Primary government expenditures as a proportion … Public Expenditure in Micronesia (country)
Micronesia (country): Primary government expenditures as a proportion … Public Expenditure was 111.5% in 2021. ▲ Rising
Primary government expenditures as a proportion of original approved in Micronesia (country), 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 (country) 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 (country) peaked at 111.5% in 2021 and was at its lowest, 69.8%, in 2015.
Micronesia (country) 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 … Public Expenditure in Micronesia (country), 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% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 111.5% is above the median for upper middle income countries, which is 99.5%, 1.1× the median. (55 countries reporting)
- Micronesia (country)'s 111.5% is above the median for East Asia & Pacific, which is 98.0%, 1.1× the median. (25 countries reporting)
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 (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 primary government expenditures as a proportion of original approved in Micronesia (country)?
- Primary government expenditures as a proportion of original approved in Micronesia (country) 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 (country)?
- 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 (country)?
- The lowest recorded value was 69.8% in 2015.
- How does Micronesia (country) rank for primary government expenditures as a proportion of original approved?
- Micronesia (country) 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 (country)?
- Over the last ten years it is up 44.5%. The long-run trend across the full record is rising.
- Where does this Micronesia (country) 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.