Tax revenues vs income inequality in Micronesia, Federated States of
Micronesia, Federated States of: Tax revenues vs income inequality was 16.5 in 2023. ▲ Rising
Tax revenues vs income inequality in Micronesia, Federated States of, 1989–2023
Source: Our World in Data.
Analysis
The most recent figure for tax revenues vs income inequality in Micronesia, Federated States of is 16.5, measured in 2023.
Compared with earlier readings it is down 24.1% on the previous year and up 35.2% over ten years.
Over the whole period, tax revenues vs income inequality in Micronesia, Federated States of peaked at 33.04 in 2018 and was at its lowest, 9.05, in 1995.
Micronesia, Federated States of ranks 118th of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Tax revenues vs income inequality in Micronesia, Federated States of, year by year
| Year | Value | Change |
|---|---|---|
| 1989 | 10 | — |
| 1990 | 11.36 | +13.6% |
| 1991 | 10.6 | -6.7% |
| 1992 | 11.52 | +8.6% |
| 1993 | 10.86 | -5.7% |
| 1994 | 10.34 | -4.7% |
| 1995 | 9.05 | -12.6% |
| 1996 | 10.6 | +17.2% |
| 1997 | 10.1 | -4.7% |
| 1998 | 12.03 | +19.1% |
| 1999 | 11.66 | -3.1% |
| 2000 | 12 | +2.9% |
| 2001 | 11.23 | -6.4% |
| 2002 | 11.05 | -1.6% |
| 2003 | 10 | -9.5% |
| 2004 | 11.57 | +15.7% |
| 2005 | 11.87 | +2.6% |
| 2006 | 11.93 | +0.5% |
| 2007 | 11.03 | -7.5% |
| 2008 | 11.36 | +2.9% |
| 2009 | 11.53 | +1.5% |
| 2010 | 12.23 | +6.1% |
| 2011 | 12.15 | -0.7% |
| 2012 | 11.76 | -3.2% |
| 2013 | 12.2 | +3.7% |
| 2014 | 19.2 | +57.4% |
| 2015 | 12.58 | -34.5% |
| 2016 | 13.14 | +4.4% |
| 2017 | 17.83 | +35.7% |
| 2018 | 33.04 | +85.3% |
| 2019 | 26.7 | -19.2% |
| 2020 | 13.52 | -49.4% |
| 2021 | 15.9 | +17.6% |
| 2022 | 21.74 | +36.8% |
| 2023 | 16.5 | -24.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 10 | 10 | 10 | 1 |
| 1990s | 10.81 | 9.05 | 12.03 | 10 |
| 2000s | 11.36 | 10 | 12 | 10 |
| 2010s | 17.08 | 11.76 | 33.04 | 10 |
| 2020s | 16.92 | 13.52 | 21.74 | 4 |
Countries ranked near Micronesia, Federated States of
More poverty & inequality data for Micronesia, Federated States of
- Data deprivation poverty surveys per decade 0 (2025)
- Fertility rate vs the share living in extreme poverty 2.75 (2023)
- Cereal yield vs extreme poverty 1,716 (2024)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2024)
- Cereal yield vs extreme poverty, annual growth rate 0.1459 % change on previous year (2024)
- Tax revenues vs income inequality, gaps filled 16.5 (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
- Tax revenues vs income inequality, annual growth rate -24.12 % change on previous year (2023)
- Gini coefficient of lifespan inequality in females 0.1364 (2023)
- Gini coefficient of lifespan inequality by sex 0.1364 (2023)
Frequently asked questions
- What is tax revenues vs income inequality in Micronesia, Federated States of?
- Tax revenues vs income inequality in Micronesia, Federated States of was 16.5 in 2023, according to Our World in Data.
- What is the highest tax revenues vs income inequality recorded in Micronesia, Federated States of?
- The highest recorded value was 33.04 in 2018.
- What is the lowest tax revenues vs income inequality recorded in Micronesia, Federated States of?
- The lowest recorded value was 9.05 in 1995.
- How does Micronesia, Federated States of rank for tax revenues vs income inequality?
- Micronesia, Federated States of ranks 118th out of 186 countries with data for 2023.
- Is tax revenues vs income inequality rising or falling in Micronesia, Federated States of?
- Over the last ten years it is up 35.2%. The long-run trend across the full record is rising.
- Where does this Micronesia, Federated States of data come from?
- The figures come from Our World in Data, published as part of Tax revenues vs income inequality. Statizoid updates them automatically from the source API.
Download this data
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