Tax revenue (current LCU), annual growth rate in Micronesia (country)
Micronesia (country): Tax revenue (current LCU), annual growth rate was -66.58 % change on previous year in 2020. ◆ Volatile
Tax revenue (current LCU), annual growth rate in Micronesia (country), 2009–2020
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2020, tax revenue (current lcu), annual growth rate in Micronesia (country) stood at -66.58 % change on previous year. That is the lowest value across all 12 years on record.
That represents a change of down 195.6% on the previous year and down 639.9% over ten years.
Over the whole period, tax revenue (current lcu), annual growth rate in Micronesia (country) peaked at 165.37 % change on previous year in 2018 and was at its lowest, -66.58 % change on previous year, in 2020.
Micronesia (country) ranks 156th of 156 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenue (current LCU), annual growth rate in Micronesia (country), year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2009 | 9.2 % change on previous year | — |
| 2010 | 12.33 % change on previous year | +34.1% |
| 2011 | 11.65 % change on previous year | -5.6% |
| 2012 | 3.59 % change on previous year | -69.2% |
| 2013 | 8.32 % change on previous year | +131.6% |
| 2014 | 130.96 % change on previous year | +1473.5% |
| 2015 | -57.18 % change on previous year | -143.7% |
| 2016 | 16.32 % change on previous year | -128.5% |
| 2017 | 91.31 % change on previous year | +459.4% |
| 2018 | 165.37 % change on previous year | +81.1% |
| 2019 | -22.53 % change on previous year | -113.6% |
| 2020 | -66.58 % change on previous year | +195.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.2 % change on previous year | 9.2 % change on previous year | 9.2 % change on previous year | 1 |
| 2010s | 36.02 % change on previous year | -57.18 % change on previous year | 165.37 % change on previous year | 10 |
| 2020s | -66.58 % change on previous year | -66.58 % change on previous year | -66.58 % change on previous year | 1 |
Countries ranked near Micronesia (country)
More public sector data for Micronesia (country)
- 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 tax revenue (current lcu), annual growth rate in Micronesia (country)?
- Tax revenue (current lcu), annual growth rate in Micronesia (country) was -66.58 % change on previous year in 2020, according to Statizoid (derived).
- What is the highest tax revenue (current lcu), annual growth rate recorded in Micronesia (country)?
- The highest recorded value was 165.37 % change on previous year in 2018.
- What is the lowest tax revenue (current lcu), annual growth rate recorded in Micronesia (country)?
- The lowest recorded value was -66.58 % change on previous year in 2020.
- How does Micronesia (country) rank for tax revenue (current lcu), annual growth rate?
- Micronesia (country) ranks 156th out of 156 countries with data for 2020.
- Is tax revenue (current lcu), annual growth rate rising or falling in Micronesia (country)?
- Over the last ten years it is down 639.9%. The long-run trend across the full record is volatile.
- Where does this Micronesia (country) data come from?
- The figures come from Statizoid (derived), published as part of Tax revenue (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Tax revenue Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.