Latin America & Caribbean vs Micronesia, Federated States of: Net acquisition of financial assets
Net acquisition of financial assets over time
- Latin America & Caribbean
- Micronesia, Federated States of
How they compare
Micronesia, Federated States of currently reports 8.4% against 1.5% in Latin America & Caribbean, a difference of 6.9%.
That makes Micronesia, Federated States of's figure about 5.6 times Latin America & Caribbean's.
The two have swapped places 1 time across 11 shared years of data; in 2010 it was Latin America & Caribbean ahead.
Latin America & Caribbean ranks 6th and Micronesia, Federated States of ranks 4th of 17 groups.
Micronesia, Federated States of has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | Micronesia, Federated States of | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 0.8% | 10.3% | 9.5% | Micronesia, Federated States of |
| 2020s | -1.9% | 8.4% | 10.3% | Micronesia, Federated States of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net acquisition of financial assets, Latin America & Caribbean or Micronesia, Federated States of?
- Micronesia, Federated States of, at 8.4% against 1.5% in Latin America & Caribbean as of 2020.
- What is the difference in net acquisition of financial assets between Latin America & Caribbean and Micronesia, Federated States of?
- 6.9%, with Micronesia, Federated States of ahead.
- How many years of comparable data are there for Latin America & Caribbean and Micronesia, Federated States of?
- 11 years are reported by both, from 2010 to 2020.
- How do Latin America & Caribbean and Micronesia, Federated States of rank globally for net acquisition of financial assets?
- Latin America & Caribbean ranks 6th and Micronesia, Federated States of ranks 4th of 17 groups.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net acquisition of financial assets (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.