Micronesia, Fed. Sts. — Education spending
Government Education Spending (% of GDP) for Micronesia, Fed. Sts., 1972–2020.
Education spending for Micronesia, Fed. Sts. was 11.56% in 2020, according to the latest World Bank data. The series covers 12 years, from 1972 to 2020. The highest recorded value was 66.90% in 1972. The lowest was 6.42% in 1999 (about 1.8× the low point). Across that span the compound annual growth rate works out to -3.59% per year.
Micronesia, Fed. Sts. ranks 2 of 172 economies on this measure (1 = highest), putting it in the top 1%. The median for East Asia & Pacific is 4.25%, so Micronesia, Fed. Sts. sits above it. It peaked in 1972 and has fallen 83% since. Over the last decade (2012–2020) the figure moved down 1%. Within East Asia & Pacific it ranks 2 of 25 economies; Vanuatu (7.64%) is just below it. Its sharpest one-year move was down 90% in 1999. That is 3% below this series' own ten-year average.
Data highlights
World ranking. Slipped: 1st of 49 in 1972 → 11th of 116 in 2000 → 2nd of 157 in 2020.
Key figures
Full history — 1972 to 2020
| Year | % of GDP | Change |
|---|---|---|
| 2020 | 11.56% | +0.9 pp |
| 2019 | 10.69% | +0.8 pp |
| 2018 | 9.94% | -2.7 pp |
| 2017 | 12.68% | -1.1 pp |
| 2016 | 13.81% | +1.4 pp |
| 2015 | 12.41% | +0.2 pp |
| 2014 | 12.23% | -0.1 pp |
| 2013 | 12.34% | +0.6 pp |
| 2012 | 11.72% | +5.0 pp |
| 2000 | 6.71% | +0.3 pp |
| 1999 | 6.42% | -60.5 pp |
| 1972 | 66.9% | — |
Frequently asked questions
What was Micronesia, Fed. Sts.’s Education spending in 1999?
6.42% (1999). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in % of GDP, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is Micronesia, Fed. Sts.’s Education spending growing or shrinking?
Between 1972 and 2020 the series was shrinking overall: -82.7% in total — about 3.6% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator SE.XPD.TOTL.GD.ZS. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2020: 11.56%; 2019: 10.69%; 2018: 9.94%; 2017: 12.68%; 2016: 13.81%. Earlier years are in the full-history table below.
Related data
SE.XPD.TOTL.GD.ZS — Government Education Spending (% of GDP). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.