Gross debt in Federated States of Micronesia
The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.
The gross debt in Federated States of Micronesia in the period from 2008 to 2016 was between 70.0 million and 94.8 million USD. The hightest level within the past 8 years was reached in 2015. However, the liabilities in 2016 have been only 84.37 million USD
Based on the number of inhabitants, this is in Federated States of Micronesia a debt of 765 USD per person. For comparison: The average debt per person in the same year in the European Union was 31,202 USD.Back to overview: Micronesia