Figure 8: Illustrative scenarios for Pacific debt sustainability to 2024
Public and publicly guaranteed debt, % of GDP
Existing
debtors
to China
Potential
new borrowers
from China
52.4
19.5
Vanuatu
49.2
11.4
Tonga
50.1
11.5
Samoa
36.8
18.3
1.8
Papua New Guinea
49.8
Fiji
29.9
1.8
Cook Islands
61.5
11.5
Nauru
21.9
29.3
11.5
Kiribati
30.8
11.5
1.8
Palau
11.9
8.0
11.5
1.8
Solomon Islands
28.0
-24.0
11.5
Tuvalu
23.4
11.5
Marshall Islands
20.2
-3.7
11.5
Micronesia
-50
-25
0
25
50
75
Current (2018)
Baseline projection
1
Additional China debt
2
New Australian loans
3