Interest payments in Marshall Islands
Marshall Islands: Interest payments was 0.4% in 2020. ▼ Falling
Interest payments in Marshall Islands, 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for interest payments in Marshall Islands is 0.4%, measured in 2020. That is the lowest value across all 13 years on record.
Compared with earlier readings it is down 4.5% on the previous year and down 56.1% over ten years.
Over the whole period, interest payments in Marshall Islands peaked at 1.5% in 2012 and was at its lowest, 0.4%, in 2020.
That places Marshall Islands 151st out of 155 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 13 years of available data.
Interest payments in Marshall Islands, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2008 | 1.3% | — |
| 2009 | 0.9% | -30.6% |
| 2010 | 0.9% | -3.8% |
| 2011 | 1.4% | +61.0% |
| 2012 | 1.5% | +6.2% |
| 2013 | 1.1% | -24.0% |
| 2014 | 0.8% | -33.1% |
| 2015 | 0.7% | -12.2% |
| 2016 | 0.6% | -7.6% |
| 2017 | 0.4% | -29.3% |
| 2018 | 0.5% | +4.8% |
| 2019 | 0.4% | -12.0% |
| 2020 | 0.4% | -4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.1% | 0.9% | 1.3% | 2 |
| 2010s | 0.8% | 0.4% | 1.5% | 10 |
| 2020s | 0.4% | 0.4% | 0.4% | 1 |
Countries ranked near Marshall Islands
- 148 Iran, Islamic Republic of 0.6%
- 149 Congo, Democratic Republic of the 0.5% compare
- 150 Singapore 0.5% compare
- 152 Micronesia, Federated States of 0.4% compare
- 153 Timor-Leste 0.1% compare
- 154 Afghanistan 0.1% 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)
- Grants and other revenue 75.8% (2020)
- Interest payments 0.5% (2020)
- Other taxes 0.8% (2020)
- Compensation of employees 35.3% (2020)
- Goods and services expense 25.9% (2020)
Frequently asked questions
- What is interest payments in Marshall Islands?
- Interest payments in Marshall Islands was 0.4% 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 1.5% in 2012.
- What is the lowest interest payments recorded in Marshall Islands?
- The lowest recorded value was 0.4% in 2020.
- How does Marshall Islands rank for interest payments?
- Marshall Islands ranks 151st 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 56.1%. 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 (% of revenue). Statizoid updates them automatically from the source API.
Download this data
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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.