Taxes on income, profits and capital gains in Micronesia, Federated States of
Micronesia, Federated States of: Taxes on income, profits and capital gains was 15.07 million current LCU in 2020. ◆ Volatile
Taxes on income, profits and capital gains in Micronesia, Federated States of, 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on income, profits and capital gains in Micronesia, Federated States of is 15.07 million current LCU, measured in 2020.
That represents a change of down 77.4% on the previous year and up 249.9% over ten years.
Over the whole period, taxes on income, profits and capital gains in Micronesia, Federated States of peaked at 89.04 million current LCU in 2018 and was at its lowest, 3.51 million current LCU, in 2009.
That places Micronesia, Federated States of 150th out of 153 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.
Taxes on income, profits and capital gains in Micronesia, Federated States of, year by year
| Year | current LCU | Change |
|---|---|---|
| 2008 | 3.66 million current LCU | — |
| 2009 | 3.51 million current LCU | -4.0% |
| 2010 | 4.31 million current LCU | +22.7% |
| 2011 | 5.87 million current LCU | +36.4% |
| 2012 | 6.47 million current LCU | +10.1% |
| 2013 | 8.26 million current LCU | +27.7% |
| 2014 | 31.70 million current LCU | +283.9% |
| 2015 | 8.33 million current LCU | -73.7% |
| 2016 | 10.27 million current LCU | +23.2% |
| 2017 | 27.18 million current LCU | +164.7% |
| 2018 | 89.04 million current LCU | +227.6% |
| 2019 | 66.61 million current LCU | -25.2% |
| 2020 | 15.07 million current LCU | -77.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.58 million current LCU | 3.51 million current LCU | 3.66 million current LCU | 2 |
| 2010s | 25.80 million current LCU | 4.31 million current LCU | 89.04 million current LCU | 10 |
| 2020s | 15.07 million current LCU | 15.07 million current LCU | 15.07 million current LCU | 1 |
Countries ranked near Micronesia, Federated States of
More public sector data for Micronesia, Federated States of
- 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 taxes on income, profits and capital gains in Micronesia, Federated States of?
- Taxes on income, profits and capital gains in Micronesia, Federated States of was 15.07 million current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Micronesia, Federated States of?
- The highest recorded value was 89.04 million current LCU in 2018.
- What is the lowest taxes on income, profits and capital gains recorded in Micronesia, Federated States of?
- The lowest recorded value was 3.51 million current LCU in 2009.
- How does Micronesia, Federated States of rank for taxes on income, profits and capital gains?
- Micronesia, Federated States of ranks 150th out of 153 countries with data for 2020.
- Is taxes on income, profits and capital gains rising or falling in Micronesia, Federated States of?
- Over the last ten years it is up 249.9%. The long-run trend across the full record is volatile.
- Where does this Micronesia, Federated States of data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on income, profits and capital gains (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.