Micronesia: Foreign aid

* indicates monthly or quarterly data series
 Micronesia

Foreign aid and official development assistance received

 Latest value 150.39
 Year 2022
 Measure million U.S. dollars
 Data availability 1991 - 2022
 Average 99.19
 Min - Max 0.46 - 171.63
 Source World Bank
The latest value from 2022 is 150.39 million U.S. dollars, an increase from 130.76 million U.S. dollars in 2021. In comparison, the world average is 1147.12 million U.S. dollars, based on data from 130 countries. Historically, the average for Micronesia from 1991 to 2022 is 99.19 million U.S. dollars. The minimum value, 0.46 million U.S. dollars, was reached in 1991 while the maximum of 171.63 million U.S. dollars was recorded in 2020. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Micronesia - Foreign aid - Recent values chart

Historical series
Micronesia - Foreign aid - historical chart - 1991-2022




Definition: Net official development assistance (ODA) consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent). Net official aid refers to aid flows (net of repayments) from official donors to countries and territories in part II of the DAC list of recipients: more advanced countries of Central and Eastern Europe, the countries of the former Soviet Union, and certain advanced developing countries and territories. Official aid is provided under terms and conditions similar to those for ODA. Part II of the DAC List was abolished in 2005. The collection of data on official aid and other resource flows to Part II countries ended with 2004 data. Data are in current U.S. dollars.

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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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