Tax revenue as share of GDP vs. income inequality in Micronesia (country)

Micronesia (country): Tax revenue as share of GDP vs. income inequality was 16.5% in 2023. ▲ Rising

Latest (2023)
16.5%
Change on year
down 24.1%
World rank
119th
of 187 countries
All-time high
33.0%
in 2018
All-time low
9.0%
in 1995
Years of data
35
1989–2023

Tax revenue as share of GDP vs. income inequality in Micronesia (country), 1989–2023

1015202530351989200620231989: 10 % of GDP1990: 11.4 % of GDP1991: 10.6 % of GDP1992: 11.5 % of GDP1993: 10.9 % of GDP1994: 10.3 % of GDP1995: 9 % of GDP1996: 10.6 % of GDP1997: 10.1 % of GDP1998: 12 % of GDP1999: 11.7 % of GDP2000: 12 % of GDP2001: 11.2 % of GDP2002: 11.1 % of GDP2003: 10 % of GDP2004: 11.6 % of GDP2005: 11.9 % of GDP2006: 11.9 % of GDP2007: 11 % of GDP2008: 11.4 % of GDP2009: 11.5 % of GDP2010: 12.2 % of GDP2011: 12.1 % of GDP2012: 11.8 % of GDP2013: 12.2 % of GDP2014: 19.2 % of GDP2015: 12.6 % of GDP2016: 13.1 % of GDP2017: 17.8 % of GDP2018: 33 % of GDP2019: 26.7 % of GDP2020: 13.5 % of GDP2021: 15.9 % of GDP2022: 21.7 % of GDP2023: 16.5 % of GDP

Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in % of GDP.

Analysis

The most recent figure for tax revenue as share of gdp vs. income inequality in Micronesia (country) 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 revenue as share of gdp vs. income inequality in Micronesia (country) peaked at 33.0% in 2018 and was at its lowest, 9.0%, in 1995.

Micronesia (country) ranks 119th of 187 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 revenue as share of GDP vs. income inequality in Micronesia (country), year by year

Annual values for Tax revenue as share of GDP vs. income inequality in Micronesia (country), 1989 to 2023.
Year % of GDP Change
1989 10.0% —
1990 11.4% +13.6%
1991 10.6% -6.7%
1992 11.5% +8.6%
1993 10.9% -5.7%
1994 10.3% -4.7%
1995 9.0% -12.6%
1996 10.6% +17.2%
1997 10.1% -4.7%
1998 12.0% +19.1%
1999 11.7% -3.1%
2000 12.0% +2.9%
2001 11.2% -6.4%
2002 11.1% -1.6%
2003 10.0% -9.5%
2004 11.6% +15.7%
2005 11.9% +2.6%
2006 11.9% +0.5%
2007 11.0% -7.5%
2008 11.4% +2.9%
2009 11.5% +1.5%
2010 12.2% +6.1%
2011 12.1% -0.7%
2012 11.8% -3.2%
2013 12.2% +3.7%
2014 19.2% +57.4%
2015 12.6% -34.5%
2016 13.1% +4.4%
2017 17.8% +35.7%
2018 33.0% +85.3%
2019 26.7% -19.2%
2020 13.5% -49.4%
2021 15.9% +17.6%
2022 21.7% +36.8%
2023 16.5% -24.1%

Micronesia (country) compared with similar countries

  • Micronesia (country)'s 16.5% is below the median for upper middle income countries, which is 21.9%, 75% of the median. (54 countries reporting)
  • Micronesia (country)'s 16.5% is below the median for East Asia & Pacific, which is 18.1%, 91% of the median. (30 countries reporting)

Biggest year-on-year movements

Years where Tax revenue as share of GDP vs. income inequality 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
2018 +85.3% 17.8% 33.0%

Averages by decade

DecadeAverage LowestHighest Years
1980s 10.0% 10.0% 10.0% 1
1990s 10.8% 9.0% 12.0% 10
2000s 11.4% 10.0% 12.0% 10
2010s 17.1% 11.8% 33.0% 10
2020s 16.9% 13.5% 21.7% 4

Countries ranked near Micronesia (country)

  1. 116 Jordan 17.2% compare
  2. 117 Thailand 17.0% compare
  3. 118 Peru 16.9% compare
  4. 120 Zambia 16.2% compare
  5. 121 Kenya 16.1% compare
  6. 122 Papua New Guinea 15.8% 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 revenue as share of gdp vs. income inequality in Micronesia (country)?
Tax revenue as share of gdp vs. income inequality in Micronesia (country) was 16.5% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
What is the highest tax revenue as share of gdp vs. income inequality recorded in Micronesia (country)?
The highest recorded value was 33.0% in 2018.
What is the lowest tax revenue as share of gdp vs. income inequality recorded in Micronesia (country)?
The lowest recorded value was 9.0% in 1995.
How does Micronesia (country) rank for tax revenue as share of gdp vs. income inequality?
Micronesia (country) ranks 119th out of 187 countries with data for 2023.
Is tax revenue as share of gdp vs. income inequality rising or falling in Micronesia (country)?
Over the last ten years it is up 35.2%. The long-run trend across the full record is rising.
Where does this Micronesia (country) data come from?
The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Tax revenue as share of GDP vs. income inequality. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (Our World in Data).

Share, cite or embed this page

Cite this page

Tax revenue as share of GDP vs. income inequality in Micronesia (country). Statizoid, drawing on UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Retrieved 11 October 2026, from https://poverty.statizoid.com/stat/tax-revenues-vs-income-inequality/micronesia-fed-sts/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://poverty.statizoid.com/stat/tax-revenues-vs-income-inequality/micronesia-fed-sts/">Tax revenue as share of GDP vs. income inequality in Micronesia (country)</a> — Statizoid

About this data

Indicator
Tax revenue as share of GDP vs. income inequality
Unit
% of GDP
Source
UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
187 places, 6,284 data points, 1980–2023
Last refreshed

Taxes include direct and indirect taxes as well as social contributions. The Gini coefficient measures inequality on a scale from 0 to 1. Higher values indicate higher inequality.