Interest payments in Marshall Islands
Marshall Islands: Interest payments was 664,000 current LCU in 2020. ▼ Falling
Interest payments in Marshall Islands, 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Marshall Islands recorded 664,000 current LCU for interest payments in 2020.
Compared with earlier readings it is up 10.2% on the previous year and down 25.6% over ten years.
Over the whole period, interest payments in Marshall Islands peaked at 1.43 million current LCU in 2012 and was at its lowest, 602,484 current LCU, in 2019.
Marshall Islands ranks 153rd of 155 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 13 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.11 million current LCU | 896,686 current LCU | 1.32 million current LCU | 2 |
| 2010s | 904,970 current LCU | 602,484 current LCU | 1.43 million current LCU | 10 |
| 2020s | 664,000 current LCU | 664,000 current LCU | 664,000 current LCU | 1 |
Countries ranked near Marshall Islands
- 150 Kiribati 2.77 million current LCU compare
- 151 East Timor 2.24 million current LCU compare
- 152 Palau 765,000 current LCU compare
- 154 Micronesia (country) 523,714 current LCU compare
- 155 Zimbabwe 304,678 current LCU compare
More public sector data for Marshall Islands
- Tax revenue 17.2% (2020)
- Taxes on income, profits and capital gains 9.7% (2020)
- Taxes on goods and services 8.4% (2020)
- Net investment in nonfinancial assets 8.8% (2020)
- Net lending (+) / net borrowing (-) 5.0% (2020)
- Interest payments 0.4% (2020)
- Grants and other revenue 75.8% (2020)
- Interest payments 0.5% (2020)
- Other taxes 0.8% (2020)
- Compensation of employees 35.3% (2020)
Frequently asked questions
- What is interest payments in Marshall Islands?
- Interest payments in Marshall Islands was 664,000 current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Marshall Islands?
- The highest recorded value was 1.43 million current LCU in 2012.
- What is the lowest interest payments recorded in Marshall Islands?
- The lowest recorded value was 602,484 current LCU in 2019.
- How does Marshall Islands rank for interest payments?
- Marshall Islands ranks 153rd out of 155 countries with data for 2020.
- Is interest payments rising or falling in Marshall Islands?
- Over the last ten years it is down 25.6%. The long-run trend across the full record is falling.
- Where does this Marshall Islands data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.