Claims on central government, etc. in Micronesia, Federated States of
Micronesia, Federated States of: Claims on central government, etc. was -22.6% in 2021. ▼ Falling
Claims on central government, etc. in Micronesia, Federated States of, 1995–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
In 2021, claims on central government, etc. in Micronesia, Federated States of stood at -22.6%. That is the highest value across all 27 years on record.
Compared with earlier readings it is up 84.4% on the previous year and up 42.4% over ten years.
Over the whole period, claims on central government, etc. in Micronesia, Federated States of peaked at -22.6% in 2021 and was at its lowest, -144.5%, in 2020.
Micronesia, Federated States of ranks 184th of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 27 years of available data.
Claims on central government, etc. in Micronesia, Federated States of, year by year
| Year | % GDP | Change |
|---|---|---|
| 1995 | -61.5% | — |
| 1996 | -73.2% | +19.2% |
| 1997 | -72.9% | -0.4% |
| 1998 | -78.0% | +7.0% |
| 1999 | -73.3% | -6.0% |
| 2000 | -74.4% | +1.4% |
| 2001 | -60.4% | -18.7% |
| 2002 | -68.9% | +13.9% |
| 2003 | -59.8% | -13.2% |
| 2004 | -48.9% | -18.2% |
| 2005 | -44.9% | -8.3% |
| 2006 | -48.1% | +7.1% |
| 2007 | -51.9% | +8.0% |
| 2008 | -40.7% | -21.6% |
| 2009 | -47.1% | +15.7% |
| 2010 | -37.4% | -20.5% |
| 2011 | -39.2% | +4.8% |
| 2012 | -39.5% | +0.7% |
| 2013 | -47.4% | +20.2% |
| 2014 | -47.8% | +0.7% |
| 2015 | -56.4% | +18.2% |
| 2016 | -64.8% | +14.8% |
| 2017 | -66.9% | +3.3% |
| 2018 | -67.8% | +1.3% |
| 2019 | -117.4% | +73.2% |
| 2020 | -144.5% | +23.0% |
| 2021 | -22.6% | -84.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -71.8% | -78.0% | -61.5% | 5 |
| 2000s | -54.5% | -74.4% | -40.7% | 10 |
| 2010s | -58.5% | -117.4% | -37.4% | 10 |
| 2020s | -83.6% | -144.5% | -22.6% | 2 |
Countries ranked near Micronesia, Federated States of
- 181 Grenada -19.2% compare
- 182 Samoa -19.4% compare
- 183 Tonga -20.9% compare
- 185 Timor-Leste -49.6% compare
- 186 Macau, China -79.5% compare
More financial sector data for Micronesia, Federated States of
- Net domestic credit (current LCU), per capita 66.38 current LCU per person (2021)
- Net domestic credit (current LCU), per unit of GDP 0.0189 current LCU per US$ of GDP (2021)
- Net domestic credit (current LCU), annual growth rate 101.67 % change on previous year (2021)
- Gold reserves at 35 SDRs per ounce 0 SDR (2021)
- Gold reserves at market value 0 SDR (2021)
- Reserves excluding gold, foreign exchange 342.24 million SDR (2021)
- Reserves excluding gold 355.41 million SDR (2021)
- Total reserves (gold at market value) 355.41 million SDR (2021)
- Total reserves (gold at national valuation) 355.41 million SDR (2021)
- Total reserves (gold at national valuation) (SDR), per capita 3,184 SDR per person (2021)
Frequently asked questions
- What is claims on central government, etc. in Micronesia, Federated States of?
- Claims on central government, etc. in Micronesia, Federated States of was -22.6% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest claims on central government, etc. recorded in Micronesia, Federated States of?
- The highest recorded value was -22.6% in 2021.
- What is the lowest claims on central government, etc. recorded in Micronesia, Federated States of?
- The lowest recorded value was -144.5% in 2020.
- How does Micronesia, Federated States of rank for claims on central government, etc.?
- Micronesia, Federated States of ranks 184th out of 186 countries with data for 2021.
- Is claims on central government, etc. rising or falling in Micronesia, Federated States of?
- Over the last ten years it is up 42.4%. The long-run trend across the full record is falling.
- Where does this Micronesia, Federated States of data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Claims on central government, etc. (% GDP). Statizoid updates them automatically from the source API.
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About this data
Claims on central government include loans to central government institutions net of deposits. 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.