2025 54.7 −1 pp
2024 55.6 −0.7 pp
2023 56.3 +4.1 pp
2022 52.3 −2.6 pp
2021 54.8 +6 pp
2020 48.9 +10.3 pp
2019 38.6 +1.7 pp
2018 36.9 +3.2 pp
2017 33.7 −0.7 pp
2016 34.5 +3.1 pp
2015 31.3 +2.3 pp
2014 29 +1.3 pp
2013 27.7 +4.3 pp
2012 23.4 +1 pp
2011 22.4 −1.5 pp
2010 23.9 −3.2 pp
2009 27.1 −0.6 pp
2008 27.7 −0.9 pp
2007 28.5 −4.1 pp
2006 32.7 −2.8 pp
2005 35.5 −4.4 pp
2004 39.9 −2.5 pp
2003 42.4 −4.7 pp
2002 47.2 +1.7 pp
2001 45.4 +5.3 pp
2000 40.1 +1.1 pp
1999 39 −3.5 pp
1998 42.4 −1.7 pp
1997 44.2 +4 pp
1996 40.1 +1.2 pp
1995 39 −2.3 pp
1994 41.3

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.