Net acquisition of financial assets (% of GDP) in Micronesia (country)
Micronesia (country): Net acquisition of financial assets (% of GDP) was 8.4% in 2020. ◆ Volatile
Net acquisition of financial assets in Micronesia (country), 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2020, net acquisition of financial assets in Micronesia (country) stood at 8.4%.
Compared with earlier readings it is down 49.0% on the previous year and up 1,017.9% over ten years.
Over the whole period, net acquisition of financial assets in Micronesia (country) peaked at 20.8% in 2017 and was at its lowest, 0.8%, in 2010.
That places Micronesia (country) 4th out of 134 countries with data for 2020, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net acquisition of financial assets (% of GDP) in Micronesia (country), year by year
| Year | % of GDP | Change |
|---|---|---|
| 2008 | 3.7% | — |
| 2009 | 2.5% | -32.6% |
| 2010 | 0.8% | -70.0% |
| 2011 | 2.7% | +260.0% |
| 2012 | 5.0% | +84.8% |
| 2013 | 1.9% | -62.2% |
| 2014 | 10.8% | +469.4% |
| 2015 | 14.1% | +30.7% |
| 2016 | 10.3% | -27.2% |
| 2017 | 20.8% | +102.2% |
| 2018 | 19.8% | -4.6% |
| 2019 | 16.5% | -16.5% |
| 2020 | 8.4% | -49.0% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 8.4% is above the median for upper middle income countries, which is 0.9%, 9.9× the median. (47 countries reporting)
- Micronesia (country)'s 8.4% is above the median for East Asia & Pacific, which is 1.9%, 4.3× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Net acquisition of financial assets (% of GDP) in Micronesia (country) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +469.4% | 1.9% | 10.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.1% | 2.5% | 3.7% | 2 |
| 2010s | 10.3% | 0.8% | 20.8% | 10 |
| 2020s | 8.4% | 8.4% | 8.4% | 1 |
Countries ranked near Micronesia (country)
More public sector data for Micronesia (country)
- Democracy, 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)
- Elected parliament, 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)
- 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)
Frequently asked questions
- What is net acquisition of financial assets in Micronesia (country)?
- Net acquisition of financial assets in Micronesia (country) was 8.4% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in Micronesia (country)?
- The highest recorded value was 20.8% in 2017.
- What is the lowest net acquisition of financial assets recorded in Micronesia (country)?
- The lowest recorded value was 0.8% in 2010.
- How does Micronesia (country) rank for net acquisition of financial assets?
- Micronesia (country) ranks 4th out of 134 countries with data for 2020.
- Is net acquisition of financial assets rising or falling in Micronesia (country)?
- Over the last ten years it is up 1,017.9%. The long-run trend across the full record is volatile.
- 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 Net acquisition of financial assets (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.