Taxes on income, profits and capital gains (% of revenue) in Micronesia (country)
Micronesia (country): Taxes on income, profits and capital gains (% of revenue) was 10.9% in 2020. ◆ Volatile
Taxes on income, profits and capital gains in Micronesia (country), 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2020, taxes on income, profits and capital gains in Micronesia (country) stood at 10.9%.
That represents a change of down 69.2% on the previous year and up 164.7% over ten years.
Over the whole period, taxes on income, profits and capital gains in Micronesia (country) peaked at 43.2% in 2018 and was at its lowest, 3.9%, in 2009.
Micronesia (country) ranks 129th 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.
Taxes on income, profits and capital gains (% of revenue) in Micronesia (country), year by year
| Year | % of revenue | Change |
|---|---|---|
| 2008 | 5.9% | — |
| 2009 | 3.9% | -33.5% |
| 2010 | 4.1% | +5.0% |
| 2011 | 5.7% | +38.5% |
| 2012 | 5.4% | -5.0% |
| 2013 | 8.2% | +51.5% |
| 2014 | 27.8% | +237.4% |
| 2015 | 7.5% | -72.8% |
| 2016 | 8.0% | +6.2% |
| 2017 | 15.9% | +98.4% |
| 2018 | 43.2% | +171.7% |
| 2019 | 35.6% | -17.7% |
| 2020 | 10.9% | -69.2% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 10.9% is below the median for upper middle income countries, which is 22.7%, 48% of the median. (48 countries reporting)
- Micronesia (country)'s 10.9% is below the median for East Asia & Pacific, which is 22.7%, 48% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.9% | 3.9% | 5.9% | 2 |
| 2010s | 16.2% | 4.1% | 43.2% | 10 |
| 2020s | 10.9% | 10.9% | 10.9% | 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 taxes on income, profits and capital gains in Micronesia (country)?
- Taxes on income, profits and capital gains in Micronesia (country) was 10.9% 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 (country)?
- The highest recorded value was 43.2% in 2018.
- What is the lowest taxes on income, profits and capital gains recorded in Micronesia (country)?
- The lowest recorded value was 3.9% in 2009.
- How does Micronesia (country) rank for taxes on income, profits and capital gains?
- Micronesia (country) ranks 129th out of 153 countries with data for 2020.
- Is taxes on income, profits and capital gains rising or falling in Micronesia (country)?
- Over the last ten years it is up 164.7%. 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 Taxes on income, profits and capital gains (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.