Micronesia Debt to GDP Ratio 2008-2024

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.
  • Micronesia debt to gdp ratio for 2020 was 25.40%, a 2.31% increase from 2019.
  • Micronesia debt to gdp ratio for 2019 was 23.10%, a 0.02% decline from 2018.
  • Micronesia debt to gdp ratio for 2018 was 23.11%, a 7.82% decline from 2017.
  • Micronesia debt to gdp ratio for 2017 was 30.94%, a 5.54% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
Bhutan 117.33%
Zambia 103.70%
Mongolia 73.94%
Kyrgyz Republic 72.23%
El Salvador 70.36%
Georgia 65.88%
Ukraine 58.72%
Papua New Guinea 48.68%
Indonesia 42.90%
Moldova 33.96%
Micronesia 25.40%
Solomon Islands 11.46%
Lesotho 2.90%
Micronesia Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2020 25.40% 2.31%
2019 23.10% -0.02%
2018 23.11% -7.82%
2017 30.94% 5.54%
2016 25.39% -4.55%
2015 29.94% 6.55%
2014 23.39% -2.93%
2013 26.32% -0.79%
2012 27.12% 1.91%
2011 25.20% 1.05%
2010 24.15% -1.29%
2009 25.44% -1.17%
2008 26.61% -1.17%