Wage bill as a percentage of GDP in Micronesia, Federated States of

Micronesia, Federated States of: Wage bill as a percentage of GDP was 18.0% in 2022. β–Ό Falling

Latest (2022)
18.0%
Change on year
up 2.7%
World rank
7th
of 190 countries
All-time high
24.7%
in 2008
All-time low
17.6%
in 2021
Years of data
23
2000–2022

Wage bill as a percentage of GDP in Micronesia, Federated States of, 2000–2022

05101520252000201120222000: 22.42001: 22.52002: 242003: 24.12004: 23.62005: 222006: 21.82007: 222008: 24.72009: 232010: 22.92011: 21.82012: 20.72013: 21.82014: 21.92015: 22.12016: 212017: 20.12018: 18.52019: 192020: 19.72021: 17.62022: 18

Source: World Bank.

Analysis

Micronesia, Federated States of recorded 18.0% for wage bill as a percentage of gdp in 2022.

The figure is up 2.7% on the previous year and down 12.8% over ten years.

Over the whole period, wage bill as a percentage of gdp in Micronesia, Federated States of peaked at 24.7% in 2008 and was at its lowest, 17.6%, in 2021.

Micronesia, Federated States of ranks 7th of 190 countries on this measure, in the top 10%.

The long-run direction has been consistently falling across the 23 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 23.0% 21.8% 24.7% 10
2010s 21.0% 18.5% 22.9% 10
2020s 18.4% 17.6% 19.7% 3

Countries ranked near Micronesia, Federated States of

  1. 4 Tuvalu 31.3% compare
  2. 5 Marshall Islands 22.4% compare
  3. 6 Lesotho 19.5% compare
  4. 8 Kuwait 16.8% compare
  5. 9 Vanuatu 16.6% compare
  6. 10 Eritrea 16.5% compare

See the full ranking of 190 places β†’

More reference data data for Micronesia, Federated States of

All data for Micronesia, Federated States of β†’

Frequently asked questions

What is wage bill as a percentage of gdp in Micronesia, Federated States of?
Wage bill as a percentage of gdp in Micronesia, Federated States of was 18.0% in 2022, according to the World Bank.
What is the highest wage bill as a percentage of gdp recorded in Micronesia, Federated States of?
The highest recorded value was 24.7% in 2008.
What is the lowest wage bill as a percentage of gdp recorded in Micronesia, Federated States of?
The lowest recorded value was 17.6% in 2021.
How does Micronesia, Federated States of rank for wage bill as a percentage of gdp?
Micronesia, Federated States of ranks 7th out of 190 countries with data for 2022.
Is wage bill as a percentage of gdp rising or falling in Micronesia, Federated States of?
Over the last ten years it is down 12.8%. The long-run trend across the full record is falling.
Where does this Micronesia, Federated States of data come from?
The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.

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Wage bill as a percentage of GDP in Micronesia, Federated States of. Statizoid. Retrieved 20 August 2026, from https://reference.statizoid.com/stat/wage-bill-as-a-percentage-of-gdp/micronesia-fed-sts/

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About this data

Indicator
Wage bill as a percentage of GDP
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 4,104 data points, 2000–2022
Last refreshed