Total Expenditure (highest government level) — Value US$, 2015 prices in Micronesia
Micronesia: Total Expenditure (highest government level) — Value US$, 2015 prices was 665.13 million USD in 2024. ▲ Rising
Total Expenditure (highest government level) — Value US$, 2015 prices in Micronesia, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for total expenditure (highest government level) — value us$, 2015 prices in Micronesia is 665.13 million USD, measured in 2024. That is the highest value across all 24 years on record.
The figure is up 0.5% on the previous year and up 52.8% over ten years.
Over the whole period, total expenditure (highest government level) — value us$, 2015 prices in Micronesia peaked at 665.13 million USD in 2024 and was at its lowest, 367.38 million USD, in 2009.
That places Micronesia 26th out of 26 regions with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 388.84 million USD | 367.38 million USD | 400.66 million USD | 9 |
| 2010s | 480.66 million USD | 380.32 million USD | 653.54 million USD | 10 |
| 2020s | 655.35 million USD | 646.28 million USD | 665.13 million USD | 5 |
More economy & growth data for Micronesia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP -0.1764 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.7 Percent per annum (2029)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 2.39 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 1,195 million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 3,796 USD (2024)
- Gross Domestic Product — Value US$ per capita 5,055 USD (2024)
- Gross Domestic Product — Value US$ 1,592 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 4.92 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 29.33 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 26.96 % (2024)
Frequently asked questions
- What is total expenditure (highest government level) — value us$, 2015 prices in Micronesia?
- Total expenditure (highest government level) — value us$, 2015 prices in Micronesia was 665.13 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (highest government level) — value us$, 2015 prices recorded in Micronesia?
- The highest recorded value was 665.13 million USD in 2024.
- What is the lowest total expenditure (highest government level) — value us$, 2015 prices recorded in Micronesia?
- The lowest recorded value was 367.38 million USD in 2009.
- How does Micronesia rank for total expenditure (highest government level) — value us$, 2015 prices?
- Micronesia ranks 26th out of 26 regions with data for 2024.
- Is total expenditure (highest government level) — value us$, 2015 prices rising or falling in Micronesia?
- Over the last ten years it is up 52.8%. The long-run trend across the full record is rising.
- Where does this Micronesia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (highest government level) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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.