Micronesia: Tax revenue

(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series

Micronesia: Tax revenue, percent of GDP

: For that indicator, we provide data for Micronesia from 2008 to 2018. The average value for Micronesia during that period was 8.02 percent with a minimum of 4.29 percent in 2008 and a maximum of 25.2 percent in 2018. The latest value from 2018 is 25.2 percent. For comparison, the world average in 2018 based on 57 countries is 16.70 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.
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