Marshall Islands - Budget Deficit 2019

General government net lending/borrowing as % of GDP · IMF WEO
-1.80% −4.36% from 2018 Global rank: 95th

Marshall Islands's budget deficit was -1.80% in 2019, decreased +4.36% from 2.55% in 2018. This was the 95th highest globally.

Global Ranking - 2019
Budget Deficit by Country - 2019
RankCountryValueYoY
1st Timor-Leste -25.44% 5.4%
2nd Suriname -20.23% -136.3%
3rd Senegal -13.93% -280.3%
4th Sudan -10.78% -36.1%
5th Lebanon -10.52% 6.9%
6th Zambia -9.41% -13.2%
7th Dominica -8.72% 49.3%
8th Bahrain -8.57% 24.0%
9th Botswana -8.53% -69.6%
10th Algeria -8.51% -38.3%
11th Mauritius -8.19% -280.3%
12th Pakistan -7.79% -37.3%
13th India -7.69% -21.4%
14th Egypt, Arab Republic of -7.60% 15.4%
15th Ghana -7.52% -10.7%
16th Sri Lanka -7.52% -51.7%
17th Kenya -7.42% -6.9%
18th Bolivia, Plurinational State of -7.25% 11.3%
19th Jordan -7.19% -24.3%
20th Costa Rica -6.68% -18.1%
21st Maldives -6.54% -26.6%
22nd Burundi -6.40% 3.9%
23rd Eswatini -6.23% 5.3%
24th China -6.01% -42.9%
25th Yemen, Republic of -5.89% 25.0%
26th United States -5.81% -8.8%
27th Lesotho -5.72% -29.7%
28th Namibia -5.49% -7.8%
29th Bangladesh -5.41% -32.9%
30th Rwanda -5.08% -97.3%
31st South Africa -5.07% -35.9%
32nd Papua New Guinea -4.98% -92.9%
33rd Liberia -4.93% -4.7%
34th Brazil -4.86% 30.5%
35th Oman -4.83% 28.1%
36th Uganda -4.82% -59.3%
37th Myanmar -4.70% -69.7%
38th Türkiye -4.69% -51.4%
39th Romania -4.55% -66.3%
40th Malawi -4.55% -4.7%
41st West Bank and Gaza -4.48% -82.2%
42nd Argentina -4.45% 18.3%
43rd Australia -4.41% -250.3%
44th Iran, Islamic Republic of -4.30% -170.6%
45th Comoros -4.30% -218.9%
46th Nepal -4.27% 26.8%
47th Saudi Arabia -3.97% 23.9%
48th Guinea-Bissau -3.86% 19.0%
49th Morocco -3.80% -8.0%
50th Israel -3.79% -6.6%
51st Trinidad and Tobago -3.72% 36.9%
52nd Brunei Darussalam -3.69% -2.8%
53rd Fiji -3.65% 24.3%
54th Antigua and Barbuda -3.64% -49.8%
55th Tunisia -3.60% 15.5%
56th Niger -3.56% -18.3%
57th St. Lucia -3.51% -242.1%
58th Colombia -3.48% 25.4%
59th Ecuador -3.47% -23.7%
60th Dominican Republic -3.46% -58.9%
61st St. Vincent and the Grenadines -3.45% -109.7%
62nd Burkina Faso -3.39% 23.6%
63rd Nigeria -3.31% -7.9%
64th Cameroon -3.24% -34.7%
65th Lao PDR -3.20% 28.3%
66th Congo, Democratic Republic of -3.17% -136.4%
67th El Salvador -3.07% -13.5%
68th Japan -3.05% -23.2%
69th Spain -3.04% -18.0%
70th Belize -2.90% -112.4%
71st Panama -2.89% -0.4%
72nd Gambia, The -2.75% 30.0%
73rd Chile -2.73% -84.3%
74th Uruguay -2.71% -43.8%
75th Guyana -2.52% 0.1%
76th New Zealand -2.50% -296.5%
77th United Kingdom -2.47% -8.9%
78th Paraguay -2.44% -140.8%
79th France -2.39% -3.0%
80th Mexico -2.27% -5.9%
81st Guatemala -2.24% -18.9%
82nd Côte d'Ivoire -2.22% 23.6%
83rd Indonesia -2.09% -23.7%
84th Ukraine -2.08% 2.0%
85th Tanzania -2.06% -2.4%
86th Belgium -2.05% -95.4%
87th Tajikistan -2.04% 24.1%
88th Hungary -2.02% 1.1%
89th Malaysia -2.01% 24.1%
90th Haiti -2.00% -77.2%
91st North Macedonia -1.97% -12.1%
92nd Sierra Leone -1.95% 45.3%
93rd Albania -1.92% -20.3%
94th Georgia -1.83% -127.3%
95th Marshall Islands -1.80% -170.7%
96th Montenegro -1.74% 72.4%
97th Zimbabwe -1.72% 54.9%
98th Mali -1.68% 64.5%
99th Bahamas, The -1.68% 48.8%
100th Cabo Verde -1.62% 31.6%
101st Iceland -1.57% -267.3%
102nd Solomon Islands -1.52% -202.4%
103rd Philippines -1.50% -1.3%
104th Bhutan -1.49% 2.2%
105th Moldova -1.47% -71.9%
106th Italy -1.45% 33.9%
107th Madagascar -1.42% -6.2%
108th Peru -1.37% 29.6%
109th Slovak Republic -1.21% -19.8%
110th Nicaragua -1.12% 74.2%
111th Tuvalu -1.07% -103.5%
112th Afghanistan -1.06% -164.7%
113th Djibouti -0.98% 50.5%
114th Armenia -0.98% 44.2%
115th Bulgaria -0.96% -881.3%
116th Finland -0.93% -7.0%
117th Poland -0.73% -199.6%
118th St. Kitts and Nevis -0.70% -139.0%
119th Hong Kong SAR, China -0.58% -124.8%
120th Kazakhstan -0.57% -122.1%
121st Benin -0.53% 82.2%
122nd Turkmenistan -0.40% -87.0%
123rd Viet Nam -0.40% 61.1%
124th Latvia -0.39% 48.5%
125th Palau -0.36% -105.8%
126th Uzbekistan -0.30% -118.4%
127th Aruba -0.25% 90.7%
128th Guinea -0.17% 82.6%
129th Chad -0.11% -108.0%
130th Estonia -0.11% 90.5%
131st San Marino -0.11% 93.1%
132nd Greece -0.09% -111.1%
133rd Kyrgyz Republic -0.07% 87.5%
134th São Tomé and Principe -0.07% 96.7%
135th Canada -0.02% -104.7%
136th Serbia 0.00% -100.5%
137th South Sudan 0.04% 104.0%
138th Honduras 0.09% -54.8%
139th Portugal 0.12% 127.5%
140th Somalia, Fed. Rep. 0.28% 790.3%
141st Czechia 0.28% -67.9%
142nd Korea 0.35% -85.5%
143rd Ireland 0.41% 351.1%
144th Lithuania 0.41% -21.1%
145th Seychelles 0.42% 152.7%
146th Thailand 0.43% 110.3%
147th Sweden 0.44% -34.6%
148th Austria 0.54% 174.9%
149th Slovenia 0.68% -24.0%
150th Angola 0.69% -65.9%
151st Malta 0.72% -61.1%
152nd Iraq 0.83% -89.1%
153rd Jamaica 0.85% -23.4%
154th Belarus 0.91% -49.6%
155th Qatar 1.00% -55.8%
156th Mongolia 1.00% -64.9%
157th Cyprus 1.03% 130.7%
158th Central African Republic 1.33% 242.6%
159th Germany 1.33% -29.5%
160th Switzerland 1.34% 4.0%
161st Bosnia and Herzegovina 1.37% -16.2%
162nd Samoa 1.51% 2,543.9%
163rd Togo 1.67% 381.9%
164th Mozambique 1.70% 123.1%
165th Equatorial Guinea 1.82% 249.4%
166th Puerto Rico (US) 1.90% 7,496.0%
167th Netherlands 1.91% 27.6%
168th Russian Federation 1.93% -34.0%
169th Gabon 2.13% 1,103.3%
170th Cambodia 2.19% 687.1%
171st Andorra 2.31% -13.7%
172nd Croatia 2.31% 884.7%
173rd United Arab Emirates 2.50% -31.7%
174th Mauritania 2.65% -17.9%
175th Luxembourg 2.68% -15.6%
176th Eritrea 2.72% -48.0%
177th Vanuatu 2.81% -55.1%
178th Barbados 3.03% 986.5%
179th Tonga 3.28% 12.2%
180th Liechtenstein 3.60% 27.5%
181st Singapore 3.77% 2.4%
182nd Denmark 4.28% 428.8%
183rd Congo, Republic of 4.30% -17.6%
184th Grenada 4.96% 0.8%
185th Norway 6.52% -16.5%
186th Azerbaijan 8.96% 64.9%
187th Kiribati 10.82% 108.8%
188th Libya 11.93% 27.0%
189th Kuwait 12.97% -26.0%
190th Macao SAR, China 14.44% 8.4%
191st Micronesia, Federated States of 19.54% -20.8%
192nd Nauru 30.99% 4.8%

FAQ

What was Marshall Islands's budget deficit in 2019?

Marshall Islands's budget deficit in 2019 was -1.80%. This ranked 95th globally.

How did Marshall Islands's budget deficit change in 2019?

Marshall Islands's budget deficit decreased by 170.7% in 2019 compared to 2018.

Which country had the highest budget deficit in 2019?

Nauru had the highest budget deficit in 2019 at 30.99%.

What is the budget deficit of Marshall Islands in 2019?

The budget deficit of Marshall Islands in 2019 was -1.80%. This ranked 95th globally.

How does 2019 compare to 2018 for Marshall Islands's budget deficit?

Marshall Islands's budget deficit went from 2.55% in 2018 to -1.80% in 2019, a 170.7% decrease.