Africa's Development Dynamics (AfDD) Table 16 - Public finances in Micronesia
Micronesia: Africa's Development Dynamics (AfDD) Table 16 - Public finances was 66.37 Percentage of GDP in 2029. ▬ Flat
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Micronesia, 2000–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Micronesia recorded 66.37 Percentage of GDP for africa's development dynamics (afdd) table 16 - public finances in 2029.
The figure is down 0.7% on the previous year and up 15.6% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Micronesia peaked at 72.18 Percentage of GDP in 2004 and was at its lowest, 55.15 Percentage of GDP, in 2014.
Micronesia ranks 2nd of 46 groups on this measure, in the top 10%.
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Micronesia, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 68.35 Percentage of GDP | — |
| 2001 | 65.22 Percentage of GDP | -4.6% |
| 2002 | 60.16 Percentage of GDP | -7.8% |
| 2003 | 68.09 Percentage of GDP | +13.2% |
| 2004 | 72.18 Percentage of GDP | +6.0% |
| 2005 | 60.5 Percentage of GDP | -16.2% |
| 2006 | 61.41 Percentage of GDP | +1.5% |
| 2007 | 60.37 Percentage of GDP | -1.7% |
| 2008 | 60.47 Percentage of GDP | +0.2% |
| 2009 | 64.87 Percentage of GDP | +7.3% |
| 2010 | 68.67 Percentage of GDP | +5.9% |
| 2011 | 66.24 Percentage of GDP | -3.5% |
| 2012 | 66.03 Percentage of GDP | -0.3% |
| 2013 | 60.39 Percentage of GDP | -8.5% |
| 2014 | 55.15 Percentage of GDP | -8.7% |
| 2015 | 56.83 Percentage of GDP | +3.0% |
| 2016 | 63.01 Percentage of GDP | +10.9% |
| 2017 | 65.33 Percentage of GDP | +3.7% |
| 2018 | 56.94 Percentage of GDP | -12.8% |
| 2019 | 57.41 Percentage of GDP | +0.8% |
| 2020 | 60.71 Percentage of GDP | +5.7% |
| 2021 | 66.81 Percentage of GDP | +10.0% |
| 2022 | 59.25 Percentage of GDP | -11.3% |
| 2023 | 57.86 Percentage of GDP | -2.4% |
| 2024 | 59.97 Percentage of GDP | +3.7% |
| 2025 | 65.78 Percentage of GDP | +9.7% |
| 2026 | 67.02 Percentage of GDP | +1.9% |
| 2027 | 66.96 Percentage of GDP | -0.1% |
| 2028 | 66.82 Percentage of GDP | -0.2% |
| 2029 | 66.37 Percentage of GDP | -0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 64.16 Percentage of GDP | 60.16 Percentage of GDP | 72.18 Percentage of GDP | 10 |
| 2010s | 61.6 Percentage of GDP | 55.15 Percentage of GDP | 68.67 Percentage of GDP | 10 |
| 2020s | 63.76 Percentage of GDP | 57.86 Percentage of GDP | 67.02 Percentage of GDP | 10 |
Countries ranked near Micronesia
More economy & growth data for Micronesia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP -0.1764 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.7 Percent per annum (2029)
- Gross Fixed Capital Formation — Annual growth US$ 4.92 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 3.07 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 29.33 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 26.96 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 350.6 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 429.08 million USD (2024)
- Gross Domestic Product — Value US$ 1,592 million USD (2024)
- Gross Domestic Product — Annual growth US$ 7.82 % (2024)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Micronesia?
- Africa's development dynamics (afdd) table 16 - public finances in Micronesia was 66.37 Percentage of GDP in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 16 - public finances recorded in Micronesia?
- The highest recorded value was 72.18 Percentage of GDP in 2004.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Micronesia?
- The lowest recorded value was 55.15 Percentage of GDP in 2014.
- How does Micronesia rank for africa's development dynamics (afdd) table 16 - public finances?
- Micronesia ranks 2nd out of 46 groups with data for 2029.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Micronesia?
- Over the last ten years it is up 15.6%. The long-run trend across the full record is flat.
- Where does this Micronesia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 16 - Public finances — General government expenditure. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 16 shows data on public finance, including taxes, revenues, expenditure, and debt. Some of these figures are not available at the national level, but only for aggregations of groups of countries.