Revenue from corporate income taxes as a share of GDP in Micronesia, Federated States of
Micronesia, Federated States of: Revenue from corporate income taxes as a share of GDP was 7.2% in 2016. ▬ Flat
Latest (2016)
7.2%
Change on year
up 5.3%
World rank
4th
of 163 countries
All-time high
13.8%
in 2014
All-time low
4.6%
in 2002
Years of data
23
1992–2016
Revenue from corporate income taxes as a share of GDP in Micronesia, Federated States of, 1992–2016
Source: International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for revenue from corporate income taxes as a share of gdp in Micronesia, Federated States of is 7.2%, measured in 2016.
The figure is up 5.3% on the previous year and up 26.0% over ten years.
Over the whole period, revenue from corporate income taxes as a share of gdp in Micronesia, Federated States of peaked at 13.8% in 2014 and was at its lowest, 4.6%, in 2002.
Micronesia, Federated States of ranks 4th of 163 countries on this measure, in the top 10%.
Revenue from corporate income taxes as a share of GDP in Micronesia, Federated States of, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 8.7% | — |
| 1993 | 8.4% | -3.1% |
| 1994 | 8.0% | -5.4% |
| 1995 | 6.9% | -13.6% |
| 1996 | 8.4% | +21.9% |
| 1999 | 5.4% | -35.9% |
| 2000 | 5.7% | +6.0% |
| 2001 | 5.1% | -10.2% |
| 2002 | 4.6% | -9.3% |
| 2003 | 4.7% | +0.1% |
| 2004 | 5.4% | +16.8% |
| 2005 | 5.6% | +3.3% |
| 2006 | 5.7% | +1.6% |
| 2007 | 5.6% | -2.5% |
| 2008 | 5.1% | -8.1% |
| 2009 | 5.5% | +6.9% |
| 2010 | 5.9% | +8.4% |
| 2011 | 6.3% | +6.9% |
| 2012 | 6.3% | +0.2% |
| 2013 | 6.8% | +7.6% |
| 2014 | 13.8% | +102.4% |
| 2015 | 6.8% | -50.7% |
| 2016 | 7.2% | +5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.6% | 5.4% | 8.7% | 6 |
| 2000s | 5.3% | 4.6% | 5.7% | 10 |
| 2010s | 7.6% | 5.9% | 13.8% | 7 |
Countries ranked near Micronesia, Federated States of
- 1 Brunei Darussalam 20.7% compare
- 2 Botswana 10.3%
- 3 Kazakhstan 8.3% compare
- 5 Equatorial Guinea 6.9% compare
- 6 Trinidad and Tobago 6.7% compare
- 7 Malta 6.5% compare
More economy & growth data for Micronesia, Federated States of
- Industry (including construction), value added (current LCU), annual 12.46 % change on previous year (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$) 19.1 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 232.87 current LCU per person (2025)
- Industry (including construction), value added (current LCU), per 0.0528 current LCU per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 17.31 constant 2015 US$ per person (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 revenue from corporate income taxes as a share of gdp in Micronesia, Federated States of?
- Revenue from corporate income taxes as a share of gdp in Micronesia, Federated States of was 7.2% in 2016, according to International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data.
- What is the highest revenue from corporate income taxes as a share of gdp recorded in Micronesia, Federated States of?
- The highest recorded value was 13.8% in 2014.
- What is the lowest revenue from corporate income taxes as a share of gdp recorded in Micronesia, Federated States of?
- The lowest recorded value was 4.6% in 2002.
- How does Micronesia, Federated States of rank for revenue from corporate income taxes as a share of gdp?
- Micronesia, Federated States of ranks 4th out of 163 countries with data for 2016.
- Is revenue from corporate income taxes as a share of gdp rising or falling in Micronesia, Federated States of?
- Over the last ten years it is up 26.0%. The long-run trend across the full record is flat.
- Where does this Micronesia, Federated States of data come from?
- The figures come from International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data, published as part of Revenue from corporate income taxes as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Corporate income taxes include natural resources taxes.