Central government debt in Oceania

8 countries in Oceania, 2019. Unit: % of GDP. World ranking →

First in the ranking

7.7 %

Solomon Islands

Median country

40.9 %

half above, half below

Range

7.7 to 85.2

Solomon Islands - Palau

How to read it

Across 8 countries in Oceania, the highest value is in Palau (85.2 %) and the lowest in Solomon Islands (7.7 %).

The median country is at 40.9 %: half are above, half below.

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a…

Compare selected countries · on the world map

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) · via World Bank WDI (GC.DOD.TOTL.GD.ZS) · licence

Government debt over time

Ranking of countries

2019

In chart
Solomon Islands in chart	1	Solomon Islands	7.7
Federated States of Micronesia in chart	2	Federated States of Micronesia	24.1
New Zealand in chart	3	New Zealand	32.8
Papua New Guinea in chart	4	Papua New Guinea	40.2
Marshall Islands in chart	5	Marshall Islands	41.6
Tonga in chart	6	Tonga	43.1
Australia in chart	7	Australia	60.0
Palau in chart	8	Palau	85.2

World Bank, WDI · GC.DOD.TOTL.GD.ZS · 2019 · CC BY 4.0 Source and licence

Tick a country in the table to add it to the chart above, up to six at a time. The ranking uses the latest year for which at least half of the countries have a value; countries without a value that year are not listed.