Micronesia, Fed. Sts.—Government Revenue (% of GDP)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #48 of 139
Latest Value
29.7%
2020
YoY Change
-26.0%
2019 → 2020
Global Rank
#48
of 139 countries
Maximum
45.8%
2018
Minimum
12.2%
2011
CAGR
+7.0%
13 years
Last
29.7%
Previous
40.1%
Highest
45.8%
Lowest
12.2%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2020 | 29.7% | -26.0% |
| 2019 | 40.1% | -12.5% |
| 2018 | 45.8% | +42.9% |
| 2017 | 32.1% | +15.5% |
| 2016 | 27.8% | -4.1% |
| 2015 | 29.0% | -0.8% |
| 2014 | 29.2% | +61.7% |
| 2013 | 18.0% | +22.7% |
| 2012 | 14.7% | +20.5% |
| 2011 | 12.2% | -2.0% |
| 2010 | 12.5% | -4.6% |
| 2009 | 13.1% | -1.4% |
| 2008 | 13.2% |
Top Countries — Government Revenue (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Nauru | 138.8% | 2020 |
| 2 | Kiribati | 81.1% | 2023 |
| 3 | Norway | 54.2% | 2023 |
| 4 | Timor-Leste | 51.5% | 2022 |
| 5 | Lesotho | 44.2% | 2024 |
| 6 | Austria | 44.2% | 2023 |
| 7 | Greece | 43.3% | 2023 |
| 8 | Luxembourg | 42.8% | 2023 |
| 9 | France | 42.2% | 2023 |
| 10 | Finland | 42.1% | 2023 |
About This Indicator
Definition
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Source: World Bank - World Development IndicatorsView original source →