Total Expenditure (central government) — Value US$ in Micronesia (Federated States of)
Micronesia (Federated States of): Total Expenditure (central government) — Value US$ was 87.36 million USD in 2020. ▲ Rising
Total Expenditure (central government) — Value US$ 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$ in Micronesia (Federated States of) stood at 87.36 million USD.
The figure is down 6.5% on the previous year and up 75.4% over ten years.
Over the whole period, total expenditure (central government) — value us$ in Micronesia (Federated States of) peaked at 93.4 million USD in 2019 and was at its lowest, 46.68 million USD, in 2009.
The long-run direction has been consistently rising across the 13 years of available data.
Total Expenditure (central government) — Value US$ in Micronesia (Federated States of), year by year
| Year | million USD | Change |
|---|---|---|
| 2008 | 47.93 million USD | — |
| 2009 | 46.68 million USD | -2.6% |
| 2010 | 49.81 million USD | +6.7% |
| 2011 | 48.82 million USD | -2.0% |
| 2012 | 57.09 million USD | +16.9% |
| 2013 | 57.72 million USD | +1.1% |
| 2014 | 57.79 million USD | +0.1% |
| 2015 | 65.36 million USD | +13.1% |
| 2016 | 73.65 million USD | +12.7% |
| 2017 | 81.27 million USD | +10.3% |
| 2018 | 86.44 million USD | +6.4% |
| 2019 | 93.4 million USD | +8.1% |
| 2020 | 87.36 million USD | -6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 47.3 million USD | 46.68 million USD | 47.93 million USD | 2 |
| 2010s | 67.14 million USD | 48.82 million USD | 93.4 million USD | 10 |
| 2020s | 87.36 million USD | 87.36 million USD | 87.36 million USD | 1 |
Countries ranked near Micronesia (Federated States of)
- 9 Republic of Korea 440,599 million USD compare
- 10 India 440,349 million USD compare
- 11 Russian Federation 431,018 million USD compare
- 11 Timor-Leste 991.77 million USD compare
- 12 Mexico 420,014 million USD compare
- 13 Spain 386,635 million USD compare
- 14 Canada 379,546 million USD compare
- 15 Saudi Arabia 366,592 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$ in Micronesia (Federated States of)?
- Total expenditure (central government) — value us$ in Micronesia (Federated States of) was 87.36 million USD in 2020, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value us$ recorded in Micronesia (Federated States of)?
- The highest recorded value was 93.4 million USD in 2019.
- What is the lowest total expenditure (central government) — value us$ recorded in Micronesia (Federated States of)?
- The lowest recorded value was 46.68 million USD in 2009.
- How does Micronesia (Federated States of) rank for total expenditure (central government) — value us$?
- Micronesia (Federated States of) ranks 12th out of 12 regions with data for 2020.
- Is total expenditure (central government) — value us$ rising or falling in Micronesia (Federated States of)?
- Over the last ten years it is up 75.4%. 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$. 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.