Tax revenue (current LCU), per unit of GDP in Micronesia (country)
Micronesia (country): Tax revenue (current LCU), per unit of GDP was 0.0703 current LCU per US$ of GDP in 2020. ◆ Volatile
Tax revenue (current LCU), per unit of GDP in Micronesia (country), 2008–2020
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2020, tax revenue (current lcu), per unit of gdp in Micronesia (country) stood at 0.0703 current LCU per US$ of GDP.
That represents a change of down 64.6% on the previous year and up 48.3% over ten years.
Over the whole period, tax revenue (current lcu), per unit of gdp in Micronesia (country) peaked at 0.257 current LCU per US$ of GDP in 2018 and was at its lowest, 0.0432 current LCU per US$ of GDP, in 2008.
Micronesia (country) ranks 153rd of 157 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), per unit of GDP in Micronesia (country), year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2008 | 0.0432 current LCU per US$ of GDP | — |
| 2009 | 0.0445 current LCU per US$ of GDP | +2.9% |
| 2010 | 0.0474 current LCU per US$ of GDP | +6.6% |
| 2011 | 0.0502 current LCU per US$ of GDP | +5.8% |
| 2012 | 0.0494 current LCU per US$ of GDP | -1.5% |
| 2013 | 0.0552 current LCU per US$ of GDP | +11.8% |
| 2014 | 0.1267 current LCU per US$ of GDP | +129.5% |
| 2015 | 0.055 current LCU per US$ of GDP | -56.6% |
| 2016 | 0.061 current LCU per US$ of GDP | +11.0% |
| 2017 | 0.1057 current LCU per US$ of GDP | +73.3% |
| 2018 | 0.257 current LCU per US$ of GDP | +143.1% |
| 2019 | 0.1986 current LCU per US$ of GDP | -22.7% |
| 2020 | 0.0703 current LCU per US$ of GDP | -64.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0439 current LCU per US$ of GDP | 0.0432 current LCU per US$ of GDP | 0.0445 current LCU per US$ of GDP | 2 |
| 2010s | 0.1006 current LCU per US$ of GDP | 0.0474 current LCU per US$ of GDP | 0.257 current LCU per US$ of GDP | 10 |
| 2020s | 0.0703 current LCU per US$ of GDP | 0.0703 current LCU per US$ of GDP | 0.0703 current LCU per US$ of GDP | 1 |
Countries ranked near Micronesia (country)
- 150 Germany 0.1006 current LCU per US$ of GDP compare
- 151 Switzerland 0.0832 current LCU per US$ of GDP compare
- 152 Panama 0.0718 current LCU per US$ of GDP compare
- 154 United Arab Emirates 0.0238 current LCU per US$ of GDP compare
- 155 Bahrain 0.0106 current LCU per US$ of GDP compare
- 156 Kuwait 0.0045 current LCU per US$ of GDP
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), per unit of gdp in Micronesia (country)?
- Tax revenue (current lcu), per unit of gdp in Micronesia (country) was 0.0703 current LCU per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest tax revenue (current lcu), per unit of gdp recorded in Micronesia (country)?
- The highest recorded value was 0.257 current LCU per US$ of GDP in 2018.
- What is the lowest tax revenue (current lcu), per unit of gdp recorded in Micronesia (country)?
- The lowest recorded value was 0.0432 current LCU per US$ of GDP in 2008.
- How does Micronesia (country) rank for tax revenue (current lcu), per unit of gdp?
- Micronesia (country) ranks 153rd out of 157 countries with data for 2020.
- Is tax revenue (current lcu), per unit of gdp rising or falling in Micronesia (country)?
- Over the last ten years it is up 48.3%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Tax revenue (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Tax revenue (current LCU) ÷ GDP (current US$)
Computed from
- Tax revenue Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Tax revenue (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.