Share of government expenditure going to interest payments in Micronesia, Federated States of

Micronesia, Federated States of: Share of government expenditure going to interest payments was 0.5995 in 2020. ▼ Falling

Latest (2020)
0.5995
Change on year
up 1.8%
World rank
145th
of 152 countries
All-time high
1.36
in 2014
All-time low
0.5887
in 2019
Years of data
13
2008–2020

Share of government expenditure going to interest payments in Micronesia, Federated States of, 2008–2020

00.511.52008201420202008: 1.12009: 1.22010: 1.22011: 1.32012: 0.9882013: 1.32014: 1.42015: 1.22016: 0.8882017: 0.7562018: 0.6832019: 0.5892020: 0.6

Source: Our World in Data.

Analysis

In 2020, share of government expenditure going to interest payments in Micronesia, Federated States of stood at 0.5995.

Compared with earlier readings it is up 1.8% on the previous year and down 50.5% over ten years.

Over the whole period, share of government expenditure going to interest payments in Micronesia, Federated States of peaked at 1.36 in 2014 and was at its lowest, 0.5887, in 2019.

Micronesia, Federated States of ranks 145th of 152 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 13 years of available data.

Share of government expenditure going to interest payments in Micronesia, Federated States of, year by year

Annual values for Share of government expenditure going to interest payments in Micronesia, Federated States of, 2008 to 2020.
Year Value Change
2008 1.12
2009 1.18 +4.5%
2010 1.21 +3.1%
2011 1.31 +7.7%
2012 0.988 -24.3%
2013 1.27 +28.5%
2014 1.36 +7.4%
2015 1.21 -11.6%
2016 0.8875 -26.4%
2017 0.756 -14.8%
2018 0.683 -9.7%
2019 0.5887 -13.8%
2020 0.5995 +1.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.15 1.12 1.18 2
2010s 1.03 0.5887 1.36 10
2020s 0.5995 0.5995 0.5995 1

Countries ranked near Micronesia, Federated States of

  1. 142 Iran, Islamic Republic of 0.7311
  2. 143 Congo, Democratic Republic of the 0.6782 compare
  3. 144 Luxembourg 0.6004 compare
  4. 146 Palau 0.501 compare
  5. 147 Marshall Islands 0.462 compare
  6. 148 Singapore 0.44 compare

See the full ranking of 152 places →

More reference data data for Micronesia, Federated States of

All data for Micronesia, Federated States of →

Frequently asked questions

What is share of government expenditure going to interest payments in Micronesia, Federated States of?
Share of government expenditure going to interest payments in Micronesia, Federated States of was 0.5995 in 2020, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Micronesia, Federated States of?
The highest recorded value was 1.36 in 2014.
What is the lowest share of government expenditure going to interest payments recorded in Micronesia, Federated States of?
The lowest recorded value was 0.5887 in 2019.
How does Micronesia, Federated States of rank for share of government expenditure going to interest payments?
Micronesia, Federated States of ranks 145th out of 152 countries with data for 2020.
Is share of government expenditure going to interest payments rising or falling in Micronesia, Federated States of?
Over the last ten years it is down 50.5%. The long-run trend across the full record is falling.
Where does this Micronesia, Federated States of data come from?
The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.

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Share of government expenditure going to interest payments in Micronesia, Federated States of. Statizoid, drawing on Our World in Data. Retrieved 25 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/micronesia-fed-sts/

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About this data

Indicator
Share of government expenditure going to interest payments
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed