Total Expenditure (highest government level) — Value US$ in Micronesia
Micronesia: Total Expenditure (highest government level) — Value US$ was 872.12 million USD in 2024. ▲ Rising
Total Expenditure (highest government level) — Value US$ in Micronesia, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, total expenditure (highest government level) — value us$ in Micronesia stood at 872.12 million USD. That is the highest value across all 24 years on record.
The figure is up 5.1% on the previous year and up 84.5% over ten years.
Over the whole period, total expenditure (highest government level) — value us$ in Micronesia peaked at 872.12 million USD in 2024 and was at its lowest, 256.24 million USD, in 2001.
The long-run direction has been consistently rising across the 24 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 300.02 million USD | 256.24 million USD | 343.69 million USD | 9 |
| 2010s | 514.7 million USD | 365.78 million USD | 697.01 million USD | 10 |
| 2020s | 803.82 million USD | 718.17 million USD | 872.12 million USD | 5 |
Countries ranked near Micronesia
More economy & growth data for Micronesia
- GDP Deflator — Value US$, 2015 prices 133.16 USD (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 122.39 USD (2024)
- Value Added Deflator (Manufacturing) — Value US$, 2015 prices 141.7 USD (2023)
- Total FDI inflows — Value US$, 2015 prices 44.65 million USD (2023)
- Total FDI inflows — Value US$ 52.04 million USD (2023)
- Total FDI outflows — Value US$ 0.1023 million USD (2023)
- Total FDI outflows — Value US$, 2015 prices 0.0867 million USD (2023)
- Consumer Prices, General Indices (2015 = 100), median — Value 134.58 (2026)
- Consumer Prices, General Indices (2015 = 100), weighted average 131.99 (2026)
- Total Expenditure (highest government level) — Value US$, 2015 prices 665.13 million USD (2024)
Frequently asked questions
- What is total expenditure (highest government level) — value us$ in Micronesia?
- Total expenditure (highest government level) — value us$ in Micronesia was 872.12 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$ recorded in Micronesia?
- The highest recorded value was 872.12 million USD in 2024.
- What is the lowest total expenditure (highest government level) — value us$ recorded in Micronesia?
- The lowest recorded value was 256.24 million USD in 2001.
- How does Micronesia rank for total expenditure (highest government level) — value us$?
- Micronesia ranks 5th out of 5 countries with data for 2024.
- Is total expenditure (highest government level) — value us$ rising or falling in Micronesia?
- Over the last ten years it is up 84.5%. 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$. 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.