Share of government expenditure going to interest payments in Marshall Islands
Marshall Islands: Share of government expenditure going to interest payments was 0.462 in 2020. ▼ Falling
Share of government expenditure going to interest payments in Marshall Islands, 2008–2020
Source: Our World in Data.
Analysis
In 2020, share of government expenditure going to interest payments in Marshall Islands stood at 0.462.
The figure is up 16.6% on the previous year and down 54.7% over ten years.
Over the whole period, share of government expenditure going to interest payments in Marshall Islands peaked at 1.52 in 2011 and was at its lowest, 0.3963, in 2019.
Marshall Islands ranks 147th of 152 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 13 years of available data.
Share of government expenditure going to interest payments in Marshall Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 1.45 | — |
| 2009 | 0.9919 | -31.6% |
| 2010 | 1.02 | +2.8% |
| 2011 | 1.52 | +48.9% |
| 2012 | 1.49 | -2.1% |
| 2013 | 1.16 | -21.9% |
| 2014 | 0.8193 | -29.4% |
| 2015 | 0.7206 | -12.0% |
| 2016 | 0.6706 | -6.9% |
| 2017 | 0.4937 | -26.4% |
| 2018 | 0.4713 | -4.5% |
| 2019 | 0.3963 | -15.9% |
| 2020 | 0.462 | +16.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.22 | 0.9919 | 1.45 | 2 |
| 2010s | 0.8754 | 0.3963 | 1.52 | 10 |
| 2020s | 0.462 | 0.462 | 0.462 | 1 |
Countries ranked near Marshall Islands
- 144 Luxembourg 0.6004 compare
- 145 Micronesia, Federated States of 0.5995 compare
- 146 Palau 0.501 compare
- 148 Singapore 0.44 compare
- 149 Afghanistan 0.1342 compare
- 150 Timor-Leste 0.1333 compare
More reference data data for Marshall Islands
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) (AR5) - IPCC Agriculture 0 (2019)
- Universal suffrage lexical 2 (2025)
- Universal right to vote in practice 2 (2025)
- Political regime fh 2 (2025)
- Civil liberties rating fh 1 (2025)
- Universal suffrage men lexical 1 (2025)
Frequently asked questions
- What is share of government expenditure going to interest payments in Marshall Islands?
- Share of government expenditure going to interest payments in Marshall Islands was 0.462 in 2020, according to Our World in Data.
- What is the highest share of government expenditure going to interest payments recorded in Marshall Islands?
- The highest recorded value was 1.52 in 2011.
- What is the lowest share of government expenditure going to interest payments recorded in Marshall Islands?
- The lowest recorded value was 0.3963 in 2019.
- How does Marshall Islands rank for share of government expenditure going to interest payments?
- Marshall Islands ranks 147th out of 152 countries with data for 2020.
- Is share of government expenditure going to interest payments rising or falling in Marshall Islands?
- Over the last ten years it is down 54.7%. The long-run trend across the full record is falling.
- Where does this Marshall Islands data come from?
- The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.
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