Least developed countries vs Micronesia, Federated States of: Goods and services expense
Goods and services expense over time
- Least developed countries
- Micronesia, Federated States of
How they compare
Micronesia, Federated States of currently reports 32.9% against 20.0% in Least developed countries, a difference of 12.9%.
That makes Micronesia, Federated States of's figure about 1.6 times Least developed countries's.
Across all 10 years both countries report, Micronesia, Federated States of has been ahead every year.
Least developed countries ranks 8th and Micronesia, Federated States of ranks 10th of 39 groups.
Micronesia, Federated States of has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Least developed countries | Micronesia, Federated States of | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 24.2% | 46.8% | 22.6% | Micronesia, Federated States of |
| 2020s | 17.3% | 32.9% | 15.6% | Micronesia, Federated States of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Least developed countries or Micronesia, Federated States of?
- Micronesia, Federated States of, at 32.9% against 20.0% in Least developed countries as of 2020.
- What is the difference in goods and services expense between Least developed countries and Micronesia, Federated States of?
- 12.9%, with Micronesia, Federated States of ahead.
- How many years of comparable data are there for Least developed countries and Micronesia, Federated States of?
- 10 years are reported by both, from 2010 to 2020.
- How do Least developed countries and Micronesia, Federated States of rank globally for goods and services expense?
- Least developed countries ranks 8th and Micronesia, Federated States of ranks 10th of 39 groups.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (% of expense). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.