Net lending (+) / net borrowing (-) (current LCU) in Micronesia (country)
Micronesia (country): Net lending (+) / net borrowing (-) (current LCU) was 25.83 million current LCU in 2020. ◆ Volatile
Net lending (+) / net borrowing (-) 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 25.83 million current LCU for net lending (+) / net borrowing (-) in 2020.
Compared with earlier readings it is down 63.7% on the previous year and up 791.9% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Micronesia (country) peaked at 97.94 million current LCU in 2018 and was at its lowest, 1.21 million current LCU, in 2011.
Micronesia (country) ranks 36th of 156 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net lending (+) / net borrowing (-) (current LCU) in Micronesia (country), year by year
| Year | current LCU | Change |
|---|---|---|
| 2008 | 1.64 million current LCU | — |
| 2009 | 5.12 million current LCU | +212.6% |
| 2010 | 2.90 million current LCU | -43.4% |
| 2011 | 1.21 million current LCU | -58.3% |
| 2012 | 7.97 million current LCU | +560.2% |
| 2013 | 11.19 million current LCU | +40.4% |
| 2014 | 42.92 million current LCU | +283.5% |
| 2015 | 35.38 million current LCU | -17.6% |
| 2016 | 26.61 million current LCU | -24.8% |
| 2017 | 46.80 million current LCU | +75.9% |
| 2018 | 97.94 million current LCU | +109.3% |
| 2019 | 71.22 million current LCU | -27.3% |
| 2020 | 25.83 million current LCU | -63.7% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 25.83 million current LCU is above the median for upper middle income countries, which is -12.89 billion current LCU. (47 countries reporting)
- Micronesia (country)'s 25.83 million current LCU is above the median for East Asia & Pacific, which is -24.64 million current LCU. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.38 million current LCU | 1.64 million current LCU | 5.12 million current LCU | 2 |
| 2010s | 34.42 million current LCU | 1.21 million current LCU | 97.94 million current LCU | 10 |
| 2020s | 25.83 million current LCU | 25.83 million current LCU | 25.83 million current LCU | 1 |
Countries ranked near Micronesia (country)
- 33 Tonga 73.41 million current LCU compare
- 34 East Timor 50.88 million current LCU compare
- 35 Nauru 38.74 million current LCU compare
- 37 Marshall Islands 12.17 million current LCU compare
- 38 Zimbabwe -1.01 million current LCU compare
- 39 San Marino -2.94 million current LCU compare
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 lending (+) / net borrowing (-) in Micronesia (country)?
- Net lending (+) / net borrowing (-) in Micronesia (country) was 25.83 million current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Micronesia (country)?
- The highest recorded value was 97.94 million current LCU in 2018.
- What is the lowest net lending (+) / net borrowing (-) recorded in Micronesia (country)?
- The lowest recorded value was 1.21 million current LCU in 2011.
- How does Micronesia (country) rank for net lending (+) / net borrowing (-)?
- Micronesia (country) ranks 36th out of 156 countries with data for 2020.
- Is net lending (+) / net borrowing (-) rising or falling in Micronesia (country)?
- Over the last ten years it is up 791.9%. 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 lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.