Share of central government spending funded by taxes in Micronesia, Federated States of
Micronesia, Federated States of: Share of central government spending funded by taxes was 23.4% in 2020. ◆ Volatile
Share of central government spending funded by taxes in Micronesia, Federated States of, 2008–2020
Source: International Monetary Fund – with minor processing by Our World in Data. Measured in %.
Analysis
The most recent figure for share of central government spending funded by taxes in Micronesia, Federated States of is 23.4%, measured in 2020.
Compared with earlier readings it is down 65.3% on the previous year and up 71.4% over ten years.
Over the whole period, share of central government spending funded by taxes in Micronesia, Federated States of peaked at 93.6% in 2018 and was at its lowest, 13.7%, in 2010.
Micronesia, Federated States of ranks 166th of 174 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Share of central government spending funded by taxes in Micronesia, Federated States of, year by year
| Year | % | Change |
|---|---|---|
| 2008 | 18.8% | — |
| 2009 | 14.7% | -21.9% |
| 2010 | 13.7% | -6.8% |
| 2011 | 15.2% | +11.6% |
| 2012 | 14.4% | -5.3% |
| 2013 | 19.5% | +34.9% |
| 2014 | 56.3% | +189.2% |
| 2015 | 22.9% | -59.4% |
| 2016 | 19.6% | -14.1% |
| 2017 | 30.7% | +56.5% |
| 2018 | 93.6% | +204.5% |
| 2019 | 67.6% | -27.8% |
| 2020 | 23.4% | -65.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.7% | 14.7% | 18.8% | 2 |
| 2010s | 35.4% | 13.7% | 93.6% | 10 |
| 2020s | 23.4% | 23.4% | 23.4% | 1 |
Countries ranked near Micronesia, Federated States of
- 163 Marshall Islands 26.1% compare
- 164 Montserrat 25.3% compare
- 165 Saudi Arabia 24.5% compare
- 167 Nigeria 23.2% compare
- 168 Yemen 20.8% compare
- 169 Afghanistan 20.6% compare
More economy & growth data for Micronesia, Federated States of
- Industry (including construction), value added (current LCU), per 232.87 current LCU per person (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 (constant 2015 US$) 19.1 % change on previous year (2025)
- Industry (including construction), value added (current US$), 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 share of central government spending funded by taxes in Micronesia, Federated States of?
- Share of central government spending funded by taxes in Micronesia, Federated States of was 23.4% in 2020, according to International Monetary Fund – with minor processing by Our World in Data.
- What is the highest share of central government spending funded by taxes recorded in Micronesia, Federated States of?
- The highest recorded value was 93.6% in 2018.
- What is the lowest share of central government spending funded by taxes recorded in Micronesia, Federated States of?
- The lowest recorded value was 13.7% in 2010.
- How does Micronesia, Federated States of rank for share of central government spending funded by taxes?
- Micronesia, Federated States of ranks 166th out of 174 countries with data for 2020.
- Is share of central government spending funded by taxes rising or falling in Micronesia, Federated States of?
- Over the last ten years it is up 71.4%. The long-run trend across the full record is volatile.
- 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 Share of central government spending funded by taxes. Statizoid updates them automatically from the source API.
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About this data
Spending refers to the budgetary central government which includes the core institutions of the national government. Funds only include taxes; Fines, penalties, and most social security contributions are excluded.