The ratio of national debt to gross domestic product (GDP) in the Marshall Islands was forecast to continuously increase between 2024 and 2029 by in total 4.3 percentage points. According to this forecast in 2029, the ratio will have increased for the fifth consecutive year to 21.57 percent. 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. (April 22, 2024). Marshall Islands: National debt in relation to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved September 13, 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. April 22, 2024. Statista. Accessed September 13, 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: September 13, 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 Apr 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 September 13, 2024)
Marshall Islands: National debt in relation to gross domestic product (GDP) from 2019 to 2029 [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/731661/national-debt-of-marshall-islands-in-relation-to-gross-domestic-product-gdp/