Micronesia, Fed. Sts.'s claims on central government, etc. (% of GDP) was -22.6% in 2021, the latest year in the World Bank's World Development Indicators. That is up 16.6 percentage points from -39.21% in 2011.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -22.6% | 2021 |
| Five years earlier | -64.78% | 2016 |
| Ten years earlier | -39.21% | 2011 |
| Highest | -22.6% | 2021 |
| Lowest | -144.52% | 2020 |
| Average since 2012 | -67.52% | 2012–2021 |
| First recorded | -61.47% | 1995 |
What the numbers say
In 2021, Micronesia, Fed. Sts.'s claims on central government, etc. (% of GDP) rose 121.92 percentage points on 2020 (from -144.52% to -22.6%).
Across the 25 yearly changes before that (1996 to 2020), the average change was −3.32 percentage points and a typical year strayed about 13.05 percentage points from that (the standard deviation). This year's change was 9.6 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 121.92 percentage points in 2021 and the biggest yearly fall was 49.62 percentage points in 2019. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 there is no clear straight-line trend: a straight line explains 21% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Micronesia, Fed. Sts. | -22.6% | 2021 |
| World | 39.8% | 2024 |
| East Asia & Pacific | 49.42% | 2024 |
| Upper middle income | 37.82% | 2024 |
Closest to Micronesia, Fed. Sts. in the 2021 ranking
- Chad — 1st of 4: 12.63%
- Belarus — 2nd of 4: -5.76%
- Russian Federation — 3rd of 4: -6.51%
What this measures
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.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 27 values
| Year | Claims on central government, etc. (% of GDP) |
|---|---|
| 2021 | -22.6 |
| 2020 | -144.52 |
| 2019 | -117.45 |
| 2018 | -67.83 |
| 2017 | -66.94 |
| 2016 | -64.78 |
| 2015 | -56.44 |
| 2014 | -47.76 |
| 2013 | -47.44 |
| 2012 | -39.47 |
| 2011 |
Claims on central government, etc. (% of GDP) in nearby economies
- Australia — 7.99% (2025)
- Brunei Darussalam — 33.27% (2025)
- Cambodia — -11.72% (2025)
- China — 45.99% (2024)
- Fiji — 43.37% (2025)
- Hong Kong SAR, China — -18.42% (2025)
- Indonesia — 12.29% (2025)
- Japan — 116.59% (2025)
- Korea, Rep. — 3.37% (2024)
- Macao SAR, China — -79.46% (2025)
More financial sector data for Micronesia, Fed. Sts.
- Official exchange rate (LCU per US$, period average) — US$1 (2025)
- GDP deflator (base year varies by country) — 191.62 (2025)
- DEC alternative conversion factor (LCU per US$) — US$1 (2025)
- Inflation, GDP deflator (annual % growth) — 3.2% (2025)
- Inflation, GDP deflator, linked series (annual % growth) — 3.2% (2025)
- GDP deflator, linked series (base year varies by country) — 191.62 (2025)
- Net foreign assets (current LCU) — 0 (2022)
- Domestic credit to private sector by banks (% of GDP) — 23.43% (2021)
- Net domestic credit (current LCU)
Reading data like this
Questions people ask
- What is Micronesia, Fed. Sts.'s claims on central government, etc. (% of GDP)?
- -22.6% in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1995?
- It is up 38.87 percentage points from -61.47% in 1995. The highest value was -22.6% in 2021 and the lowest -144.52% in 2020.
- Is the latest change in claims on central government, etc. (% of GDP) unusual for Micronesia, Fed. Sts.?
- In 2021, Micronesia, Fed. Sts.'s claims on central government, etc. (% of GDP) rose 121.92 percentage points on 2020 (from -144.52% to -22.6%). Across the 25 yearly changes before that (1996 to 2020), the average change was −3.32 percentage points and a typical year strayed about 13.05 percentage points from that (the standard deviation). This year's change was 9.6 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator FS.AST.CGOV.GD.ZS, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in