Interest payments in Micronesia (country)
Micronesia (country): Interest payments was 0.4% 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 revenue.
Analysis
Micronesia (country) recorded 0.4% for interest payments in 2020.
The figure is up 29.5% on the previous year and down 34.4% over ten years.
Over the whole period, interest payments in Micronesia (country) peaked at 0.9% in 2008 and was at its lowest, 0.3%, in 2018.
That places Micronesia (country) 152nd out of 155 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 revenue | Change |
|---|---|---|
| 2008 | 0.9% | — |
| 2009 | 0.6% | -29.5% |
| 2010 | 0.6% | -5.8% |
| 2011 | 0.6% | +7.2% |
| 2012 | 0.5% | -23.6% |
| 2013 | 0.7% | +54.2% |
| 2014 | 0.7% | -5.5% |
| 2015 | 0.7% | +3.3% |
| 2016 | 0.5% | -28.6% |
| 2017 | 0.4% | -29.5% |
| 2018 | 0.3% | -20.3% |
| 2019 | 0.3% | +2.5% |
| 2020 | 0.4% | +29.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.7% | 0.6% | 0.9% | 2 |
| 2010s | 0.5% | 0.3% | 0.7% | 10 |
| 2020s | 0.4% | 0.4% | 0.4% | 1 |
Countries ranked near Micronesia (country)
- 149 Congo, Democratic Republic of the 0.5% compare
- 150 Singapore 0.5% compare
- 151 Marshall Islands 0.4% compare
- 153 Timor-Leste 0.1% compare
- 154 Afghanistan 0.1% compare
- 155 Iraq 0.0% compare
More public sector data for Micronesia (country)
- 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)
- 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)
- Grants and other revenue 81.0% (2020)
Frequently asked questions
- What is interest payments in Micronesia (country)?
- Interest payments in Micronesia (country) was 0.4% 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 0.9% in 2008.
- What is the lowest interest payments recorded in Micronesia (country)?
- The lowest recorded value was 0.3% in 2018.
- How does Micronesia (country) rank for interest payments?
- Micronesia (country) ranks 152nd 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 34.4%. 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 revenue). 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 a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.