Net acquisition of financial assets in Micronesia (country)
Micronesia (country): Net acquisition of financial assets was 31.42 million current LCU in 2020. ◆ Volatile
Net acquisition of financial assets in Micronesia (country), 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Micronesia (country) recorded 31.42 million current LCU for net acquisition of financial assets in 2020.
Compared with earlier readings it is down 51.9% on the previous year and up 1,327.6% over ten years.
Over the whole period, net acquisition of financial assets in Micronesia (country) peaked at 77.99 million current LCU in 2018 and was at its lowest, 2.20 million current LCU, in 2010.
Micronesia (country) ranks 91st of 134 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.34 million current LCU | 6.95 million current LCU | 9.72 million current LCU | 2 |
| 2010s | 36.27 million current LCU | 2.20 million current LCU | 77.99 million current LCU | 10 |
| 2020s | 31.42 million current LCU | 31.42 million current LCU | 31.42 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 net acquisition of financial assets in Micronesia (country)?
- Net acquisition of financial assets in Micronesia (country) was 31.42 million current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in Micronesia (country)?
- The highest recorded value was 77.99 million current LCU in 2018.
- What is the lowest net acquisition of financial assets recorded in Micronesia (country)?
- The lowest recorded value was 2.20 million current LCU in 2010.
- How does Micronesia (country) rank for net acquisition of financial assets?
- Micronesia (country) ranks 91st out of 134 countries with data for 2020.
- Is net acquisition of financial assets rising or falling in Micronesia (country)?
- Over the last ten years it is up 1,327.6%. The long-run trend across the full record is volatile.
- 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 Net acquisition of financial assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. 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.