Expenditure, General government, Percent of GDP (Percent GDP) in Micronesia (country)
Micronesia (country): Expenditure, General government, Percent of GDP (Percent GDP) was 67.95 in 2030. ▼ Falling
Latest (2030)
67.95
Change on year
down 0.7%
World rank
6th
of 195 countries
All-time high
72.96
in 1999
All-time low
53.48
in 2023
Years of data
35
1996–2030
Expenditure, General government, Percent of GDP in Micronesia (country), 1996–2030
Source: International Monetary Fund.
Analysis
Micronesia (country) recorded 67.95 for expenditure, general government, percent of gdp in 2030.
Compared with earlier readings it is down 0.7% on the previous year and up 12.2% over ten years.
Over the whole period, expenditure, general government, percent of gdp in Micronesia (country) peaked at 72.96 in 1999 and was at its lowest, 53.48, in 2023.
That places Micronesia (country) 6th out of 195 countries with data for 2030, putting it in the top 10%.
The long-run direction has been consistently falling across the 35 years of available data.
Expenditure, General government, Percent of GDP (Percent GDP) in Micronesia (country), year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 71.44 | — |
| 1997 | 64.32 | -10.0% |
| 1998 | 72.36 | +12.5% |
| 1999 | 72.96 | +0.8% |
| 2000 | 67.4 | -7.6% |
| 2001 | 64.19 | -4.8% |
| 2002 | 59.55 | -7.2% |
| 2003 | 67.53 | +13.4% |
| 2004 | 71.91 | +6.5% |
| 2005 | 60.21 | -16.3% |
| 2006 | 61.17 | +1.6% |
| 2007 | 60.14 | -1.7% |
| 2008 | 59.8 | -0.6% |
| 2009 | 64.35 | +7.6% |
| 2010 | 68.45 | +6.4% |
| 2011 | 65.9 | -3.7% |
| 2012 | 65.82 | -0.1% |
| 2013 | 60.2 | -8.5% |
| 2014 | 54.76 | -9.0% |
| 2015 | 56.43 | +3.1% |
| 2016 | 62.65 | +11.0% |
| 2017 | 65.01 | +3.8% |
| 2018 | 56.54 | -13.0% |
| 2019 | 57.27 | +1.3% |
| 2020 | 60.58 | +5.8% |
| 2021 | 66.53 | +9.8% |
| 2022 | 56.29 | -15.4% |
| 2023 | 53.48 | -5.0% |
| 2024 | 56.97 | +6.5% |
| 2025 | 62.06 | +8.9% |
| 2026 | 65.42 | +5.4% |
| 2027 | 66.79 | +2.1% |
| 2028 | 68.17 | +2.1% |
| 2029 | 68.46 | +0.4% |
| 2030 | 67.95 | -0.7% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 67.95 is above the median for upper middle income countries, which is 30.17, 2.3× the median. (57 countries reporting)
- Micronesia (country)'s 67.95 is above the median for East Asia & Pacific, which is 32.29, 2.1× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 70.27 | 64.32 | 72.96 | 4 |
| 2000s | 63.63 | 59.55 | 71.91 | 10 |
| 2010s | 61.3 | 54.76 | 68.45 | 10 |
| 2020s | 62.47 | 53.48 | 68.46 | 10 |
| 2030s | 67.95 | 67.95 | 67.95 | 1 |
Countries ranked near Micronesia (country)
More public sector data for Micronesia (country)
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- 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)
Frequently asked questions
- What is expenditure, general government, percent of gdp in Micronesia (country)?
- Expenditure, general government, percent of gdp in Micronesia (country) was 67.95 in 2030, according to International Monetary Fund.
- What is the highest expenditure, general government, percent of gdp recorded in Micronesia (country)?
- The highest recorded value was 72.96 in 1999.
- What is the lowest expenditure, general government, percent of gdp recorded in Micronesia (country)?
- The lowest recorded value was 53.48 in 2023.
- How does Micronesia (country) rank for expenditure, general government, percent of gdp?
- Micronesia (country) ranks 6th out of 195 countries with data for 2030.
- Is expenditure, general government, percent of gdp rising or falling in Micronesia (country)?
- Over the last ten years it is up 12.2%. The long-run trend across the full record is falling.
- Where does this Micronesia (country) data come from?
- The figures come from International Monetary Fund, published as part of Expenditure, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October