Compensation of employees in Micronesia, Federated States of
Micronesia, Federated States of: Compensation of employees was 22.87 million current LCU in 2020. β² Rising
Compensation of employees in Micronesia, Federated States of, 2008β2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Micronesia, Federated States of recorded 22.87 million current LCU for compensation of employees in 2020.
Compared with earlier readings it is down 2.7% on the previous year and up 26.9% over ten years.
Over the whole period, compensation of employees in Micronesia, Federated States of peaked at 23.52 million current LCU in 2019 and was at its lowest, 14.72 million current LCU, in 2008.
That places Micronesia, Federated States of 155th out of 156 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 13 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.83 million current LCU | 14.72 million current LCU | 16.95 million current LCU | 2 |
| 2010s | 19.26 million current LCU | 16.97 million current LCU | 23.52 million current LCU | 10 |
| 2020s | 22.87 million current LCU | 22.87 million current LCU | 22.87 million current LCU | 1 |
Countries ranked near Micronesia, Federated States of
More public sector data for Micronesia, Federated States of
- Arms imports 7.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 62.15 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0158 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 7.00 million SIPRI trend indicator values (2023)
- Tax revenue 7.0% (2020)
- Taxes on income, profits and capital gains 10.9% (2020)
- Taxes on goods and services 3.4% (2020)
- Net investment in nonfinancial assets 10.5% (2020)
- Net lending (+) / net borrowing (-) 6.9% (2020)
- Interest payments 0.4% (2020)
Frequently asked questions
- What is compensation of employees in Micronesia, Federated States of?
- Compensation of employees in Micronesia, Federated States of was 22.87 million current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Micronesia, Federated States of?
- The highest recorded value was 23.52 million current LCU in 2019.
- What is the lowest compensation of employees recorded in Micronesia, Federated States of?
- The lowest recorded value was 14.72 million current LCU in 2008.
- How does Micronesia, Federated States of rank for compensation of employees?
- Micronesia, Federated States of ranks 155th out of 156 countries with data for 2020.
- Is compensation of employees rising or falling in Micronesia, Federated States of?
- Over the last ten years it is up 26.9%. The long-run trend across the full record is rising.
- Where does this Micronesia, Federated States of data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. 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.