Tax revenues vs income inequality, annual growth rate in Micronesia (country)

Micronesia (country): Tax revenues vs income inequality, annual growth rate was -24.12 % change on previous year in 2023. ◆ Volatile

Latest (2023)
-24.12 % change on previous year
Change on year
down 165.6%
World rank
181st
of 187 countries
All-time high
85.31 % change on previous year
in 2018
All-time low
-49.36 % change on previous year
in 2020
Years of data
34
1990–2023

Tax revenues vs income inequality, annual growth rate in Micronesia (country), 1990–2023

-500501001990200620231990: 13.6 % change on previous year1991: -6.7 % change on previous year1992: 8.6 % change on previous year1993: -5.7 % change on previous year1994: -4.7 % change on previous year1995: -12.6 % change on previous year1996: 17.2 % change on previous year1997: -4.7 % change on previous year1998: 19.1 % change on previous year1999: -3.1 % change on previous year2000: 2.9 % change on previous year2001: -6.4 % change on previous year2002: -1.6 % change on previous year2003: -9.5 % change on previous year2004: 15.7 % change on previous year2005: 2.6 % change on previous year2006: 0.487 % change on previous year2007: -7.5 % change on previous year2008: 2.9 % change on previous year2009: 1.5 % change on previous year2010: 6.1 % change on previous year2011: -0.686 % change on previous year2012: -3.2 % change on previous year2013: 3.7 % change on previous year2014: 57.4 % change on previous year2015: -34.5 % change on previous year2016: 4.4 % change on previous year2017: 35.7 % change on previous year2018: 85.3 % change on previous year2019: -19.2 % change on previous year2020: -49.4 % change on previous year2021: 17.6 % change on previous year2022: 36.8 % change on previous year2023: -24.1 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2023, tax revenues vs income inequality, annual growth rate in Micronesia (country) stood at -24.12 % change on previous year.

That represents a change of down 165.6% on the previous year and down 745.2% over ten years.

Over the whole period, tax revenues vs income inequality, annual growth rate in Micronesia (country) peaked at 85.31 % change on previous year in 2018 and was at its lowest, -49.36 % change on previous year, in 2020.

Micronesia (country) ranks 181st of 187 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Tax revenues vs income inequality, annual growth rate in Micronesia (country), year by year

Annual values for Tax revenues vs income inequality, annual growth rate in Micronesia (country), 1990 to 2023.
Year % change on previous year Change
1990 13.61 % change on previous year —
1991 -6.67 % change on previous year -149.0%
1992 8.63 % change on previous year -229.3%
1993 -5.72 % change on previous year -166.3%
1994 -4.73 % change on previous year -17.2%
1995 -12.56 % change on previous year +165.5%
1996 17.18 % change on previous year -236.7%
1997 -4.73 % change on previous year -127.5%
1998 19.11 % change on previous year -504.2%
1999 -3.06 % change on previous year -116.0%
2000 2.92 % change on previous year -195.4%
2001 -6.43 % change on previous year -319.7%
2002 -1.59 % change on previous year -75.3%
2003 -9.51 % change on previous year +498.3%
2004 15.68 % change on previous year -264.9%
2005 2.61 % change on previous year -83.3%
2006 0.4869 % change on previous year -81.4%
2007 -7.51 % change on previous year -1642.7%
2008 2.95 % change on previous year -139.2%
2009 1.5 % change on previous year -49.0%
2010 6.13 % change on previous year +307.7%
2011 -0.6858 % change on previous year -111.2%
2012 -3.17 % change on previous year +362.2%
2013 3.74 % change on previous year -217.9%
2014 57.35 % change on previous year +1434.1%
2015 -34.49 % change on previous year -160.1%
2016 4.43 % change on previous year -112.9%
2017 35.69 % change on previous year +704.7%
2018 85.31 % change on previous year +139.0%
2019 -19.18 % change on previous year -122.5%
2020 -49.36 % change on previous year +157.4%
2021 17.57 % change on previous year -135.6%
2022 36.78 % change on previous year +109.3%
2023 -24.12 % change on previous year -165.6%

Micronesia (country) compared with similar countries

  • Micronesia (country)'s -24.12 % change on previous year is below the median for upper middle income countries, which is 3.17 % change on previous year. (54 countries reporting)
  • Micronesia (country)'s -24.12 % change on previous year is below the median for East Asia & Pacific, which is 2.79 % change on previous year. (30 countries reporting)

Biggest year-on-year movements

Years where Tax revenues vs income inequality, annual growth rate in Micronesia (country) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2007 -1642.7% 0.4869 % change on previous year -7.51 % change on previous year
2014 +1434.1% 3.74 % change on previous year 57.35 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.1 % change on previous year -12.56 % change on previous year 19.11 % change on previous year 10
2000s 0.1117 % change on previous year -9.51 % change on previous year 15.68 % change on previous year 10
2010s 13.51 % change on previous year -34.49 % change on previous year 85.31 % change on previous year 10
2020s -4.78 % change on previous year -49.36 % change on previous year 36.78 % change on previous year 4

Countries ranked near Micronesia (country)

  1. 178 Chile -15.15 % change on previous year compare
  2. 179 Democratic Republic of Congo -18.68 % change on previous year compare
  3. 180 Afghanistan -19.16 % change on previous year compare
  4. 182 Syria -24.99 % change on previous year compare
  5. 183 Nauru -34.48 % change on previous year compare
  6. 184 Sudan -43.88 % change on previous year compare

See the full ranking of 187 places →

More poverty & inequality data for Micronesia (country)

All data for Micronesia (country) →

Frequently asked questions

What is tax revenues vs income inequality, annual growth rate in Micronesia (country)?
Tax revenues vs income inequality, annual growth rate in Micronesia (country) was -24.12 % change on previous year in 2023, according to Statizoid (derived).
What is the highest tax revenues vs income inequality, annual growth rate recorded in Micronesia (country)?
The highest recorded value was 85.31 % change on previous year in 2018.
What is the lowest tax revenues vs income inequality, annual growth rate recorded in Micronesia (country)?
The lowest recorded value was -49.36 % change on previous year in 2020.
How does Micronesia (country) rank for tax revenues vs income inequality, annual growth rate?
Micronesia (country) ranks 181st out of 187 countries with data for 2023.
Is tax revenues vs income inequality, annual growth rate rising or falling in Micronesia (country)?
Over the last ten years it is down 745.2%. The long-run trend across the full record is volatile.
Where does this Micronesia (country) data come from?
The figures come from Statizoid (derived), published as part of Tax revenues vs income inequality, annual growth rate. Statizoid updates them automatically from the source API.

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Tax revenues vs income inequality, annual growth rate in Micronesia (country). Statizoid, drawing on Statizoid (derived). Retrieved 06 November 2026, from https://poverty.statizoid.com/stat/tax-revenues-vs-income-inequality-annual-growth-rate/micronesia-fed-sts/

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How this figure is calculated

The year-on-year percentage change in Tax revenues vs income inequality. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Tax revenues vs income inequality, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
187 places, 6,042 data points, 1981–2023
Last refreshed

The year-on-year percentage change in Tax revenues vs income inequality. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.