Net lending (+) / net borrowing (-) in Micronesia (country)
Micronesia (country): Net lending (+) / net borrowing (-) was 25.83 million current LCU in 2020. ◆ Volatile
Net lending (+) / net borrowing (-) 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 25.83 million current LCU for net lending (+) / net borrowing (-) in 2020.
Compared with earlier readings it is down 63.7% on the previous year and up 791.9% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Micronesia (country) peaked at 97.94 million current LCU in 2018 and was at its lowest, 1.21 million current LCU, in 2011.
Micronesia (country) ranks 36th of 156 countries on this measure, in the top quarter.
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 | 3.38 million current LCU | 1.64 million current LCU | 5.12 million current LCU | 2 |
| 2010s | 34.42 million current LCU | 1.21 million current LCU | 97.94 million current LCU | 10 |
| 2020s | 25.83 million current LCU | 25.83 million current LCU | 25.83 million current LCU | 1 |
Countries ranked near Micronesia (country)
- 33 Tonga 73.41 million current LCU compare
- 34 East Timor 50.88 million current LCU compare
- 35 Nauru 38.74 million current LCU compare
- 37 Marshall Islands 12.17 million current LCU compare
- 38 Zimbabwe -1.01 million current LCU compare
- 39 San Marino -2.94 million current LCU compare
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 lending (+) / net borrowing (-) in Micronesia (country)?
- Net lending (+) / net borrowing (-) in Micronesia (country) was 25.83 million current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Micronesia (country)?
- The highest recorded value was 97.94 million current LCU in 2018.
- What is the lowest net lending (+) / net borrowing (-) recorded in Micronesia (country)?
- The lowest recorded value was 1.21 million current LCU in 2011.
- How does Micronesia (country) rank for net lending (+) / net borrowing (-)?
- Micronesia (country) ranks 36th out of 156 countries with data for 2020.
- Is net lending (+) / net borrowing (-) rising or falling in Micronesia (country)?
- Over the last ten years it is up 791.9%. 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 lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.