Micronesia — Government consumption
millions of LCU · Annual · 1970–2024 · 55 observations
About this series
Government final consumption expenditure is government spending on goods and services used to meet individual or collective needs, such as health, education, public order and defence. It is part of GDP and does not represent all government expenditure.
In Micronesia, the government consumption reading was 226.66M LCU in 2024, compared with 213.37M LCU in 2023. The period change was +6.23%. The latest reading was above the selected 10-year average of 188.13M LCU. The corresponding ratio to GDP was 47.1% in 2024.
Get the full series
- Annual data, 1970–2024
- All 2 sources, downloadable
Latest observations
2014–2024
| Period | Value |
|---|---|
| 2024 | 226.66M LCU |
| 2023 | 213.37M LCU |
| 2022 | 206.76M LCU |
| 2021 | 187.65M LCU |
| 2020 | 178.67M LCU |
6 earlier values, back to 2014
| 2019 | 189.12M LCU |
| 2018 | 189.11M LCU |
| 2017 | 174.99M LCU |
| 2016 | 159.96M LCU |
| 2015 | 154.98M LCU |
| 2014 | 147.07M LCU |