Micronesia - Goods and services expense

Goods and services expense (current LCU)

The value for Goods and services expense (current LCU) in Micronesia was 47,836,680 as of 2019. As the graph below shows, over the past 11 years this indicator reached a maximum value of 47,836,680 in 2019 and a minimum value of 20,687,670 in 2013.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

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

Year Value
2008 26,315,990
2009 22,492,300
2010 22,402,810
2011 21,281,190
2012 24,119,040
2013 20,687,670
2014 24,512,550
2015 31,326,580
2016 36,563,300
2017 43,924,700
2018 45,832,390
2019 47,836,680

Goods and services expense (% of expense)

Goods and services expense (% of expense) in Micronesia was 51.22 as of 2019. Its highest value over the past 11 years was 54.90 in 2008, while its lowest value was 35.84 in 2013.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

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

See also:

Year Value
2008 54.90
2009 48.18
2010 44.97
2011 43.59
2012 42.25
2013 35.84
2014 42.42
2015 47.93
2016 49.65
2017 54.05
2018 53.02
2019 51.22

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance