Government revenues as a share of GDP in Micronesia, Federated States of
Micronesia, Federated States of: Government revenues as a share of GDP was 33.8% in 2020. ▲ Rising
Government revenues as a share of GDP in Micronesia, Federated States of, 2008–2020
Source: International Monetary Fund – with minor processing by Our World in Data. Measured in %.
Analysis
In 2020, government revenues as a share of gdp in Micronesia, Federated States of stood at 33.8%.
Compared with earlier readings it is down 25.4% on the previous year and down 3.6% over ten years.
Over the whole period, government revenues as a share of gdp in Micronesia, Federated States of peaked at 51.3% in 2018 and was at its lowest, 23.5%, in 2008.
Micronesia, Federated States of ranks 66th of 174 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Government revenues as a share of GDP in Micronesia, Federated States of, year by year
| Year | % | Change |
|---|---|---|
| 2008 | 23.5% | — |
| 2009 | 31.8% | +35.4% |
| 2010 | 35.1% | +10.3% |
| 2011 | 33.0% | -6.1% |
| 2012 | 36.4% | +10.3% |
| 2013 | 31.6% | -13.1% |
| 2014 | 35.7% | +13.1% |
| 2015 | 34.9% | -2.4% |
| 2016 | 38.6% | +10.6% |
| 2017 | 46.6% | +20.9% |
| 2018 | 51.3% | +10.0% |
| 2019 | 45.4% | -11.5% |
| 2020 | 33.8% | -25.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.7% | 23.5% | 31.8% | 2 |
| 2010s | 38.8% | 31.6% | 51.3% | 10 |
| 2020s | 33.8% | 33.8% | 33.8% | 1 |
Countries ranked near Micronesia, Federated States of
More economy & growth data for Micronesia, Federated States of
- Industry (including construction), value added (constant 2015 US$) 19.1 % change on previous year (2025)
- Services, value added (current US$), annual growth rate 2.29 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 96.73 constant LCU per person (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 (current LCU), annual 12.46 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.0528 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 232.87 current US$ per person (2025)
Frequently asked questions
- What is government revenues as a share of gdp in Micronesia, Federated States of?
- Government revenues as a share of gdp in Micronesia, Federated States of was 33.8% in 2020, according to International Monetary Fund – with minor processing by Our World in Data.
- What is the highest government revenues as a share of gdp recorded in Micronesia, Federated States of?
- The highest recorded value was 51.3% in 2018.
- What is the lowest government revenues as a share of gdp recorded in Micronesia, Federated States of?
- The lowest recorded value was 23.5% in 2008.
- How does Micronesia, Federated States of rank for government revenues as a share of gdp?
- Micronesia, Federated States of ranks 66th out of 174 countries with data for 2020.
- Is government revenues as a share of gdp rising or falling in Micronesia, Federated States of?
- Over the last ten years it is down 3.6%. The long-run trend across the full record is rising.
- Where does this Micronesia, Federated States of data come from?
- The figures come from International Monetary Fund – with minor processing by Our World in Data, published as part of Government revenues as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales included.