Interest payments in Micronesia (country)
Micronesia (country): Interest payments was 0.6% in 2020. ▼ Falling
Interest payments in Micronesia (country), 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2020, interest payments in Micronesia (country) stood at 0.6%.
The figure is up 1.8% on the previous year and down 50.5% over ten years.
Over the whole period, interest payments in Micronesia (country) peaked at 1.4% in 2014 and was at its lowest, 0.6%, in 2019.
That places Micronesia (country) 145th out of 152 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 13 years of available data.
Interest payments in Micronesia (country), year by year
| Year | % of expense | Change |
|---|---|---|
| 2008 | 1.1% | — |
| 2009 | 1.2% | +4.5% |
| 2010 | 1.2% | +3.1% |
| 2011 | 1.3% | +7.7% |
| 2012 | 1.0% | -24.3% |
| 2013 | 1.3% | +28.5% |
| 2014 | 1.4% | +7.4% |
| 2015 | 1.2% | -11.6% |
| 2016 | 0.9% | -26.4% |
| 2017 | 0.8% | -14.8% |
| 2018 | 0.7% | -9.7% |
| 2019 | 0.6% | -13.8% |
| 2020 | 0.6% | +1.8% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 0.6% is below the median for upper middle income countries, which is 8.8%, 7% of the median. (47 countries reporting)
- Micronesia (country)'s 0.6% is below the median for East Asia & Pacific, which is 3.0%, 20% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.2% | 1.1% | 1.2% | 2 |
| 2010s | 1.0% | 0.6% | 1.4% | 10 |
| 2020s | 0.6% | 0.6% | 0.6% | 1 |
Countries ranked near Micronesia (country)
- 142 Iran 0.7%
- 143 Democratic Republic of Congo 0.7% compare
- 144 Luxembourg 0.6% compare
- 146 Palau 0.5% compare
- 147 Marshall Islands 0.5% compare
- 148 Singapore 0.4% 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 0.6% 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 1.4% in 2014.
- What is the lowest interest payments recorded in Micronesia (country)?
- The lowest recorded value was 0.6% in 2019.
- How does Micronesia (country) rank for interest payments?
- Micronesia (country) ranks 145th out of 152 countries with data for 2020.
- Is interest payments rising or falling in Micronesia (country)?
- Over the last ten years it is down 50.5%. The long-run trend across the full record is falling.
- 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 (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.