Least developed countries vs Micronesia (country): Net acquisition of financial assets (% of GDP)
Net acquisition of financial assets (% of GDP) over time
- Least developed countries
- Micronesia (country)
How they compare
Micronesia (country) currently reports 8.4% against 1.6% in Least developed countries, a difference of 6.8%.
That makes Micronesia (country)'s figure about 5.3 times Least developed countries's.
The two have swapped places 1 time across 10 shared years of data; in 2010 it was Least developed countries ahead.
Least developed countries ranks 4th and Micronesia (country) ranks 4th of 17 groups.
Micronesia (country) has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Least developed countries | Micronesia (country) | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.9% | 11.1% | 9.3% | Micronesia (country) |
| 2020s | 0.4% | 8.4% | 8.0% | Micronesia (country) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net acquisition of financial assets, Least developed countries or Micronesia (country)?
- Micronesia (country), at 8.4% against 1.6% in Least developed countries as of 2020.
- What is the difference in net acquisition of financial assets between Least developed countries and Micronesia (country)?
- 6.8%, with Micronesia (country) ahead.
- How many years of comparable data are there for Least developed countries and Micronesia (country)?
- 10 years are reported by both, from 2010 to 2020.
- How do Least developed countries and Micronesia (country) rank globally for net acquisition of financial assets?
- Least developed countries ranks 4th and Micronesia (country) 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.