Primary government expenditures as a proportion of original approved in Micronesia, Federated States of
Micronesia, Federated States of: Primary government expenditures as a proportion of original approved was 111.5% in 2021. ▲ Rising
Primary government expenditures as a proportion of original approved in Micronesia, Federated States of, 2007–2021
Source: Public Expenditure and Financial Accountability (PEFA), World Bank (WB). Measured in %.
Analysis
In 2021, primary government expenditures as a proportion of original approved in Micronesia, Federated States of stood at 111.5%. That is the highest value across all 15 years on record.
The figure is up 5.2% on the previous year and up 44.5% over ten years.
Over the whole period, primary government expenditures as a proportion of original approved in Micronesia, Federated States of peaked at 111.5% in 2021 and was at its lowest, 69.8%, in 2015.
Micronesia, Federated States of ranks 21st of 165 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Primary government expenditures as a proportion of original approved in Micronesia, Federated States of, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 93.2% | — |
| 2008 | 84.5% | -9.3% |
| 2009 | 88.8% | +5.1% |
| 2010 | 92.3% | +3.9% |
| 2011 | 77.2% | -16.4% |
| 2012 | 78.8% | +2.2% |
| 2013 | 73.1% | -7.2% |
| 2014 | 88.7% | +21.2% |
| 2015 | 69.8% | -21.3% |
| 2016 | 87.2% | +24.9% |
| 2017 | 103.3% | +18.5% |
| 2018 | 87.1% | -15.6% |
| 2019 | 107.2% | +23.0% |
| 2020 | 106.0% | -1.1% |
| 2021 | 111.5% | +5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 88.8% | 84.5% | 93.2% | 3 |
| 2010s | 86.5% | 69.8% | 107.2% | 10 |
| 2020s | 108.7% | 106.0% | 111.5% | 2 |
Countries ranked near Micronesia, Federated States of
More public sector data for Micronesia, Federated States of
- 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)
- Interest payments 0.4% (2020)
Frequently asked questions
- What is primary government expenditures as a proportion of original approved in Micronesia, Federated States of?
- Primary government expenditures as a proportion of original approved in Micronesia, Federated States of was 111.5% in 2021, according to Public Expenditure and Financial Accountability (PEFA), World Bank (WB).
- What is the highest primary government expenditures as a proportion of original approved recorded in Micronesia, Federated States of?
- The highest recorded value was 111.5% in 2021.
- What is the lowest primary government expenditures as a proportion of original approved recorded in Micronesia, Federated States of?
- The lowest recorded value was 69.8% in 2015.
- How does Micronesia, Federated States of rank for primary government expenditures as a proportion of original approved?
- Micronesia, Federated States of ranks 21st out of 165 countries with data for 2021.
- Is primary government expenditures as a proportion of original approved rising or falling in Micronesia, Federated States of?
- Over the last ten years it is up 44.5%. The long-run trend across the full record is rising.
- Where does this Micronesia, Federated States of data come from?
- The figures come from Public Expenditure and Financial Accountability (PEFA), World Bank (WB), published as part of Primary government expenditures as a proportion of original approved budget (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Primary government expenditures as a proportion of original approved budget measures the extent to which aggregate budget expenditure outturn reflects the amount originally approved, as defined in government budget documentation and fiscal reports. The coverage is budgetary central government (BCG) and the time period covered is the last three completed fiscal years.