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.
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)
- Arms imports 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)
- Grants and other revenue 81.0% (2020)
- Interest payments 0.6% (2020)
- Other taxes 0.2% (2020)
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.