Micronesia - Expense

Expense (current LCU)

The value for Expense (current LCU) in Micronesia was 93,401,390 as of 2019. As the graph below shows, over the past 11 years this indicator reached a maximum value of 93,401,390 in 2019 and a minimum value of 46,683,830 in 2009.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
2008 47,932,620
2009 46,683,830
2010 49,814,520
2011 48,816,260
2012 57,085,250
2013 57,720,850
2014 57,789,060
2015 65,363,680
2016 73,648,320
2017 81,273,950
2018 86,444,220
2019 93,401,390

Expense (% of GDP)

Expense (% of GDP) in Micronesia was 22.89 as of 2019. Its highest value over the past 11 years was 22.89 in 2019, while its lowest value was 15.68 in 2011.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
2008 18.22
2009 16.66
2010 16.78
2011 15.68
2012 17.44
2013 18.20
2014 18.10
2015 20.65
2016 22.17
2017 22.17
2018 21.51
2019 22.89

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance