The ratio of national debt to gross domestic product (GDP) in the Marshall Islands was forecast to continuously decrease between 2024 and 2029 by in total 11.3 percentage points. After the tenth consecutive decreasing year, the ratio is estimated to reach 5.8 percent and therefore a new minimum in 2029. This indicator describes the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.
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IMF. (October 22, 2024). Marshall Islands: National debt in relation to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/731661/national-debt-of-marshall-islands-in-relation-to-gross-domestic-product-gdp/
IMF. "Marshall Islands: National debt in relation to gross domestic product (GDP) from 2019 to 2029." Chart. October 22, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/731661/national-debt-of-marshall-islands-in-relation-to-gross-domestic-product-gdp/
IMF. (2024). Marshall Islands: National debt in relation to gross domestic product (GDP) from 2019 to 2029. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/731661/national-debt-of-marshall-islands-in-relation-to-gross-domestic-product-gdp/
IMF. "Marshall Islands: National Debt in Relation to Gross Domestic Product (Gdp) from 2019 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/731661/national-debt-of-marshall-islands-in-relation-to-gross-domestic-product-gdp/
IMF, Marshall Islands: National debt in relation to gross domestic product (GDP) from 2019 to 2029 Statista, https://www.statista.com/statistics/731661/national-debt-of-marshall-islands-in-relation-to-gross-domestic-product-gdp/ (last visited November 21, 2024)
Marshall Islands: National debt in relation to gross domestic product (GDP) from 2019 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/731661/national-debt-of-marshall-islands-in-relation-to-gross-domestic-product-gdp/