Micronesia: Government spending, percent of GDP

* indicates monthly or quarterly data series
 Micronesia

Government spending as percent of GDP

 Latest value 73.83
 Year 1983
 Measure percent
 Data availability 1983 - 1983
 Average 73.83
 Min - Max 73.83 - 73.83
 Source The World Bank
The latest value from 1983 is 73.83 percent, unavailable from percent in . In comparison, the world average is 17.18 percent, based on data from 120 countries. Historically, the average for Micronesia from 1983 to 1983 is 73.83 percent. The minimum value, 73.83 percent, was reached in 1983 while the maximum of 73.83 percent was recorded in 1983. See the global rankings or world map for that indicator or use the country comparator to compare trends over time. The value of that indicator for 1983 is 73.83 percent.
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* indicates monthly or quarterly data series


Recent data
Micronesia - Government spending, percent of GDP - Recent values chart




The government size of Micronesia and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 73.83 1983 percent
 Government spending, in dollars 0.06 1983 billion U.S. dollars
 Fiscal balance, percent of GDP 4.46 2021 percent
 Government debt 17.03 2021 percent
 Tax revenue 7.05 2020 percent
 Commercial tax rate 60.50 2019 percent
 Tax preparation time 128 2019 hours
 Number of taxes 21 2019 taxes
 Taxes on goods and services 3.40 2020 percent
 Taxes on international trade 4.50 2020 percent
 Income and profits taxes 10.94 2020 percent
 Foreign aid 150.39 2022 million U.S. dollars
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