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.
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% compare
- 143 Democratic Republic of Congo 0.7% compare
- 146 Palau 0.5% compare
- 147 Marshall Islands 0.5% compare
- 148 Singapore 0.4% 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)
- Other taxes 0.2% (2020)
- Compensation of employees 26.2% (2020)
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.