Interest payments in Micronesia (country)
Micronesia (country): Interest payments was 523,714 current LCU in 2020. ▬ Flat
Interest payments in Micronesia (country), 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Micronesia (country) recorded 523,714 current LCU for interest payments in 2020. That is the lowest value across all 13 years on record.
That represents a change of down 4.7% on the previous year and down 13.3% over ten years.
Over the whole period, interest payments in Micronesia (country) peaked at 788,314 current LCU in 2014 and was at its lowest, 523,714 current LCU, in 2020.
Micronesia (country) ranks 154th of 155 countries on this measure, in the bottom quarter.
Interest payments in Micronesia (country), year by year
| Year | current LCU | Change |
|---|---|---|
| 2008 | 539,227 current LCU | — |
| 2009 | 548,804 current LCU | +1.8% |
| 2010 | 603,839 current LCU | +10.0% |
| 2011 | 637,397 current LCU | +5.6% |
| 2012 | 563,989 current LCU | -11.5% |
| 2013 | 732,888 current LCU | +29.9% |
| 2014 | 788,314 current LCU | +7.6% |
| 2015 | 788,314 current LCU | +0.0% |
| 2016 | 653,642 current LCU | -17.1% |
| 2017 | 614,429 current LCU | -6.0% |
| 2018 | 590,374 current LCU | -3.9% |
| 2019 | 549,808 current LCU | -6.9% |
| 2020 | 523,714 current LCU | -4.7% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 523,714 current LCU is below the median for upper middle income countries, which is 34.20 billion current LCU, 0% of the median. (48 countries reporting)
- Micronesia (country)'s 523,714 current LCU is below the median for East Asia & Pacific, which is 4.93 billion current LCU, 0% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 544,016 current LCU | 539,227 current LCU | 548,804 current LCU | 2 |
| 2010s | 652,299 current LCU | 549,808 current LCU | 788,314 current LCU | 10 |
| 2020s | 523,714 current LCU | 523,714 current LCU | 523,714 current LCU | 1 |
Countries ranked near Micronesia (country)
- 151 East Timor 2.24 million current LCU compare
- 152 Palau 765,000 current LCU compare
- 153 Marshall Islands 664,000 current LCU compare
- 155 Zimbabwe 304,678 current LCU compare
More public sector data for Micronesia (country)
- Democracy, 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)
- Elected parliament, 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)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is interest payments in Micronesia (country)?
- Interest payments in Micronesia (country) was 523,714 current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Micronesia (country)?
- The highest recorded value was 788,314 current LCU in 2014.
- What is the lowest interest payments recorded in Micronesia (country)?
- The lowest recorded value was 523,714 current LCU in 2020.
- How does Micronesia (country) rank for interest payments?
- Micronesia (country) ranks 154th out of 155 countries with data for 2020.
- Is interest payments rising or falling in Micronesia (country)?
- Over the last ten years it is down 13.3%. The long-run trend across the full record is flat.
- Where does this Micronesia (country) data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. 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.