Micronesia (Federated States of Micronesia) General government revenue (% of GDP) Statistics

22, May 2019, EDT.

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Country or Region: Micronesia (Federated States of Micronesia) › Change country
Economic Indicator: General government revenue (% of GDP) › See all Micronesia indicators, › See General government revenue (% of GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: US Dollar
Currency Symbol: US$

Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. See notes for: General government revenue (National currency).

General government revenue (% of GDP) Statistics for Micronesia (Federated States of Micronesia), Year 2015 - In Detail

General government revenue (% of GDP) for Micronesia in year 2015 is 62.834 %. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

This makes Micronesia No. 4 in world rankings according to General government revenue (% of GDP) in year 2015. The world's average General government revenue (% of GDP) value is 30.23 %; Micronesia is 32.60 more than the average.

In the previous year, 2014, General government revenue (% of GDP) for Micronesia was 71.40 % General government revenue (% of GDP) for Micronesia in 2015 was or will be 12.00% less than it was or will be in 2014.

In the following or forecasted year, 2016, General government revenue (% of GDP) for Micronesia was or will be 62.37 %, which is 0.74% less than the 2015 figure.

* Source: IMF
General government revenue (% of GDP) for Micronesia, in other Years
Year %
  2021 62.702
  2020 62.891
  2019 62.874
  2018 63.132
  2017 62.737
  2016 62.372
2015 62.834
  2014 71.402
  2013 63.633
  2012 66.046
  2011 64.747
  2010 67.761
  2009 65.624
  2008 57.674
  2007 55.756
  2006 54.834
  2005 53.761
  2004 55.513
  2003 69.607
  2002 66.388
  2001 58.805
  2000 63.837
  1999 67.751
  1998 69.06
  1997 67.089
  1996 74.482
  1995 76.791
  1994 n/a
  1993 n/a
  1992 n/a
  1991 n/a
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a