Expense in Micronesia (country)
Micronesia (country): Expense was 87.36 million current LCU in 2020. ▲ Rising
Expense in Micronesia (country), 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2020, expense in Micronesia (country) stood at 87.36 million current LCU.
That represents a change of down 6.5% on the previous year and up 75.4% over ten years.
Over the whole period, expense in Micronesia (country) peaked at 93.40 million current LCU in 2019 and was at its lowest, 46.68 million current LCU, in 2009.
Micronesia (country) ranks 156th of 157 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 13 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 47.31 million current LCU | 46.68 million current LCU | 47.93 million current LCU | 2 |
| 2010s | 67.14 million current LCU | 48.82 million current LCU | 93.40 million current LCU | 10 |
| 2020s | 87.36 million current LCU | 87.36 million current LCU | 87.36 million current LCU | 1 |
Countries ranked near Micronesia (country)
More public sector data for Micronesia (country)
- Arms imports 7.00 million SIPRI trend indicator values (2023)
- Tax revenue 7.0% (2020)
- Taxes on income, profits and capital gains 10.9% (2020)
- Taxes on goods and services 3.4% (2020)
- Net investment in nonfinancial assets 10.5% (2020)
- Net lending (+) / net borrowing (-) 6.9% (2020)
- Interest payments 0.4% (2020)
- Grants and other revenue 81.0% (2020)
- Interest payments 0.6% (2020)
- Other taxes 0.2% (2020)
Frequently asked questions
- What is expense in Micronesia (country)?
- Expense in Micronesia (country) was 87.36 million current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Micronesia (country)?
- The highest recorded value was 93.40 million current LCU in 2019.
- What is the lowest expense recorded in Micronesia (country)?
- The lowest recorded value was 46.68 million current LCU in 2009.
- How does Micronesia (country) rank for expense?
- Micronesia (country) ranks 156th out of 157 countries with data for 2020.
- Is expense rising or falling in Micronesia (country)?
- Over the last ten years it is up 75.4%. The long-run trend across the full record is rising.
- Where does this Micronesia (country) data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.