Micronesia, Fed. Sts. — Health spending
Health Spending (% of GDP) for Micronesia, Fed. Sts., 2000–2023.
Health spending for Micronesia, Fed. Sts. was 12.88% in 2023, according to the latest World Bank data. The series covers 24 years, from 2000 to 2023. The highest recorded value was 17.95% in 2005. The lowest was 7.77% in 2000 (about 1.7× the low point). Across that span the compound annual growth rate works out to 2.22% per year.
Micronesia, Fed. Sts. ranks 7 of 189 economies on this measure (1 = highest), putting it in the top 4%. The median for East Asia & Pacific is 5.94%, so Micronesia, Fed. Sts. sits above it. It peaked in 2005 and has fallen 28% since. Over the last decade (2013–2023) the figure moved up 5%. Within East Asia & Pacific it ranks 4 of 29 economies; Kiribati (10.95%) is just below it. Its sharpest one-year move was up 47% in 2005. That is 5% above this series' own ten-year average.
Data highlights
From its 2000 level: doubled by 2005. Doubling roughly every 32 years at that pace.
World ranking. Climbed: 29th of 184 in 2000 → 4th of 188 in 2010 → 15th of 189 in 2020 → 7th of 188 in 2023.
Key figures
Full history — 2000 to 2023
| Year | % of GDP | Change |
|---|---|---|
| 2023 | 12.88% | +0.3 pp |
| 2022 | 12.63% | +1.3 pp |
| 2021 | 11.37% | -0.6 pp |
| 2020 | 11.98% | +0.1 pp |
| 2019 | 11.87% | -0.1 pp |
| 2018 | 11.94% | -0.5 pp |
| 2017 | 12.41% | -0.9 pp |
| 2016 | 13.33% | +0.7 pp |
| 2015 | 12.62% | +0.8 pp |
| 2014 | 11.83% | -0.4 pp |
| 2013 | 12.22% | -0.2 pp |
| 2012 | 12.39% | -0.8 pp |
| 2011 | 13.22% | -0.1 pp |
| 2010 | 13.33% | +0.6 pp |
| 2009 | 12.69% | +0.6 pp |
| 2008 | 12.08% | +0.8 pp |
| 2007 | 11.23% | +0.4 pp |
| 2006 | 10.87% | -7.1 pp |
| 2005 | 17.95% | +5.7 pp |
| 2004 | 12.24% | +2.6 pp |
| 2003 | 9.65% | +1.7 pp |
| 2002 | 7.96% | -0.5 pp |
| 2001 | 8.49% | +0.7 pp |
| 2000 | 7.77% | — |
Frequently asked questions
What was Micronesia, Fed. Sts.’s Health spending in 2001?
8.49% (2001). 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 Health spending growing or shrinking?
Between 2000 and 2023 the series was growing overall: +65.9% in total — about 2.2% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator SH.XPD.CHEX.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: 2023: 12.88%; 2022: 12.63%; 2021: 11.37%; 2020: 11.98%; 2019: 11.87%. Earlier years are in the full-history table below.
Related data
SH.XPD.CHEX.GD.ZS — Health 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.