Tax revenue (current LCU) in Micronesia (country)
Micronesia (country): Tax revenue (current LCU) was 26.22 million current LCU in 2020. ◆ Volatile
Tax revenue in Micronesia (country), 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2020, tax revenue in Micronesia (country) stood at 26.22 million current LCU.
Compared with earlier readings it is down 66.6% on the previous year and up 89.4% over ten years.
Over the whole period, tax revenue in Micronesia (country) peaked at 101.27 million current LCU in 2018 and was at its lowest, 11.28 million current LCU, in 2008.
That places Micronesia (country) 156th out of 157 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenue (current LCU) in Micronesia (country), year by year
| Year | current LCU | Change |
|---|---|---|
| 2008 | 11.28 million current LCU | — |
| 2009 | 12.32 million current LCU | +9.2% |
| 2010 | 13.84 million current LCU | +12.3% |
| 2011 | 15.45 million current LCU | +11.6% |
| 2012 | 16.01 million current LCU | +3.6% |
| 2013 | 17.34 million current LCU | +8.3% |
| 2014 | 40.05 million current LCU | +131.0% |
| 2015 | 17.15 million current LCU | -57.2% |
| 2016 | 19.95 million current LCU | +16.3% |
| 2017 | 38.16 million current LCU | +91.3% |
| 2018 | 101.27 million current LCU | +165.4% |
| 2019 | 78.46 million current LCU | -22.5% |
| 2020 | 26.22 million current LCU | -66.6% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 26.22 million current LCU is below the median for upper middle income countries, which is 346.89 billion current LCU, 0% of the median. (48 countries reporting)
- Micronesia (country)'s 26.22 million current LCU is below the median for East Asia & Pacific, which is 106.40 billion current LCU, 0% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.80 million current LCU | 11.28 million current LCU | 12.32 million current LCU | 2 |
| 2010s | 35.77 million current LCU | 13.84 million current LCU | 101.27 million current LCU | 10 |
| 2020s | 26.22 million current LCU | 26.22 million current LCU | 26.22 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)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is tax revenue in Micronesia (country)?
- Tax revenue in Micronesia (country) was 26.22 million current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Micronesia (country)?
- The highest recorded value was 101.27 million current LCU in 2018.
- What is the lowest tax revenue recorded in Micronesia (country)?
- The lowest recorded value was 11.28 million current LCU in 2008.
- How does Micronesia (country) rank for tax revenue?
- Micronesia (country) ranks 156th out of 157 countries with data for 2020.
- Is tax revenue rising or falling in Micronesia (country)?
- Over the last ten years it is up 89.4%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.