Central government debt, total in Micronesia, Federated States of
Micronesia, Federated States of: Central government debt, total was 27.8% in 2020. ▬ Flat
Central government debt, total in Micronesia, Federated States of, 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for central government debt, total in Micronesia, Federated States of is 27.8%, measured in 2020.
The figure is up 15.4% on the previous year and up 13.2% over ten years.
Over the whole period, central government debt, total in Micronesia, Federated States of peaked at 31.4% in 2017 and was at its lowest, 23.6%, in 2018.
Micronesia, Federated States of ranks 72nd of 83 countries on this measure, in the bottom quarter.
Central government debt, total in Micronesia, Federated States of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2008 | 26.8% | — |
| 2009 | 25.7% | -4.0% |
| 2010 | 24.6% | -4.6% |
| 2011 | 25.5% | +3.7% |
| 2012 | 27.4% | +7.5% |
| 2013 | 26.6% | -2.9% |
| 2014 | 23.6% | -11.1% |
| 2015 | 30.4% | +28.5% |
| 2016 | 25.8% | -15.1% |
| 2017 | 31.4% | +21.8% |
| 2018 | 23.6% | -25.0% |
| 2019 | 24.1% | +2.2% |
| 2020 | 27.8% | +15.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26.3% | 25.7% | 26.8% | 2 |
| 2010s | 26.3% | 23.6% | 31.4% | 10 |
| 2020s | 27.8% | 27.8% | 27.8% | 1 |
Countries ranked near Micronesia, Federated States of
More economy & growth data for Micronesia, Federated States of
- Industry (including construction), value added (current LCU), per 0.0528 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 0.0219 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), annual 19.1 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 169.45 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant 2015 US$) 0.0384 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 19.1 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 232.87 current LCU per person (2025)
- Industry (including construction), value added (current US$), per 0.0528 current US$ per US$ of GDP (2025)
- Manufacturing, value added (constant LCU), per capita 11.8 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 12.46 % change on previous year (2025)
Frequently asked questions
- What is central government debt, total in Micronesia, Federated States of?
- Central government debt, total in Micronesia, Federated States of was 27.8% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest central government debt, total recorded in Micronesia, Federated States of?
- The highest recorded value was 31.4% in 2017.
- What is the lowest central government debt, total recorded in Micronesia, Federated States of?
- The lowest recorded value was 23.6% in 2018.
- How does Micronesia, Federated States of rank for central government debt, total?
- Micronesia, Federated States of ranks 72nd out of 83 countries with data for 2020.
- Is central government debt, total rising or falling in Micronesia, Federated States of?
- Over the last ten years it is up 13.2%. The long-run trend across the full record is flat.
- Where does this Micronesia, Federated States of data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Central government debt, total (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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 flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.