Government revenue in Micronesia in 2020 — 29.7%. Ranked 42 in the world out of 137. Since 2008, the indicator has risen by 16.61 pp.
2008–2020 · % of GDP
How the value compares with the world and the groups this territory belongs to: Micronesia
| Year | % | Change, pp |
|---|---|---|
| 2020 | 29.7 | −10.31 pp |
| 2019 | 40.01 | −5.57 pp |
| 2018 | 45.59 | +13.71 pp |
| 2017 | 31.88 | +4.3 pp |
| 2016 | 27.58 | −1.2 pp |
| 2015 | 28.78 | −0.2 pp |
| 2014 | 28.99 | +11.02 pp |
| 2013 | 17.97 | +3.32 pp |
| 2012 | 14.65 | +2.49 pp |
| 2011 | 12.16 | −0.24 pp |
| 2010 | 12.4 | −0.54 pp |
| 2009 | 12.94 | −0.15 pp |
| 2008 | 13.09 | — |
The same indicator for neighboring countries — with links to their pages
Central government revenue excluding grants, as a percent of GDP. Beyond taxes it includes non-tax receipts: dividends of state-owned companies, revenue from the sale of extraction rights, duties and fees. That is why the difference between this indicator and tax revenue says something about the structure of a state: in commodity countries it is large, because a substantial part of the budget comes not from taxes but from rent.
Important: Grants are excluded deliberately: in the poorest countries foreign aid can make up a substantial part of the budget, and with it included the indicator would no longer measure the ability of a state to raise revenue.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much the state spends in a year — including wages, pensions, benefits and interest on debt.
Public Finance Budget balanceThe budget deficit or surplus as a percent of GDP. A negative value means spending exceeds revenue.
Public Finance Tax revenue (% of GDP)Taxes collected as a percent of GDP — the fiscal capacity of the state.
Public Finance Government debtGross general government debt as a percent of GDP.
