Tax revenue (% of GDP) in Micronesia (subregion) in 2020 — 17.83%. Since 2014, the indicator has risen by 1.75 pp.
2014–2020 · % of GDP
How the value compares with the world and the groups this territory belongs to: Micronesia (subregion)
| Year | % | Change, pp |
|---|---|---|
| 2020 | 17.83 | −3.32 pp |
| 2019 | 21.14 | −1.02 pp |
| 2018 | 22.16 | +5.57 pp |
| 2017 | 16.59 | +0.46 pp |
| 2016 | 16.12 | +1.17 pp |
| 2015 | 14.95 | −1.13 pp |
| 2014 | 16.08 | — |
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.
Public Finance Government debtGross general government debt as a percent of GDP.