Expense in Micronesia (country)

Micronesia (country): Expense was 23.4% in 2020. ▲ Rising

Latest (2020)
23.4%
Change on year
down 0.9%
World rank
95th
of 157 countries
All-time high
23.6%
in 2019
All-time low
15.8%
in 2011
Years of data
13
2008–2020

Expense in Micronesia (country), 2008–2020

05101520252008201420202008: 18.4 % of GDP2009: 16.9 % of GDP2010: 17.1 % of GDP2011: 15.8 % of GDP2012: 17.6 % of GDP2013: 18.4 % of GDP2014: 18.3 % of GDP2015: 20.9 % of GDP2016: 22.5 % of GDP2017: 22.5 % of GDP2018: 21.9 % of GDP2019: 23.6 % of GDP2020: 23.4 % of GDP

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

The most recent figure for expense in Micronesia (country) is 23.4%, measured in 2020.

That represents a change of down 0.9% on the previous year and up 37.3% over ten years.

Over the whole period, expense in Micronesia (country) peaked at 23.6% in 2019 and was at its lowest, 15.8%, in 2011.

That places Micronesia (country) 95th out of 157 countries with data for 2020, putting it in the middle of the range.

The long-run direction has been consistently rising across the 13 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 17.6% 16.9% 18.4% 2
2010s 19.9% 15.8% 23.6% 10
2020s 23.4% 23.4% 23.4% 1

Countries ranked near Micronesia (country)

  1. 92 Bhutan 24.1% compare
  2. 93 Kyrgyzstan 23.7% compare
  3. 94 Senegal 23.6% compare
  4. 96 Azerbaijan 23.0% compare
  5. 97 Peru 22.8% compare
  6. 98 Ghana 22.7% compare

See the full ranking of 183 places →

More economy & growth data for Micronesia (country)

All data for Micronesia (country) →

Frequently asked questions

What is expense in Micronesia (country)?
Expense in Micronesia (country) was 23.4% 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 23.6% in 2019.
What is the lowest expense recorded in Micronesia (country)?
The lowest recorded value was 15.8% in 2011.
How does Micronesia (country) rank for expense?
Micronesia (country) ranks 95th out of 157 countries with data for 2020.
Is expense rising or falling in Micronesia (country)?
Over the last ten years it is up 37.3%. 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 (% of GDP). 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

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.