Micronesia (country) vs Palau: Goods and services expense

Micronesia (country)
28.76 million current LCU
in 2020
Palau
28.06 million current LCU
in 2020
Micronesia (country) rank
153rd
Palau rank
154th

Goods and services expense over time

  • Micronesia (country)
  • Palau
010.0M20.0M30.0M40.0M50.0M200820142020

How they compare

Micronesia (country) currently reports 28.76 million current LCU against 28.06 million current LCU in Palau, a difference of 693,100 current LCU.

The two have swapped places 2 times across 13 shared years of data; in 2008 it was Micronesia (country) ahead.

Micronesia (country) ranks 153rd and Palau ranks 154th of 155 countries.

Micronesia (country) has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Micronesia (country) Palau Difference Ahead
2000s 24.40 million current LCU 19.75 million current LCU 4.66 million current LCU Micronesia (country)
2010s 31.85 million current LCU 23.79 million current LCU 8.06 million current LCU Micronesia (country)
2020s 28.76 million current LCU 28.06 million current LCU 693,100 current LCU Micronesia (country)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods and services expense, Micronesia (country) or Palau?
Micronesia (country), at 28.76 million current LCU against 28.06 million current LCU in Palau as of 2020.
What is the difference in goods and services expense between Micronesia (country) and Palau?
693,100 current LCU, with Micronesia (country) ahead.
How many years of comparable data are there for Micronesia (country) and Palau?
13 years are reported by both, from 2008 to 2020.
How do Micronesia (country) and Palau rank globally for goods and services expense?
Micronesia (country) ranks 153rd and Palau ranks 154th of 155 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Goods and services expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,479 data points, 1972–2024
Last refreshed

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.