Tax revenue (% of GDP) in Micronesia in 2020 — 7.03%. Ranked 130 in the world out of 137. Since 2008, the indicator has risen by 2.71 pp.
2008–2020 · % of GDP
How the value compares with the world and the groups this territory belongs to: Micronesia
| Year | % | Change, pp |
|---|---|---|
| 2020 | 7.03 | −12.83 pp |
| 2019 | 19.86 | −5.84 pp |
| 2018 | 25.7 | +15.13 pp |
| 2017 | 10.57 | +4.47 pp |
| 2016 | 6.1 | +0.6 pp |
| 2015 | 5.5 | −7.18 pp |
| 2014 | 12.67 | +7.15 pp |
| 2013 | 5.52 | +0.58 pp |
| 2012 | 4.94 | −0.08 pp |
| 2011 | 5.02 | +0.28 pp |
| 2010 | 4.74 | +0.29 pp |
| 2009 | 4.45 | +0.12 pp |
| 2008 | 4.32 | — |
The same indicator for neighboring countries — with links to their pages
Central government tax revenue as a percent of GDP, excluding compulsory social contributions and revenue from fines and penalties. A level of 15% of GDP is considered the minimum threshold at which a state is able to provide basic services and infrastructure.
Important: Only the central budget is counted — in federal states the overall tax burden is substantially higher.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much the state collects in a year — all revenue except foreign grants.
Public Finance Government expenseHow much the state spends in a year — including wages, pensions, benefits and interest on debt.
Economy Government consumption (% of GDP)The share of GDP taken by government final consumption spending.
Public Finance Government debtGross general government debt as a percent of GDP.
