Expense in Micronesia, Federated States of
Micronesia, Federated States of: Expense was 23.4% in 2020. ▲ Rising
Expense 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 expense in Micronesia, Federated States of is 23.4%, measured in 2020.
That represents a change of down 0.9% on the previous year and up 37.3% over ten years.
Over the whole period, expense in Micronesia, Federated States of peaked at 23.6% in 2019 and was at its lowest, 15.8%, in 2011.
That places Micronesia, Federated States of 95th out of 157 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Expense in Micronesia, Federated States of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2008 | 18.4% | — |
| 2009 | 16.9% | -8.2% |
| 2010 | 17.1% | +1.2% |
| 2011 | 15.8% | -7.1% |
| 2012 | 17.6% | +11.2% |
| 2013 | 18.4% | +4.3% |
| 2014 | 18.3% | -0.5% |
| 2015 | 20.9% | +14.6% |
| 2016 | 22.5% | +7.5% |
| 2017 | 22.5% | -0.0% |
| 2018 | 21.9% | -2.5% |
| 2019 | 23.6% | +7.8% |
| 2020 | 23.4% | -0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.6% | 16.9% | 18.4% | 2 |
| 2010s | 19.9% | 15.8% | 23.6% | 10 |
| 2020s | 23.4% | 23.4% | 23.4% | 1 |
Countries ranked near Micronesia, Federated States of
More economy & growth data for Micronesia, Federated States of
- GNI (current US$), annual growth rate 2.72 % change on previous year (2025)
- GNI, Atlas method (current US$), per capita 4,763 current US$ per person (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.08 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), annual growth rate 6.45 % change on previous year (2025)
- Services, value added 327.49 million current US$ (2025)
- Industry (including construction), value added 26.47 million current US$ (2025)
- Industry (including construction), value added 26.47 million current LCU (2025)
- Industry (including construction), value added 19.26 million constant 2015 US$ (2025)
- Industry (including construction), value added 19.1% (2025)
- Industry (including construction), value added 11.00 million constant LCU (2025)
Frequently asked questions
- What is expense in Micronesia, Federated States of?
- Expense in Micronesia, Federated States of was 23.4% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Micronesia, Federated States of?
- The highest recorded value was 23.6% in 2019.
- What is the lowest expense recorded in Micronesia, Federated States of?
- The lowest recorded value was 15.8% in 2011.
- How does Micronesia, Federated States of rank for expense?
- Micronesia, Federated States of ranks 95th out of 157 countries with data for 2020.
- Is expense rising or falling in Micronesia, Federated States of?
- Over the last ten years it is up 37.3%. The long-run trend across the full record is rising.
- 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 Expense (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Expense is a decrease in net worth resulting from a transaction. 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.