Total Expenditure (central government) — Value US$, 2015 prices in Micronesia (Federated States of)
Micronesia (Federated States of): Total Expenditure (central government) — Value US$, 2015 prices was 76.83 million USD in 2020. ▲ Rising
Total Expenditure (central government) — Value US$, 2015 prices in Micronesia (Federated States of), 2008–2020
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2020, total expenditure (central government) — value us$, 2015 prices in Micronesia (Federated States of) stood at 76.83 million USD.
Compared with earlier readings it is down 2.9% on the previous year and up 44.3% over ten years.
Over the whole period, total expenditure (central government) — value us$, 2015 prices in Micronesia (Federated States of) peaked at 79.11 million USD in 2019 and was at its lowest, 51.37 million USD, in 2011.
The long-run direction has been consistently rising across the 13 years of available data.
Total Expenditure (central government) — Value US$, 2015 prices in Micronesia (Federated States of), year by year
| Year | million USD | Change |
|---|---|---|
| 2008 | 55.94 million USD | — |
| 2009 | 51.71 million USD | -7.6% |
| 2010 | 53.26 million USD | +3.0% |
| 2011 | 51.37 million USD | -3.5% |
| 2012 | 56.08 million USD | +9.2% |
| 2013 | 56.34 million USD | +0.5% |
| 2014 | 54.75 million USD | -2.8% |
| 2015 | 65.36 million USD | +19.4% |
| 2016 | 72.07 million USD | +10.3% |
| 2017 | 72.59 million USD | +0.7% |
| 2018 | 70.71 million USD | -2.6% |
| 2019 | 79.11 million USD | +11.9% |
| 2020 | 76.83 million USD | -2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 53.83 million USD | 51.71 million USD | 55.94 million USD | 2 |
| 2010s | 63.16 million USD | 51.37 million USD | 79.11 million USD | 10 |
| 2020s | 76.83 million USD | 76.83 million USD | 76.83 million USD | 1 |
Countries ranked near Micronesia (Federated States of)
- 9 India 421,000 million USD compare
- 9 Lao People's Democratic Republic 2,461 million USD compare
- 10 Australia 393,801 million USD compare
- 10 Republic of Moldova 2,306 million USD compare
- 11 Russian Federation 331,764 million USD compare
- 11 Timor-Leste 1,004 million USD compare
- 12 Spain 319,768 million USD compare
- 13 Canada 310,990 million USD compare
- 14 Mexico 305,963 million USD compare
- 15 Netherlands (Kingdom of the) 276,333 million USD compare
More economy & growth data for Micronesia (Federated States of)
- Gross Domestic Product — Annual growth Standard Local Currency 6.2 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.2474 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 0.7191 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 5.7 % (2024)
- Gross Domestic Product — Annual growth US$ 6.2 % (2024)
- Gross Domestic Product — Annual growth Standard Local Currency, 2015 0.7191 % (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 338.76 million SLC (2024)
- Gross Domestic Product — Value US$ 488.5 million USD (2024)
- Gross Domestic Product — Value US$ per capita 4,317 USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 140.24 million SLC (2024)
Frequently asked questions
- What is total expenditure (central government) — value us$, 2015 prices in Micronesia (Federated States of)?
- Total expenditure (central government) — value us$, 2015 prices in Micronesia (Federated States of) was 76.83 million USD in 2020, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value us$, 2015 prices recorded in Micronesia (Federated States of)?
- The highest recorded value was 79.11 million USD in 2019.
- What is the lowest total expenditure (central government) — value us$, 2015 prices recorded in Micronesia (Federated States of)?
- The lowest recorded value was 51.37 million USD in 2011.
- How does Micronesia (Federated States of) rank for total expenditure (central government) — value us$, 2015 prices?
- Micronesia (Federated States of) ranks 12th out of 12 countries with data for 2020.
- Is total expenditure (central government) — value us$, 2015 prices rising or falling in Micronesia (Federated States of)?
- Over the last ten years it is up 44.3%. The long-run trend across the full record is rising.
- Where does this Micronesia (Federated States of) data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.