Figure 3: Debt sustainability risks are worsening in the Pacific
Panel A: Worsening debt risks in the Pacific
IMF debt risk ratings
0
2
4
6
8
10
12
5
2
2
2
1
2011
4
3
2
2
1
2012
2
5
2
2
1
2013
1
5
2
3
1
2014
1
4
4
2
1
2015
1
4
4
1
2
2016
6
3
3
2017
6
3
3
2018
Sustainable
1
Low risk
Moderate risk
High risk
No rating
Panel B: Rising debt for China borrowers
General government debt
2
(% of GDP)
0
10
20
30
40
50
2011
2012
2013
2014
2015
2016
2017
2018
30.1
34.0
37.0
38.7
45.4
47.0
47.5
47.8
47.5
41.0
38.6
38.7
37.3
34.7
32.8
31.6
China borrowers with deteriorating debt risk
Other Pacific economies