Subsidies and other transfers (current LCU) in Micronesia (country)
Micronesia (country): Subsidies and other transfers (current LCU) was 6.75 million current LCU in 2020. ◆ Volatile
Subsidies and other transfers in Micronesia (country), 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for subsidies and other transfers in Micronesia (country) is 6.75 million current LCU, measured in 2020. That is the highest value across all 13 years on record.
That represents a change of up 164.5% on the previous year and up 111.5% over ten years.
Over the whole period, subsidies and other transfers in Micronesia (country) peaked at 6.75 million current LCU in 2020 and was at its lowest, 836,456 current LCU, in 2008.
Micronesia (country) ranks 152nd of 153 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Subsidies and other transfers (current LCU) in Micronesia (country), year by year
| Year | current LCU | Change |
|---|---|---|
| 2008 | 836,456 current LCU | — |
| 2009 | 953,267 current LCU | +14.0% |
| 2010 | 3.19 million current LCU | +234.7% |
| 2011 | 1.64 million current LCU | -48.7% |
| 2012 | 1.54 million current LCU | -5.9% |
| 2013 | 1.34 million current LCU | -12.7% |
| 2014 | 2.09 million current LCU | +55.6% |
| 2015 | 1.10 million current LCU | -47.4% |
| 2016 | 2.10 million current LCU | +91.1% |
| 2017 | 1.60 million current LCU | -23.8% |
| 2018 | 1.11 million current LCU | -30.5% |
| 2019 | 2.55 million current LCU | +128.9% |
| 2020 | 6.75 million current LCU | +164.5% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 6.75 million current LCU is below the median for upper middle income countries, which is 139.97 billion current LCU, 0% of the median. (46 countries reporting)
- Micronesia (country)'s 6.75 million current LCU is below the median for East Asia & Pacific, which is 27.56 billion current LCU, 0% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 894,862 current LCU | 836,456 current LCU | 953,267 current LCU | 2 |
| 2010s | 1.83 million current LCU | 1.10 million current LCU | 3.19 million current LCU | 10 |
| 2020s | 6.75 million current LCU | 6.75 million current LCU | 6.75 million current LCU | 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 subsidies and other transfers in Micronesia (country)?
- Subsidies and other transfers in Micronesia (country) was 6.75 million current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Micronesia (country)?
- The highest recorded value was 6.75 million current LCU in 2020.
- What is the lowest subsidies and other transfers recorded in Micronesia (country)?
- The lowest recorded value was 836,456 current LCU in 2008.
- How does Micronesia (country) rank for subsidies and other transfers?
- Micronesia (country) ranks 152nd out of 153 countries with data for 2020.
- Is subsidies and other transfers rising or falling in Micronesia (country)?
- Over the last ten years it is up 111.5%. 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 Subsidies and other transfers (current LCU). 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
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.